{"id":14967,"date":"2018-10-22T13:33:57","date_gmt":"2018-10-22T13:33:57","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=14967"},"modified":"2026-04-03T18:00:01","modified_gmt":"2026-04-03T12:30:01","slug":"company-incorporation-procedure-india","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/","title":{"rendered":"Everything you need to know about the Company Incorporation Procedure in India"},"content":{"rendered":"<div class=\"index\">\n<div style=\"padding: 10px; margin: 20px 0; border: 1px solid #ccc; background: #f2f3f4; text-align: justified;\">\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Company_Incorporation_Procedure\" title=\"Company Incorporation Procedure\">Company Incorporation Procedure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Company_Incorporation_Procedure_Steps\" title=\"Company Incorporation Procedure: Steps\">Company Incorporation Procedure: Steps<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Deciding_the_Proper_Business_Structure\" title=\"Deciding the Proper Business Structure.\">Deciding the Proper Business Structure.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Private_Limited_Company\" title=\"Private Limited Company\">Private Limited Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Limited_Liability_Partnership\" title=\"Limited Liability Partnership\">Limited Liability Partnership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Sole_Proprietorship\" title=\"Sole Proprietorship\">Sole Proprietorship<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Public_Company\" title=\"Public Company\">Public Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#One_Person_Company\" title=\"One Person Company\">One Person Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#NBFC_Private_Limited_Company\" title=\"NBFC (Private Limited Company)\">NBFC (Private Limited Company)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Directors_Digital_Signature_Certificate_DSC\" title=\"Directors&#8217; Digital Signature Certificate (DSC)\">Directors&#8217; Digital Signature Certificate (DSC)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#File_for_Name_Approval_Check_Name_Availability\" title=\"File for Name Approval \/ Check Name Availability\">File for Name Approval \/ Check Name Availability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Incorporation_Procedure\" title=\"Incorporation Procedure\">Incorporation Procedure<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#How_long_does_the_company_incorporation_procedure_take\" title=\"How long does the company incorporation procedure take?\">How long does the company incorporation procedure take?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Documentation_for_Company_Incorporation_Procedure\" title=\"Documentation for Company Incorporation Procedure\">Documentation for Company Incorporation Procedure<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Indian_Resident_Directors\" title=\"Indian Resident Directors\">Indian Resident Directors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Foreign_Directors\" title=\"Foreign Directors\">Foreign Directors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Registered_Office_Address\" title=\"Registered Office Address\">Registered Office Address<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Shareholder_Information_Individuals\" title=\"Shareholder Information (Individuals)\">Shareholder Information (Individuals)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Shareholder_Information_Corporate_Bodies\" title=\"Shareholder Information (Corporate Bodies)\">Shareholder Information (Corporate Bodies)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.legalraasta.com\/blog\/company-incorporation-procedure-india\/#Company_Incorporation_Procedure_Fees\" title=\"Company Incorporation Procedure Fees\">Company Incorporation Procedure Fees<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Company_Incorporation_Procedure\"><\/span><strong>Company Incorporation Procedure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#steps\">Steps of Company incorporation<\/a><\/span>\n<ul>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#structure\">Business Structure<\/a><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#dsc\">DSC<\/a><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#name\">Name Approval<\/a><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#procedure\">Incorporation Procedure (SPICe and FiLLiP)<\/a><\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#time\">How long does it take to form a company?<\/a><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#docs\">Documentation<\/a><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"#money\">Company Incorporation\u00a0 Procedure Fees<\/a><\/span><\/li>\n<\/ol>\n<\/div>\n<p style=\"text-align: justify;\">Got a great startup idea? Everybody seems to have one these days and nothing should stop you from pursuing your dream as well. But before you can start with any operations, you have to legally register as a business under the government rules so as to avoid any hiccups in executing your idea. So with this comprehensive guide, we wish to help you get acquainted with the company incorporation procedure specifically tailored to India. What&#8217;s the procedure? What&#8217;s are the documents required? What are the governing authorities? Let&#8217;s look at this and more and help you get a head start with <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/private-limited-company-registration\/\" rel=\"noopener\">starting your company<\/a><\/span>.