Formation of a Private Limited Company

    Minimum requirements:
  • Minimum 2 Shareholders
  • Minimum 2 Directors
  • The directors and shareholders can be same person
  • Minimum Share Capital shall be Rs. 100,000 (INR One Lac)
  • DIN (Director Identification Number) for all the Directors
  • DSC (Digital Signature Certificate) for one of the Directors

Steps involved in formation of an Indian Private Limited Company

Step No.

Steps
Timeframe (Working days)
Processing
1
DSC
2
Documents required Self attested:

• Address proof
• Identity proof

2
DIN Approved DIN is a pre-requisite for incorporation process
5

Apply for DIN and get a provisional DIN

• 


• 
Certification/Attestation of Director’s personal details

Sending the same to the DIN Cell and getting it approve
3
Pre- Name Application Search
--
• 


• 
The Promoters have to provide atleast 6 (Six) names in the order of priority.

To make an online search of availability of names as desired by the Promoters
4
Application for Name Availability

• 6 names for the proposed Company

• Main Object Clause

6
To draft the Main Object Clause to be pursued by the Company after incorporation.

5
Representations before RoC on behalf of Promoters

1
Changes to be made in the Name application, if any, suggested by the RoC
6
Documents required

• 
Printing of Altered Memorandum and Articles of Association (MOA / AOA)

Other Forms like:

• Form 32
• Form 18
• Form1
• Letter of Authority/PoA

2
Drafting the MOA & AOA and after getting it vetted by Promoters, sending it for printing. • Processing of eForms: Stamping of documents namely:

• MOA
• AOA
• Letter of Authority/PoA
• Form1
7
Final Process:
• 
Filing all the above documents with the ROC, follow up with the ROC, making changes to the MOA / AOA/otherIncorporation
documents as suggested by the ROC
4
• Online uploading of e-Forms
• Payment of Registration fees
• Collecting the Certificate of Incorporation