The incorporation of Companies in India or any foreign companies is regulated by the Companies Act,2013 and gets its approval from CRC, Manesar.
The whole process of Company registration can be divided into four steps:
Application for Digital Signature Certificate(DSC)
Application for the name availability
File Form Spice+ along with other forms such as E-MOA, E-AOA, AGILE.
Issued certificate of incorporation by ROC with PAN and TAN
Opening a current bank account on the company name and deposit the amount of capital subscribed
Registration of Company is beneficial as it becomes Legal Entity, has Perpetual Succession, Limited Liability, Can Sue or can Be Sued, and has its own Borrowing Capacity. Keeping in mind the benefits of company registration it is advisable to go with the company registration process.
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