Company
Formation in India
A. Minimum
requirements for forming Private Limited Company in India
·
Minimum 2 Directors
·
Minimum 2 Shareholders (Directors and
Shareholders can be same person)
·
Minimum Sharecapital shall be Rs.
1,00,000 (INR One Lac)
B. Process
to form Company
1. Obtain
Director Identification Number (DIN ) & Digital Signature (DSC )
Director
Identification Number (DIN) is a unique identification number
issued by the Ministry of Corporate Affairs (MCA) for a person intending to
become a director of a company.
Documents required for obtaining
DIN:
·
Address Proof: Self attested copy of Passport
Or
Self
attested copy of Driving License
Or
Self attested copy of
Utility Bill (Electricity Bill/ Telephone Bill) not older than 30 days
Or
Self attested copy of
Bank Statement duly certified by Bank Manager
Please note that the
Address Proof must contain PIN CODE
·
Identity Proof: Self attested copy of PAN Card (Income Tax Permanent
Account
Number) in case the applicant is Indian National
PAN
Card as Identity Proof is mandatory.
Apostilled/ Notarised
copy of Passport in case applicant is a Foreign National
·
Passport Size Photograph
·
Email Address of the Applicant
·
Mobile Number
·
Current Occupation
·
Proof for Educational Qualification like
self attested copy of Degree Certificate like B.Com, MBA, etc.)
·
Affidavit to be signed by the applicant
duly notarized on Rs. 100 Stamp Paper (Format shall be provided by us)
Digital
Signature Certificates (DSC) are the digital
equivalent (that is electronic format) of physical or paper certificates.
Examples of physical certificates are drivers' licenses, passports or
membership cards. Certificates serve as proof of identity of an individual for
a certain purpose; for example, a driver's license identifies someone who can
legally drive in a particular country. Likewise, a digital certificate can be
presented electronically to prove your identity, to access information or services
on the Internet or to sign certain documents digitally.
Documents required for obtaining
DSC:
·
Duly signed DSC Application Form
·
Address Proof: Self attested copy of Passport
Or
Self
attested copy of Driving License
Or
Self attested copy of
Utility Bill (Electricity Bill/ Telephone Bill) not older than 30 days
Or
Self attested copy of
Bank Statement duly certified by Bank Manager
Please note that the
Address Proof must contain PIN CODE
·
Identity Proof: Self attested copy of PAN Card (Income Tax Permanent
Account
Number) in case the applicant is Indian National
PAN
Card as Identity Proof is mandatory.
Apostilled/ Notarised
copy of Passport in case applicant is a Foreign National
·
Passport Size Photograph
·
Email Address of the Applicant
·
Mobile Number
2. Search
for Name Availability
Applicant has choices to apply for 6 Preferences as
per their priority. Applicant must keep in mind the name guidelines issued by
Ministry of Corporate of Affairs (MCA) before selecting the desired name for
the company.
3. Application
for Name Approval
After the name is searched and 6 choices have been finalized,
then, the applicant can apply for Name approval in prescribed form at MCA.
Please note that in this form, applicant has to mention main objects of the proposed
company.
4. Drafting
Memorandum of Association & Articles of Association
Memorandum of Association:
The memorandum is the company's charter. It states the company's name; the
situation of its registered office; its share capital; the fact that liability
is limited and, most importantly, the object for which the company has been
formed.
Articles of Association:
The document contains the internal regulations of the company, the relationship
of the company to its shareholders and the relationship between the individual
shareholders.
5. Filing
e-Forms with MCA
Incorporation documents along with Memorandum of
Association & Articles of Association and Notice for Situation of
Registered Office (along with Proof of Registered Office) and for appointment
of first Directors of the proposed Company
6. Issue
of Certificate of Incorporation
This
is the document, which the registrar of companies (ROC) issues to you once ROC
has approved your choice of name and the incorporation documents filed. When
you receive this document your company legally exists and is ready to do
business
If in case, you are
desirous to form your Private Limited Company, feel free to contact us at csnehaseth@gmail.com to get quotes.
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