Company Incorporation / Registration India
Company registration in India is regulated by the Companies Act, 1956 and is administered by the Ministry of Corporate Affairs (MCA - www.mca.gov.in) through the Offices of Registrar of Companies (ROC) in each State.
Types of companies that can be registered in India are Private Companies and Public Companies.
Company Registration process starts by filing of name application with the ROC. Once, name is allotted, company registration documents have to be prepared and filed with respective ROC for registration. Up on scrutiny of documents, in a day or two the ROC registers the Company and issue the Certificate of Incorporation.
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How to setup a company in India
Steps to be taken to get incorporated a private limited company:-
- Ensure that the name does not resemble the name of any other company already registered.
- Apply to the concerned ROC to ascertain the availability of name in Form-1 A along with a fee of Rs.500/-. If proposed name is not available apply for a fresh name on the same application.
- Drafting of the Memorandum and Articles of Association, vetting of the same by ROC and printing of the same.
- Stamping of the Memorandum and Articles with the appropriate stamp duty.
- Get the Memorandum and Articles signed by atleast two subscribers in his own hand, his father’s name, occupation, address and the number of shares subscribed for and witnessed by atleast one person.
- Get the following forms duly filled up and signed:-
- Declaration of compliance – Form-1
- Notice of situation of registered office of the company – Form-18.
- Particulars of Director, Manager or Secretary – Form-32.
- Present the following documents with ROC with filing fee and registration fee:-
- Declaration of compliance – Form-1
- Form-1, 18 & 32 in duplicate.
Name availability letter issued by ROC. - Power of Attorney from the subscribers in favour of any person for making corrections on their behalf in the documents and papers filed for registration.
- Obtain Certificate of Incorporation from ROC.
Additional Steps to be taken for formation of a Public Limited Company
Consent of Directors to act as such in Form No.29.
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Other Requirements of the private limited company:
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