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The Easiest Way to Register a Company in India from the UK

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The Easiest Way to Register a Company in India from the
UK
India's broad market and developing economy draw in UK-based business owners wishing to
grow their companies. However, registering a business in India means negotiating several legal,
administrative, and regulatory hurdles. Even though this could appear intimidating, the process
can be made easier by knowing how to do things and using the proper tools. The simplest
method to register a Company in India from the UK is described in this article, together with
the advantages of dealing with a Chartered Accountant (CA) firm.
Understanding the Types of Companies
Selecting the appropriate kind of company structure that fits your business objectives is
essential before starting the registration procedure. Indian corporations are mostly of the
following types:
1. Private Limited Company (Pvt Ltd): Perfect for small to medium-sized companies,
private limited companies (Pvt Ltd) offer restricted liability and the capacity to raise
equity capital.
2. Public Limited Company (Ltd): Larger companies who intend to seek money from the
public may find a public limited company (Ltd) suitable.
3. Limited Liability Partnership (LLP): Suitable for professional services companies, a
limited liability partnership (LLP) combines the advantages of a partnership with a
company.
4. Branch Office: For foreign businesses wishing to have a presence in India without
forming a separate legal company, see Branch Office.
5. Wholly Owned Subsidiary: A corporation in which 100% of the share capital is owned by
a foreign company is known as an owned subsidiary.
Steps to Register a Company in India
1. Digital Signature Certificate (DSC)
Requirement: Needed to file electronic documents with the Ministry of Corporate Affairs (MCA)
are directors and authorized signatories holding a Digital Signature Certificate (DSC).
Process:
● Have a DSC issued from an Indian-recognized agency.
● Send in passport-sized pictures together with documentation of your identification and
address.
● Do the online verification process.
2. Director Identification Number (DIN)
Requirement: Every director has to have a DIN.
Process:
● Utilizing the MCA website, apply for DIN.
● Give identification and personal information.
● Form DIR-3 can be filed independently or with the incorporation form.
3. Name Reservation
Requirement: The MCA has defined naming standards, and the suggested business name must
be original.
Process:
● Check name availability on the MCA website by using the RUN (Reserve Unique Name)
function.
● Send in your name reservation application.
● A name is reserved for 20 days after approval.
4. Drafting Incorporation Documents
Requirement: Get ready the Memorandum of Association (MOA) and Articles of Association
(AOA), which are required incorporation documents.
Process:
● Write the AOA and MOA, which describe the goals, organization, and governance of the
business.
● Verify if these records adhere to the 2013 Companies Act.
5. Filing Incorporation Forms
Requirement: Need to provide the MCA with the incorporation forms and supporting paperwork.
Process:
● To integrate several services including DIN allotment, name reservation, and
incorporation, use the SPICe+ (Simplified Proforma for Incorporating Company
Electronically) form.
● Attach the director identification and address proofs, MOA, AOA, and evidence of
registered office address.
● Cover the necessary cost online.
6. Certificate of Incorporation
Outcome: An issued Certificate of Incorporation (COI) is granted once the MCA confirms the
submitted documentation.
Process:
● The COI is unquestionably proof that the firm was founded.
● Included is the company-specific Corporate Identity Number (CIN).
Benefits of Engaging a CA Firm
Managing the international company registration procedure might be difficult. Working with an
Indian chartered accounting firm has several advantages:
Expertise and Experience
Indian corporate rules and regulations are well-known to CA firms. They make sure you follow
the law at every stage of the incorporation procedure.
Streamlined Process
CA firms can speed up the registration procedure with their experience, reducing delays
brought on by mistakes or omissions. You save time and effort since they efficiently manage all
paperwork and filings.
Regulatory Compliance
Compliance with the Companies Act, statutory filings, and tax registrations (such as PAN and
GST) are just a few of the legal obligations that CA firms guarantee your business meets.
Financial Advisory
Apart from the incorporation, CA firms provide useful financial advising services such as tax
optimization techniques, financial planning, and accounting system setup.
Local Representation
Managing administrative chores and communicating with Indian officials can be made much
easier with a local correspondent. Your local representative might be CA businesses, handling
any problems that crop up both during and after the incorporation procedure.
Conclusion
It takes several steps and meticulous planning to register a company in India from the UK using
legal criteria. UK businesspeople can streamline this procedure and gain a solid footing in the
Indian market by knowing the essential procedures and using the experience of a CA firm. A CA
firm like VJM Global can offer complete assistance, easing the process and ensuring compliance
from acquiring required certificates to completing incorporation paperwork and guaranteeing
compliance. With the proper direction, you may boldly enter one of the most dynamic
economies in the world with your company.
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