Friday, 10 February 2012

Registration and Incorporation of Companies

The following are the steps involved for registration and incorporation of the company:
1. Ascertaining the availability of name for the company
This involves adopting a suitable name. The name would be used to identify the company. The name of a company would end with 'Limited' in case of Public company and 'Private Limited' in case of Private companies.

2. Drafting Memorandum of Association and Articles of Association
MOA and AOA are the two important documents that must be prepared by the promoters and filed with the ROC ( Registrar of the Companies )

i. Memorandum of Association
MOA contains the constitution of a company. It defines the area within which the company can operate, the objects for which the company has been formed and also the business that the company would undertake.

ii. Articles of Association
Another important document to be filed with the Registrar of Companies for company registration is the AOA which contains the regulations relating to the internal management of a company.

3. Approval of MOA and AOA
Before the documents get printed, the ROC ( Registrar of the Companies ) would need to approve both the documents.

4. Other documents to be filed with ROC
e-form no 32: Consent of Directors
e-form no 18: Notice of registered address
e-form no 32: Particulars of Directors

5. Payment of Registration fees

6. Certificate of Incorporation
If the Registrar is satisfied that all the requirements have been complied with, he will register the company and issue the certificate of incorporation.

For more information on company registration procedures or for registering company, visit http://www.companiesinn.com

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