Procedure

When setting up a company in India, the Companies Act of 2013 is the key law guiding the process. This law outlines the rules for both public and private companies.

1. Getting Your Director Identification Number (DIN)

To become a director of a company, you need a Director Identification Number (DIN). We help you apply for this online using Form DIR-3. Once submitted, you’ll receive a provisional DIN.

2. Acquiring a Digital Signature Certificate (DSC)

A Digital Signature Certificate (DSC) is necessary for online transactions and document submissions. We can assist you in obtaining a DSC quickly. You’ll need to submit an application and fee to vendors like TCS or Satyam. Typically, DSCs are issued within 1-2 days.

3. Getting Your Company Name Approved

The next step is getting your company name approved. We’ll file Form INC-1 with the Registrar of Companies (ROC) online, using the digital signature of one of your proposed directors. The ROC will review your applica

4. Registering Your Company

Once your name is approved, you need to complete the registration process. We will guide you through submitting the following documents to the ROC:

• Memorandum of Association (MOA): This document outlines the company’s objectives.
• Articles of Association (AOA): This document sets the rules for running the company.
• Declaration in Form INC-8: This is a statement by a qualified individual (like a director or lawyer) confirming that all legal requirements have been met.
• List of Directors: Information about the people who will be directors of your company.
• Form DIR-12: Consent and details of all directors, managing directors, managers, and secretaries.
• Form INC-22: Information about your company’s registered office.
• Power of Attorney: Authorization for someone to handle the documents on your behalf.
• Registration Fee: The applicable fee for registering with the ROC.

When setting up a company, several challenges can arise, each potentially causing delays or complications. Understanding these common issues and how to address them can make the process smoother. Here’s how we help you overcome these obstacles:

1. Name Approval Delays

One of the first hurdles in company registration is getting the company name approved. Sometimes, the chosen name may be rejected due to similarities with existing companies or non-compliance with naming rules.

Our Solution:

• We conduct thorough research to ensure your proposed name complies with all regulations and stands out from existing names.
• We offer alternative name suggestions if your initial choice is rejected, ensuring quick re-submission.

2. Obtaining Digital Signature Certificates (DSC)

The Digital Signature Certificate is crucial for online submissions, but the process of obtaining it can be confusing and time-consuming.

Our Solution:

• We guide you through the DSC application process, from choosing the right vendor to submitting required documents.
• We handle the application and follow up to ensure you receive your DSC swiftly, usually within 1-2 days.

3. Director Identification Number (DIN) Issues

Applying for a Director Identification Number (DIN) can be problematic, especially if the application is incomplete or contains errors.

Our Solution:

• We assist with the complete and accurate filling of Form DIR-3 for DIN application.

We monitor the progress of your application to prevent any delays and ensure you receive your DIN without issues.

4. Document Preparation and Compliance

Preparing the necessary documents, such as the Memorandum of Association (MOA) and Articles of Association (AOA), can be complex. Ensuring these documents meet all legal requirements is essential for successful registration.

Our Solution:

• Our team helps draft and review the MOA and AOA, ensuring they comply with the Companies Act, 2013.
• We assist in obtaining the required signatures and stamps, reducing the risk of document rejection.

5. Completing Regulatory Forms

Filing various forms, such as Form INC-8 and Form DIR-12, can be daunting, especially if you’re unfamiliar with the specific requirements.

Our Solution:

• We guide you through the completion of all necessary forms, ensuring accuracy and compliance with regulatory standards.
• We handle the submission of forms to the Registrar of Companies (ROC) and address any issues that arise during the process.

6. Power of Attorney (POA) Complications

Providing a Power of Attorney (POA) can be confusing, especially if you’re not familiar with the legal requirements or processes involved.

Our Solution:

• We assist in drafting and executing the POA, ensuring it meets legal standards and authorizes the correct individuals.
• We manage the submission of the POA to the ROC, ensuring a smooth registration process.

7. Managing Foreign Investment Approvals

For companies involving foreign investors, navigating the approval process with the Reserve Bank of India (RBI) or Foreign Investment Promotion Board (FIPB) can be challenging.

Our Solution:

• We provide guidance on the necessary approvals and notifications required for foreign investments.
• We handle communication with the RBI or FIPB to ensure compliance and timely processing of approvals.

At every stage of the company registration process, our role is to simplify and streamline your experience. Here’s how we support you:

• Expert Guidance:
  We provide expert advice on all aspects of company registration, helping you understand the requirements and processes involved.
• Document Handling:
  We manage the preparation, submission, and follow-up of all necessary documents, ensuring compliance with legal requirements.
• Timely Updates:
  We keep you informed about the status of your application and any required actions, ensuring that there are no unexpected delays.
• Problem Resolution:
  If issues arise during the registration process, we work swiftly to resolve them, minimizing disruptions and ensuring a smooth experience.
• Ongoing Support:
  Our support doesn’t end with the registration. We offer ongoing assistance with compliance, reporting, and any additional needs as your business grows.

By partnering with us, you gain access to a team of professionals dedicated to making the company formation process as straightforward and efficient as possible. Let us handle the complexities so you can focus on building your business.

At KKKD & Co., we make the company formation process in India straightforward and hassle-free. From obtaining your DIN and DSC to ensuring all documentation is correctly submitted, we provide comprehensive support every step of the way. Our experts handle the paperwork, navigate regulatory requirements, and keep you informed throughout the process, so you can focus on your business.

Personalized Guidance

We provide personalized assistance tailored to your specific needs. From initial consultations to final registration, our team is dedicated to understanding your business requirements and offering solutions that best fit your goals.

Expert Legal and Regulatory Support

Our team of legal and financial experts is well-versed in the Companies Act, 2013 and other relevant regulations. We offer expert advice and support throughout the registration process, ensuring that all legal and regulatory requirements are met efficiently.

Efficient Document Management

We handle all the documentation involved in company formation, from drafting and notarizing legal documents to submitting forms to the Registrar of Companies. Our efficient document management ensures that everything is processed correctly and on time.

Ongoing Support and Compliance

Our support doesn’t end with the completion of your company registration. We provide ongoing assistance with compliance, including handling annual filings, regulatory updates, and other post-registration requirements.

Global Assistance

If you are based outside India, we offer services to handle the registration process remotely. We manage all aspects of the registration and compliance process, ensuring that everything is completed accurately and efficiently.

By choosing KKKD & Co., you gain a reliable partner committed to making the company formation process as smooth and hassle-free as possible. Contact us today to learn more about how we can assist you in starting your business in India.