PREPARE TO BE A SUBSCRIBER/ FOUNDER OF A COMPANY


To be a good founder, promoter or subscriber of a company to be incorporated, one should at least have a well-documented identity and good financial health. I always suggest an excellent biodata with all supporting documents. There is a functional requirement for well-prepared bio-data. Your list of documents should include:

ParticularSupporting Document
NamePAN Card – Permanent Account Number of Income Tax Department
Father/ Mother NamePAN Card – Permanent Account Number of Income Tax Department
Date of BirthPAN Card – Permanent Account Number of Income Tax Department
Place of BirthPassport or Birth Certificate
PAN Card – Permanent Account NumberPAN Card – Permanent Account Number of Income Tax Department
UID – Unique Identification Number, if anyAadhar Number
DIN – Director Identification Number, if anyDIR Allotment Letter issued by Ministry of Corporate Affairs
Other Identity NumbersAny one of Passport, Driving Licence, Voter Identity Card,
Present AddressElectricity Bill/Telephone Bill/Mobile Bill/Bank Passbook (not more than two months earlier)
Permanent AddressUID/Passport/or other address proof as applicable for present address
Educational QualificationA document showing the highest education obtained
Email Address
(personal not provided by employer)
To be verified by One Time Password (OTP)
Mobile Number
(personal not provided by employer)
To be verified by One Time Password (OTP)
Passport size PhotographNot more than two months earlier
Digital Signature CertificateDSC is an algorithm issued by a certificating authority (CA) licenced by the controller of certifying authorities (CCA) under the Ministry of Information Technology. DSC is based on your documentary proof and issued in pen drive like signature tokens.
Bank BalanceThe subscriber undertakes to have a certain number of shares. If a subscriber could not pay for these subscription shares of the company so incorporated, the company may not commence its business.
List of companies in which you are directorMCA website may be helpful
List of companies in which you have more than 2% shareholdersOne should always have a detail of investments made. Otherwise, Income Tax Annual Information System may have some details

Every person should ensure all these documents have updated address and marital status information.

One common issue in these documents is spelling differences and style differences on different documents. To avoid inconvenience, always check your documents carefully and update them regularly.

No professional query in comments (but in mail). Only academic discussion here. Comments moderated. Sometime, I reply to your mail ID.

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