How to Start a Company? - By Nidhi Baglikar

What is a Company-    • What is a Company? - By Nidhi Baglikar   Types of Companies -    • Types of Companies - By Nidhi Baglikar   The first step for the registration of a Private Limited Company is to obtain Director Identification Number (DIN) for the proposed Directors in the Private Limited Company. SPICe Form- Company Registration Procedure This form is segregated into two parts: • Part -A: Name Application The user has the flexibility to apply for Part A & Part B together. He should do that only when he is sure of the name availability for which he has applied. If he is unsure, he must apply for Part A separately Part B: Procedure for incorporation Once the name applied in Part A gets approved, the details automatically get prefilled in Part B in all the linked forms. Then, fill in all necessary details in all linked forms such as AGILE-PRO, SPICe+ MOA, SPICe+ AOA, URC-1 (applicable in the case of conversion) INC-9 (as per applicability). Companies have to apply for the bank account also through this form only and You also have to take mandatory registrations like EPFO, ESIC, Professional tax through this form only. Additionally, you can get GST registration through the same form, but it is not necessary. Mandatory Attachments • Directors and subscribers KYC documents such as Aadhar Card, Pan Card, Proof of address (not older than 2 months), photo, passport, etc. • Director Consent through form DIR-2 • Registered Address proof such as Rent Agreement, Property Tax Receipt, NOC, and Bill (Not older than 2 months). Pre-scrutiny and Submission of the Incorporation Forms In the end, after everything is done, pre scrutinize the form. Once it is successful, submit the form. After that, download the Spice+ Form and all other forms linked to Spice, affix the DSC, and upload the same over the MCA portal. f. Resubmission/ Approval On approval of SPICe forms, the Certificate of Incorporation is issued with PAN as allotted by the Income Tax Department. An electronic mail with Certificate of Incorporation as an attachment along with PAN and TAN is also sent to the user. Further PAN card shall be issued by the Income Tax Department. On the other hand, the authority can raise queries and send forms for resubmission. Then, you have to provide all asked information, clarification, and documents. Then again, download the updated Spice+ Form and other linked forms, affix the DSC, and re-upload the same over the MCA portal.