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What are the documents required?
What is Digital Signature?
Digital Signature Certificate (DSC) is the digital equivalent (that is electronic format) of physical or paper certificates. Physical Certificates, such as, a driver’s license, a passport, or a membership card, serve as proof of identity of an individual for a certain purpose. Likewise, a digital certificate can be presented electronically to prove your identity, to access information or services on the Internet, or to digitally sign certain e-documents, just as physical documents are required to be signed manually.
The Information Technology Act, 2000 provides for use of Digital Signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically. This is the only secure and authentic way that a document can be submitted electronically. A digital signature is the electronic signature duly issued by a certifying authority that shows the authority of the person signing the same. It is an electronic analogue of a written signature. A person requiring a Digital Signature Certificate can approach any of the Certifying authorities identified by the MCA for issuance of Digital Signature Certificate.
What are the Benefits of Digital Signature?
Easier and Faster Payment:
You can endure faster closure of a sale or even can sign a contract and close documents from several parties with a digital signature. Apart from this, one can also easily streamline the generation of legal agreements, invoices or any other paperwork that takes time to close because of ink signature.
Saves Both Cost and Time:
When we are preparing any official contract or agreement or document, many parties have to sign it. In earlier times, documents have to couriered to all the recipients and wait till all signing is done. But, the procedure for the documents or any other official paper to be delivered and authenticated online is very fast, thanks to digital signature technology. This procedure saves time, cost and is done in a smooth manner.
Digital signing is better than paper or ink signing when it comes to protecting a document. The digital signature making software ensures that it is encrypted and it will protect the document from getting tampered or used wrongly.
Digital signature certificate provide legal validity as well as make sure the e-signature is verified. It can stand in any court of law. Additionally, time stamping plus ability to track and archive documents improve as well as simplify compliance and audit.
Digital signatures hold validity in future as well. ETSI PDF advanced signatures have validity into the future with their long term signature formats. These signatures are still valid for the foreseeable future.
Customer Service Enhanced:
We are living in the digital era, so everything is digitized. Do you know about 66% of digital growth comes from smartphones and iPhones. So, a lot of businesses are conducted online through personal mobile phones. These days, most of the customers expect digital signing and it is a very simple procedure as well as helps in maintaining customer loyalty.
There are several benefits of e-signing or using digital signatures. Using it means we are reducing waste plus minimizing the cost that would have been paid for paper. Also, using digital signatures means giving a clear indication to customers, employees, partners and stakeholders that your business cares about the environment.
Validity of Documents:
Digital signatures are the best way to go when it comes to making sure of document validity. Remember, digitally signed documents or papers are valid for many years even if the technology has advanced.
The cost of integrating e-sign into the work processes is very low in comparison to its advantages. With faster contract turnaround time and less workflow time, e-signatures are best for businesses of any size and shape.
When it comes to signing a document or paper, there is no higher level of security. Digital signatures eliminate the risk of forgery, as they are backed by a unique digital identity, based on accepted Public Key Infrastructure standards.
Why do you need Digital Signature Certificate?
Using Digital Signature Certificates ensures the authenticity and security of any document which is filed electronically. All the filings done by Companies or LLPs under the MCA21 electronic governance program requires the use of Digital Signature Certificates by any authorised signatory. It is mandatory to have a valid digital signature certificate for e-filing the forms on e-Tendering portal. Digital Signatures are legally admissible in a Court of Law, as provided under the provisions of IT Act.
Who is required to obtain Digital Signature Certificate?
Every user who is required to sign an e-form for submission with MCA is required to obtain a Digital Signature Certificate. Under the MCA-21 system, the following four types of users are identified as users of Digital Signatures and are required to obtain the digital signature certificate.
1. MCA (Government) Employees.
2 Professionals (Company Secretaries, Chartered Accountants, Cost Accountants and Lawyers) who interact with MCA and companies in the context of Companies Act.
3 Authorized signatories of the Company including Managing Director, Directors, Manager or Secretary.
4. Representatives of Banks and Financial Institutions.
What is the validity period of Digital Signature Certificate?
Generally Digital Signature Certificates are issued by certified authorities for two years. We process the DSC status in a single day.
What makes FilingDoor different?
PROFESSIONAL TEAM OF CA'S & LAWYERS
We have a dedicated team of CA's, Lawyers & professional team for smooth working.
CAREFULLY EXAMINE DOCUMENTS
We carefully examine your documents so that there would be no chance of rejection or objection from our side.
ONLINE & EASY PROCESS
We made a stress & hassle free &simple online process for everyone so that you don't have to visit to any CA & Lawyer.
BUDGET FRIENDLY & SECURITY
Don' worry, We are budget friendly with your pockets. We believe in delivering value and going the extra mile to keep customers happy.