Software Company Registration Process in Bangalore

Company Registration Process

Prime Minister Narendra Modi has initiated to make India a leading manufacturing hub and for fostering economic growth by the creation of million jobs by developing several programs such as make in India, Digital India, and Skill India.

Currently registering any business structure in India is comparatively easier, including company registration as the government has simplified the online registration process through MCA. Software Company can be registered through MCA just like any other form of company provided the entrepreneur has decided which type of company it wishes to register such as private, public, or OPC.

The decision relating to the selection of the category of a company depends upon the nature of control, level of compliance, directors and shareholders availability, etc. that vary as per the company. If you are planning to register its Software Company in India, this article has got useful information for you.

Legal Requirement to start Software Company

Following are the pre-requisite of starting Software Company in India:

• A brief description of the business shall be jotted down beforehand. A description such as product type, field, target, type of technology, the process of software development, selected market for the supply of software, etc. 
• The next step is to decide the kind of Software Company it willing to register, such as Private Company, Public Company or One Person Company. The main factor governing this decision is the size of the company required, target market to be served, risk level, and last but not the least its budget. 
• Select the region where the registered office has to be situated and the prevailing law that governs the company registration and its compliance. 
• Register the software company with ROC through the online registration process by filing SPICe forms. 
• A key requirement for any company registration is its objects with which the company is registered. In the case of Software Company Registration, related objects shall be incorporated in MOA. 
• Also, a software company, after getting a certificate of incorporation, can get itself registered Software Technology Parks India that may help in getting several legal benefits such as tax breaks.
  
  

  

  Company Registration Online Process

Registration Process of a Company Registration

Whether be it Private/Public/OPC, following are the registration steps for incorporating the company in India:

• Obtain DSC of directors and shareholders which will be required for affixing in Company Incorporation Application forms. 
• Apply for name approval online by filing RUN by paying fees of INR 1000. Up to two names can be applied in a single form 
• Once the ROC approves the name, the applicant can proceed to file incorporation forms which can be downloaded from MCA online.    
• Complete the form and attach all necessary documents as an attachment to the form and submit it online by paying government fees. 
• ROC upon the receipt of the application shall verify the same and will issue COI that contains the details such as CIN number, name and registration date of such company.

Documents Required for Company Registration

Following is the list of mandatory documents required to be annexed with SPICe form:

• Identity proof of all directors and shareholders 
• PAN of all subscribers and directors 
• Declaration in form INC-9 by directors 
• If the proposed directors are already appointed in any company, a declaration in form interest in other entity shall be given 
• Address proof of the registered office 
• Address proof of directors and shareholders.

Winding up the Article

Contact us to get complete service related to Company Registration of any form, size, and nature or get a registration certificate of any legal structure. Our team also provides guidance related to services such as compliance and mandatory return filing.