Company Registration Process
To register a company, you need to first apply for a Director Identification Number (DIN) which can be done by filing eForm for acquiring the DIN. You would then need to acquire your Digital Certificate and register the same on the portal. Thereafter, you need to get the company name approved by the Ministry. Once the company name is approved , you can register the company by filing the incorporation form depending on the type of company
Minimum Requirements for the Private Limited Company.. Minimum 2 Directors
Minimum 2 Shareholders
The directors and shareholders can be the same person
DIN(Director Identification Number) for all the Directors
DSC(Digital Signature Certificate) for one of the Directors
step 1. Obtain the Director Identification Number (DIN) ——— Obtain the DIN by filing application Form DIR-3 only Obtain the DIN by filing application Form DIR-3 online. This form is on the Ministry of Corporate Affairs (MCA 21) portal.
Step 2. Search for the Company Name availability he Promoters have to provide at least 6 names in the order of their preference/priority.
Step 3. Application for Registration of Name The Promoters need to file e-Form INC.1 with Registrar of Companies for reservation of name . The Applicant needs to give 6 proposed names in preference/priority along with their meaning and significance of each word.
Step 4. Drafting of Memorandum of Association (MOA) & Articles of Association (AOA) Memorandum of Association covers fundamental provisions of the company’s constitution. It covers name, objects, situation, capital and liability clause.
Step 5. Filing of e-forms with ROC (Registrar Of Companies)
Form INC.7, INC.8, INC.9. INC.10 and DIR.12
Step 6. Payment of ROC Fees & Stamp Duty After filing of documents online, we need to make payment of ROC fees and Stamp Duty electronically which is based upon the Authorized Capital of the Company
Step 7. Verification of documents / forms by ROC After payment of all stamp duties and ROC fees, ROC scrutinizes all the documents and forms. In case of any objections/queries raised by ROC, re-submission of forms may also require.
Step 8. Issue of Certificate of Incorporation by ROC Once all the Forms are duly approved by ROC, the digitally signed “Certificate of Incorporation” is emailed to the Directors. As part of the Green Initiative by the MCA (Ministry of Corporate Affairs), few Certificates including “Certificate of Incorporation” are now issued only in the electronic format i.e. soft copy (having digital signature of ROC Registrar). Once the Incorporation Certificate is received, Company can start it’s operations.