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8 Steps: Company Incorporation in India

Incorporating a company in India

Incorporating a company in India involves several steps. Here is a step-by-step guide:

  1. Obtain Digital Signature Certificate (DSC): The first step is to obtain a digital signature certificate (DSC) for the proposed directors of the company. This can be obtained from a government-approved agency.
  2. Obtain Director Identification Number (DIN): The next step is to obtain a Director Identification Number (DIN) for the proposed directors. This can be done online through the Ministry of Corporate Affairs (MCA) portal.
  3. Name Approval: The proposed company name needs to be approved by the Registrar of Companies (ROC). A maximum of six names can be submitted in order of preference, and the name should be unique and not similar to an existing company.
  4. Memorandum of Association (MOA) and Articles of Association (AOA): The MOA and AOA are the charter documents of the company, which outline its objectives, powers, and internal regulations. These documents need to be drafted and filed with the ROC.
  5. Filing of Incorporation Forms: The next step is to file the incorporation forms, which include Form SPICe (Simplified Proforma for Incorporating Company Electronically) and Form INC-32 (Integrated Incorporation Form). These forms contain details of the proposed directors, shareholders, and registered office of the company.
  6. Payment of Fees: The registration fees need to be paid online through the MCA portal.
  7. Obtain Certificate of Incorporation: Once the ROC is satisfied with the documents and fees, it will issue a Certificate of Incorporation, which officially registers the company.
  8. Obtain Permanent Account Number (PAN) and Tax Account Number (TAN): The final step is to obtain a PAN and TAN for the company from the Income Tax Department.

In summary, the steps to incorporate a company in India are:

  1. Obtain Digital Signature Certificate (DSC)
  2. Obtain Director Identification Number (DIN)
  3. Name Approval
  4. Memorandum of Association (MOA) and Articles of Association (AOA)
  5. Filing of Incorporation Forms
  6. Payment of Fees
  7. Obtain Certificate of Incorporation
  8. Obtain Permanent Account Number (PAN) and Tax Account Number (TAN)

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