Incorporation of Private Limited Company in India

Basic Requirements

1. At Least Two Directors
2. At Least Two Shareholders/Subscribers
3. Minimum Paid Up Capital Rs. 1/- Lac

Procedure

Step 1: Required Digital Signature & DIN No. for Every Proposed Director

The documents required for DIN & Digital are

a. Copy of PAN Card
b. Copy of Address Proof (VOTER, PASSPORT, DL, AADHAAR etc.)
c. One Passport Size Photo
d. Affidavit from Every Proposed Director duly notarized in prescriber format (FOR DIN)
e. Signed Form (For Digital Signature)

Step 2: Application for Company Name in prescribed form (INC-1) online on web portal mca.gov.in
Before application for name we have to be sure that proposed name is not matched with the already existing incorporated company.

Step 3: Application for Company Incorporation

Three E-Forms is required to be filed after approval of name i.e. INC-7 (For MOA & AOA), INC-22 (Registered Office) & DIR-12 (Directors Appointment)

Before Preparation of above forms we must have these information/ documents in our hand

A. Required Information for all the proposed Directors


a. Place of Birth
b. Education
c. Personal Mobile No.
d. Personal Email Id
e. Landline No.
f. Duration of stay at present Address
g.Proof Of Identity must be one out of: Voter or Passport or DL or Aadhaar
h.Proof of Resi must be one out of: Bank Statement or Electricity Bill or Telephone Bill or Mobile Bill
i. Consent Letter in prescribed format DIR-2
j No. of Shares to be held
k Signature Specimen in prescribed format INC-10 duly notarized with photograph
l Affidavit regarding incorporation duly notarized in INC-9 format
m Pan Card from all the Directors


B. Registered Office Address proof must be one out of: Telephone Bill or Gas Bill or Electricity Bill or Mobile Bill (These bills not older than 2 months)

C. One Another Proof of Registered Office i.e. Title Deeds or Lease Deed or Rent Agreement along with rent receipts.

D. Proposed Main Object of the Company

E. Tables for incorporation with photograph duly filled by directors own handwriting.

If all the above documents are in order then the concerned registrar of companies will approve the same and the company will be incorporated.

Step 4: After Incorporation of the Company we have to file an eform for Commencement of Business

1. You have to open a bank account and deposit the amount for shares subscribed
2. Appointment of Statutory Auditor of the Company.
3. Form INC-21 is required to be filed for commencement

Related Acts & Rules:

Companies Act, 2013 and its rules
Any other act as the case may be

Thanks & Regards
CS Nikhil Kalra
csnikhilkalra@gmail.com