<\/p>\n<p style=\"text-align: justify;\">In India, the Ministry of Corporate Affairs (MCA) looks over the company incorporation procedure and legalities related to it. Most companies in India like <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/characteristics-of-private-limited-company\/\">Private Limited Companies<\/a><\/span>,\u00a0 <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/www.legalraasta.com\/what-is-sole-proprietorship\/\" rel=\"noopener\">Sole Proprietorships<\/a><\/span>,\u00a0 <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/public-limited-company-registration\/\">Public Company,<\/a><\/span>\u00a0 <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/blog\/classification-of-nbfcs-in-india\/\">NBFC<\/a><\/span>\u00a0 among others come under the jurisdiction of the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/companies-act-2013\/\">Companies Act, 2013<\/a><\/span>. An exception to this is <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/limited-liability-partnership\/\" rel=\"noopener\">Limited Liability Partnerships<\/a><\/span> (LLPs). These come under the LLP Act, 2008. Because of this, many procedures for LLPs are different as compared to most companies. Lets take a brief look at the graphical company incorporation procedure.<\/p>\n<div id=\"attachment_15351\" style=\"width: 1010px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1.png\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-15351\" class=\"size-full wp-image-15351\" src=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1.png\" alt=\"Company Incorporation procedure\" width=\"1000\" height=\"550\" srcset=\"https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1-200x110.png 200w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1-300x165.png 300w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1-400x220.png 400w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1-600x330.png 600w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1-768x422.png 768w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1-800x440.png 800w, https:\/\/www.legalraasta.com\/blog\/wp-content\/uploads\/2018\/10\/RUN_RUN-LLP1.png 1000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a><p id=\"caption-attachment-15351\" class=\"wp-caption-text\">Company Incorporation Procedure<\/p><\/div>\n<h2 id=\"steps\"><span class=\"ez-toc-section\" id=\"Company_Incorporation_Procedure_Steps\"><\/span><strong>Company Incorporation Procedure: Steps<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At a glance, company incorporation procedure might seem daunting. However, it is a very simple procedure if you follow it step for step. Lets look at the steps and how you can go about forming your company and getting started on your idea.<\/p>\n<ul>\n<li style=\"text-align: justify;\">\n<h3 id=\"structure\"><span class=\"ez-toc-section\" id=\"Deciding_the_Proper_Business_Structure\"><\/span><strong>Deciding the Proper Business Structure.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This is a big step when you get started with the procedure to incorporate your company. This basically decides the direction your company will take, whether you&#8217;re open to investments, whether you want to restrict liability, whether you want to go solo it all depends on what you think will be best for your startup. Based on the decision you take, you can form the following types of companies in India.<\/p>\n<ul>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Private_Limited_Company\"><\/span><strong>Private Limited Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Minimum number of Shareholders<\/strong>:\u00a0 2<br \/>\n<strong>Limited Liability<\/strong>: In case the company is incurring losses, members only have to pay as much as their shares value.<br \/>\n<strong>Perpetual Succession<\/strong>: Company keeps on existing even after death or exit of directors<br \/>\n<strong>Authorized Capital<\/strong>: Minimum Rs. 1 lakh. Read more about <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/authorized-share-capital\/\">Authorized Capital<\/a><br \/>\n<\/span>Shareholding: Shareholding in Private Limited Company is closed, they cannot attract investments or trade shares to the public.<\/p>\n<p><strong>Exemptions: <\/strong>Private Limited Companies are entitled to many compliance and operational exemptions. Read: <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.legalraasta.com\/blog\/exemptions-private-limited\/\">Exemptions Private Limited Companies<\/a><\/span>.