{"id":114,"date":"2024-01-26T16:58:45","date_gmt":"2024-01-26T16:58:45","guid":{"rendered":"http:\/\/www.ca-arunkumar.com\/auditor\/?p=114"},"modified":"2024-02-06T10:24:30","modified_gmt":"2024-02-06T10:24:30","slug":"company-registration-in-india","status":"publish","type":"post","link":"http:\/\/www.ca-arunkumar.com\/auditor\/company-registration-in-india\/","title":{"rendered":"Company Formation Steps In India"},"content":{"rendered":"\n

Registering a company in India involves several steps and compliance with the regulations laid out by the Ministry of Corporate Affairs (MCA). Here is a general overview of company formation steps in India:

1. Choose the Type of Company:<\/strong>
\u2022 Decide on the type of company structure you want to register (Private Limited, Public Limited, Limited Liability Partnership, etc.).

2. Company Name Reservation:<\/strong>
\u2022 Check the availability of the proposed company name through the MCA’s official website (mca.gov.in<\/a>). Then reserve it by filing SPICe+ part A and pay a fees of Rs. 1000\/-

3. Digital Signature Certificate (DSC):<\/strong>
\u2022 Obtain a Digital Signature Certificate for the proposed directors and shareholders.

4. Director Identification Number (DIN):<\/strong>
\u2022 Obtain a Director Identification Number for all the proposed directors by filing DIR-3.

5. Preparation of Documents:<\/strong>
\u2022 Prepare the necessary documents, including the Memorandum of Association (MOA) and Articles of Association (AOA)

6. Filing the Incorporation Application:<\/strong>
\u2022 Once the company name is approved in SPICe+ Part A then continue with remaining forms. Click on each form and update the information.
\u2022 SPICe+ Part B – will have the details of directors, shareholders, share capital, etc.
\u2022 INC 9 \u2013 Declaration by first directors and shareholders
\u2022 INC 33 \u2013 Memorandum of Association (MOA). Copy the data that you have already prepared.
\u2022 INC 34 \u2013 Articles of Association (AOA). Select the articles for your company type and click the check box to adopt it. Edit the first director section and update the first directors
\u2022 AGILE Pro \u2013 This is a new initiative by MCA. In this section you will apply for PAN, TAN, GST, Bank account (currently two banks are allowed to select PNB and ICICI Bank), EPFO registration.
\u2022 Submit the forms, download and digitally sign and upload.

7. Payment of Fees:<\/strong>
\u2022 Pay the required fees for the incorporation process and submit.

8. Verification of Documents:<\/strong>
\u2022 The MCA will review and verify the submitted documents. If there are any discrepancies or additional information is required, you may be asked to provide it.

9. Certificate of Incorporation:<\/strong>
\u2022 Once the documents are verified, the Registrar of Companies (RoC) will issue a Certificate of Incorporation (COI). This is proof that the company has been legally formed. In the COI you will have PAN, TAN.
\u2022 You are supposed to get the account opening intimation from banks, visit the nearest branch and complete the KYC.
\u2022As per my experience GST not opened automatically, we ended up filing for GST separately for many clients.
\u2022EPFO email you will receive after one or two months

10. INC20-A:<\/strong>
\u2022This is an important form that you have to file after depositing funds in the bank account by the share holder.
\u2022Make sure that all the share holders deposit the full amount in one transaction, in the form you can enter only one date of deposit per shareholder.
\u2022After filing this form only the company can start commencing the business activity.<\/p>\n\n\n\n

https:\/\/lnkd.in\/gapKx3wf<\/a>

Arunkumar R
Chartered Accountant
www.ca-arunkumar.com<\/a>
Arunkumar and Associates<\/p>\n\n\n\n

Contact us<\/a> at Arunkumar and Associates<\/p>\n","protected":false},"excerpt":{"rendered":"

Registering a company in India involves several steps and compliance with the regulations laid out by the Ministry of Corporate Affairs (MCA). Here is a general overview of company formation steps in India:1. Choose the Type of Company:\u2022 Decide on the type of company structure you want to register (Private Limited, Public Limited, Limited Liability … Continue reading Company Formation Steps In India<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-114","post","type-post","status-publish","format-standard","hentry","category-informative"],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/posts\/114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/comments?post=114"}],"version-history":[{"count":8,"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/posts\/114\/revisions"}],"predecessor-version":[{"id":172,"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/posts\/114\/revisions\/172"}],"wp:attachment":[{"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/media?parent=114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/categories?post=114"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.ca-arunkumar.com\/auditor\/wp-json\/wp\/v2\/tags?post=114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}