WHAT IS A COMPANY NAME SEARCH?

A Company Name Search is an important step in starting a business. It involves researching existing company names to ensure that the name you choose for your business is unique and is not in use. This search helps you avoid potential legal issues, trademark violations, and confusion in the market. Our Company Name Search service simplifies the process and allows you to establish your brand identity effectively.

HOW TO CHECK NAME AVAILABILITY FOR COMPANY?

To check the availability of a company name, contact our Company Name Search service. Our experts search for existing company names to ensure your desired name is unique and legally available. Our team provides a detailed report highlighting the search results and gives you peace of mind. Let us help you find the perfect name for your startup and avoid any potential legal issues down the road. Start your entrepreneurial journey on the right foot with our excellent Company Name Search service.

GUIDELINES FOR CHOOSING YOUR COMPANY NAME

When choosing a name for your business, it is important to consider several factors to ensure that it resonates with your target audience and indicates your brand identity. Here, a few guidelines are mentioned to help you in selecting the perfect name:

1. Be unique: Ensure that your business name is unique and is not used by another company in your industry.
2. Keep it simple: Choose a name that is easy to remember and pronounce, making it easier for customers to find and refer to your business.
3. Reflect your brand: Your business name should indicate the essence of your brand and what sets you apart from your competitors.
4. Consider future growth: Choose a name that will grow with your business and remain relevant as you expand into new markets or product lines.
5. Benefits of our Company Name Search service include:

• 360-degree search process to ensure the uniqueness and availability of your desired name.
• Avoid potential legal issues and trademark violations.
• Peace of mind and makes your brand stand out in the market.
• Expert guidance in selecting a name that resonates with your target audience.
• Simple process to start your entrepreneurial journey with confidence.

With our Company Name Search service, you can rest assured that your business name is unique, legally available, and ready to help you establish a strong brand identity. Let us assist you in finding the perfect name for your startup, thus you can focus on boosting your business with confidence. Start on the right foot with our Company Name Search Service and be prepared for success in the competitive business world.

THINGS TO KEEP IN MIND WHILE CHOOSING YOUR BUSINESS NAME

1. Consider your target audience: Your business name should connect with your target market and attract potential customers. Think about the demographics, preferences, and values of your audience when selecting a name that will attract and engage them.
2. Select a simple name: Choosing a business name not only includes it is not unique, but also memorable and easy to pronounce. A simple name can make it easier for customers to remember and refer others to your business.
3. Consider trademark availability: Before finalizing your business name, it is important to ensure that the name is not already trademarked by another company. This can help you avoid potential legal issues in the future.
4. Receive feedback: When you have a few potential names in mind, consider getting feedback from friends, family, or your customers. Their opinions can provide valuable insight and help you make the best decision for your business name.

DOCUMENTS REQUIRED FOR COMPANY NAME SEARCH

When conducting a company name search, certain documents may be required to ensure the strength of your chosen name and its availability. Some of the important documents that may be needed for a company name search include:

1. Business registration documents: If your business is already registered or if you have previously applied for registration, you are required to provide copies of the registration documents.
2. Trademark search results: It is important to conduct a trademark search to ensure that the name you choose is not already trademarked by another company. Providing the results of this search can help increase the process of determining the availability of your desired name.
3. Identification documents: In some cases, identification documents or IDs such as a driver’s license or passport may be required to verify your identity when you conduct a company name search.
4. Proof of address: You may also need to provide proof of your business address to confirm the location where your business is operating.

DIFFERENT TYPES OF COMPANY INCORPORATION

• Sole Proprietorship:

A sole proprietorship (or owner) is the simplest form of business structure where one individual holds and operates the business. The owner assumes all responsibility for the business and its debts, making it a popular choice for small businesses and startups.

• Partnership:

A partnership is a business structure where two or more individuals share ownership and management responsibilities. There are several types of partnerships, including general partnerships, limited partnerships, and limited liability partnerships. Partnerships are often chosen for businesses with multiple owners who want to share profits and losses.

• Limited Liability Company (LLC):

An LLC is a business structure that relates the flexibility and tax benefits of a partnership with the limited liability protection of a corporation. LLCs are popular among small businesses and startups due to their simplicity and protection of personal assets.

• Corporation:

A corporation is a different legal entity that is owned by shareholders. It offers the highest level of protection for personal assets but has more complex regulations and requirements. Corporations are often chosen for larger businesses looking to raise capital through issuing stocks.

• Nonprofit Organization:

A nonprofit organization (or NGO) is a business structure that is focused on serving a charitable, educational, or social purpose rather than generating profits for shareholders. Nonprofit organizations are typically tax-exempt and rely on donations, grants, and fundraising to support their mission.

WHY DO YOU NEED A COMPANY NAME SEARCH INDIA?

Conducting a company name search in India is essential for several reasons. First and foremost, it is important to ensure that the name you choose is unique and legally available for use. By conducting a thorough search, you can avoid further legal issues such as trademark infringement or conflicts with existing businesses.

COMPANY REGISTRATION

Company registration is an important legal process that recognizes a business and helps establish it as a legal entity in India. The entire process is regulated by the Companies Act, 2013, which requires the submission of detailed documents and compliance with regulations defined by the MCA and the ROC.

