Incorporating a company offers several benefits, including protection of personal assets, easier access to funding, perpetual existence, and structured operations. Depending on business needs, different types of companies can be registered, such as a Private Limited Company, Public Limited Company, One Person Company (OPC), or Limited Liability Partnership (LLP).
Forms Required for Incorporating a Company in India
When incorporating a company, several forms must be filed
with the Ministry of Corporate Affairs (MCA). Below is a list of the
essential forms along with their purposes:
§ SPICe+
(INC-32) – Main incorporation form
§ e-MoA
(INC-33) – Electronic Memorandum of Association
§ e-AoA
(INC-34) – Electronic Articles of Association
§ AGILE-PRO
(INC-35) – GST, EPFO, ESIC, Professional Tax, and Bank Account
registration.
§ INC-9 –
Declaration by directors and subscribers
§ DIR-12 (if
applicable) – Appointment of directors
To incorporate a company in India, you must file SPICe+
(Simplified Proforma for Incorporation of Company Electronically) on the
MCA portal.
SPICe+ consists of two parts:
✅ Part
A – Name Approval
✅ Part B – Incorporation
of Company
Note:
The reservation of a company name through
SPICE+ Part A is optional. Applicants may either secure name approval
separately before proceeding with incorporation or directly file SPICE+ Part B,
where name approval and incorporation are processed together.
Step-by-Step Process for Company Incorporation
Step 1: Name Reservation (SPICe+ Part A)
Ø Login
to MCA Website:
- Go
to https://www.mca.gov.in/content/mca/global/en/foportal/fologin.html.
- Login using Business User credentials (or create an account if new).
- Go
to "MCA Services" > "Company e-Filing" >
"Incorporation & Changes" > "SPICe+".
Ø Enter
Required Details:
- Class
of Company (Private, Public, OPC).
- Category
(Limited by Shares, Limited by Guarantee, Unlimited).
- Sub-category
(Union Government, State Government, Non-Government, Subsidiary of a
Foreign Company).
- Main
Industrial Activity (Enter relevant NIC Code).
- Description
of Business Activity.
- Proposed Company Name (Can submit up to two options).
Ø Check
Name Availability:
- Ensure
the name does not contain prohibited words (as per Section 4(2)
& (3) of the Companies Act, 2013).
- Conduct a Trademark Search to avoid rejection.
Ø Attach
Supporting Documents (If required)
- If
the name requires Sectoral Regulator Approval or NOC, attach the
supporting document.
- Upload
documents in PDF format.
"After entering the required details and
submitting the form, you can either pay the ₹1,000 fee for name reservation
through SPICE+ Part A or proceed directly with incorporation. Click on the
appropriate option to continue."
Step 2: Fill SPICe+ (Part B) for
Incorporation
A. Prepare Required Documents
Before filling out SPICE+ Part B, gather the following
documents:
- Digital
Signatures (DSC) – Required for all subscribers and
directors.
- Registered
Office Proof – Rent Agreement/Lease Deed/Ownership
Proof.
- Utility
Bill (Electricity, Water, Gas, or Telephone Bill)
– Not older than two months.
- NOC
from Property Owner – If the registered office is on
rented premises.
- Identity
& Address Proof of Directors/Subscribers:
- PAN
Card (Mandatory)
- Aadhar
Card/Voter ID/Passport/Driving License (Any one)
- Latest
Bank Statement/Utility Bill (Any one, not older
than two months)
- Photographs
of two authorized persons for EPFO, ESIC, and
Bank Account.
B. Fill SPICE+ Part B Form
- Fill
in the company’s details and registered office address (Latitude &
Longitude required).
- Provide
PAN & TAN details (Mandatory).
- Fill
details of Directors & Subscribers.
- Generate
Linked Forms after saving the information.
C. Prepare MOA & AOA (INC-33 &
INC-34)
- Memorandum
of Association (MOA - INC-33) and Articles of
Association (AOA - INC-34) need to be filled and signed digitally.
- Information
common in SPICE+ Part B will be auto-filled.
D. Fill AGILE-PRO (INC-35) for GST, EPFO,
ESIC & Bank Account
- GST
Registration – Select "Yes" if applicable.
- EPFO
& ESIC Registration – Mandatory.
- Bank Account Opening – Required; the system will auto-assign a branch near the registered office.
Important Points:
- Provide
details of two authorized persons (directors or outsiders) for
ESIC, EPFO, and bank account.
- Attach
photographs, mobile number, and email ID of authorized persons.
- OTP
verification required.
- Mention
jurisdiction of the police station and EPFO/ESIC office details.
- The
same person signing SPICE+ Part B must sign AGILE-PRO.
E. Fill INC-9 (Declaration Form)
- INC-9
is auto-generated and must be digitally signed by directors and
subscribers.
- It
is not web-generated if:
- Any
director/subscriber does not have both DIN & PAN.
- The
total number of directors + subscribers is more than 20.
F. Download & Sign PDF Forms
- After
completing all web-based forms (SPICE+ Part B, MOA, AOA, AGILE-PRO,
INC-9), download them.
- Obtain
Digital Signatures (DSC) from directors, subscribers, and professionals
(CA/CS/CMA).
G. Upload Forms on MCA & Make Payment
- Upload
the digitally signed forms as linked forms on the MCA portal.
- Make
the required payments.
H. Certificate of Incorporation
- Once
approved, the Registrar of Companies (ROC) issues the Certificate
of Incorporation (INC-11).
- The
Permanent Account Number (PAN) of the company is mentioned on the
certificate.
0 Comments