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Registration Procedure of A Private Limited Company An entrepreneur should select few names for the company in order of preference (minimum 1), indicating the main objects of the company. He must apply online for name availability after getting the digital signature of one of the proposed director. The individual can take e-Form 1A to ascertain the availability of name of company by paying a fee of Rs. 500/-. In case the proposed name is not available, he must then apply for a fresh name on the same form. After the name of the company is approved, the individual can apply for registration of the new company within six months of the name approval. He also has to get the articles and memorandum of association drafted by professionals. Proper stamping of the Memorandum and articles should be done. It should be signed by a minimum of two subscribers and witnessed by minimum one person. The following documents should be filed with the Registrar of Companies online:
As per Section 149(7) of the Companies Act, a private company can commence business right from the date of its incorporation. |
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