New Company Registration
Company is an association of persons and forming a new company takes many process and legal ways by one. Therefore, after company formation and the next step is to get company registration as per the New Companies Act, 2013. Company registration is a process as one can apply online or directly with help of some legal professionals those are well qualified and well trained in company formation and registration. In India, one can form a private company or a public company as per the rules and regulations. A private company can be formed with minimum two persons as its shareholders and minimum one lac paid up capital with maximum numbers of shareholders are seven. A public limited company has minimum three shareholders with no limit for maximum numbers and one freely transfer shares and rights to another party. A public limited company can issue its shares in order to raise capital through Initial Public Offer (IPO) under the New Companies Act, 2013.
Procedure For Incorporate a Company
Company incorporation is a well defined process as per the New Companies Act, 2013. New company registration takes various layers and steps in order to get a company registration certificate. These days, online company registration has been extremely popular among all business entrepreneurs as it offers simple and easy process rather than traditional medium. As per the New Companies Act, 2013, Registrar of Companies (RoC) are appointed under the law in each and every state in order to verify and check all the possibilities relating new company registration after application. One should follow the company registration procedure vividly in order to get it registered. There are lots or legal firms and corporate professionals those are providing company registration services to many new age entrepreneurs across the world. As per the New Companies Act, 2013, one should apply to the Registrar of Companies with following important documents:
- Memorandum of Association (MoA)
- Articles of Association (AoA)
- Various other Documents in Form INC 7, DIR 12 & INC 22 as per the requirements of New Companies Act, 2013.