<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Limited_Liability_Partnership\"><\/span><strong>Limited Liability Partnership<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Minimum Number of Shareholders<\/strong>: 2<br \/>\n<strong>Limited Liability<\/strong>: Similar to Private Limited Limited Companies<br \/>\n<strong>Lenient Taxation Scheme: <\/strong>LLPs are taxed as a Partnership firm <strong><br \/>\n<\/strong> Organizational Flexibility<br \/>\n<strong>Shareholding<\/strong>: LLPs have open shareholding\u00a0 which means they can attract investments\u00a0 as well as trade shares to the public<br \/>\n<strong>Perpetual Succession<\/strong>: Similar to Private Limited Company<br \/>\n<strong>Authorized Capital: <\/strong>Minimum Rs. 1 lakh, Similar to Privat Limited Company<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Sole_Proprietorship\"><\/span><strong>Sole Proprietorship<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Most flexible business structure<br \/>\nSolo Traders<br \/>\nTotal Control over decision making<br \/>\nEasy Winding up Procedure<br \/>\nMarginal Tax Rate<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"Public_Company\"><\/span><strong>Public Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Limited Liability<br \/>\nStakeholder Involvement<br \/>\nCan attract investments, as well as, the shareholding is open<br \/>\nGreat for growth standpoint can offer securities such as debt or equity<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"One_Person_Company\"><\/span><strong>One Person Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>One member\/ One Shareholder<br \/>\nIt is treated as a Private Limited Company<br \/>\nNo need to hold the Annual General Meeting (AGM)<br \/>\nHave to appoint a nominee for succession<\/li>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"NBFC_Private_Limited_Company\"><\/span><strong>NBFC (Private Limited Company)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Financial Organisation<br \/>\nLoans to the public<br \/>\nInvestment Companies, Loan companies providing\u00a0 loans in a convenient fashion<br \/>\nGoverned by RBI and MCA both<\/li>\n<\/ul>\n<p class=\"entry-title fusion-post-title\" data-fontsize=\"30\" data-lineheight=\"37\">You can go ahead and read the comprehensive guide to the\u00a0 <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/business-structures\/\">Business Structures in India<\/a><\/span> for more information. If you&#8217;re still confused about the business structure, Go ahead and read some of these articles for further clarity<\/p>\n<ul>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/blog\/llp-better-private-limited-company\/\" rel=\"noopener\">When to choose LLP over Private Limited Company<\/a><\/span><\/li>\n<li><a href=\"https:\/\/www.legalraasta.com\/blog\/opt-private-limited-company-llp\/\"><span style=\"color: #0000ff;\">When to choose Private Limited Company over LLP<\/span><\/a><\/li>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/blog\/opt-private-limited-company-over-proprietorship\/\">Why opt Private Limited Company over Proprietorship<\/a><\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\">\n<h3 id=\"dsc\"><span class=\"ez-toc-section\" id=\"Directors_Digital_Signature_Certificate_DSC\"><\/span><strong>Directors&#8217; Digital Signature Certificate (DSC)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/digital-signature\/\">Digital Signature Certificate<\/a><\/span> or DSC for short is the physical signature in a digital format used for online validation and filing tax returns and other legalities.\u00a0 To form a company, first, you have to appoint a Director. Check Out: <a href=\"https:\/\/www.legalraasta.com\/appointment-of-director\/\" rel=\"noopener\"><span style=\"color: #0000ff;\">Appointment of Directors<\/span> <span style=\"color: #0000ff;\">as per the Companies Act<\/span> <\/a>and the various<a href=\"https:\/\/www.legalraasta.com\/types-of-directors\/\"><span style=\"color: #0000ff;\"> Types of Directors<\/span><\/a>. Once you have appointed your directors,\u00a0 you have to obtain the digital signatures.<\/li>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"File_for_Name_Approval_Check_Name_Availability\"><\/span><strong>File for Name Approval \/ Check Name Availability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A very important aspect of your company is deciding a name and getting the name approval. While you might have an idea for a very funky, innovative name, someone in your industry might already have registered the same name for their company. Thus, it is pivotal to perform a company name search in order to avoid any conflicts. It could also lead to a lot of legal troubles as man times these companies have done a <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/trademark-registration\/\" rel=\"noopener\">Trademark Registration<\/a><\/span> on the company name. Therefore, check name availability before registering a name.<br \/>\nIf you&#8217;re sure no one has the name you&#8217;re proposing use the <strong>RUN (Reserve Unique Name) e-form<\/strong> to file for name approval. Filing for name approval can be done via the\u00a0<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/spice\/\" rel=\"noopener\">SPICe forms (INC-32)<\/a><\/span>, [Simple Form for Incorporating a Company] however, it is advisable to use the RUN service and provide the SRN in the SPICe forms. For LLPs, the separate<strong> e-form RUN-LLP<\/strong> has been released by the MCA.<\/p>\n<p>You can head over to the\u00a0 MCA portal to start your filing for name approval if you get confused on what to do, give us a call +91-8750008585 so that we can speed up the company registration procedure for you.