There are various types of company registrations that are available in India that one can register for: They are:

• One Person Company (OPC)
• Private Limited Company
• Public Limited Company
• Limited Liability Partnership (LLP)
• Non-Profit Organizations

Authorized Capital and Paid-up Capital? Answer: The Capita of a company is the money given by the shareholders to conduct the business activities. It is mandatory under the Capital clause of the Memorandum of Association (MOA). The main differences between the authorized capital and the paid-up capital of a company are described below.

Authorized Capital

• The Authorized Capital is the maximum amount that a company can legally authorize for the issue to the shareholders.
• The amount should be more than that of the paid-up share.
• Authorized capital can be augmented anytime with the prior permission of the shareholders.

Paid-up Capital

• The Paid-up Capital is the amount of money actually amount paid by the shareholders.
• Under the Companies Amendment Act of 2015, the requirement of having a minimum prescribed paid-up share capital has been removed.

For the registration of a company various documents are required to be submitted. The required documents are:

• • Directors & Shareholders Documents
  • Passport size photograph
  • PAN Card Copy (mandatory)
  • Address Proof (Any one of the below)

• • Residential Proof (Any one of the below)

• Registered Office Address Proof Documents
• Office Property Ownership/Rental documents
• Address Proof of Registered Office Premises

Providing these documents will enable a smoother registration process.

Digital Signature Certificates (DSCs)in the age of technology has become an integral part. A DSC is required for signing a document or application digitally. There are various reasons why a DSC is required and thus based on their requirements, one can obtain any one of the following three classes of digital signature certificate in India:

Class-1 DSC: This class of DSCs is issued to private subscribers and individuals to help them in securing their email communications, and authentication of their individual identity.

Class-2 DSC: These DSCs are issued to company directors and other signatory authorities of a company/firm/organization.

Class-3 DSC: This class of DSC is useful for participation in e-Tenders and e-Auctions, conducted anywhere in entire India.

MOA stands for Memorandum of Association whereas AOA stands for Articles of Association. Both the documents are important sources of information for shareholders and other stakeholders of a Company.

MOA is used in providing information regarding:

• Name
• Aims
• Objectives
• registered office address
• the clause regarding limited liability
• minimum paid-up capital
• Share capital of the Company.

It helps understand the relationship of a Company with the others.

AOAs on the other hand helps provide the necessary documents when the company is incorporated with the Registrar of Companies (ROC). AOA and MOA in conjunction are called the COnstitution of the COmpany.