A Corporate Identification Number (CIN) is a unique 21-digit number for the company by the Registrar of Companies (ROC) to a company incorporated in India. CIN uses for the identification and tracking of a company’s compliance with regulatory requirements. It includes various official documents and records.

Uses of the corporate identification number for business benefits:

First of all, this number can use to look up a company’s registration details, such as its name, incorporation date, and authorized capital. And registers office address on the Ministry of Corporate Affairs (MCA) website. (CIN) serves as a means of identifying and tracking a company’s compliance with regulatory requirements.

Three main parts of (CIN):

  1. The first two digits represent the company’s industry classification.
  2. Next five digits represent the company’s location code.
  3. The remaining 14 digits are unique identification numbers for the company by the ROC.

Particularly, this number uses as a primary means of identifying a company for various official purposes. Such as filing annual returns, submitting financial statements, and obtaining various licenses and permits. After that, it also uses to verify a company’s identity when opening a bank account and applying for loans. It is also conducting other financial transactions. Another role of the CIN is for Registration details, such as its name, incorporation date, authorized capital, and registered office address.

About access:

Furthermore, On the Ministry of Corporate Affairs (MCA) website. This information is publicly available and can access by anyone. This is important to note that the CIN is not the same as the Permanent Account Number (PAN). Which is a unique identification number for the company by the Income Tax Department and use for tax purposes.

Conclusion

In conclusion, the Corporate Identification Number (CIN) is a unique identification number for the company by the Registrar of Companies in India. It serves as a means of identifying and tracking a company’s compliance with regulatory requirements. This is mainly for various official purposes such as filing annual returns and submitting financial statements with obtaining various licenses and permits. It also looks company’s registration details on the Ministry of Corporate Affairs (MCA) website.

Corporate Identification Number (CIN)

A Corporate Identification Number (CIN) is a unique 21-digit number for the company by the Registrar of Companies (ROC) to a company incorporated in India. CIN uses for the identification and tracking of a company’s compliance with regulatory requirements. It includes various official documents and records. Uses of the corporate identification number for business benefits: […]