If you are planning to start a consultancy business, it is important to keep the legal requirements in check. Thus, the first thing you must do is apply for consultancy company registration.
However, there are certain guidelines that need to be followed.
Thus, follow the steps below to apply for consultancy company registration with ease.
When it comes to legal requirements, you must have an expert to assist you. Also, make sure that they have the right expertise in consultancy company registration procedures.
For this purpose, we at StartEazy can help you set up a company in India and also provide expert consultancy for your business.
We are a one-stop shop for all your legal business registration needs. So, get in touch with an expert today by filling out the form on your right.
Share all your information and required documents with the expert consultant so they can prepare your application for consultancy company registration according to government guidelines.
List of Documents Required for Consultancy Company Registration
Along with it, share the following information:
Make sure that the information you share is the same as in the documents you provide. Otherwise, it leads to queries from the government authorities and delays the process.
Before applying for registration, you must have a Class 3 Digital Signature Certificate (DSC).
The DSC of directors is mandatory to authenticate all the legal documents before uploading them on the government's website.
The next mandatory thing is to record the directors’ details with the Ministry of Corporate Affairs (MCA) before registering your consultancy business.
After doing so, the director/s will be allotted an 8-digit identification number (DIN).
The DIN number is mandatory for anyone who wants to be a director in a company.
Also, it is used by the government to track the number of companies you are a director in.
The DIN number, once allotted, has lifetime validity.
After the DSC and DIN numbers are registered, we will apply for the name reservation application.
The name approval takes approx 48-72 hours.
Why must you apply for a name reservation before company registration?
When applying for company registration, you can propose two name options for your business.
If either is available, the authorities will assign it to your business.
However, if they are not available, your company registration application will be rejected. Thus, you will have to file a new one.
To avoid this situation, we advise you to apply for a name reservation before company registration.
For this purpose, our experts will do a thorough search for the name you proposed for the consultancy business. If available, we will apply for the name reservation.
Once the name is reserved, it is valid for 15 days.
However, if you do not have any names in mind, our team of experts can help you to pick the best name.
Here are some unique name ideas for consultancy company registration:
The next step is creating and assembling all the documents for consultancy company registration.
Our team of experts at StartEazy can help you register your consultancy company with the right objectives that serve your business scope in the long run.
The MoA (Memorandum of Association) and AoA (Article of Association) are the two crucial documents that include all the details about your company.
Thus, it is important that the MoA and AoA must be created by an expert.
The MoA will include the following:
Clause Title |
Sample Clause |
Name Clause |
ABC Private Limited |
Registered Office Clause |
H No -1, ABCD Colony, XYZ Road, City, State, Country, PINCODE |
Objectives of Business |
To carry on in India or elsewhere the business of technical, legal, financial and management consultants, advisers, innovators, software, designer, marketers, fund managers, administrators, agents, recruitment and placement consultancy service providers, impart training in various fields, areas and subjects including but not limited to vocational training through any form viz. classroom, electronic media or training by correspondence and to carry of the business of conceptualizing, designing, execution and operation of all activities pertaining or relating to contract employees or of employee leasing by offering services from time to time for outsourcing administration of employees and all administrative activities related thereto and to enter into collaborations, joint venture agreements in India and with companies abroad and to do all other incidental things acts necessary for the attainment of the main object.To act as consultants, advisors, innovators, system designers, designers developers and implementers of new products, calculations and fixation of premium rates, surrender values, profit testing, valuation of portfolio, recommendations for restructuring of portfolios, arrange and advise on reinsurance, valuation of liabilities. |
Liability Clause |
In an unrestricted company, the members' liability is unlimited, while in a company limited by shares, the members' liability is limited by the balance outstanding on their share. The members' responsibility in a corporation limited by guarantee is limited by the amount each partner has agreed to pay. |
Capital Clause |
This clause will include the capital invested in the business initially. It will also include the amount of paid-up and authorized capital. |
Association Clause |
This section will include the details about the people associated with the MoA. It will also state the signing authority of directors in the business. |
The AoA will include the following:
It also includes any changes in shareholding or directorships since incorporation.
Lastly, our experts will fill out the mandatory forms for company registration and submit the application on MCA's Website.
We will also answer the queries raised by the authority on your behalf and keep you updated on the application status.
It usually takes 12-15 days for the complete registration process.