Company Identification Quantity or Company Identification Quantity (CIN) is a 21-digit alpha-numeric quantity supplied to all Non-public Restricted Corporations (PLCs), One Particular person Corporations (OPCs), Corporations owned by the Authorities of India, State Authorities Corporations, Not-for-Revenue, Nationwide Initiative for Growing and Harnessing Improvements (NIDHI) Corporations, and so on. registered in India.

CIN quantity is a novel identification quantity that’s given by the Registrar Of Corporations (ROC) of varied states beneath the Ministry of Company Affairs (MCA). CIN quantity is assigned to corporations registered in India by the ROC positioned in states throughout the nation.

CIN quantity is used to trace all of the actions of an enterprise after its registration by the ROC. This quantity comprises the identification of a corporation and extra info concerning the registered firm beneath the ROC. The corporate’s info will be accessed utilizing a 21-digit alphanumeric distinctive identification quantity by the ROC.

CIN consists of vital particulars, corresponding to:

12 months of Incorporation (Instance: 2020)
State code (Instance: DL- Delhi)
Kind of Firm (Instance: PLC – Public Restricted Firm)
Itemizing standing (Instance: L – Listed)

This info will also be discovered on the Certificates of Incorporation.

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Decoding CIN quantity

CIN quantity is split into 6 sections that are defined beneath with the assistance of a pattern CIN quantity:

U   12345   DL   2020   PLC   098765

U: Itemizing Standing
12345: Business Code
DL: State Code
2020: Incorporation 12 months
PLC: Possession
098765: Registration Quantity

The primary part signifies the itemizing standing of the corporate. If the corporate is listed then the alphabet will probably be ‘L’ and if unlisted the standing will probably be ‘U’. The following part or 5 digits represents the business code. The corporate doing enterprise in any business is assigned a novel business code by ROC. The following two digits denote the State Code the place the corporate has been registered beneath the Registrar of Corporations with its registered workplace being a specified state. After the state code seems the 12 months of incorporation of the corporate which makes use of 4 further digits within the CIN quantity. The following three digits signify the kind of the corporate being Non-public or Restricted Firm, Authorities of India, Not-for-profit, One Particular person Firm, or Firm of State Authorities. The ultimate 6 digits signify the RoC code of the corporate and all these parts mix to type a 21 digit distinctive CIN quantity.

Observe: Restricted Legal responsibility Firm (LLP) doesn’t use CIN. They’re supplied with LLPIN.

Additionally Learn: On-line Firm Registration Course of in India

Utilization of CIN quantity

CIN quantity is used for monitoring all of the points of a registered firm from its date of incorporation from the ROC. This distinctive quantity/code is principally used throughout audits and presenting studies or any type submission to MCA. CIN is required to be printed on the corporate’s official publications, invoices, e-form on MCA’s web site, letterheads, memos, notices, and payments. This quantity will also be used for monitoring and figuring out corporations for information-related functions that are already with the ROC or MCA.

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Getting a CIN quantity

The corporate can get a CIN quantity by visiting the official web site of MCA. Filling in an utility type and depositing all of the required paperwork. Lastly, submit the fee to obtain the CIN quantity after evaluation and approval from MCA.

Components that result in a change in CIN quantity

If there may be any change within the itemizing standing of an organization
If there may be any change within the location or state of the registered workplace in India
If the business of the corporate adjustments
If the sector of the corporate adjustments

Abbreviations in CIN quantity

FLC: Monetary Lease Firm as Public Restricted
FTC: Subsidiary of a Overseas Firm as a Non-public Restricted Firm
GAP: Normal Affiliation Public
GAT: Normal Affiliation Non-public
GOI: Corporations owned by the Authorities of India
NPL: Not-for-Revenue License Firm
PLC: Public Restricted Firm
PTC: Non-public Restricted Firm
SGC: Corporations owned by State Authorities
ULL: Public Restricted Firm with Limitless Legal responsibility
ULT: Non-public Firm with Limitless Legal responsibility

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Penalty for Non-Compliance

If the above-mentioned necessities aren’t met or if an organization doesn’t apply for a CIN quantity, there’s a penalty cost of Rs. 1000/day on the corporate and each officer and the utmost penalty cost is restricted to Rs. 1 lakh.

Firm Registration Processes in India

Non-public Restricted Firm Registration
Micro Finance Firm Registration
Partnership Agency Registration

LLP Registration
NIDHI Firm Registration
Proprietorship Agency Registration

Copyright Registration
ISO Certification
NBFC Registration

Public Ltd Firm Registration
Trademark Registration