Registering a company in India might be a hassle for young entrepreneurs. The applicant must visit the nearest incorporation office with all the documents. You might have to carry a pile of documents multiple times to the incorporation office. To escape the rush, entrepreneurs can try registering a company online. Online company registration facilities are extended by the MCA (Ministry of Corporate Affairs) in India. One must submit digital copies of the required documents for online company registration. If you are still confused, search for firms offering company incorporation services.
Read on to understand the online company registration process in India.
Online company registration
For starting business operations in India, one must get a certificate of incorporation from MCA. Visit the official website of the ministry for online company registration. You will find the incorporation application and guidelines on MCA’s online portal. The steps for registering a company online on the MCA portal are as follows:
- Create a user account on the official website of MCA.
- Get your Director Identification Number (DIN) by offering the required details.
- Find the SPICe+ form and fill it in its entirety.
- Upload all the needed company registration documents on the MCA online portal.
- Wait for your certificate of incorporation.
The SPICe+ form
SPICe+ form is meant for applicants who want to register a company in India. The first part of the form is meant for company name registration. You will propose two company names on the MCA portal in order of preference. The ministry will get back to the applicant regarding the approval of the company name. When the company name already exists, the proposal is disregarded. The applicant can provide NOC from the previous owners and get the same name. The second part of the SPICe+ is submitted after the company name approval.
The second part is the actual incorporation application for a proposed company. The applicant must upload the required documents with the incorporation application on the MCA portal. It is crucial to note that the incorporation application must not be before twenty days from company name approval. The ministry will check the details in the incorporation application and issue the certificate of incorporation. After the certificate is issued, the company owner(s) must submit proof of office address. Every process is completed on the MCA portal, and you don’t have to move an inch. The online company registration process might change according to the company structure.
Documents required for company registration online:
The applicant must upload the required documents on the MCA portal. The authorities will check for the authenticity of the documents before issuing a certificate. E-signature, identity proof, address proof, director declarations, MoA, and many other documents are required for online company registration. If you find the process a little complex, look for company incorporation services.
Many firms offer company incorporation services in India. Finding the right one that can guide you well and falls under your budget will provide a seamless experience for you in this complex process.