26 January 2015
Procedure for Incorporation of New Private Limited Company as per New Companies Act 2013.
Steps to Register a Private Limited Company :It’s a 3 Step Process.
1.Getting a Digital Signature & DIN In lay mans language Digital Signature is a kind of password which Authenticate the user. A valid digital signature gives a recipient reason to believe that the message was created by a known sender, such that the sender cannot deny having sent the message (authentication and non-repudiation) and that the message was not altered in transit (integrity) Please Note: Digital Signature is not a physical sign which is scanned and prepared electronically.
Documents Require : PAN & Address Proof Time : 3-7 days
Getting a DIN ( Director Identification Number ) DIN refers to Director Identification Number; Anyone who is proposed to be a Director of the company needs to have a DIN. Documents required : Affidavit , PAN and address proof. Time : 24-48 hours Things to remember : DIN is always PAN based, hence the Name of Applicant & Fathers Name should be as per PAN Database. Market Price : Government Fees is Rs 500 and a professional might charge Rs 1000-2000 as signing fees.
2.Name Availability Check & Application for Name Reservation/ Approval
Before proceeding with Name Approval, we shall check for the availability of the Name. Please Note : A name may be available but its always subject to ROC approval. Before Proceeding , please read our Naming Guidelines & Common Reason for Name Rejection. Time : 24-48 hours Not to Forget TradeMark Search is also required.
Apply for Name Reservation/Approval We shall apply for Name Approval with the ROC. A maximum of 6 Names can be provided for Name approval. Time : 2-7 days ( Subject to ROC ) Not to Forget : If the name is not within the naming guidelines , the name shall be asked for resubmission and can be rejected if it fails to meet the ROC guidelines. Documents Required : As such No documents are required to be attached unless , the name is a TradeMark ( then a NOC from the trade mark user ).
3.Drafting of Memorandum of Association (MOA)& Article of Association ( AOA ) . , Filing & Uploading of Incorporation Forms Draft your Memorandum of Association & Article of Association for your kind perusal so that your Company is incorporated with the best drafted Memorandum & Articles. Time : 24-48hours Not to forget : A list of all other documents shall also be prepared along with the Incorporation Consent Letter to act as a Director , Form 9 , Form 10 , Affidavit, Subscriber Pages, Appointment Letter, ( All documents shall be prepared by us and the same needs to be verified by you and signed ).
Filing of Incorporation Forms Form 1A has been replaced with Form INC-7: For Application of Incorporation of Company. Documents Required : Memorandum of Association ( To be prepared by us ) Article of Association ( To be prepared by us ) Affidavit from Subscriber ( Non Acceptance of Public Deposit – Format to be provided by us ) Id Proof of Subscriber( Passport/Voter Id/Aadhar/Driving License ) Residential Proof of Subscriber ( Bank Statement/Mobile Bill/Telephone Bill / Electricity Bill) Verification of Signature of Subscriber ( to be provided by us , just need to sign )
Company Address Form 22 for situation of Office Address Address Proof of Company : Rent Agreement with rent receipt Utility Bill : Electricity Bill / Water Bill/Tax Reciept – maximum 2 months old NOC – No Object Certificate from landlord to use of premises.
DIR-12 for information regarding the Directors Letter of Appointment ( Format to be provided by us ) Declaration by Director ( Format to be provided by us ) Consent Letter by Director ( Format to be provided by us )
Time : 2-3 days Not to forget : To Pay Stamp Duty Charges & Government Fees after uploading the Forms.
Getting Incorporation Certificate After Uploading the Forms, generally within 3-7 working days, a Company Incorporation Certificate is received, unless there is some error or omission in the fact or details. Not to Forget : There is no Hard Copy of Incorporation Certificate, All are issued in soft copies.
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