<\/li>\n<li style=\"text-align: justify;\">\n<h3 id=\"procedure\"><span class=\"ez-toc-section\" id=\"Incorporation_Procedure\"><\/span><strong>Incorporation Procedure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The two basic things i.e. Name Approval and Digital Signature Certificates (DSC) will empower business owners to go for the next step i.e. Incorporation filing. The Incorporation filing for most companies is similar i.e Companies under the Companies Act, 2013. For these companies, the SPICe forms are used. The SPICe forms are facilitating <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/blog\/one-day-company-incorporation\/\">One-Day Company Incorporation<\/a><\/span> for companies under the Companies Act, 2013. The SPICe forms have integrated the following company registration procedures under 1 form.<\/p>\n<ul>\n<li><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/director-identification-number\/\" rel=\"noopener\">Obtaining DIN (Director Identification Number )<\/a><\/span><\/li>\n<li>Name Reservation<\/li>\n<li>Incorporation<\/li>\n<li>PAN Application [Section 49 A of the SPICe form (INC-32])<\/li>\n<li>TAN Number [Section 49B of the SPICe form]<\/li>\n<\/ul>\n<p>For LLPs, since they are governed by the LLP Act, the SPICe forms are not applicable and the company incorporation procedure for these firms is a little bit different. For LLPs, After obtaining the name approval via RUN-LLP, business owners have to Obtain the allotment of Director Identification Number(DIN) or DPIN(Designated Partner Identification Number) via the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/dir-3-kyc\/\">DIR-3 <\/a><\/span>e-KYC forms. Once DIN has been procured for LLP incorporation owners\/directors have to fill up the form <span style=\"font-weight: 400;\"> FiLLiP (Form for Incorporation of LLP)with concerned Registrar of Companies (ROC) in the area. In addition to this, the LLP partners have to file a Partnership agreement via form 3 within 30 days of the date of incorporation.<\/span><\/li>\n<\/ul>\n<h2 id=\"time\"><span class=\"ez-toc-section\" id=\"How_long_does_the_company_incorporation_procedure_take\"><\/span><strong>How long does the company incorporation procedure take?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Roughly about 7-8 days<\/strong>. While there is no guarantee or fixed time frame for how long it will take to form a company in India. We can roughly estimate in-total how much time the entire procedure will take. Though the government claims to have put in place, a simplified procedure to incorporate a company in one day, however, that is just the processing time of your SPICe form.<\/p>\n<p>There are documentation, as well as, preparations a business owner has to be ready with before they even file for incorporation.<\/p>\n<p>Let&#8217;s break down the Time required to incorporate a company in India from scratch.<\/p>\n<ul>\n<li>Preparing the Documents. [ 2-3 Days]<\/li>\n<li>Signing the Documents [1 Day]<\/li>\n<li>Processing DSC [2-3 Days]<\/li>\n<li>RUN\/ RUN-LLP form [1-2 days]<\/li>\n<li>Incorporation Processing[SPICe forms or <span style=\"font-weight: 400;\">FiLLiP forms<\/span>] [1 Day]<\/li>\n<\/ul>\n<p>The time for incorporation of the company is variable and depends on how ready are you for the incorporation processing.\u00a0 The sooner you are ready with all the formalities for your SPICe or FiLiP forms, the faster you can incorporate your company.<\/p>\n<h2 id=\"docs\"><span class=\"ez-toc-section\" id=\"Documentation_for_Company_Incorporation_Procedure\"><\/span><strong>Documentation for Company Incorporation Procedure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In addition to the filing formalities, the Directors\/ owners of the business have to produce a comprehensive list of documentation in order to successfully complete the company incorporation procedure. Let&#8217;s take a look at the list.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Indian_Resident_Directors\"><\/span>Indian Resident Directors<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>PAN Card.\u00a0 Head on over to<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/pan-card-registration\/\"> PAN Card Registration<\/a><\/span> if you still have to acquire a PAN Card.<\/li>\n<li>Address Proof<br \/>\nAddress proof should contain the name of the director as stated in the PAN Card. Any of the following documents qualify as an address proof.<\/p>\n<ul>\n<li>Aadhar Card<\/li>\n<li>Electricity Bill<\/li>\n<li>Driving License<\/li>\n<li>Ration Card<\/li>\n<li>Telephone bill<\/li>\n<\/ul>\n<\/li>\n<li>Residential Proof (To verify the current address of the director). If Residential proof and address proof are same then no requirement.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Foreign_Directors\"><\/span><strong>Foreign Directors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For foreign directors, all documents submitted should be no older than a year in their validity. Following is the list of documents.<\/p>\n<ul>\n<li>Passport<\/li>\n<li>Address Proof. The following qualify as Address proof for foreign nationals.\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Driving License<\/li>\n<li>Residence Card<\/li>\n<li>Bank Statement<\/li>\n<li>A government-issued form of identification containing the address<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>In case the document is in a foreign language, it should be translated by an official translator and notarized.