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Streamlining Company Incorporation Process: Latest Developments Explained

Explore the latest updates in company incorporation such as name availability and obtaining Director Identification Numbers through eforms. Learn about the efficient Spice forms and attachments required for smooth incorporation process. A detailed guide to navigating the company setup procedures.

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Streamlining Company Incorporation Process: Latest Developments Explained

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  1. Incorporation of Companies Latest Developments

  2. Name Availablility • Name of the company is reserved through RUN (Reserve Unique Name) service at the MCA Portal (www.mca.gov.in) • It is a web based service and no efroms are involved • Upto two names can be given in the RUN Service • There is provision for entering comments and attaching documents, which can be used for giving the significance of key word or attaching object clauses, NOC’s etc. • If given names are not available, there is one chance for resubmission and fresh 2 names can be given • Names are made available with in 2-3 days of making application

  3. DIN • Director identification number cannot be obtained unless the person is appointed as director in a company. • Director Identification Number (DIN) Can be obtained through efrom DIR-3 Filed by the company. • DIN can also be obtained though Spice(Inc-32) at the time of incorporation • Currently there is no provision for obtaining DIN for a designated partner in an LLP.

  4. Incorporation • Forms involved in company incorporation are • Spice – INC-32 • Spice MOA – INC 33 • Spice AOA – INC 34 • Director Identification No. Can be obtained through Spice • Attachment include : INC-9,Copy of PAN, ID Proof and Address Proof of Subscribers • PAN and TAN can be obtained through Spice.

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