STEPS INVOLVED IN THE INCORPORATION OF A COMPANY

 

STEP 1: SEEKING NAME AVAILABILITY

 

The following details will be required to seek the availability of desired name for the proposed company:

 

1. List of 2 proposed names for the company, in the order of preference.
2. Main objects to be carried out by the proposed
3. Name of the state in which proposed company is to be incorporated

 

STEP II: INCORPORATION OF THE COMPANY

 

The following details will be required at the time of Incorporation of the company:

 

1. Director Identification Number (DIN): DIN of atleast 2 individuals in case of a private limited company and 3 in case of a public limited company shall be
2. Authorised Share Capital
3. Paid up share Capital
4. Number of Promoters/ subscribers to MOA,minimum 2 in case of a private limited company and 7 in case of public limited company(may/may not include the proposed Directors)and in respect of each such promoter (if not having DIN) following details:
   1. Place of Birth
   2. Occupation
   3. Educational Qualification
   4. Landline Number and Mobile Number
   5. E-mail ID
   6. Duration of stay at the present address (If stay is less than a year, then the previous address)
   7. Self Attested Proof of Identity (Voter Id, Passport, DL, Aadhar Card)
   8. Self Attested Residential Proof (Bank Statement, Electricity Bill, Telephone Bill, Mobile Bill not being older than 2 months)
   9. Number of shares to be subscribed by each promoter

 

5. DIR-2 and Notice of Interest (From First Directors) (Format will be provided)
6. Certified copy of MOA and AOA of the Company in case the numbers of promoters
7. For the Registered Office address of the company:
   1. Whether the property:
      1. Owned by Company
      2. Owned by director (not taken on lease by company)

• Taken on lease by company

1. Owned by any other person(not taken on lease by company)

 

1. Utility Bills (not older than two months) depicting address of Registered Office (Electricity bill, Mobile bill, Gas Bill, Telephone Bill)
2. Proof of Registered Office (Conveyance/lease deed/rent agreement along with rent receipts)
3. NOC for use of property by the company.

8. Valid Digital Signatures of each promoter of the proposed company will be required. (Please be informed that all the digital signatures of the promoters needs to be affixed on the same day on the incorporation application. Therefore, the availability of all digital signatures at one place is requested to be ensured.)

 

The requirements of the DIN and DSC of the proposed directors of the company is as follows:

 

Requirements for DIN of Indian National;

• id
• Mobile
• Education Qualification
• Current Occupation
• Self attested copy of PAN
• Self attested copy of valid address proof (Adhaar card, Driving Licence, Passport, etc)
• DSC*
• Passport size photograph

 

 

Following are the requirements for obtaining DSC:

 

• Photograph of the applicant in JPEG
• Copy of PAN and valid address proof (Driving Licence, Passport, Adhaar, Voter Card) in one PDF
• Email Id of the
• Mobile Number of the

 

Procedure:

• At the time of processing of DSC application OTP’s will be sent to the email id and mobile number of the The OTPs will be valid for only 10 minutes.
• Once these OTP’s are verified another OTP will be sent to the mobile number of the
• On the successful processing of the application applicant will receive video verification link on their email id.
• Applicant will have to do his/her video verification by clicking on the link received and following the instructions on the screen.
• At the time of recording the applicant will have to show their original PAN card and address proof as provided at the time of

 

 

STEP III: COMMENCEMENT OF BUSINESS

 

Upon incorporation of the Company the shareholders (subscribers of memorandum of association) will have to deposit amount equivalent to their subscription in the Bank Account of the Company within 180 days of incorporation and a return is required to be filed with the Ministry of Corporate Affairs in this regard. It must be noted unless such return is filed the company cannot start its business operations.