A private limited company is a commonly chosen structure for businesses that want a separate legal identity and limited liability. This note outlines the broad steps involved in incorporation.
Key steps
- Obtain Digital Signature Certificates (DSC) for the proposed directors
- Apply for Director Identification Numbers (DIN), where required
- Reserve the company name with the Ministry of Corporate Affairs
- Prepare the Memorandum and Articles of Association
- File the incorporation application with the required documents
- Receive the Certificate of Incorporation, PAN and TAN
After incorporation
Once incorporated, a company must meet ongoing compliances such as opening a bank account, maintaining statutory registers, holding board meetings and making periodic filings with the Registrar of Companies.
This article is for general information only and does not constitute professional advice.