The company registration process is now completely online and managed by the Ministry of Corporate Affairs (MCA). The entire process is handled through a single form, making it fast and efficient.
Step 1: Obtain DSC and DIN
First, all proposed directors need to obtain a Digital Signature Certificate (DSC) and a Director Identification Number (DIN). This is a crucial first step for the online registration process.
- Digital Signature Certificate (DSC): This is a secure digital key used for electronically signing documents and filing them with the MCA portal.
- Director Identification Number (DIN): The DIN is a unique number assigned to every individual who intends to be a director of a company.
Step 2: Choose and Reserve a Unique Company Name
The company name is your brand identity, and reserving it is a key part of the registration process.
- You need to select a unique and appropriate name for your company that is not already in use by another business.
- The proposed name must reflect the company's business activity and end with the words “Private Limited.”
- You can submit up to two name options for approval through the MCA portal.
You can check if your desired name is available by using the free search tool on the MCA portal or by using a simplified company name availability checker.
Step 3: Drafting the Memorandum of Association (MOA) and Articles of Association (AOA)
These are the foundational legal documents for your company that define its purpose and internal governance.
Step 4: Filing the SPICe+ Form for Incorporation
This is the main application form that brings together all the necessary information and documents for a seamless registration.
The SPICe+ form is a comprehensive application used for:
- Name reservation
- Company incorporation
- Allotment of DIN
- Application for PAN and TAN
- Mandatory registration with ESIC and EPFO
- Opening a company bank account
This single form streamlines the entire registration process, significantly reducing time and effort.
Step 5: Receiving the Certificate of Incorporation
This final step makes your company a legally recognized entity.
- Once the MCA verifies and approves your application, it will issue the Certificate of Incorporation (COI).
- This is a digital certificate that legally establishes your company's existence.
- The company’s PAN and TAN will also be issued along with this certificate.