How to Register Your Business in Tamilnadu


How to Register Your Business in Tamilnadu

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Starting a business in Chennai has become much easier with the government moving most of the process online. However, there are still certain things that entrepreneurs need to know about in order to streamline the incorporation process. 

First of all, they need to decide the type of legal structure that they want their business to be incorporated as. Generally, the majority of businesses in India are incorporated as private limited companies. This is because it allows for greater investor and owner protection compared to other types of business structures such as partnerships or sole proprietorships.

Once the company structure is decided, it's time to get started with the actual incorporation process. This can be done through an authorised Ministry of Corporate Affairs portal or any other private agency that specialises in this process.  The next step is to obtain a DIN or Director Identification Number, which can be obtained online through the official website of the Ministry of Corporate Affairs.

Lastly, the entrepreneur can get their company documents stamped at any state treasury or authorised private stamping agency. This process can take around 48 hours. Finally, the entrepreneur can get their company seal which is a great way to make everything feel more legit and professional. The cost for this varies depending on the amount of seals required and the delivery timeline chosen.

To change the registered office address of a company, the company needs to pass a board resolution and then file Form INC 22 with the MCA. Various documents such as utility bills, proof of address, NOC from the property owner and rental agreement need to be attached with this form.

 

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