Digital Signature Certificate and DIN:
First, partners must submit an application for DIN (digital signature). This is an electronic based signature that used on MCA for filing and the Digital signature is assigned to the Pin number of director's which is provided or authorized by the MCA. If the directors have already DIN or DSC already this process can be ignore/skipped.
Options to get DIN
Option 1:
File Form DIN 3. This form requires PAN, Aadhaar card, etc. with proof of address and proof of original details of the proposed director. This option is only available for existing companies. It is effective from January 2018; it is not compulsory to file an application for a separate DIR-3. The DIN can now be implemented within the Spice form for the three directors.
Option 2:
With the SPICe filing, the DIN is to be provided to the relevant directors who don’t have the digital signature certificate. Under this filing process through SPICe (INC 32), a least or highest number of directors are 3 (three) and they can submit an application for DIN. If the applicant wants to include a greater than three (3) directors in the company, then more than three (directors) persons do not have a DIN. In such a case, the applicant will have to join the company with 3 directors and subsequently appoint new directors after incorporation.
Name Approval:
You have to provide the company name with 3 different options, one of which is selected for MCA. The given names should be unique and representative of the organization.
Option 1:
Inclusion of a company through the (Reserve Unique Name) RUN form: To simplify the processes for
newly registered as well as previously registered companies. The Ministry of corporate and affairs
introduced the service of website for Reserve the Unique Name of the company. They need to included
the RUN to only gives one opportunity to enforce any other opportunity due to any match of the newly
apply name with the name of a previously registered company, LLP or trademark, or in case of rejection,
non-adherence to the company (incorporation rules) 2014 available This does not mean that you should
be assure for the proposed name to avoid rejection and follow the guidelines of availability of name and
existing (previously registered) trademarks. The applicant will have to file a form for RUN again with the
prescribed fee.
IT is to be noted that the DIN will not necessary to submit the form (RUN) for name reservations. Only it is mandatory to have an account with MCA.
However, from March 23, 2018, it is to be decided by the ministry to allow one re-submission (RSUB) and, two proposed names and the proposed names of companies are must be unique.
Option 2:
You can submit an application via SPICe (INC-32) for the proposed name, with this form you can apply for a single name that is identical to the RUN provision.
Further, in case of rejection with the reason of the name is not approved, the application holder will get a chance again to fill the similar form of SPICe again without any other charges. Its instrument, that the application holder will get two chances to fill and submit the similar form without paying any additional charges of Rs. 1000 / - for all the moments.
If the company name is not passed for the second time, the application holder can file and submit the form of SPICe again with the help of scratch. This will be proving very cheaper on any given day than choosing the first option. The entire process, add the approval of the name and company incorporation that will takes about 2-3 days.
Submission of AOA and Memorandum of Association:
Once the title is accepted, a report and related papers should be prepared. MCA will be registered with MOA and AOA with membership claims.
MCA E-Form Filing:
We are required to obtain agile and Inc-22 Form COI (Certificate of Incorporation) after submitting the approved forms.
Get company incorporation certificate:
Usually, a Pvt. Ltd. company is constituted and the certificate of company incorporation is taken 15–25 days. The certification of incorporation is proof that the company was formed. Your CIN also applies.
Apply for company’s Permanent Account Number &TAN and bank account
After getting the company registration certificate you will need to apply for company Permanent Account Number and Tax collection Account Number to the company. You can submit a certificate of company registration in India, AOA, MOA, and PAN with the relative bank to start/open your company’s account in the bank.