Starting a business in India is quite easy with new regulations passed by the Government of Sweden. However, you still have to follow a strict process to register your business. Thanks to some people companies offering online registration services, you can easily complete your company registration process without much hassle.
While planning to register a business, it is always a better idea to rent a reputed registration company. These companies have seasoned experts that can do your task quickly and without any trouble. However, you must know the entire process of company registration. Below is the method followed to register a home based business in India:
1. Select at least four unique names to make the company. Give your names priority according to selection. The LLP Registration Online in India entity will provide the name which is obtainable. The names you select must contain no less than two words, first describing your business name and second one describing the nature of your business.
2. Apply for the name selection with an e-Form 1A (General Rules and Forms) together with a fee of Rs. 500. If the applied name is available, it’ll registered for you. Inside the event of unavailability, you will need to apply for a different name.
3. Once common history is approved, you can apply for registration through e-Forms 1, 8 and 32. This has to be done within 6 months of name getting your name approved.
4. Prepare the Memorandum and Articles of Association your solicitors and get them stamped with suitable stamp duty. All of them signed by at the two subscribers.
5. Pay the registration fee and filing fee
6. Arrange the following documents:
Memorandum of Association and a duplicate duly stamped
Articles of Association and a duplicate duly stamped
original and a replica of the agreement between the partners (if any) describing their posts and responsibilities in the company
Power of Attorney (if any)
a copy of the letter regarding accessibility of the Registrar of Companies
E-Form no. 1, 18 and 32
receipts of payment of registration and filing fees
7. Obtain the certificate of incorporation to your Registrar of Companies. They’ll verify your documents and once verified, your organization will be incorporated. The date mentioned in the certificate are the date of your company registration.
8. Once it’s done, the company can start its business immediately under Section 149 (7).
Apparently, it is a complicated and long process where a small mistake may cost much of money and time. Due to this reason, most of the people consider hiring companies’ house corporations. These companies have great skills and experience in doing such tasks, uncovered the right teams to execute each task. Therefore, the process becomes simpler, takes lesser time and lesser campaigns. Look around you and look for a registration company to get those company incorporated quickly.