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The first step of getting a company incorporated is obtaining the approval of the name from Registrar of Companies. A company may adopt any name which is not prohibited under the Emblems and Names (Prevention of Improper Use) Act, 1950. The government has launched a web service RUN (Reserve Unique Name) for reserving the name of a proposed company. We can directly submit the application for reserving name online within few minutes (there is no requirement to download e-form like INC-1, and attaching DSC), has been launched for reserving the name of a new company or for change in name of the existing company earlier there was INC-1 for reservation of name of the new company or for change in name of the existing company. Application form fee shall be Rs.1000/- perform for reservation of name by using RUN web-form.
APPROVED NAME IS VALID FOR A PERIOD OF:
20 days from the date of approval (in case name is being reserved for a new company) or
60 days from the date of approval (in case of change of name of an existing company)
The preparation of MOA is the next step in the incorporation of a company. It is the law of the company, which states its objects and scope and the company’s relation with the outside world.
Other than MOA, the promoters will also prepare the AOA of the company. It contains rules and regulations relating to the internal management of the company.
Also, we can incorporate a company in India through the
MCA will bring new specified procedures for incorporation of a company under the companies act, 2013. Ministry of corporate affairs introduces E- Form INC-32 by a notification under the SPICE Scheme. SPICE means Simplified Performa for Incorporating Company Electronically.
The SPICE form will be introduced to bring the facility of preparing Electronic MOA & Electronic AOA. This facility is introduced first time in Indian history for the incorporation of the company. Now there is no need to prepare manual MOA & AOA.
Before of this SPICE form if any person wants to incorporate any company then he has to apply by filing a different form for DIN, PAN, TAN, approval of name availability, registered office address, first director form, etc.
Now it is mandatory to file E-Form INC-32 for the incorporation of a company in India. If the company is a Producer Company and having more than 7 subscribers then E-Form INC-7 has to be filled and if subscribers of Producer Company are less than 7 then it has to file E-Form INC-32 for incorporation.
According to the notification given by MCA, companies who are incorporated by filing E-Form INC-32 then that company cannot incorporate by filing E-Form INC-7 on or after 29th December 2016. So, it is compulsory to file E-Form INC-32 for the incorporation of the company from the date 29 December 2016.
You can get the above benefits by incorporating your entity in a progressive country like India and also you can get extra benefits in setting up your corporate bank account easily through Rajput Jain& associates.
Advantage of Company Registration
How Rajput Jain & Associates offers services for helping you information of the company in India it is a one-step solution for you:-
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