Ideal for solo entrepreneurs, provides limited liability protection.
Company Registration Process
1. Choose a Business Name: Ensure the name is unique, memorable, and complies with government regulations.
2. Obtain Director Identification Number (DIN): Required for all directors of the company.
3. Obtain Digital Signature Certificate (DSC): Required for filing company registration documents electronically.
4. Prepare Memorandum of Association (MOA) and Articles of Association (AOA): Define the company's purpose, structure, and rules.
5. File Company Registration Documents: Submit MOA, AOA, and other required documents to the Registrar of Companies (ROC)
6. Pay Registration Fees: Pay the required fees for company registration.
7. Obtain Certificate of Incorporation: Receive the certificate, which confirms the company's registration.