- The first step is to obtain a Digital Signature Certificate (DSC) for the proposed directors of the company. The DSC is required for online filing of registration forms.
- Timeline: 1 to 3 working days
2. Obtain Director Identification Number (DIN):
- Each director of the company must apply for a Director Identification Number (DIN) from the Ministry of Corporate Affairs (MCA).
- Timeline: 1 to 3 working days
3. Name Reservation and Approval:
- Choose a unique name for the company and apply for name reservation with the Registrar of Companies (ROC). The name should comply with naming guidelines issued by the MCA.
- Timeline: 1 to 5 working days
4. Prepare and File Incorporation Documents:
- Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) of the company, along with other required documents, and file them with the ROC.
- Timeline: 5 to 10 working days
5. Certificate of Incorporation (COI):
- Once the ROC is satisfied with the submitted documents, they will issue the Certificate of Incorporation (COI), officially establishing the company.
- Timeline: 7 to 15 working days
6. Obtain Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN):
- After obtaining the COI, apply for the company's Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) with the Income Tax Department.
- Timeline: 7 to 15 working days
7. Bank Account Opening and Commencement of Business:
- Open a bank account in the company's name and start business operations.
- Timeline: Depends on the bank's processing time (usually 1 to 2 weeks)
Please note that the timelines mentioned above are approximate and may vary based on various factors, including the workload at the respective government offices, accuracy of documentation, and any additional regulatory requirements specific to the company's nature of business. Additionally, the timeline may be shorter or longer depending on the efficiency of the professionals assisting with the registration process. It is advisable to consult a qualified professional, such as a company secretary or chartered accountant, to ensure a smooth and timely registration process.
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