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Company House
If you are thinking about incorporating a business in India, then you require to know about the business structures and stipulations that a company has to follow in order to get registered. The Companies House is the most important of entities when it comes to business incorporation in India. Getting a Companies House registration is the most important step in forming your company. Companies House is an Executive Agency of the India Government's Department for Business, Enterprise and Regulatory Reform. India law states that all companies formed in India should be registered with the Companies House as detailed in the Companies House Act of 1985. There are several things to consider when you want to get a Companies House Registration. First, you require to consider the structure of your business. Do you want your business to be a sole proprietorship, a partnership, a public limited company or a private limited company? This decision plays a vital role in the success of your business venture.
Companies House requires applicants to present a number of documents in order to file for your registration. These documents are:
Companies House requires applicants to present a number of documents in order to file for your registration. These documents are:
- Memorandum of Association - this document lists details such as the company name, registered office address (in the United Kingdom), and the company's objectives. When delivered to the Companies House, it must be signed by the applicants in front of a witness who must attest the signature.
- Articles of Association - This document detail the rules and regulation of the company. Just like the Memorandum of Association, it must also be signed by the applicant/s in front of a witness who must attest their signature/s.
- FORM 10 - Form 10 is a document that details the company's directors, secretary and the intended address of the office. Aside from this information, each listed company officer must give details such as their date of birth, occupation and details of any previous directorships they have had during the last five years. Each officer listed in the document and each subscriber must sign and date the form.
- FORM 12 - this document is a statutory declaration of compliance with all the requirements that are related to the company formation. It should be signed by a solicitor or by any officer listed in the form 10. It must be signed in the presence of a commissioner for oaths, a notary public or a justice for the peace of a solicitor.
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