What is a Company Identification Number (CIN)? How Does it Work?
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1. Introduction to Company Identification Number (CIN) – The Corporate Identification Number (CIN) is a unique 21-digit alphanumeric code assigned to companies incorporated in India by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). This identifier serves as the legal identity of a company, certifying its existence as a registered entity under Indian corporate laws. The CIN is issued upon company registration and is essential for tracking a company's activities and ensuring compliance with legal and regulatory requirements. The CIN Number is mandatory for all companies operating in India. It assists the government and other regulatory agencies in monitoring the company's information, including its status, incorporation, and other crucial business data. It is necessary for conducting commercial activities and submitting paperwork to the Registrar of Companies . 2. Components of a Company Identification Number (CIN) – The Corporate Ide...