Steps To Form a Private Limited Company in India
Step 1: Obtain a Digital Signature Certificate (DSC)
The first step is to obtain DSC i.e Digital Signature Certificate for the directors involved in the private limited company. The main purpose of the DSC is to sign the eforms . According to, The Information Technology Act, 2000 has provisions for use of Digital Signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically. This is a secure and authentic way to submit a document electronically. DSC is mandatory for all the directors in the company.
Step 2: Filing of MOA & AOA, SPICe INC-32
After registering DSC, You need to verify your company name on MCA Portal -> MCA Services -> Check Company Name
Note: Your Company name should not be registered and should not be taken.
If taken, ensure that your company name should not be same as brand name.
next, for name approval there are 2 options:
1. Run approval: With run (Reserve Unique Name) approval you can ensure whether the name is available or not. But this method doesn’t allow you to resubmit once it is submitted. In case name gets rejected you can resubmit by paying Rs.1000 for each submission.
2. File through SPICe INCE -32 form: Incorporating a company through Simplified Proforma for Incorporating Company electronically (SPICe -INC-32), with eMoA (INC-33), eAOA (INC-34), is the default option and most companies are required to be incorporated through SPICe only. With SPICe INC-32 you can resubmit 2 times.
Working Days: 7 – 9 Days.
Step 3: Issue the Incorporation Certificate:
Once MOA and AOA are approved, you will get incorporation certificate which will include the date of incorporation and PAN number of the company.
Working Days: 1 – 5 Days.
Step 4: GET PAN & TAN Applications
Once you get incorporation certificate, you will get PAN & TAN application by MCA.
Working Days: 1 – 3 Days.
Now Your Company is now registered!