How do I register my business?
Curious about Starting a Business
In India, businesses can be registered under the Ministry of Corporate Affairs (MCA) or as a sole proprietorship or partnership. The specific registration process will depend on the type of business structure chosen.
To register a business under the MCA, the following steps need to be taken:
1. Obtain a Director Identification Number (DIN) and Digital Signature Certificate (DSC)
2. Apply for a Company Name Reservation
3. File the Incorporation Documents with the Registrar of Companies (RoC)
4. Obtain a Certificate of Incorporation
To register a sole proprietorship, no formal registration is required. However, the proprietor must obtain any necessary licenses and permits to operate their business.
To register a partnership, the following steps need to be taken:
1. Choose a Partnership Name
2. Draft a Partnership Deed
3. Register the Partnership Deed with the Registrar of Firms
It is recommended that you consult a legal professional or a chartered accountant to ensure that you complete the registration process correctly and comply with all necessary regulations.