what are the steps for company formation?
Dear Friend > FORMATION OF A COMPANY STAGES OF FORMATION OF A COMPANY -- Promotion Stage -- Selection of Name -- Incorporation (Registration Stage). -- Raising the Share Capital Stage. PROMOTION STAGE INCLUDES -- Discovery of Business opportunities. -- Detailed Investigation. -- Assembling necessary requirements. -- Financing of proposition. SELECTING COMPANY NAME To be identified for legal and business purpose (i.e.“Ltd” or “Pvt Ltd” ). The name should not be similar to the existing. INCORPORATION STAGE A company is said to be incorporated when it fulfill the formalities of registration and obtain “CERTIFICATE OF INCORPORATION” by submitting the MoA, AoA and written consent of all the directors. A public to commence business, should raise the required capital and obtain the “ CERTIFICATE OF COMMENCEMENT OF BUSINESS” RAISING OF SHARE CAPITAL -- Entering onto an agreement with underwriters. -- Applying to the stock exchange for listing of shares. -- Issue of prospectus inviting public to subscribe. -- Allotting shares. Thanks
Dear Pinky, So far as your query is concerned that what are the steps for company formation? Kindly be informed that the requirements would depend on the nature of the Company. **1. Do you want to start an Indian Company?** Apply for the name of the company to be registered by filing Form INC-1 for the same. After that depending upon the proposed company type file required incorporation forms listed below. Form INC-7 or Form INC-2 : Form INC-7 for Application for incorporation of a company (Other than OPC) or Form INC-2 for Application for Incorporation of OPC. Form INC-22 : Notice of situation or change of situation of registered office based on the option chosen in Form INC-7. Form INC-22 is to be filed within 30 days from the date of Incorporation of OPC (If the registered address is different from the address given in Form INC-22) or other than OPC (if not filed earlier). Form DIR-12: Particulars of appointment of directors and the key managerial personnel and the changes among them. This form is to be filed by OPC in case promoter is not the sole director or there are more than one director in an OPC. **2. Do you want to register a Part I Company?** In order to register Part I Company, applicant is required to file Form INC-1 for name availability. After approval of the same, applicant is required to file Form No. URC-1 along with filing e forms INC-7, INC-22 and DIR-12 or e-forms INC-7 and DIR-12 as the case may be. **3. Do you want to register a Section 8 Company?** To register a section 8 company, applicant is required to file Form INC-1 for name availability. Once the name is approved/made available, there is a further requirement of obtaining a license for a Section 8 Company, for which Form RD-1 is to be filed in order to obtain a license for such company. After obtaining license number, applicant can proceed further to incorporate a company by filing e forms INC-7, INC-22 and DIR-12 or e-forms INC-7 and DIR-12 as the case may be. **4. Do you want to start a Foreign Company?** Any foreign company can establish its place of business in India by filling Form FC-1 (Documents delivered for registration by a foreign company). The eForm has to be digitally signed by authorized representative of the foreign company. There is no need to apply and obtain DIN for Directors of a foreign company but the DSC of the authorized representative is mandatory, which again is not required to be registered on MCA Application. Hope you have got the answer/information on your query that what are the steps for company formation? Hope that the above information is useful to you !!! Thanks & Regards