Starting Strong: A Checklist for New Company Formation

Launching a new company in India is an exciting but intricate process. It begins with a clear business idea and legal structure determination – Sole Proprietorship, Partnership, LLP, or Private Limited Company. Each has its benefits and compliances.

Obtain a Director Identification Number (DIN) and a Digital Signature Certificate (DSC) for the directors. Choose a unique company name and get it approved by the Ministry of Corporate Affairs (MCA).

File the Incorporation application (SPICe form) with the Registrar of Companies (RoC), along with necessary documents including the Memorandum of Association (MoA) and Articles of Association (AoA).

Upon approval, obtain the Certificate of Incorporation, PAN, and TAN. Registering for GST is the next step if your turnover exceeds the threshold limit. Open a company bank account and understand the statutory compliances like accounting, audits, and annual filings. This checklist is a roadmap to set your company on a path of structured growth and compliance in the dynamic Indian business environment.

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