CHECK LIST FOR INCORPORATION OF A PRIVATE LIMITED COMPANY

 Select, in order of preference, at least one suitable name up to a maximum of six names, indicative of the main objects of the company. The name should not resemble the name of any other already registered company and also should not violate the provisions of emblems and names (Prevention of Improper Use Act, 1950)  Obtaining the Directors identification number and digital signatures  Application should be made to the concerned Registrar of Companies (RoC) to ascertain the availability of name in eForm1 A. A fee of Rs. 500/- has to be paid alongside and the digital signature of the applicant proposing the company has to be attached in the form. If proposed name is not available, a fresh name has to be suggested on the same application.  Memorandum and Articles of association needs to be drafted by the solicitors, and thereafter vetting of the same by RoC and printing of the same needs to be done.  Stamping of the Memorandum and Articles with the appropriate stamp duty.  Memorandum and Articles to be signed by at least two subscribers in his/her own hand, his/her father's name, occupation, address and the number of shares subscribed for and witnessed by at least one person.  Memorandum and Article are to be dated on a date after the date of stamping.  Fill Form 1 (Declaration of compliance), Form 32 (Particulars of the Director's, Manager or Secretary) and Form 18 (Notice of situation of registered office of the company) within 60 days of name approval. These forms need to be submitted after attaching the digital signature, paying the requisite filing and registration fees and thereafter send the physical copy of Memorandum and Article of Association to the RoC  After processing of the Form is complete and Corporate Identity is generated obtain Certificate of Incorporation from RoC.

STEPS FOR FORMATION OF A PRIVATE LIMITED COMPANY Definition of a private limited company: Private company shall have a minimum paid-up share capital of Rupees One Lakh, its Articles shall prohibit invitation or acceptance of deposits from persons other than its members,

Print out of the same shall be taken and attach proof of identity. 500/-. applicant shall be allotted a provisional DIN and then he/ she is required to pay Rs. Send these documents along with the proof of payment made for DIN application to MCA DIN Cell at Noida. The outcome of application shall be communicated through email. obtaining Directors Identification number (DIN) and Digital Signature A private limited company needs to have 2 Directors. Every user who is required to sign an eForm for submission with MCA requires Digital Signature. i. Checking availability of name: Application to ROC in form 1A along with a fee of Rs.directors or their relatives and shall limit the number of its members to fifty. If proposed name is available. Deciding the name of the company Select up to a maximum of six names in order of preference. ii. Drafting of Memorandum and Articles of Association of the company The following points needs to be mentioned in the memorandum: not . requiring personal details such as name. Deciding the Directors. and email ID of the person making an application. proof of date of birth and photograph. 1950) The name of a private limited company should end with “Private limited”. Form DIN‐1. is required to be filled.with reference to the provisional DIN obtained. 100/. proof of residence. In case of such companies. proof of father’s name. address. iii. The name should not resemble the name of any other already registered company and also should not violate the provisions of emblems and names (Prevention of Improper Use Act. iv. indicative of the main objects of the company. Sign the physical copies of the form and get these documents duly notarized/ attested by an approved authority. On submission of form DIN‐1 online. public interest is not involved. a fresh name has to be suggested on the same application.

The name of the company with private limited as the last words. divided into paragraphs numbered consecutively and signed by each subscriber in presence of one witness.needs to be paid on Form No.in the State of Andhra Pradesh. Filing Form 1. The state in which the registered office of the company will be located The main objects and the objects incidental or ancillary to the main objects and the other objects In case of companies with objects not confined to one state. v. The eForm 18 and 32 should be certified by a chartered accountant (in whole-time practice) or cost accountant (in whole-time practice) or company secretary (in wholetime practice) by digitally signing the eForm. 300/. 200/. For Articles the stamp duty is Rs. After printing the memorandum and articles. it needs to be stamped as per the applicable stamp duty rates in the state. the states within whose territories the objects extend to The memorandum shall state that the liabilities of the members are limited The amount of share capital with which the company is proposed to be registered and division into shares of fixed amount The memorandum has to be prepared as per the formats given in tables of Schedule I. Stamp duty of Rs. 18 and 32: Form 1 needs to be submitted along with MoA and AoA of the company and Annexure containing details of subscribers.1. . 10/.and for memorandum it is Rs.

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