Essential Documents for Company Registration
Are you prepared to go from the idea of starting a business to actually doing it? Company registration Services is a significant step that you need to take when starting your business in the market. However, it can be overwhelming with so many papers and procedures one has to go through.
Are you prepared to go from the idea of starting a business to actually doing it? Company registration is a significant step that you need to take when starting your business in the market. However, it can be overwhelming with so many papers and procedures one has to go through.
Understanding what necessary papers are required to register can facilitate the process and bring your company to the market faster. In this blog, we will help you understand the requirements for the company formation so that the process can be easy and safe. Let’s get started and make sure that you are building a proper foundation for your business!
Digital Signature Certificate (DSC)
The Digital Signature Certificate is a compulsory document for the director and shareholders at the time of company registration. It is used to submit important forms to the government of India. The documents needed to get a DSC can differ depending on the type of business and applicant.
Director Identification Number (DIN)
A DIN is a unique identification number allotted by the Central Government to anyone intending to act as the director of a company. It has a lifetime validity, and the director’s details are kept in a database. It is a unique 8-digit number that is important for company registration.
Read More: Top Benefits of Professional Compliance Services
PAN Card
The director is required to submit a copy of their PAN card for company registration. The copy should be free of errors, as MCA uses the director’s name on the PAN card for all registration matters.
Address Proof
The director has to hand over an address proof. It must mention the same address and name as on the PAN card. It is also important that the document is kept for at least 60 days. As proof of address, you may use one of the following:
- Voter ID Card
- Aadhar Card
- Driving License
- Passport
- Electricity Bill
Residential Proof
For company registration, the director is required to submit an address with residence proof. This would aid in validating their current address. The residential proof must have the same address as the one on the PAN.
Memorandum of Association
MOA is a legal document that serves as the cornerstone upon which the company was built. It’s an important document for business registration as it explains why the company was founded, its authority, and the terms under which it functions. It includes details about the company’s name, objectives, registered office address, and liabilities of its members.
Articles Of Association
AOA can be referred to as the “Rule Book” of a company, as it contains the specific rules and regulations agreed upon by the directors and shareholders of the company. It is an essential document for registration, including company name, purpose, share capital, legal organizations, and shareholder meetings.
Proof Of Registered Office Address
An important requirement for firm registration is a valid proof of registered office addresses. Valid proof could be lease deeds, rental agreements, or any type of utility bill that confirms the address. It needs to be accessible at a physical address, as this is where all the official correspondence and notices are sent.
Certificate Of Incorporation
After all the necessary documents are gathered and submitted for company registration, after verification, the Registrar of Companies issues a Certificate Of Incorporate, which essentially serves as the birth certificate of a company. The company’s legal existence is signified, and it signals the completion of the company registration process.
Last Words
Once all the necessary documents are gathered and verified, your company will have a clear path to registration. These documents are essential for the company registration and they should be triple-checked before submission to the respective government representative.
Moreover, there is a lot that goes on in the business world. With updates every day and new laws being issued, it can be challenging for a company to navigate the industry’s maze. This is where The StartupLab comes into play.
From starting your journey from ideation to finding investors for your amazing business idea to take off, The StartupLab is there to help you and your company grow.
FAQs
What legal papers are required to register a company?
You would require proof of identification from the directors or partners, such as a PAN card or passport, proof of the registered address, and photos.
Is it necessary to submit copies of the utility bill for registration of the business name?
Yes, you can use any document containing your current address, such as utility bills, rental agreements, or property documents, as proof of your address.
What is DIN, and how can I get it?
Directors are also required to acquire a DIN or director identification number. This can be done by submitting the DIR-3 form online, accompanied by relevant documents.
What does MOA and AOA stand for?
MOA (Memorandum of Association) and AOA (Articles of Association) are the legal documents stating the company’s constitution and rules.
Is a Digital Signature Certificate (DSC) required?
Yes, a DSC is necessary for company registration and for submitting documents online. It guarantees the originality of documents submitted in electronic form.
