COMPANY REGISTRATION IN INDIA

COMPANY REGISTRATION IN INDIA

Company registration in India is regulated by the Companies Act, 2013, and administered by the Ministry of Corporate Affairs (MCA - www.mca.gov.in) and is processed at the Central Registration Centre (CRC).

COMPANY REGISTRATION IN INDIA

The “Company” form of organization is the most common incorporated business structure in India. Introduced during the British rule, the ‘company’ structure was retained once India gained independence, within a reworked legislative framework.
At present, company registration in India is regulated by the Companies Act, 1956, and administered by the Ministry of Corporate Affairs (MCA - www.mca.gov.in) through offices of the Registrar of Companies (ROC) in each State.

Until 2006, registering a company meant filing physical documents with the Registrar of Companies in each State. The introduction of an e-governance initiative MCA21’ in 2006 by the Ministry of Corporate Affairs, transformed the processes of company incorporation and regulatory compliance filing from the cumbersome physical filing procedure to electronic filing authenticated with a Digital Signature Certificate.

CENTRAL REGISTRATION CENTER (CRC)

Today, company registration and other regulatory filings are paperless; documents are filed electronically through the MCA website (www.mca.gov.in) and is processed at the Central Registration Centre (CRC).

Company Registration process in India is completely online. Upon completing all registration formalities, the Registrar of Companies’ issues a digitally signed Certificate of Incorporation (COI). Electronic certificates issued by the ministry can be verified by all stakeholders on the MCA website itself.

Incorporating a company is a systematic process of collection and submission of details required as per the requirements of Companies Act 2013 and as per the process defined by the Ministry of Corporate Affairs from time to time. Management of the process requires in-depth knowledge of legal requirements and not to mention, practical experience of the same.


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