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Top 10 points to open a company in India
Hemlata Khandelwal / 2021-03-04 07:38:55

Most people today dream of opening their own company but only a few can succeed in it. However, the reason behind this is not that opening a company and becoming a boss is quite trivial, but the reason is that people do not know about its basic rules and procedures. Because of which their dream of doing business and growing remains incomplete. In such a situation, if you also want to open your company, then know the whole process of it.

Here are the Top 10 important points to start a company in india

  1. Registration:
  2. Attractive Name:
  3. Two shareholders:
  4. 18 years old:
  5. Selection of place:
  6. Important Documents:
  7. Basic :
  8. Standard fast track:
  9. Premium-
  10. Keep secure documents:
Know in the details about Top 10 important points to start a company in india
 
1- Registration:
First of all, the registration process has to be completed. Nowadays, the process of Company Registration in India has become much easier by going online, but it still takes two weeks to register for a private limited company. The company registration form can be submitted both online and offline.
 
2- Attractive Name:
The most important thing is that the name of the company should be attractive. Also, the relevant documents should be submitted as soon as the company registration process starts, so that the company does not take much time to get registered. To open a company, at least two and not more than 15 members should be involved in it.
 
3- Two shareholders:
Private limited must have at least two directors and at least 15 directors and at least 2 shareholders. Apart from this, 200 shareholders can also be placed after the permission of the Ministry of Corporate Affairs (MCA).
 
4- 18 years old:
To become a director of a private limited company, the applicant's age should not be less than 18 years. An ordinary person can also become a director due to a lack of degree vacancy. The most important thing is that a foreign national can also become a director of a private limited company.
 
5- Selection of place:
To start a company, the government must give at least 1 lakh rupees as a fee. Also, a place is needed to start a company from where the company operates. This place can also be inside commercial, industrial and residential areas.
 
6- Important Documents:
Identification cards, PAN cards, Address proof, Identity cards, Voter ID, etc. are necessary while registering the company. 
To register a company, first of all, you need to file Form INC-29 along with the required document and submit it to the office of the Registrar of Companies.
 
7- Basic :
Fees packages have also been made for registering a fast track company, the first package of which is basic fast track. It also includes all the necessary fees. It also includes 2 DSC, 2DIN, MOA, AOA, acceptance of name, PAN, TAN, and government fees.
 
8- Standard fast track:
The standard fast track package includes accounting software setup, share certificate, and company folder, etc. After this, you can talk to a business consultant yourself and start the registration work of your company.
 
9- Premium-
Fast Track Package is made and it includes accounting software, share certificates, company folders, and trademark registrations.
 
10- Keep secure documents:
After opening a new company, contact the registration office from time to time for about 1 year. During this time, any new changes will be known. Apart from this, keep all the necessary documents of your recruitments and products, etc. safe.
 
These all are the important points to start a company.

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