You need to know how to register a company
In India to register a company is a completely online process. But you need to know the how to register a company. There are various steps that one has to follow to register a company. Let us understand these steps one by one:-
Step 1 of “You need to know how to register a company”
To acquire Digital Signature Certificate (DSC)
The company is required to submit the Digital Signature Certificate (DSC) Application form along with the identity proof (PAN Card) and residence proof (Anyone documents mentioned in Step 2 ).
Step 2 of “You need to know how to register a company”
To obtain a Director Identification Number (DIN)
For obtaining a DIN you have to file the Form DIR-1. Once you file the Form DIR-1 a challan is generated and on foot of the challan, you get the DIN. Documents required for obtaining DIN are as follows:-
a. Identity Proof should contain any one of the following:
Voter Id Card
b. Residence Proof should contain any one of the following:
Voter Id Card
Step 3 of “You need to know how to register a company”
To apply for name of the Company
You have to file the Form I NC 1. This form contains three parts:-
Part A: Reservation of name for incorporation of a new company
Application for New / Change of name
Details of Applicant
Type of Company
Name of the State/Union territory in which the proposed company is to be registered
Name of the office of the Registrar of Companies in which the proposed company is to be registered
Details of promoter(s) quoting DIN
Objects of the proposed company to be included in its MoA.
Particulars of proposed director(s)
Whether the Promoters are carrying on any Partnership firm, sole proprietary or unregistered entity in the name as applied for Yes/No.
Part B Particulars about the proposed name(s)
Number of proposed names for the company (Please give maximum six names in order of preference)
Whether the proposed name is in resemblance with any class of Trade Marks Rules, 2002 If yes, Please specify the Class(s) of trade mark Yes No.
Whether the proposed name(s) is/are based on a registered trademark or is the subject matter of Say Yes /No. If yes, furnish particulars of trade mark or application and the approval of the applicant or owner of the trademark an application pending for registration under the Trade Marks Act.
In case the name is similar to any existing company or to the foreign holding company, specify name of such company and also attach copy of the No Objection Certificate by way of board resolution (Duly attested by a director of that company)
(a) Whether the proposed name includes the words such as Insurance, Bank, Stock exchange, Venture Capital, Asset (If yes, attach the approval or if No, attach the approval at the time of filing the incorporation form)
(b) Whether the proposed name including the phrase ‘Electoral trust’ [If Yes, attach the affidavit as per rule 8(2)(b)(vi)] If Yes, whether the in-principle approval is received from specify other Yes/ No
Part C. Names requiring Central Government approval required
15. State whether the proposed name(s) contain such word or expression for which the previous approval of Central Government is if Yes, this form shall be treated as an application to the Central Govt. for such approval and shall be dealt with accordingly)
Then at the end
a. Optional attachment, if any.
b. List of attachments
Step 4 of “You need to know how to register a company”
For Obtaining Certificate of Incorporation from the Registrar of Companies
You need to file three forms:-
Simplified Proforma for Incorporating Companies Electronically (SPICe) Form INC-32
eMemorandum of Association (SPICe MoA), Form INC-33
eArticles of Association (SPICe AoA), Form INC-34
Once you have filed and paid the registration fees then all the forms are scrutinised by MCA officials and if they found that all the forms are in order then they issue the Certificate of Incorporation of the company.
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