<\/li>\n<li>Residential Proof: In addition to the address proof the foreign national directors should also submit a proof of current residence in the country.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Registered_Office_Address\"><\/span><strong>Registered Office Address<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Ministry of Corporate Affairs has mandated the maintenance of a registered office premise for newly registered companies. In order to verify the registered office address of the company following compliances have to be met by business owners.<\/p>\n<ul>\n<li>The registered document of title of the premises\u00a0 of the registered office<\/li>\n<li>The notarized copy of the lease\/rent agreement.<\/li>\n<li>NOC (No Objection Certificate ) from the landlord<\/li>\n<li>Proof of any utilities of services in the registered office such as telephone, gas electricity<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Shareholder_Information_Individuals\"><\/span>Shareholder Information (Individuals)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>All the shareholders of the company have to subscribe themselves with their registered address proof and other details to the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/memorandum-of-association-moa\/\" rel=\"noopener\">Memorandum of Association<\/a><\/span> (MoA) and <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/memorandum-and-articles-of-association\/#aoa\" rel=\"noopener\">Articles of Association<\/a><\/span> (AoA). The MoA and the AoA put together to contribute to what is called the constitution of the company. Constitution details the objectives and business activities of a company.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholder_Information_Corporate_Bodies\"><\/span><strong>Shareholder Information (Corporate Bodies)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In case the shareholder happens to be a corporate body for eg a company or an LLP then the body corporate must produce the certificate of incorporation along with a resolution of passed by the corporate body that they are subscribing to the shares of the company.<\/p>\n<p>The corporate body also has to produce documents like INC-9, their own MoA and AoA and the promoters of the organization should notarize said documents.<\/p>\n<h2 id=\"money\"><span class=\"ez-toc-section\" id=\"Company_Incorporation_Procedure_Fees\"><\/span><strong>Company Incorporation Procedure Fees<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">So there is one burning question every prospective business owner will have after going through the procedure for company incorporation i.e. What is the fees for starting your company? Let me tell you that the government fees for incorporating a company is <strong>ZERO<\/strong>. That&#8217;s right! No fees for incorporation will be required to be paid if you go via the government&#8217;s MCA portal.<\/p>\n<p>However, sometimes it can be a bit confusing procedure and you could easily get lost on the website. Consider taking professional help with the expert help of CA\/CS experts at <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\" target=\"_blank\" rel=\"noopener noreferrer\">LegalRaasta<\/a><\/span>, where we help simplify your legal journey. Get started with cost-effective packages swift and streamlined company incorporation procedures. After Incorporation you also might need services like <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/taxraahi.com\/gst\" target=\"_blank\" rel=\"noopener noreferrer\">GST registration<\/a><\/span>, <a href=\"https:\/\/www.legalraasta.com\/gst-return\/\"><span style=\"color: #0000ff;\">GST Returns<\/span><\/a> filing as well as <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.legalraasta.com\/trademark-registration\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trademark registration<\/a><\/span> your company. Call <span style=\"color: #0000ff;\">+91-8750008585<\/span> or you can fill up the form on your right by selecting the &#8220;company registration&#8221; service and providing us with your details. All the best for your venture!<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company Incorporation Procedure Steps of Company incorporation Business Structure DSC Name Approval Incorporation Procedure (SPICe and FiLLiP) How long does it take to form a company? Documentation Company Incorporation\u00a0 Procedure Fees Got a great startup idea? Everybody seems to have one these days and nothing should stop you from pursuing your dream as well. But before [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":14990,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[556],"tags":[162,244,554,553,551,552],"class_list":["post-14967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-articles","tag-company-incorporation","tag-company-registration","tag-incorporation-procedure-india","tag-incorportion-procedure","tag-starting-a-company","tag-startup-formation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Company Incorporation Procedure in India: 2018 Guide | LegalRaasta<\/title>\n<meta name=\"description\" content=\"Many times, the company incorporation procedure for your startup can be a confusing and a somewhat tedious task. 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