What are the key steps for company incorporation?

Company incorporation is the legal process of forming a business as a separate entity under the Companies Act, 2013 in India. It provides the business with a distinct legal identity, enabling it to own property, enter into contracts, and sue or be sued in its own name. The key steps for incorporation include deciding the type of company (Private Limited, Public Limited, OPC, etc.), applying for a Digital Signature Certificate (DSC) and Director Identification Number (DIN), and reserving a unique name through the MCA portal. Once the name is approved, the promoters prepare and file the SPICe+ form along with necessary documents like Memorandum of Association (MOA), Articles of Association (AOA), proof of registered office, and identity/address proof of directors and shareholders. After verification, the Registrar of Companies (ROC) issues a Certificate of Incorporation, which marks the official birth of the company and allows it to commence operations.

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