Quick Answer
Registering a Private Limited company in India is governed by the Companies Act 2013, with formalities managed through the Ministry of Corporate Affairs portal. The process involves reserving a name through SPICe+ Part A, obtaining a Digital Signature Certificate, drafting the MOA/AOA and filing SPICe+ Part B, which also allots PAN and TAN.
How to Register a Company /Start up (Company Registration Process), Registering as a Private limited (Pvt Ltd Registration) is the first step corporate journey, it is a structure where your liability in case of a loss, is limited to capital invested, this benefit is not available in a proprietary business where you have unlimited liability Company Registration in India is governed by Companies Act 2013 which lays down the procedure for registering and managing a company and its affairs, Ministry of corporate affairs through www.mca.gov.in which is its E-Portal manages the compliance under the companies act and all company formation related formalities must be done through this e portal
Step1: Reserve the name through SPICe+ Part A (Name Availability)
Step2: Obtain DSC and Form SPICE INC-32 (E Form used for Company Registration)
Step3: Drafting of MOA in SPICE INC – 33 and AOA In SPICE form company registration
Step4: PAN and TAN Application Along with Form SPICE INC -32 (E Form used for Company Registration)
Step5: After completion of the above-mentioned process of company registration, RoC
Issues Certificate of Incorporation
So, the next time someone you wonder how to register a company in India, you can easily log in to our website and use our services.
Now that you have understood the Steps involved, we will get into the intricate details of about company registration and its procedures as to how to register a company
Name approval and incorporation now run through one MCA web form, SPICe+. Part A reserves the name: up to two proposed names, filed on its own (fee Rs 1,000; the approved name is held for 20 days) or together with Part B. Part B is the incorporation application (the form behind it is INC-32), filed with the e-MOA, e-AOA, the directors' declarations, the registered-office proof and the linked AGILE-PRO-S form for PAN, TAN, EPFO, ESIC and GST. The older RUN form is now used only to change the name of an existing company. Check the proposed names against the MCA company and LLP registers and the trademark register before filing: a rejected name means a resubmission and, when Part A and Part B were filed together, a fresh set of documents.
Step 2: Form SPICe (INC-32) form used for Company Registration
DSC ( Digital Signature) in simple terms means your physical signature in a digital form, this does not mean your physical signature is copied and pasted, all your data that is PAN number and other details are embedded in a file that can be downloaded in an e-token.
The e-token will be password protected which will act as your digital signature, for company formation, GST registration, PF Registration and for Income Tax filing we have to use a Class 3 DSC provided by government-approved vendors such as e-mudra or Sify or N-Code
MCA ( Ministry of Company Affairs) has introduced Form SPICe (INC-32) for easy and fast company registration
Step 5: e-MoA(INC-33) and e-AoA (INC-34)
e-MoA refers to an electronic Memorandum of Association and eAoA is electronic Articles of Association.
Memorandum of Association in Company registration represents the charter, indicating the lines of business its operation as the main business and other activities related to its main business activity
Articles of association used in company registration process define the powers, rights, and responsibilities of the directors and shareholders
Step 6: PAN and TAN Application
Through this single form SPICe, you have mandatory apply for PAN and TAN by using forms 49A for PAN and 49B for TAN.
The system will auto-generate these forms after the submission of SPICe form.
To know more about ” How to Register a Company” or For Company Registration in India, guidelines on
Private limited company registration online in India, Delhi NCR, Mumbai, Bengaluru, Chennai etc. Get company registration in 10 days @10k contact 9962 230 333/ 95139 39333, visit private company registration at the virtual auditor / mail us @ support@virtualauditor.in
Registering as a Private Limited company provides the benefit of limited liability, meaning your liability in the event of a loss is restricted to the capital you have invested. This is a significant advantage over a proprietary business, which carries unlimited liability for the owner.
The name is reserved through SPICe+ Part A on the MCA portal, with up to two proposed names. Part A can be filed on its own (fee Rs 1,000; the approved name is held for 20 days) so that the incorporation documents are prepared against a confirmed name, or together with Part B in one filing. The older RUN form is now used only to change the name of an existing company.
A Digital Signature Certificate (DSC) functions as your digital physical signature. For company formation, GST registration, PF registration, and Income Tax filing, the Ministry of Corporate Affairs requires a Class 3 DSC, which contains your embedded data in a password-protected e-token issued by government-approved vendors.
The Memorandum of Association (MOA) acts as the company charter, outlining the main business activities and operations. The Articles of Association (AOA) define the specific powers, rights, and responsibilities of the company's directors and shareholders, both of which are submitted electronically during the registration process.
No, you do not need to apply for them separately. Through the single SPICe INC-32 form, you must apply for both PAN and TAN. The system will automatically generate the required 49A and 49B forms for these applications after you submit the SPICe form.