How to register marketing company in India
To register a marketing company in India, you need to follow the necessary legal procedures and comply with the regulations set forth by the Ministry of Corporate Affairs (MCA). Here's a general step-by-step guide:
- Choose a Business Structure:
- Decide on the type of business structure you want for your marketing company. Options include a sole proprietorship, partnership, limited liability partnership (LLP), or private limited company.
- Consider consulting with a legal professional or business advisor to determine the most suitable structure for your specific needs.
- Business Name Reservation:
- Choose a unique name for your marketing company and ensure it complies with the naming guidelines specified by the MCA.
- Use the RUN (Reserve Unique Name) service provided by the MCA to check and reserve the name for your company.
- Obtain Digital Signature Certificate (DSC):
- Acquire a Digital Signature Certificate (DSC) for the proposed directors or partners of the company. The DSC is necessary for electronically signing the registration documents.
- DSCs can be obtained from certified authorities in India.
- Director Identification Number (DIN):
- Apply for Director Identification Number (DIN) for all proposed directors of the company. DIN can be obtained by filing an application with the MCA.
- Drafting Documents:
- Prepare the necessary documents for registration, including the Memorandum of Association (MOA) and Articles of Association (AOA).
- These documents outline the objectives, rules, and regulations of the company, as well as the rights and responsibilities of the directors or partners.
- Filing the Incorporation Documents:
- File the necessary incorporation documents with the MCA through the SPICe (Simplified Proforma for Incorporating Company Electronically) or relevant forms based on your chosen business structure.
- Submit the required documents, such as the MOA, AOA, identity proofs, and address proofs of the directors or partners.
- PAN and TAN Application:
- Apply for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for your company. These are essential for taxation and compliance purposes.
- You can apply for PAN and TAN simultaneously with the company registration process.
- Paying Registration Fees:
- Pay the applicable registration fees as prescribed by the MCA. The fee amount varies based on the authorized capital of the company.
- Certificate of Incorporation:
- Once the MCA reviews and approves the incorporation documents, you will receive a Certificate of Incorporation. This document officially establishes your marketing company as a legal entity.
- Post-Incorporation Compliance:
- After obtaining the Certificate of Incorporation, complete post-incorporation compliance requirements, such as opening a bank account, obtaining necessary licenses or permits, and ensuring compliance with tax and regulatory obligations.
