The Companies Act of 1956 laid down the
rules for the establishment of both public and private companies. The limited
company is the most commonly used form in India. By registering the articles of association and
memorandum with the state registrar of companies of the state, a company is
formed .the state registrar of companies of the state, where the main office of
the company is located is approached.
The approval of the name of the company
is the first step in formation of the company .This approval of the name has to
be done by registrar of companies in the state or union territory, in which the
company will have its registered office. This approval is done if there is no
company in the same name. The last name of the company has to add private
limited or public limited depending on the public or private sector nature of
the company. The owner of the company should mention at least four names for
the company in order of preference. Then the registrar of companies informs the
applicant within few days, whether the name proposed by the owner for his or
her company is already registered or not.
If a name has been approved, then within
six months the memorandum of association and articles of association with
necessary documents should be filled. If one is not able to do so then
application for renewal of name with some fee has to be submitted.
The Memorandum of Association and
Articles of Association Firm registration services in
Gurgaon is the most important document submitted to the registrar of
company for incorporating a company. It shows the constitution of the company,
its objectives plus the definition of
company’s relation with outside world. This article of association also
has the rules and regulation for management of company’s internal affairs. The memorandum has objectives of the company
and articles contain the rules and regulations by which the said company will
achieve those objectives. The certificate of incorporation of the company is
issues after accepting registration fee and required documents. The
registration fee depends on the scaled capital of the company as stated in the
memorandum.
The miscellaneous documents which are
required with the memorandum of association and articles of association
include: declaration of compliance,
notice of the situation of the registered office of the company ,particular of
directors or manager or secretary ,authority execution in favor of any
person to submit the documents and make
correction ,if any , and letter of
registrar of company , indicating the approval of the name for company .
For income tax a company Company
registration consultant in Gurgaon must obtain a tax identification
card and PAN number from the Revenue Department. If necessary the business must also obtain a
Tax Deduction Account Number (TAN). The
PAN and TAN are indicated on all documents filed with the revenue department. Company
registration services provide can ease the process of registration.