Important Documents for Company Registration

Several documents are required for company registration that should comply with the legal requirements. Following is a detailed list of the necessary documents—

1. Address and Identity Proof of Directors

For address and identity proof, a PAN card is compulsory, and any other proof from a passport, voter ID card, Aadhaar card, or driving license.

2. Passport-sized Photographs of Directors

 A recent passport-size photograph of the director is required for company registration.

3. Proof of Registered Office Address

• Utility Bills: Any electricity, water, or gas bill that should not be older than two months
• If rented office: Rent agreement and NOC certificate from the owner
• If Owned Office: Receipt of property tax or sale deed

4. Consent to Act as Directors (DIR-2)

• A declaration is needed by proposed directors confirming to act as directors of the company.

5. Declaration by First Subscribers and Directors (INC-9)
• A confirmation is needed indicating eligibility and compliance with the requirements of the Companies Act, 2013.

6. Memorandum of Association (MOA)

A legal document explaining the objectives, scope of activities, and rules of the company.

7. Articles of Association

An AOA, or Articles of Association, is required, containing a set of rules and regulations that manage the company’s internal management and the rights and responsibilities of directors and shareholders.

8. Digital Signature Certificate  

A DSC, or Digital Signature Certificate, is required for all directors to   sign the incorporation documents digitally.

9. Director Identification Number

 Directors are instructed to obtain the DIN, or Director Identification     Number, from the MCA portal. They can apply for DIN on the portal for further process.

Steps to Register a Company in India

Here are the complete detailed steps of the company registration in India. These steps should be followed properly to avoid difficulties.

1. Apply for a DIN number.

One of the initial and crucial steps of company registration is getting a unique identification number, which is a DIN (Director Identification Number). The Companies Amendment Act 2006 instructs all existing and becoming directors in a company to obtain their DIN soon. DIN is a unique identification number having 8 digits and is issued by adhering to the Companies Act section 153.

For obtaining a DIN, it requires the following:

• Full name of the director and his/her father’s name

• Date of birth certificate as identity proof

• Proof of address 

• A copy of the PAN card 

• Two photographs of the directors (existing or becoming)

To obtain the application form, visit the official website of MCA (Ministry of Corporate Affairs). The form is available on the website as the DIN-1 form. All business owners must register themselves at the MCA portal and get a login ID.

The DIN-1 form should be accurately filled out and uploaded on the portal after paying the applicable fees. There is a nominal charge of Rs. 100 for applying for the DIN.

2. Apply for a Digital Signature Certificate.

After providing the information in the DIN-1 form and attaching the relevant documents, the next step is to check the authenticity of all these. This can be only assured by receiving a genuine digital signature on all the documents included in the e-filing of the DIN-1 form.

For a successful company registration process, every business should obtain a DSC (Digital Signature Certificate). It is a safe way to submit the relevant documents electronically. The essential requirements for applying for a DSC are the full name of the proposed director, his/her father’s name, date of birth, address and identity proof, PAN card copy, and a recent photograph.

The relevant application fees for getting a DSC certificate range from Rs. 800 to 59999 depending upon the validity time and organization structure. Generally, the time duration of processing a DSC is 2-3 working days.

3. Filing for New User Registration

New users must register on the MCA website to file an e-Form. Creating a new account also helps pay the necessary fees and perform different transactions. Account creation on the Ministry of Corporate Affairs portal is completely free for all.

4. Filing for Charter Documents

Create charter documents such as MOA (Memorandum of Association) and AOA (Articles of Association), which are required and must be created by the applicant for a smooth company registration process.

Memorandum of Association (MOA) – The MOA is a special document that contains the important details of the registering company, such as the connection of the company with others, company powers and objectives, etc. It should be remembered that the MOA cannot be amended after its creation.

Articles of Association (AOA) – The AOA is a unique document that defines the managing rules and regulations of the company. The document also explains the company’s management, characteristics, and governing laws of internal affairs. The AOA can be amended after its creation.

5) Application for the Company Name

A company name indicates its originality and makes it a different entity in the market from its competitors. Hence, it should be different and descriptive, like the company’s products and services.

Recently, the MCA has started a website service—RUN, which is Reserve’s unique name for incorporating a company. However, this is a one-time service that can be used for one time only. Having a resemblance in names or failing to follow the Companies Incorporation Rules, if RUN is rejected, it cannot be used again.

Hence, it is advised to select a unique name that meets all the assigned guidelines. On rejection, the applicant is allowed to file another RUN form only after paying the relevant fees.

6) Register Other Details

After applying, the next step is to register the company name, address, and notice for the appointment of secretary, manager, and director.

• Carefully file the Form-1 and submit it on the MCA portal for incorporating the company name.

• Provide a minimum of four alternative names for your company. (compulsory)

• The proposed company name is required to follow all the provisions mentioned within the Companies Act of 1950.

• Choose one of the names and move with filing Form-18 and Form-32 for the address and appointment of the manager, directors, and secretary of the company, respectively.

When the forms are submitted, they are carefully examined by the concerned agencies. The time duration of this process is usually 8-10 days. After receiving approval from the MCA, the status of the company registration form will change to Approved.

7) Acquiring PAN and TAN

The last step of the company registration is to obtain a PAN number for your company. It can only be received from authorized agents appointed by UTI Investors Services Ltd. or the NSDL. (National Securities Depository Ltd.).

Similarly, having a TAN (Tax Account Number) for your company is important and can be obtained from any governing officer available at your state’s Income Tax Department.