How to Register Your Business in Tamilnadu


How to Register Your Business in Tamilnadu

 "Call Our Business Plan Experts at +91-72999-72500"


Incorporating a business in Chennai is easy with the government moving most of the process online and allowing you to register your business at your convenience. The first step is to decide the legal structure of your business. There are multiple options available under the Indian Law including Private Limited Company, Partnership Firm and a Limited Liability Partnership (LLP). The most popular choice is a private limited company since it provides maximum protection for owners. It is also easy to raise capital from investors and attract foreign investments.

Once the type of business Register is decided, the entrepreneurs must come up with a unique business name that complies with the guidelines under the Companies Act. The name should be unique and include the activity word along with the words "Private Limited" or "Limited".

The next step is to register for a DIN number which can be done by any authorised private outfit on the official portal of the Ministry of Corporate Affairs. This is the director identification number and all directors must have this in order to file for any business registration or other related documents. It usually takes up to 1 day to get the DIN number and costs around 100 rupees.

After getting the DIN, a digital signature is required which can be acquired through any authorised private agency again on the official portal of the Ministry of Corporate affairs. All directors must have this in order to sign any documents and make filings with the ROC and other authorities.

Finally, the registered office address of your company must be declared with the Registrar of Companies (ROC) and it must be used as your principal place of business. To change the registered office you must arrange a board meeting and pass a resolution to do so. Then you must file Form INC 22 with the MCA stating the new address. You must attach proof of the new address such as utility bills and an NOC from the owner or the rental agreement if it is a leased location.

 

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