Pvt Limited Company Formation

Step 1: Obtain Digital Signature Certificate (DSC): All proposed directors must obtain a DSC to digitally sign incorporation forms, applications, and official documents.

Step 2: Apply for Director Identification Number (DIN): Every director must have a valid DIN, which can be obtained while filing the SPICe+ form or separately through the MCA portal.

Step 3: Reserve Company Name: Submit one or two unique name options through the RUN (Reserve Unique Name) or SPICe+ Part A form for approval from the Ministry of Corporate Affairs (MCA).

Step 4: Prepare Incorporation Documents: Draft the Memorandum of Association (MOA) and Articles of Association (AOA) along with affidavits, declarations, and consent letters from directors and subscribers.

Step 5: File SPICe+ Form with MCA: Upload and submit the SPICe+ (INC-32) form online along with MOA, AOA, PAN, TAN, and other required documents for registration.

Step 6: Receive Certificate of Incorporation (COI): Upon approval, the Registrar of Companies (ROC) issues the COI, which officially establishes the company and provides a Corporate Identity Number (CIN).

Step 7: PAN and TAN Allotment: The company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) are automatically generated and issued with the COI.

Step 8: Open a Business Bank Account: Use the COI, PAN, and other KYC documents to open a current account in the company’s name to begin financial transactions and operations.