Author Topic: Procedure For Incorporation of Company in India  (Read 833 times)

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newco

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Procedure For Incorporation of Company in India
« on: December 12, 2012, 07:24:01 AM »
Step 1 - Obtaining DIN
Obtain Directors Identfication Number (DIN) for proposed Directors of the new Company
3 -5 Days
Can be performed simultaneously with step 2

Step 2 - Obtaining DSC
Obtain Digital Signature Certificate (DSC) for at least one of the proposed Directors
1-3  Days
Can be performed simultaneously with step 1

Step 3 - Checking Name Availability
Select 6 names in order or preference
File Form 1A with the RoC for proposed name approval
2-6 days

Step 4 - MOA/AOA and Forms
Drawing up of the Memorandum of Association and Articles of Association
Getting the appropriate persons to subscribe to the Memorandum (a minimum of 7 for a public company and 2 for a private company)
Preparing other Forms to be filed with the ROC
7 Days

Step 5 - Stamping
Make an application to the Superintendent of Stamps or an authorized bank requesting for stamping of the Memorandum of Association and Articles of Association.
1 Day

Step 6 - Filing with ROC
Present the required documents along with the registration fee to the Registrar of Companies to get the certificate of incorporation.
1 day

Step 7 - Certificate of Incorporation and Company Seal
Receipt of Certificate of Incorporation of the Company
Obtain a company seal
3 - 4 Days

Step 8 - Certificate of Commencement of Business (only for public company)
Obtain Certificate of Commencement of Business from the ROC in case of a public company
15 Days

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