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Guide to company registration

Guide to Company Registration Indian This guide describes the process involved and procedures for Company Registration Companiesinn com LLP This is a Private Document of CompaniesInn com LLP CIntroduction The ? Company ? form of organisation is the most common incorporated business structure in India Introduced during the British rule the ? company ? structure was retained even after India gained independence within a reworked legislative framework A ? Limited Company ? is a business organisation registered under company laws for doing business in a particular jurisdiction It is an association of real persons and or body corporate companies and LLPs registered under relevant laws It is one of the most accepted business organisations in India The company registration in India is regulated by the Companies Act and administered by the Ministry of Corporate A ?airs MCA - www mca gov in through o ?ces of the Registrar of Companies ROC in each state You can read more above Company Registration and FAQ from our website under the session ? Learning Centre ? Private Company Registration A ? Private Company ? is a limited company formed with minimum of members and Directors The maximum number of members in a private company is restricted to The name of the company should end with the words 'Private Limited' A ? Private Limited ? company is the most common incorporated business organisation in India It is generally called as a ? Private Company ? Overview - Private Company A ? Private Company ? is an incorporated business entity registered under the Companies Act with the following features and restrictions Minimum and maximum numbers of shareholders are and respectively Minimum paid-up capital should be Rs Minimum numbers of directors are Shares transfers can be restricted as per the articles of the company Private company cannot accept deposits from the public it can accept loans and deposits only from its shareholders directors and directors ? relatives C Private company cannot issue shares to the public Compliance and regulatory requirements under applicable company laws are fewer and simpler as compared to requirements prescribed for a public company The name of the company should end with ? Private Limited ? Private Company Registration Process in India Requirements Minimum Number of Directors and Shareholders For registering a private company a minimum of shareholders and directors are required Shareholders could be individuals companies or LLPs but only individuals can become directors of a company A director need not be a shareholder of the company and shareholders need not necessarily be directors as well Shareholders Members are the persons holding shares in a company Directors of company are responsible for the management of the company a ?airs and legal compliance under various laws Directors are normally appointed by shareholders Indian company laws specify that only an individual can be appointed as a director of a company Obtain a Director Identi ?cation Number DIN for all proposed directors The proposed director must have a DIN allotted by the Ministry of Corporate