Digital Signature Certificate for smoother transactions with the Ministry of Corporate Affairs or Registrar of Companies.
A Digital Signature Certificate helps make light work of various transactions related to the Ministry of Corporate Affairs, or Registrar of Companies. In addition to saving time, a Digital Signature Certificate also helps secure data. Read on to know more about the benefits of buying a Digital Signature Certificate from eMudhra.
Digital Signature Certificate and Ministry of Corporate Affairss
Any organization or firm can apply for a Digital Signature Certificate (DSC) for transactions involving the Ministry of Corporate Affairs. However, business houses that exceed revenues of over INR 60 lakhs have to mandatorily use a Digital Signature Certificate while filing returns. Under the provisions of law, a Digital Signature is considered as a legally admissible instruments.
There are various types of Digital Signature Certificates that cater to specific needs. While eFiling on the Ministry of Corporate Affairs portal, a Digital Signature Certificate of Class 2 and Class 3 category is required.
A Class 2 Digital Signature Certificate is available for download after verification based on a trusted and pre-verified database.
A Class 3 Digital Signature Certificate, on the other hand, is of a higher level as it is issued only after the registrant’s identity verification has been done by a Registration Authority.
Digital Signature Certificates and Registrar of Companies
Under provisions of the Information Technology Act, 2000, usage of Digital Signatures on documents submitted in electronic form ensures security and authenticity. Furthermore, companies that file under MCA21 e-Governance program have to use a Digital Signature that identifies the authorized signatory of the company.
Why do I need a Digital Signature Certificate?
A Digital Signature Certificate authenticates your identity electronically. It also provides you with a high level of security for your online transactions by ensuring absolute privacy of the information exchanged using a digital certificate. You can use certificates to encrypt information such that only the intended recipient can read it. You can digitally sign information to assure the recipient that it has not been changed in transit, and also verify your identity as the sender of the message.
Where can I use Digital Signature Certificates?
You can use Digital Signature Certificates for the following:
- For secure email and web-based transactions, or to identify other participants of web-based transactions.
- To prove ownership of a domain name and establish SSL/ TLS encrypted secured sessions between your website and the user for web based transactions.
- As a developer, for proving authorship of a code and retaining integrity of the distributed software programs.
- For signing web forms, e-tendering documents, filing income tax returns, to access membership-based websites automatically without entering a user name and password etc.