Manish Marwah and Co provides services for the registration of private companies. We will guide you towards all the necessary steps for registering your private company.
Firstly, it is important to have a crux about the procedure that goes behind. Let us start from the basics.
Registering a private company is an important decision for any aspiring entrepreneur or business. It is the first formal step taken towards corporate compliance and allows the business to function legally and operate smoothly. Private Company Registration makes it easier for companies to obtain funding, expand their operations and access new opportunities. However, it is important to familiarize yourself with the legal requirements and processes of Private Company Registration so that you can navigate it confidently and successfully.
The first step Manish Marwah and Co helps you in Private Company Registration process is to choose a unique company name and register it with the Registrar of Companies in the respective State or Central Government. This must be done in accordance with the rules and regulations prescribed in the Companies Act 2013. After the name is approved by the Registrar, the next step is to create the Memorandum of Association (MOA) and Articles of Association (AoA). These documents must be drafted and signed by the directors of the company and submitted to the Registrar.
Once the documents are complete and submitted, the company must open a bank account in its own name. This is important for operational purposes, as well as for maintaining corporate compliance and filing taxes. After the bank account is opened, the company must obtain a Permanent Account Number (PAN) and TAN (Tax Deduction and Collection Account Number) from the Income Tax Department.
The final stage of the Private Company Registration process is to submit the Memorandum and Articles of Association along with the other necessary documents to the Registrar of Companies. After the registration is complete, the company will receive a certificate of incorporation and can officially commence business operations.
Private Company Registration is a crucial step in the process of starting a new business. Understanding the complexities and legal requirements of a business and provide with adequate solutions and strategies to cater to the problem.