- The company registration number in India, also known as the CIN, is a unique 21-digit identification number assigned by the Registrar of Companies (ROC) upon completing the company registration process. This number, obtained on the registration date, serves to track the company’s activities and is mandatory for all registered companies in India. As a crucial identifier, the CIN is essential for companies seeking to establish their presence in India through the company registration process. Let’s delve into the significance and necessity of obtaining the company registration number for individuals looking to register company in India.
What is company registration number in India?
- The Corporate Identification Number (CIN), a 21-digit identifier, is allocated to Indian companies irrespective of their ownership structure, including private limited and limited companies. It validates a company’s legitimacy and facilitates future identification. Failure to disclose the CIN incurs penalties for the company and its officers. The Registrar of Companies (ROC) issues the CIN, operating in each state, aiding business owners in company incorporation. Although some eastern states lack a dedicated ROC, each state possesses its unique CIN numbers, crucial for business identification and verification. The CIN ensures seamless tracking of fundamental company information, serving as proof of registration with the ROC.
Creation of company registration number in India
The Company Registration Number (CIN) incorporates diverse details within it, including:
- The first letter of the company registration number serves as an indicator of the company’s listing status. If the letter is ‘U,’ it signifies that the company is unlisted, whereas ‘L’ indicates that the company is listed on a stock exchange.
- Following the listing status indicator, the subsequent 5 digits in the CIN number provide information about the industry to which the company belongs and the specific activities in which it engages. This helps in categorizing companies based on their business sectors.
- The next 2 digits of the CIN number represent the state code where the company was originally registered. For example, ‘RJ’ may indicate registration in the state of Rajasthan.
- The subsequent 4 digits in the CIN number indicate the year in which the company was registered. This helps in determining the age or establishment year of the company.
- After the registration year, the next 3 letters in the CIN number signify the type of ownership or structure of the company. For instance, ‘PLC’ may denote a Public Limited Company, while ‘NPL’ could indicate a Not-for-Profit Company.
- Finally, the last 6 digits of the CIN number comprise a unique registration number assigned by the Registrar of Companies (ROC). This number serves as the official identification for the company and helps distinguish it from other registered entities.
Importance of Company Registration Number in India
- The Company Registration Number serves as a crucial identifier for monitoring and tracking a company’s activities from its incorporation by the Registrar of Companies (ROC). This unique 21-digit number is mandatory for all transactions and documentation involving the respective state’s ROC. With its significant meaning and easy interpretation, the Company Registration Number allows for extracting fundamental information about a registered company under the Ministry of Corporate Affairs. It enables the retrieval of primary details and facilitates the identification and tracking of companies across various levels of information maintained by the MCA/ROC.
Steps to obtain Company Registration Number in India
Step 1: Obtain a Digital Signature Certificate (DSC)
- This pivotal step enables electronic signing of documents and forms online. At Tetra Consultants, we streamline the DSC acquisition process, offering expert guidance and assistance. Our team ensures seamless procurement of DSCs from certified agencies, facilitating hassle-free electronic transactions for your business needs. Trust Tetra Consultants to navigate the complexities of DSC acquisition, allowing you to focus on your core business activities with confidence.
Step 2: Apply for a Director Identification Number (DIN)
- This distinctive identifier is allocated to each director of a company. At Tetra Consultants, we offer seamless acquisition of DIN by applying on your behalf through the Ministry of Corporate Affairs (MCA). Our experienced team ensures efficient processing, allowing you to obtain your DIN swiftly and without hassle. Trust Tetra Consultants to handle the DIN application process, enabling you to focus on your business endeavors with peace of mind.
Step 3: Register as a new user on the MCA portal
- Tetra Consultants simplifies this process by guiding you through the registration steps and assisting with the utilization of your DSC and DIN for authentication. With our expertise, we ensure a smooth and efficient registration experience on the MCA portal, allowing you to access essential services and resources for your business needs without complications.
Step 4: Complete the company incorporation process
- Further, our team guides you through the process, ensuring all necessary forms are filled out accurately and required documents and fees are submitted promptly. With our expertise, we streamline the incorporation process, facilitating a smooth and efficient experience on the MCA portal.
Step 5: Legally establish your company by obtaining a Certificate of Incorporation
- Once you legally establish your company in India by obtaining Certificate of Incorporation from MCA. This pivotal document, provided by Tetra Consultants, confirms your company’s name, address, and formation date. Upon receiving the Certificate of Incorporation (CoI), you will also obtain your company registration number, ensuring official recognition and compliance with regulatory requirements.
Step 6: Open bank account
- Once you have acquired Certificate of Incorporation and Company Registration Number in India. Our experts will proceed for corporate bank account opening your business. Our experts will ensure you to have a bank account in 4 weeks of incorporation.
Conclusion
- Company registration in India offers numerous benefits, including legal recognition, limited liability, and borrowing capacity. At Tetra Consultants, we go beyond registration to provide a comprehensive suite of services. From offshore financial licenses to nominee directors and shareholders, accounting and tax requirements, and more, we offer tailored solutions to meet your business needs. Trust Tetra Consultants to navigate the complexities of company registration and beyond, empowering your business to thrive in the dynamic Indian market and beyond.
- Contact us to know more about Company Registration Number in India and our team will revert back in 24 hours.
