Small Business Registration

All You Need To Know About 5 Basic Steps To Register Your Small Business In Kolkata

Online Legal India LogoBy Online Legal India Published On 10 May 2022 Updated On 25 Nov 2022 Category Company Registration

Business registration is one of the most essential steps, and it has enormous opportunities and is necessary. It helps you to exert business impact. In terms of succeeding against your competitors and setting prominence in the enterprise, registering a small business is an essential move. It is more useful to companies than other customary setups. It is important for the evolution of a brand name even though every business requires to have a brand name today, so small business registration is vital for the invention of a brand name. Since a company's brand essence is one of its most cherished possessions, you must first register your business.

 

Steps to register your small business online

  • Open A Bank Account

This is not a registration stage but it is essential to divide your private money and your business finances. This will allow you to calculate the available accounts of the business as well as the money gathered and disbursed by the business. This will stop the risk of you expending the business’s funds on personal investments or vice versa.

 

  • Get your Digital Signature Certificate

As the registration process of a business is totally online, Digital signatures certificates are needed to file the records on the MCA portal. Digital Signature Certificate is mandatory for all the proposed directors and the readers of the Memorandum of Association (MOA) and Articles of Association (AOA).

Digital Signature Certificate can be obtained from administration recognised certifying officials. 

 

  • Credential of Incorporation

Once the registration application is done and submitted along with the required documents, the Registrar of Companies (ROC) will scrutinise the application. Upon validation of the application, he will allocate the Certificate of Incorporation of the business.

The Certificate of Incorporation is issued with PAN and TAN as allocated by the Income Tax Department. The manual resemblance with a Certificate of Incorporation as an attachment along with PAN and TAN will also be sent to the applicant.

 

  • Directors Identification Number

The Director Identification Number (DIN) is an identification number for a director and it has to be obtained by any person who wants to be a director in a business. The directors' identification number of all the proposed directors of a small business along with the name and the address proof are to be provided in the business registration form. It can be acquired while filing the SPICe+ form.  

SPICe+ is a web-based business registration document, through which the directors’ identification number can be obtained for a maximum of 3 directors. If there are more directors in the business and they do not have a directors’ identification number, the business can be merged with three directors and it has to pick new directors after incorporation. The elected directors can obtain the identification number by filing the DIR-3 form since only the proposed directors of a small business can apply for the DIR-3 form.

 

  • Registration on the MCA Portal

To apply for the business registration, the SPICe+ form is to be served out and presented on the MCA portal. To serve out the SPICe+ form and affix the records, the director of the business has to register on the MCA portal. After registration, he/she can log in and will obtain entry to the MCA portal services which include filing e-forms and considering public records.

 

Online Legal India assists you throughout the procedure of small business registration connected issues and even delivers you with the service of online company registration in Kolkata for your convenience. The CA/CS experts are there to help you out with your business registration troubles at nominal costs.

 

You can instantly talk to the legal experts through our website by serving out a brief application form and upon acquiring your data, our team will connect with you briefly. They will review your problem and will lead you through the entire procedure of online business registration. Online Legal India is there with you to support you on every occasion.


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