How to Register a Private Limited Company in India
To register a private limited company in India, you need to follow the steps outlined below:
- Obtain Digital Signature Certificate (DSC):
- The first step is to obtain Digital Signature Certificates (DSC) for all the proposed directors of the company. DSC is used to digitally sign the electronic documents during the registration process.
- Director Identification Number (DIN):
- Each proposed director must obtain a Director Identification Number (DIN) from the Ministry of Corporate Affairs (MCA). This can be done by filing Form DIR-3 online.
- Name Reservation:
- Perform a name availability check through the MCA portal or by using the RUN (Reserve Unique Name) service. Choose a unique and suitable name for your company, adhering to the naming guidelines specified by the MCA.
- File Form SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) for name reservation along with the required details.
- Memorandum of Association (MoA) and Articles of Association (AoA):
- Prepare the MoA and AoA of the company. These documents outline the objectives, rules, and regulations of the company.
- The MoA and AoA can be prepared in the prescribed format and attached as part of the incorporation process.
- SPICe+ Form Filing:
- File Form SPICe+ for incorporation of the company. This form combines several processes, including DIN allotment, name reservation, and incorporation application.
- Provide the necessary details, such as director and shareholder information, registered office address, share capital details, and other relevant information.
- PAN and TAN Application:
- After the company is incorporated, apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the company through the NSDL website or authorized service providers.
- Obtain Certificate of Incorporation (CoI):
- Once the MCA verifies and approves the incorporation documents, a Certificate of Incorporation (CoI) is issued. The CoI confirms the formation and registration of the company, along with the unique Corporate Identification Number (CIN).
- Post-Incorporation Compliances:
- Complete post-incorporation compliances, such as obtaining the PAN and TAN, opening a bank account, issuing share certificates, maintaining statutory registers, and complying with other applicable registrations and compliances.
It's important to note that the registration process and requirements may vary based on the specific circumstances and regulatory changes. It is advisable to consult with professionals, such as company secretaries or legal advisors, who can guide you through the registration process, ensure compliance with the relevant laws and regulations, and assist with the documentation and filing requirements.