Online Company Registration – All about MCA Company Check

Online Company Registration starts with selecting a favourable business structure. The right business structure will allow your business to operate efficiently and meet your required business goals. Every business must register itself as part of the mandatory legal compliance. There are different types of business structures to start your own business.

The Ministry of corporate affairs (MCA) has introduced a new form known as SPICe+. It stands for Simplified Performa for incorporating the company electronically plus. The new version is introduced under the ease of doing business initiative, which shall replace the existing SPICe form. It will be a more effective, efficient, and time-saving process.

How to Choose a Business Structure While Applying for Online Company Registration?

These are the factors that must be considered to make an informed decision by anyone who wants to register a company in India.

1. How many directors/partners does a company have?

You can choose OPC if there is a single person who owns the business. When you have two or more owners you can form an LLP or a Private Limited company.

2. What is the amount of initial investment you have?

If you want to spend less initially, the Sole proprietor, HUF, or Partnership firm will suit you the best. When you are sure that you will earn in long run then you can go for Online company registration in India for OPC or Private Ltd co.

3. Who will bear the liability of the business?

Businesses like sole proprietorship and partnership firms have unlimited liability. On the other hand, LLPs and Companies fulfill a limited liability.

4. What are the tax Rates applicable to businesses?

The income tax rates applicable to sole proprietors and HUF are normal slab rates. In the case of companies and LLPs, a tax rate of 30% is applicable.

5. How do you get money from investors?

It is difficult to get money for unregistered businesses. Entities like Private limited companies and LLPs are trusted more as compared to other business structures. Company registration online in India is a simple process to incorporate a company.

What are the Types of Online Company Registration in India?

One Person Company (OPC) - OPC is introduced in the year 2013, an OPC is the best way to start a company where there is only one member of a company.

Limited Liability Partnership (LLP) - An LLP is a separate legal entity where the partner’s liability is limited to their contribution.

Private Limited Company (PLC) – This type of company offers limited liability for its shareholders with certain restrictions. It is required to have not less than two directors.

Public Limited Company – A Public company offers its shares to the public. It is required to have not less than three directors.

What are the Steps in Online Company Registration?

The steps involved in company registration online in India are as follows:

A. Applying for Digital Signature (DSC) and obtaining Director Identification Number for Director (DIN)

B. Name the reservation of the company

The Unique company name must be reserved with the RUN services under the company registration online facility provided by the MCA website.

C. SPICe+ Form-

The form is divided into two parts:

• Part- A: Name application
• Part- B: The applicant must provide company registration details in Part- B of the SPICe+ form.

Once Part A is approved, the details automatically get pre-filled in Part- B in all linked forms such as AGILE-PRO, SPICe+ MOA, SPICe+ AOA, and INC-9.

D. Mandatory Attachments with documents required for Online Company Registration:

• Directors' and Subscribers' KYC documents such as Aadhar cards, PAN cards, Proof of address, passport size photo, etc.
• Director consent in form DIR-2
• Registered address proof. E.g., Rent agreement or NOC.

E. Approval

Once the Company registration is completed through the SPICe+ form, a Certificate of Incorporation is issued along with the PAN of the company.

Let’s discuss the minimum requirement for One Person Company Registration

One Person Company is introduced by the Companies Act, 2013 to support new entrepreneurs who are capable of raising their businesses. The minimum requirements for registration of OPC are as follows:

1. Unique Name

2. No minimum capital requirement

3. A nominee of the member shall be appointed at the time of incorporation

4. Proof of Registered office for Online Company Registration

What is the List of Documents Required for OPC Registration?

The Incorporation of OPC needs to provide identity and residential proof. The one person company registration documents required to be submitted to the Registrar of Companies are:

1. Passport size photo

2. Copy of Aadhar card or Voter identity card

3. Copy of PAN card

4. Copy of Bank Passbook (not older than two months)

5. Residential proof which can be the latest utility bill or electricity bill

6. In the case of a rented office - A No objection certificate is submitted, which is signed by the owner of the office premises.

What is an MCA Company search?

Ministry of corporate affairs is an online portal containing the details of the Online Company Registration. The website allows you to company registration name check and company registration number check.

The online website of the MCA consists of all the company information for various stakeholders and the general public. The key objective of the website is to fully automate all processes related to the proactive enforcement and compliance of legal requirements.

How to Check Company Registration Number in India?

Any person can check company registration number online along with the date of incorporation, the authorized capital of the company, registered address details, and details of the directors of the company.

The documents required to register a company like balance sheets, annual filing documents, and other online company registration documents can also be downloaded by paying a minimal fee from the website.

The following steps for the company registration number check are given below:

Step 1: Go to the MCA website

Step 2: You shall click on the MCA services tab given on the screen, then select the ‘Company services’ and now click on the ‘Find CIN’ option.

Step 3: Select the option ‘Company’

Step 4: Select for company registration check India, the option of ‘Search based on Existing Company / LLP name

Step 5: The option ‘Search based on Existing Company / LLP name, then the next step is to select the option ‘Start with’, then enter the existing name of the company, and after that click on the ‘Search’ button.

Step 6: The CIN of the company will be shown on the webpage.

How to Check Company Registration Status?

The process to check company registration status is conducted on the MCA government portal with the help of the CIN i.e., Corporate Identification Number or Company name. There are three basic steps to check the online company registration given as follows:

1. Go to the MCA website

2. Go to the ‘MCA services’ tab. You will see a drop-down list. Click on ‘View Company/LLP Master data’.

3. Enter the Company’s CIN. Enter the Captcha code. Click on ‘Submit’. You can either search company registration number India by clicking the ‘Company/LLP Name’ field.

The web page will display the details as follows:

Closure Now....

Online Company Registration starts with selecting a favorable business structure. The selection of the right name for your business. It is a very important aspect in the long run. You can check the name availability on the MCA search. We have discussed the company registration information India in this article. The process of company registration online on the MCA portal and steps involved in company registration number check and status check.

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