Getting a Digital Certificate Is The First Step Of Private Limited Company Registration

First Step Of Private Limited Company Registration

The establishment of business seems very easy but it is a crucial phase because a businessman requires to complete lots of legal requirements before launching any business in the market. Before launching the business you must look for private limited company registration so that your company will be legalized in the market and you can get rid of huge number of hassles that people have to face if they have not registered their firm. It may become a difficult task of company registration in Singapore but not impossible. It is most important to register your business whether the business is small or large. You can find many ways of doing registration of company but it is very difficult to get right place where you are not required to pay lot of money.

How to register any private limited company

If you want to make the flawless start of your business then do private limited company registration on time, for that you are required to follow four steps-

Try to get a digital signature certificate

The first thing that you have to get is a digital signature certificate (DSC). Now all of the things are happening on net, the same you have to follow for doing private limited company registration because it is mandated by government that company should have their own DSC that is valid for 1 to 2 years. If your company is old and yet not registered then it’s not a valid company and you are not in the list of businessman so there is no chance of getting any type of commercial loan from bank or any other organization.

List of documents that are required for Digital signature certificate-

1. You must have a passport size photograph
2. Proof of address that is self-attested
3. Applicant PAN Card that is self-attested

Obtain the number of director identification (DIN)

There is a unique number which is named Director Identification Number that is assigned to the business by Ministry of corporate affairs. The number which is allotted here is unique for everyone and for a lifetime. This will help you in getting information about the director, shareholder, capital used in business and other related things. If you want to show yourself as a director of company then you must obtain a DIN number. If you want to get rid of all legal restriction then you must follow each and everything in a proper manner.

Documents required for getting DIN

1. Applicant passport size photograph
2. Applicant proof of address and PAN in self attest format.

Name reservation

If you are going to send an application for the process of registration then you are required to reserve a name for your company so you are required to get an application for reservation of name that you will get by paying a small number of fees which is to be done before private limited company registration. You get choice to select any 6 names for your organization in one application and after that a professional will do search for the availability of names and then registrar will allot you that name with 100% discretion.

The application for approval of name has to be done by following the provision that is listed below-

1. The name that you want should be in an easy and readable format that one can remember easily
2. The name should provide an identity of the company
3. Must be short and in a simple format
4. The name should not have any prohibited word
5. Should not infringe any type of trademark

Certificate of incorporation

After doing all the above in perfect manner you will get certificate of incorporation after sending the application of private limited company registration.

Hence registration plays a very important role in all the business so it is required to complete it on time.

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