1.Choose a Business Structure
- Private Limited Company
- Public Limited Company
- Limited Liability Partnership (LLP)
- Sole Proprietorship
- Partnership Firm
2. Obtain a Digital Signature Certificate (DSC)
- Required for the directors and authorized signatories to sign electronic documents.
3. Obtain a Director Identification Number (DIN)
- Each director must apply for a DIN through the Ministry of Corporate Affairs (MCA) website.
4. Choose a Company Name
- Ensure the name is unique and complies with the naming guidelines. You can check name availability on the MCA portal.
5. Draft the Memorandum and Articles of Association
- Memorandum of Association (MoA) outlines the company’s objectives.
- Articles of Association (AoA) details the internal management of the company.
6. Register the Company
- File the incorporation application through the MCA portal (SPICe+ form).
- Attach required documents:
- MoA and AoA
- DIN and DSC of directors
- Address proof and identity proof of directors
- Utility bill and NOC for the registered office
7. Obtain Certificate of Incorporation
- Once your application is approved, you will receive a Certificate of Incorporation, which is proof of your company’s legal existence.
8. Apply for PAN and TAN
- PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) can be applied for through the NSDL website.
9. Open a Bank Account
- Use the Certificate of Incorporation and other documents to open a company bank account.
10. Register for Goods and Services Tax (GST)
- If your business turnover exceeds the prescribed limit, you need to register for GST.
Additional Licenses and Permits
Depending on your business type, you might need additional licenses or permits (e.g., FSSAI for food businesses, trade licenses).
Important Notes
- Consult with a legal or financial advisor for guidance tailored to your specific business needs.
- Keep up with compliance requirements after registration to avoid penalties.
This is a general overview, and processes may vary slightly based on the type of company and state regulations.
