A foreign company can establish a business or make foreign investment in India by forming a company under the Companies Act, 2013 as a wholly-owned subsidiary, joint venture, or associate company, or by establishing a Liaison Office, Project Office, or Branch Office of the foreign company under the Foreign Exchange Management (Establishment in India of...Read More
Obtain DSC and DIN The First and the foremost step for all the Directors is to obtain DIN (Director Identification Number) and DSC (Digital Signature Certificate). Apply for a Name Approval Now, in the second step, the shareholders or the Directors are required to apply for a name approval by suggesting three names to the...Read More
Registration Procedure The first step begins with acquiring the Digital Signature Certificate of the applicants; after the DSC is obtained, the applicant should apply for the Director Identification Number. 2 Next, the applicant has to make an application to MCA for name approval. The names provided should be unique and should not go against any...Read More
Requirements for a Registered Office Proof of the registered place of business (Ownership documents/ rent or lease agreement) No Objection Certificate (signed by the owner/ landlord) Address proof of registered office Documents to be submitted by Directors and Shareholders Self-attested copy of PAN Card Self-attested copy of Driver’s License/ Voter ID/ Aadhaar Card/Passport Passport-size Photograph...Read More
A Minimum of 7 shareholders or members out of which three should be the designated directors A minimum equity share capital of Rs 5 lakhs with entire amount paid upfront No preference shares shall be issued DIN (Director Identification Number) for Directors is required The goal of the company should be cultivating the habit of...Read More
A Nidhi Company is a type of Non-Banking Financial Corporation (NBFC) which is regulated and governed by the provisions of the Companies Act, 2013. Significant difference of this business model from other companies is that it deals only with deposits from and loans to its members (shareholders). The deposits by the members are used to...Read More
