How to register company with Ministry of Corporate Affairs by Online Legal India

 

How To Register A Company With The Ministry Of Corporate Affairs?

 

Are you thinking about launching your own business? Well, your idea is appreciable.

 

Let’s test your idea of how the business will run. Do you think you only need capital and raw material to start your business? No, my dear friend!

 

You need to register your private ltd. company with the Ministry of Corporate Affairs before laying the foundation of your business. The Ministry of Corporate Affairs will provide you the necessary license to start your business.

 Remember, be it a Private Limited Company or public firm; you need to register it with the Ministry of Corporate Affairs.


register your private ltd. company


 

 What Is A Private Limited Company (PLC)

 Before proceeding towards registering your company with the Ministry of Corporate Affairs, let’s take a look at what Private Limited Company is all about.

 The Private Limited Company (PLC) or limited liability company should have a founder, stakeholders, and other directors (company management officers).

 Every person is considered as an individual employee of the Private Limited Company (PLC).

 

Why Should A PLC Register With MCA?

 A Private Limited Company can get several benefits like a govt authorised license when you will be registered  with Companies House.


 Have a look at the benefits of registration:

 

●      Registration with the Ministry of Corporate Affairs means you are getting protection to your assets.

●      You have a chance to expand business after getting registered.

●      The public sector and private sector banks believe in a registered company while providing loans.

●      Investors trust a company who has an authorised business license from the Ministry of Corporate Affairs.

 

How To Start The Company Registration Process


 First, go to the homepage of the Ministry of Corporate Affairs website.

 

On the homepage of the Ministry of Corporate Affairs website, you can find a tab named “Forms And Downloads.”

 

You will be diverted to the “Company Form Download” page after clicking the  “Forms And Downloads” button.

 

You can start the company registration process when you have all the forms and documents in your hand.

 

How To Start The Company Registration Process

 

You  have to digital signature certificate and must have director identification number, create an account on MCA portal  and must be incorporate  for company registered.

 These are SPICe, SPICe MoA, and SPICe AoA.

 

What SPICe Is

 

The abbreviation of SPICe is “Simplifying Proforma for Incorporating Company Electronically.”

 

Form No. INC- 32 is another name of the SPICe form. 

 

What SPICe MoA Is

 

The SPICe MoA is an ‘e-memorandum of association’. 

 

The SPICe MoA is important for one reason. It will describe the objective of starting your company.

 

What SPICe AoA Is

 

The SPICe AoA is an ‘Article of Association’ form.

 

The SPICe AoA will depict the rules and regulations of the company.

 

These are the brief descriptions of SPICe, SPICe MoA, and SPICe AoA forms.

 

When you correctly fill up the SPICe, SPICe MoA, and SPICe AoA forms, you will be able to upload all these forms by clicking the ‘upload e-forms’ button.

 

What Is A Public Limited Company (PLC)

 

The Public Limited Company is a voluntary association of members under company law. 

 

The rule of public limited Company registration is almost the same as the private limited company registration.

 

Features Of Public Limited Company

 

You need at least 7 people as shareholders of the public corporation or public limited company.

 

There is no upper limit for the shareholders.

 

The company raises its capital by selling the company shares.

 

 

Joint-Stock Company Registration  Rule

 

MCA rules for the public firm to make  jo is that you need to fill up the SPICe form first.

 

Then you have to submit the form by logging into the Ministry Of Corporate Affairs website. 

 

Final Words

 

You may think that it is a lengthy process to register your company with MCA.

 

It is an easy process.

 

You can take third-party support while registering your business with the Ministry of Corporate Affairs.

 

 

 

 

 

  

Location: Eros corporate Tower, Nehru Place, New Delhi, Delhi 110048, India

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