Navigating Legal Waters Company Incorporation Made Easy

India is a popular destination for entrepreneurs and businesses who want to start or expand their operations in the Indian market. However, incorporating a company in India involves a series of regulatory steps and document submissions to ensure legal compliance. In this article, we will guide you through the key requirements and documentation needed for the successful incorporation of a company in India.

Step 1: Reservation of Company’s Name
The first and foremost step in the company registration process is reserving the name of the company. There are two ways to go for it: RUN and Spice.

RUN or Reserve Unique Name is a web form in the website of the Ministry of Corporate Affairs (MCA), wherein applicants can check if their new business name is available or not and then apply for a desirable name for the company.
Spice is another way to finalize the name, but you can give only one option and if it’s rejected, you will need to redo all documentation again.
You must also select the names of the Directors of the company. For a private limited company, at least two names of the Directors need to be provided.

Step 2: Procuring Digital Signature Certificate
Once the company name has been approved by MCA and registered, the next step is procuring a Digital Signature Certificate for your private limited company. Digital Signature Certificate is a form of a digital key, which holds all the vital information about the registered signatory like name, address, email, phone number, and the authority which has provided the certificate. Digital Signature for a registered company enables the authorized signatory to prove its identity and sign documents electronically. For e-Filing, Digital Signature Certificate is a mandatory requirement.

For obtaining a Digital Signature Certificate, you need to contact any one of the authorized agencies approved by Govt for the same.

Step 3: Filing SPICe Form
SPICe Form stands for Simplified Proforma for Incorporating Company Electronically.

Step 4: Obtaining Certificate of Incorporation
After filing SPICe Form successfully, you will receive an acknowledgement number from MCA. You can use this number to track your application status and download your Certificate of Incorporation once it is approved by MCA1.

Conclusion
Incorporating a company in India is a simple and hassle-free process if you follow the right steps and documentation. If you need professional guidance and mentorship from experts, you can consult A.K.M Global Business Advisory Services, a leading business consulting firm that provides end-to-end solutions for company registration in India and other business-related services. You can visit their website [here] or contact them here.

Email: info@akmglobal.com