Procedure to Register a Private Limited Company as per Companies Act 2013
Steps to Company Registration : It’s a 3 Step Process to register a Private Limited Company
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
Signing Authority : Sify, e-mudhra , TCS
Market Price : Generally between 1000-2000 for a 2 year
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.
Market Price : Generally anyone can do this searching for FREE
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 ).
Market Price : Rs 1000 is government Fees and a professional might charge Rs 2000-5000 as a professional fees for application.
3. Drafting of Memorandum of Association (MOA)& Article of Association ( AOA ) . , Filing & Uploading of Incorporation Forms
We shall consult with you and 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 INC 9 , Form INC 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 1 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)
INC 9 & INC 10 as attachment in Notarised Stamp-paper( Format shall be provided by us )
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
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.
Price : As per your Capital;
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.