Procedure for the Company Registration:
The foremost requirement for all types of companies is to acquire Digital Signature of all the directors and subscribers to the memorandum. Next step is to obtain DIN of directors by filling DIR-3. It is a unique identification number, given by the Ministry to the persons who are acting as a director in the company.
After the completion of the above two requirements, the Promoters of the Company can file an application in form INC-1 in which maximum six names, can be filled in order to their preference for the reservation of name of the proposed company. Once the name gets approved, then it became reserved for the company for 60 days within which, they have to apply for the Company Registration otherwise, it can be withdrawn by the Ministry. Once the name gets approved, then Promoters has to apply for Certificate of Incorporation by filling spice form which is accompanied by Spice MOA and Spice AOA along with necessary attachments as prescribed in it. While submitting these forms, Promoters has to pay stamp duty as applicable according to the case of concerned state on the portal. Once the application is filled then PAN and TAN form will be generated online, that has to be submitted while affixing DSC on MCA.
Once the form has been filled, a Certificate of Incorporation is granted by the registrar of companies, after the verification of all the documents. Once the COI is granted, then the company can start its business activity as it’s a proof of the existence of the company. Hence, its incorporation process is completed. Whereas in case of OPC all procedure is same only, in addition to it a nominee consent is required in form INC-3.
Whereas, the procedure of Section - 8 Company Registration slightly differs. After name approval process, the promoters have to apply for the issuance of a license in Form INC-12 along with the documents prescribed in form. Once form gets to approve, the license is issued in form INC-16. After getting a license, application for incorporation is filled in Form INC-7, DIR-12, and INC-22 along with the documents prescribed. Once the Registrar is satisfied with the forms, Certificate of Incorporation is issued.
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