When you register your business with the government of India, you will receive a unique code called the corporate identification number or corporate number. This code is given to every registered firm by the registrar of companies (ROC) along with the registration certificate. This number is essential to mention in every certificate and statement when submitting the reports to the ministry of corporate affairs (MCA), particularly during audits.
CIN, or a corporate number, is a 21-digit alpha-numeric number issued to every ROC registered business in India, irrespective of the area located. While it includes almost every corporate business in India, some of the well-known companies are:
1. Private Limited Companies (PLCs)
2. Companies owned by the Government of India
3. State Government Companies (SGC)
4. Not-for-Profit Section 8 Company (NPL)
5. Nidhi Companies
6. One-Person Companies (OPCs)
7. General Association Public (GAP)
8. General Association Private (GAT)
9. Companies owned by the Government of India (GOI)
10. Private Limited Company (PTC)
11. Public Limited Company with Unlimited Liability (ULL)
12. Financial Lease Company as Public Limited (FLC)
13. A subsidiary of a Foreign Company as a Private Limited Company (FTC)
14. Private Company with Unlimited Liability (ULT)
However, limited liability partnerships (LLP) registered businesses in India do not get a corporate number. Instead, the ROC issues the limited liability partnership identification number (LLPIN), a 7-digit unique identification number to identify an LLP.
Although enterprises have to submit every transaction to the concerned ROC, the ROC tracks all the activities in all aspects of a particular firm effortlessly, from its corporation to till-date, using the corporate number.
The 21-digit corporate identification number, which is easily translatable, carries concealed information. It reveals the basic information about the brand when the unique code is decoded.
The 21-digit code is the combination of 6 levels, and each group reveals a little information about the company.
Corporate Number length: 21 digits
level-1: 1 digit
level-2: 5 digits
level-3: 2 digits
level-4: 4 digits
level-5: 3 digits
level-6: 6 digits
For instance, take the corporate number U67190TN2014PTC096978 and divide it into 6 parts.
U 67190 TN 2014 PTC 096978
Part 1: Listing Status
Part 2: Industry Code
Part 3: State Code
Part 4: Incorporation Year
Part 5: Ownership
Part 6: Registration Number
The first digit in the corporate number represents the company's listing status. If the company is unlisted, the digit starts with U, and if the brand is listed, the corporate number begins with L.
The second five digits of CIN are the ROC industry code. It conveys the type of the company. Some ROC-registered industry codes are:
1. Hospitals: 85110
2. Activities of travel agencies and tour operators; tourist assistance activities: 63040
3. Farming of cattle, sheep, goats, horses, asses, mules, and hinnies; dairy farming: 01211
4. General higher education in science, commerce, and Humanity: 80301
5. Freight transport by motor vehicles: 60231
6. Retail sale of construction materials: 52341
7. Production, supply, and documentation of ready-made (non-customized) software: 72211
8. Manufacture of mineral water: 15543
9. Manufacture of all types of textile garments and clothing accessories: 18101
10. Real estate activities on a fee or contract basis: 70200
11. Manufacture of electric motors: universal AC/DC motors and DC motors or generators: 31103
Characters in the 7th and 8th positions tell the company's incorporation place or state. Companies registered under the Maharastra government will have a code of MH, Andhra Pradesh will have AP, Tamil Nadu with TN, and West Bengal with WB, and the same for other states.
9th to 12th positions in the CIN number tell the company's year of establishment. The CIN number differs from company to company.
The following three characters after the incorporation year tell the company's ownership. For example, PLC stands for private limited company.
The last six numbers show the company's registration number issued by the registrar of the companies.
So, the corporate number U67190TN2014PTC096978 of a company tells an unlisted local private limited company established in 2014 in Tamil Nadu with registration number 096978.
Business established in India should include their CIN number on a set of documents, including:
1. Invoices, bills, and receipts
2. Notices
3. Memos
4. Letterheads
5. Annual Reports and audits
6. E-form submission on the MCA portal
7. Official publications of the company
8. Other company publications
Companies can change their CIN number in the cases like:
1. When there are modifications in the listing status of a company
2. When the company is resituated or relocated
3. Change in industry or the sector of the company
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