A Certificate of Incorporation (COI) is a legal document issued by the Registrar of Companies (RoC) to acknowledge a company's formation and registration formally. This certificate indicates that your company made it through the requisite procedures for incorporation and is now an entity recognised by law. It acts as a proof of company registration in India. Let us discover more about the corporate registration certificate download procedure and benefits with JustStart.

What is a Company Registration Certificate?

A certificate of incorporation, which is also referred to as a company registration certificate, is an official record that verifies the establishment of a company in accordance with the Companies Act 2013. It indicates the organisation has been officially registered with the Registrar of Companies.

It can also be termed a business registration certificate. The certificate of incorporation contains critical information regarding the company, including its name, address, date of formation, operations, and authorised capital.

Importance of company registration certificate

There are numerous reasons why the Company Registration Certificate is significant:

1. It acts as a legal document that substantiates the company's identity and existence.
2. A company is a distinct legal entity. Consequently, the MCA issues a certificate of incorporation with a distinctive Corporate Identification Number (CIN) as the entity's exclusive identifier.
3. The company's registration with the RoC is validated by this certificate. As a result, it may commence operations in accordance with the terms of the MOA.

The Company Registration Certificate or business registration certificate is also required for the following reasons:

1. Establish a commercial bank account.
2. To disperse securities to investors
3. Obtaining a loan for the enterprise
4. To sell the organization to an external entity

The company registration certificate can be easily obtained from the MCA portal, the government portal for certificate download.

Company incorporation process: Requirements for company registration

The Company Incorporation Process is straightforward and concise:

1. Obtain a Digital Signature Certificate (DSC) from a certified agency. This will enable you to sign documents and applications through the Internet electronically.
2. Submit an application for obtaining a Director Identification Number (DIN) from the Ministry of Corporate Affairs (MCA). This number is exclusive to each director of a company.
3. Create an account as a new user on the MCA portal. To accomplish this, you will require your DIN and DSC.
4. Finalise the incorporation of the company through the MCA portal. You must complete various forms and submit the necessary documents and MCA fees.
5. Acquire a Certificate of Incorporation from the MCA to legally establish your company. This will validate your organisation's name, address, and date of incorporation.
6. The certificate of incorporation can be readily downloaded after the company is registered with MCA.

How to download a company registration certificate?

The steps to download the company incorporation certificate are as follows:

Step One: Log in to the MCA portal using the MCA user ID and password, and select the "MCA Services" tab. Subsequently, select the "Get Certified Copy" option.

Step Two: Select the details you need and enter the CIN/company name for obtaining the company incorporation certificate.

Step Three: Select the document for which a certified copy is necessary, and the year it was lodged. Additionally, it is imperative to confirm the document through public inspection to proceed. Select the number of pages, range, and copies required for the certified copies.

Step Four: The certified copy for the company registration fee must be paid, as the total amount, including stamp duty charges, is displayed on the screen. Select the "Add to Cart" option.

Step Five: At this stage, you can include additional documents that necessitate a certified copy. Once you have selected the documents, select the "view payment details" option and proceed to make the payment using the most suitable method.

The business sector significantly influences the economy of India. The MCA, which oversees business operations in India, publishes all corporate information online for the convenience of corporations and entities. 

Document Requirements for Company Registration in India

Address Proof and Identity Proof

a. Utility invoices or bank statements as address proof, 

b. PAN card, Passport/Aadhar card/Voter ID (Driver's License of Directors/Subscribers/Partners).

Evidence of Registered Office

a. Property Ownership: Any utility bill, such as an electricity bill or corporation tax receipt, must be submitted within 30 days.

b. The right to utilise the Property- Rental Agreement or No Objection Certificate (NOC) from the proprietor.

Other Document

a. Memorandum of Association (MOA) and Articles of Association (AOA) for registering Private Limited Companies, One Person Companies, Public Limited Companies, and other entities.

b. The Declaration and Consent of the Proposed Directors/Partners and Nominees

Legal Benefits of Company Registration

In India, it is compulsory to register a company for the following reasons. 

Legal Compliance 

Legal compliance is a significant factor in the company registration requirement in India. Section 464 (1) of the Companies Act 2013 mandates that any partnership or association with more than a few members be registered as a company. This legal framework obstructs the operation of unregulated businesses, resulting in economic instability and unfair practices. 

Boosting Credibility and Trust 

Tata, Adani, Reliance, and Airtel are well-known brands in India. They are credible because they are legally registered entities that customers trust. Registering a private limited company instills confidence in your clients, investors, and partners. It proves that your organization adheres to legal regulations, which facilitates acquiring investment and business opportunities. 

Legal Protection 

The registration of your company establishes it as a legitimate entity, ready to fight against any legal action. This legal status protects your business from disputes, fraud, and other legal complications. 

Getting Your Business Entity Secure 

In a time of innovation and competition, it is crucial to safeguard your business entity. Registering your business can prevent others from using your company name to deceive clients or dilute your brand image. Anybody can operate a company under your name without business registration in India, stealing your customers and harming your reputation. 

Conclusion

The importance of a Company Registration Certificate is comparable to that of a birth certificate for an individual. It functions as legal evidence of its existence. Discover the various options for registering a company with JustStart, and let our team help you get started on the right foot