Get to Know About the Steps of the GST Registration Process
29 Jul, 2024
With the boom of technology in India, Software Companies are getting established in abundance all over India and have become one of the major contributors when it comes to the software and IT industry. Having said that, computer forensic investigation, IT support, cloud architect, health IT specialist, web development and engineering are just a few of the many aspects of this huge industry that one can work in. India harbours multiple varieties of software companies.
A software company creates products that take the form of various types of software. They work on their technology, distribution, and product development.
Still, looking for more clarity? We've got you covered. In the following sections, we'll get into more detail about the registration process of a Software Company.
A. Identity Proof (Any one of the following)
B. Residence Proof (Any one of the following)
Step 1: Director Identification Number: DIN i.e. Direct Identification number registration is the first step to incorporate a software company. All the fillings are required to have digital signatures by the authorized person.
Step 2: Digital Certificate (DSC): The Digital certificate is the digital signature certificate which maintains the applicant's security, here the proposed directors of the company. However, the DSC must only be issued by the Certifying Authority, i.e., the person who has been granted a license to issue a DSC as mention under Section 24 of the Indian IT-Act 2000.
Step 3: Reservation of Company Name: As DIN gets issued, the company has to apply for a name. There are about 5-6 names options should be given from which the company can choose one. If the preferred name is not available, then the company can choose a name itself followed by this company should apply for Registration. Nonetheless, the owner has to open a current account in the bank. It can be opened in any bank for carrying out their required operations. To open a current account the owner must own a furnished copy of the Memorandum of Association and Certificate of Incorporation.
Online Legal India™ expert team of highly qualified CA/CS will guide you through the rest of the process for Software Company Registration. To know more about the registration process, contact ours in house experts. We give economical services for ones who are willing to start up a company/business or any other kind of organization.