Company registration in form INC- 29

Private Limited Company Registration is one of the major concerns of entrepreneurs when they are looking to set up a business in India. Various registrations are required for starting a business due to which several forms have to be filled. To overcome this hassle, the Ministry of Corporate Affairs has introduced a five-in-one form INC-29. The INC-29 follows the same old procedure but it has reduced the interaction with authorities as multiple forms are clubbed together.

• Form INC-29 ( Integrated Incorporation Form)

The INC-29 form contains a single application for multiple forms such as DIN allotment, incorporation, name reservation, PAN, TAN, and ESIC registration. The form is accompanied by the supporting documents which include the details of the directors and subscribers, AoAs, MoAs, etc. Once the documents are filed and processed, the private limited company registration gets complete. While registering a company using this form, DIN will be issued to a maximum of 3 directors only.

• Procedure for Registering a Company with the help of INC-29

STEP 1:

The first thing required to register a company using INC-29 is a digital signature of any of the directors of the company. To apply for a digital signature, a signed digital signal form along with a self-attested copy of the PAN Card and address proof has to be submitted.

STEP 2:

The following details are required for filling the INC-29 form:-

• • DIN Number: If the director’s cum subscribers do not have a DIN number then apply for DIN number and submit the following documents –
    1. Personal, educational, and occupational details.
    2. PAN No. for Indian Citizens and Passport No. for foreign citizens.
    3. Email ID of the Director.
    4. Address details of the Director.
    5. ID Proof and Address Proof.
  • Company Name: Company name should be by the  Company Act, 2013. In case the name does not get approval then it automatically leads to the rejection of the form.

Read Post : Company Name Guide

• Required Documents: Following documents are required to be signed and submitted by the directors/subscribers along with the form –
  1. Memorandum of Association.
  2. The article of association.
  3. Affidavit and Declaration by first directors/subscribers.
  4. Proof of office address.
  5. Copies of a utility bill of the registered office address which are not older than 2 months.
  6. NOC from the owner of the proposed company name is a filed or registered trademark.

STEP 3:

After assembling all the required documents placed them in an order and filled the INC 29 form make the required payment depending on the authorized capital fee and stamp duty as applicable in each case.

STEP 4:

After the competition of the above procedure Certificate of Incorporation will be issued. Approximately it will take 2 working days.

• Advantages of INC-29

1. Requires less time for company registration.
2. Registrar of Company will have a separate queue for processing INC- 29 Form.
3. Refund in case of a form of rejection.
4. One can apply for TAN and PAN.
5. It is a one-time investment and it is not an STP  ( Systematic Transfer Plan).

To register your company with Company Registration Online contact us at 8750008585 or register at Company Registration

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