Company Formation in India | A step by step guide

 learn how to register a Private Limited Company. A step by step guide on Company formation in India

Steps to be taken to get incorporated a private limited Company:

• Selection of Name for your company is the first step you have to do.You have to fill up form 1A to apply the name. The ROC will
• Ensure that the name does not resemble the name of any other company already registered and also does not violate the provisions of Emblems and Names (Prevention of Improper Use) Act, 1950.Also, you can not register a new company with the name of an existing company. This is one of the biggest benefits of registration of business as a company.
• Apply to the concerned ROC to ascertain the availability of a name in the General Rules and Forms along with the prescribed fees. If the proposed name is not available apply for a fresh name on the same application. You can browse www.mca.gov.in to know about the fees structure
• Arrange for the drafting of the Memorandum and Articles of Association with the help of some professionals, the vetting of the same by the ROC and the printing of the same.
• Arrange for the stamping of the Memorandum and Articles with the applicable stamp duty. Now stamping can be done electronically.
• Get the Memorandum and Articles signed by at least two subscribers in his own hand, his father's name, occupation, address and the number of shares subscribed for and witnessed by at least one person.
• Get the following forms duly filled up and signed:
  • Declaration of Compliance
  • Notice of the situation of the registered office of the company
  • Particulars of the Directors etc.
• Present the following documents to the ROC with the filing fee and the registration fee:
  • The stamped and signed copies of the Memorandum and Articles of Association (3 copies).
  • Form-1, 18 & 32 in two copies
  • Any agreement referred to in the M & A.
  • Name availability letter issued by the ROC.
  • Pay the Registration and Filing Fee by Demand Draft/Banker's Cheque if it exceeds Rs.1000/-
  • Obtain the Certificate of Incorporation from ROC.
  Now, your company is registered and you can go on with your new venture.