- Application of DSC & DPIN:
In the first step, all the partners have to apply for a Digital signature and DPIN. Digital signature refers to an online signature used for filing. And DPIN refers to the Directors PIN number issued by the “MCA”.
If the directors already have both the “DSC and DPIN” then this step can be skipped.
You need to provide 3 different options for your company name to the MCA, of which one will be selected. Names provided should ideally be unique and suggestive of the company’s business.
Upon name approval, one must draft both MOA and AOA, so that they can be filed with the MCA. Also, it is mandatory to attach the “Digital Signature Certificates (DSC)” with both of them.
- Get the incorporation certificate :
It typically takes 15- 25 days to form a Private limited company and get the incorporation certificate. Incorporation certification acts as a proof of the fact that the “company has been created” (It also includes your CIN number).
- Apply for PAN, TAN, and Bank account :
Apply for PAN and TAN (both are received in 7 working days), then make sure to submit the Incorporation certificate, MOA, AOA and PAN with a bank, to open your bank account.