What is CIN? Decoding the Corporate Identity Number
CIN stands for Corporate Identity Number. It is a unique 21-digit identification number issued by the Ministry of Corporate Affairs (MCA) in India to any company incorporated under the Companies Act.
Understanding the CIN Code
The 21-digit CIN code is a combination of five distinct elements, each representing important information about the company:
Listed/Unlisted status: Denoted by L/U in the first digit.
Industry code: Next two digits represent the industry vertical the company operates in.
Corporate identity number: This is a unique 3-digit number assigned sequentially by MCA starting 000.
Year of incorporation: The next four digits indicate the year of company incorporation.
Company registration number: Final 11 digits that denote the unique company ID in MCA records.
For example, a sample CIN could be L99999MH2000PLC123456. Here, L denotes Listed company, 99 is the industry code, 999 is unique ID, 2000 is incorporation year, and 123456 indicates the company registration number.
Significance of CIN
The CIN serves the following important purposes:
Unique identification - It provides a single unique ID to identify any registered company in India.
Company information - The CIN contains useful encoded information on company status, industry, year of starting operations etc.
Legal compliance - Having a CIN is mandatory for all compliance filings like annual returns, tax filings etc.
Authentication - CIN is essential for banks, vendors, partners etc. to verify and onboard a company.
Traceability - CIN provides traceability of any company's journey from inception through MCA records.
Thus, the CIN helps establish the legal identity of companies, aids governance and enables tracking of corporate entities.
Who Needs a CIN?
As per Indian company law, the following entities must obtain a CIN within prescribed timelines:
Private limited companies
Public limited companies
Section 8 and Nidhi companies
Producer companies
Foreign companies with offices in India
In conclusion, the CIN is a unique corporate identification number mandatory for companies operating in India. The structured 21-digit CIN contains valuable information on company identity and history. It enables governance, transparency and compliance in the corporate ecosystem.
192.168.0.1
192.168.1.1
10.10.0.1
ro plant in ranchi
age calculator
com net ai
image converter
nick finder
password generator
who is my isp
whatsapp link generator
love calculator
comment picker
fastdl
keepvid
ssyoutube
y2mate
ytmp3
net com ai
igram
yt1s
yt5s
url shortener
ytmp3
ssyoutube
djsongs
savefrom
WordPress is the official continuation of b2/cafélog, which came from Michel V. The work has been continued by the WordPress developers. If you would like to support WordPress, please consider donating.
License
WordPress is free software, and is released under the terms of the GPL (GNU General Public License) version 2 or (at your option) any later version. See license.txt.