In this article I write about the detail procedure follow for the registration of a new company business. Many people want to start a business but not available of information they run business as unregistered or small scale.
Introduction
In this world, peoples are different kind, type and nature. Many people believe in do the jobs and do the business. Those people who are do the jobs are limited resources and limited fixed earnings but on the other side those who are start their business they have different resources and unlimited earnings.
First of all for start a new business or company a unique idea is in mind of starter. Then after an idea which type of business should start retail, service, manufacturing etc, depend on idea. You can start business or company as a sole- proprietorship, partnership or as private company.
Sole- Proprietorship
As the term “Sole- proprietor” itself refer it’s one who run its business individual, there are no other members registered. On the other hand the children of sole proprietor are included in Indian proprietorship act1908. For the registration of proprietorship firm following document are required:-
1. At least two photograph of the proprietor.
2. They have ID proofs like Voter ID, Driving License, Passport, and UID.
3. For address proof of office premises attach electricity bill or water bill.
4. Take NOC from landlord of the premises.
5. Nature of business and firm name also mentioned.
Partnership Firms
In India we can register our partnership firm under Indian partnership act 1932. In the partnership minimum of 2 partners can start their business and the maximum limit up to 20 partners except in banking sector. The maximum limit of partners in banking sector is 10 only. For the registration of partnership firm following documents are required:-
1. All the partners have ID proof as Voter ID, Driving License, Passport, and UID.
2. Prepared a partnership deed of partners share in firm from lawyer.
3. From the proof of office address show the electricity bill and water bill.
4. Take the NOC from the landlord of office premises.
5. Take the decision of all partners on name of company and natures of business.
Private Limited Company or Firms
For registration of firm and company in India under Company act 1956. In company, minimum numbers of members is 2 and the maximum limit up to 50. The company is run by the managing directors/ directors of the company.
For the formation of a new company we follow the below mentioned procedure:-
1. DIN (Directors Identification Number) :- First of all member who are participate as directors or managing directors , they first apply for DIN number under section 266A to 266G of company act 2006. If any member has already DIN no. allotted he should not need to apply again.
2. Availability of Name of Company: This is most important step of the company to select an appropriate name. For the availability of company name is fill the Form 1A, provide the details like theme of company, nature etc.
3. Digital Signature of Directors: For the authentications of e-form this is necessary of approval through the digital signatures of the directors on the form.
4. Required Forms: After approval of the name of a company in form 1A, we should file different form like:-
E-form 1: It’s a form of availability or change name of company. It required the details of directors like DIN No., residential address, occupation etc.
E-form 18:- This form is filled for the situation or change of situation of registered office.
E-form 32: Form 32 is filled for the details of the directors/ managing directors, shareholder and the number of the members are appointment.
5. Create the Memorandum of Association (MOA) and Article of Association (AOA).In MOA provide the detail of company:-
a) Name of Company.
b) Registered office of company.
c) Objectives of company
d) Liability of members
e) Authorised Share capital.
6. Received the Certification of Incorporation Number (CIN) from registrar of company.
7. Apply for the PAN number and TAN number of company.
8. For the financial year the company is made file the following details to registrar of company (ROC):-
a) Notice
b) Annual General Meeting (AGM)
c) Board of Meeting
d) After that, fill the forms of Annual return of company:-
i. E-forms 20B:- Filing annual return by a company having a share capital with the Registrar.
ii. E-forms 23AC:- Filing balance sheet and other documents with the Registrar.
iii. E-forms 23ACA:- Filing Profit and Loss account and other documents with the Registrar.
No comments:
Post a Comment