| Company Incorporation |
| Business organisations in India are of three principal forms - Corporations, Partnerships & Sole Proprietorships. Company form is most popular and is governed by the Companies Act, 1956. All the forms have to be filed online. For more details refer - http://www.mca.gov.in/ |
| Activities |
Whom to Apply |
When to Apply |
Form |
Documents to be attached |
Fees |
Remarks |
| 1) Apply for Name |
RoC, W.B. |
At the time of company formation |
1A |
|
Rs 500 |
(1) Digital Signature of the applicant to be attached with form
(2) E.T.- 2 days |
| 2) Drafting of MoA & AoA |
Vetting by RoC |
|
N.A. |
|
|
(1)Get MoA & AoA signed by atleast two subscribers
(2) E.T.- 4 days |
3)Company Incorporation:
a) Declaration of Compliance
b) Situation of Registered Office
c) Filing of particulars of Directors etc. |
RoC, W.B
.RoC, W.B
.RoC, W.B. |
Within 6 months of name approval |
1
18
32 |
Consent of appointed director |
See Remarks
See Remarks
See Remarks |
(1) Send physical copy of MoA & AoA to RoC
(2) Along with filing fees, fees for registration of MoA & AoA to be paid.
(3) After processing of forms get Certificate of Incorporation from RoC
(4) Form 1, 18 & 32 to be filed simultaneously
(5) E.T.- 10 days (For Form: 1, 18 & 32 together) |
| 4) Commencement of Business |
RoC, W.B. |
After Incorporation |
19 / 20 |
Prospectus to Form 19
Statement in lieu of prospectus to Form 20 |
See Remarks |
(1) Obtain Certificate of Incorporation from the RoC
(2) E.T. - 2 daysFees for Forms - 1, 18, 32, 19 & 20 depends upon authorised capital |
| Foreign Investors |
(I) Company formation through:
a) Joint Ventures; or
b) Wholly Owned Subsidiaries |
RoC, W.B.RoC, W.B. |
30 days of setting up place of business |
44
44 |
1) Charter, Statutes, or Memorandum and Articles
2) Details of directors & secretary
3) Approval letter from RBI for the setting up of business
4) Power of attorney or board resolution in favour of authorized representatives |
Rs 5000
Rs 5000 |
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(II) Unincorporated Entity:
a) Liaison Office
b) Project Office
c) Branch Office |
Chief General Manager, Exchange Control Dept (Foreign Investment Division), RBI, Central Office, Mumbai |
|
FNC 1 |
1) Certificate of Incorporation or MoA & AoA
2)Latest Audited Balance Sheet
3) In case of project office-documentary evidence for funding of project. |
- |
(1) Such offices can undertake activities permitted under the Foreign Exchange Management Regulations
(2)Form FNC1 is to be filed under Foreign Exchange Management Act,1999 |
RoC, W.B.- Registrar of Companies, West Bengal
B/S: Balance Sheet |
MoA: Memorandum of AssociationP/L A/c : Profit & Loss Account |
AoA: Articles of AssociationE.T.- Expected Timelines |
