Registration of a company
I'm planning on starting my own company soon and I'm quite aware of the registration process. But can I receive more clarity on requirements like DIN, DSC, MoA, AoA and so on?
Answer 1
DIN refers to Director Identification Number and it is a unique 8-digit number which will be valid throughout one's lifetime. Once one gets a DIN, all details will be maintained in the database and it is compulsory for directors to get the number before registering a company.
DSC refers to Digital Signature Certificate which is nothing but an online or digital version of one's signature in paper or physical format. These can serve as proof of identity.
MOA refers to Memorandum of Association and it describes the objectives and powers of the company while AOA refers to Articles of Association and it describes rules.
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