Education

How to Register a Company

 

Introduction

Starting a business involves several steps. Among them, registering your company is crucial. Whether you are aiming for a profit-oriented enterprise or a non-profit organization, understanding the process is essential. Here, I’ll guide you through the steps to register a company, focusing on the registration of a Section 8 company. With the expertise of Deeksha Khurana, associated with Taxlegit, the process becomes smoother and hassle-free.

Steps to Register a Section 8 Company

1. Obtain Digital Signature Certificate (DSC)

The first step is to acquire a Digital Signature Certificate (DSC). The DSC is necessary for signing electronic documents. This ensures the authenticity of the documents you submit.

2. Apply for Director Identification Number (DIN)

Every director of the company must have a Director Identification Number (DIN). You can apply for DIN online. Submit the necessary documents like identity proof and address proof.

3. Name Approval

Choosing a unique name for your company is vital. The name should not be similar to any existing company or trademark. You can apply for name approval through the Ministry of Corporate Affairs (MCA) portal.

4. Drafting Memorandum and Articles of Association

The Memorandum of Association (MOA) and Articles of Association (AOA) are key documents. They define the company’s objectives and the rules for its operations. These documents must be drafted carefully.

5. Filing Forms with the Registrar of Companies (ROC)

Submit the necessary forms along with the MOA and AOA to the Registrar of Companies (ROC). The forms include INC-12 for obtaining the license under Section 8. Attach all required documents.

6. Issue of License

Once the ROC verifies your documents, they will issue a license. This license certifies that your company is registered under Section 8. This allows you to function as a non-profit organization.

Additional Registrations

ISO Certification in India

ISO certification boosts your company’s credibility. It shows that your company meets international standards. To obtain ISO certification in India, you must:

  1. Choose the type of ISO certification required.
  2. Create an application.
  3. Review your quality management system.
  4. Conduct an internal audit.
  5. Apply for certification and undergo an external audit.

ISO certification benefits include enhanced customer satisfaction, improved product quality, and operational efficiency.

MSME Registration

Micro, Small, and Medium Enterprises (MSME) registration provides several benefits, such as easier access to loans and subsidies. To register under MSME:

  1. Visit the Udyam Registration portal.
  2. Enter your Aadhar number and PAN.
  3. Fill in business details.
  4. Submit the form to receive the registration certificate.

MSME registration is crucial for availing various government schemes and incentives.

Benefits of Section 8 Company Registration

Section 8 companies enjoy several benefits:

  • Exemption from paying income tax.
  • Easy transfer of ownership.
  • No minimum share capital required.
  • Numerous grants and subsidies from the government.
  • Credibility and trust among donors and stakeholders.

Why Choose Deeksha Khurana from Taxlegit?

Navigating through legal procedures can be challenging. Deeksha Khurana from Taxlegit makes the process seamless. With her expertise, you receive:

  • Comprehensive guidance on Section 8 company registration.
  • Assistance with ISO certification in India.
  • Support for MSME registration.
  • End-to-end support throughout the registration process.

With Deeksha Khurana’s assistance, ensure your company registration is done correctly and efficiently. Leverage her experience to avoid common pitfalls and streamline your business setup.

Registering a company might seem daunting, but with the right guidance, it becomes manageable. Follow these steps, and your dream of starting a company can become a reality. Reach out to Taxlegit and let Deeksha Khurana simplify the registration process for you.