INCORPORATION OF COMPANY

Company – According to Section 2(20) of the Companies Act, 2013 “company” means a company incorporated under this Act or under any previous company law;

A company may be formed for any lawful purpose by—

(a) seven or more persons, where the company to be formed is to be a public company;

(b) two or more persons, where the company to be formed is to be a private company; or

(c) one person, where the company to be formed is to be One Person Company that is to say, a private company,

by subscribing their names or his name to a memorandum and complying with the requirements of this Act in respect of registration:

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Process to Incorporate Company:

    • Proposed two names of Company

    • Proposed objects of Company

      1. Obtain Digital Signature Certificate

      1. Choose and Reserve a Name:

      Choose a unique name for the Company and apply for name reservation through the SPICE PART-A service. The name must comply with naming guidelines and should not conflict with existing trademarks or company names.

      Information Required:

    1. Filing of Incorporation Documents- Submit Form SPICE PART-B (Form for Incorporation of Company) along with the required documents.

    Docs Required:

    • Aadhaar Card and Pan Card of each Director

    • Identity Proof of each Director I.e. Voter ID, Passport, Driving License etc.

    • Contact No, Email id, Photograph and occupation and educational Qualification of each Director

    • Residence proof of each Director I.e. Latest Bank Statement/ Electricity Bill etc.

    • Proof of Registered Office Address I.e. Latest Electricity Bill/ Mobile Bill not older than 2 Months etc.

    • Proof of Registered Office Address I.e. Rent Agreement (if Property is rented), Sale Deed (if property is self-owned) etc.

    • Contact No. and Email Id of Company

    • Authorized Capital of the Company.

    1. Get the Certificate of Incorporation

    Once the Registrar approves your application, you’ll receive a Certificate of Incorporation and your LLP will be legally registered.

Timeline:

The Duration is approximately 1-2 weeks after name reservation.

Conclusion:

Incorporating a company especially a Private Limited Company—offers a robust and structured framework for building a scalable and credible business

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