One of the most important steps for a start-up is to get the company registered to avail benefits and other government schemes. Generally, registration of a new business or enterprise in India is administered by the Companies Act 1956. This act is the single most important piece of legislation which helps the central government to regulate important data about companies including their formation, finance, functions and disbandment. This act is governed by Ministry of Corporate Affairs and the Offices of Registrar of Companies, Official Liquidators, Public Trustee, Company Law Board and the Director of Inspection.
Certifying the documents can be done in three steps namely-
- By acquiring Director Identification Number (DIN) for all the proposed directors of a said company.
- Also, by attaining Digital Signature Certificate (DSC) for at least one director of the company.
- Lastly, by filing of e-forms 1A, 1, 18 & 32 or New Registration form with the Registrar of Companies (ROC) of the respective State
Director Identification Number (DIN)- Director Identification Number is an exclusive number allotted to any person who is the director of a company or intends to be one under section 153 and 154 of the Companies Act,2013.
Documents required for attaining DIN-
- ID Proof- Pan Card, Passport, Voter Id, Driving License etc.
- Residential Proof- Driving License, Passport, Ration Card, Voter Id Card, Bank Statement (passbook), Electricity bill, Telephone Bill etc.
- Photograph of the applicant
- Proof of Date of Birth
- Original passport in case of foreign nationals
- Proof of affidavit in case of name changed
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Digital Signature Certificate (DSC)- Digital signature certificate is basically the electronic version of physical signature that is among one of the key steps towards registration of any new company in India. In India, the Information Technology Act of 2000 generally permits the use of Digital Signatures used in documents. Certifying Authorities (CA) has been permitted to issue Digital Signature Certificates under Section 20 of the IT Act-2000. For more information on DSC visit mca site
The central government though in May, 2015 introduced a form known as Integrated Incorporation Form INC-29 that will combine the procedure of obtaining DIN, Name Approval Application and Incorporation Application into a single process.
For detailed information registering a new company click here
Also read: Registering a Sole Proprietorship and/or Partnership Firm