, How to make company in India in 24 hours (startups jewel) ~ CS GAURAV SHARMA

July 1, 2015

How to make company in India in 24 hours (startups jewel)

Integrated Incorporation Form - INC-29 
The Ministry of Corporate Affairs has introduced the Integrated Incorporation Form - INC-29 with the intent to ease the procedure for incorporation of companies.
INC-29 is one Single form for incorporating a company and addresses of the procedural requirements pursuant to sections 4, 7, 12, 152 and 153 of the Companies Act, 2013.
Form - INC-29 takes care of three separate processes with this single form namely application for DIN, application for name approval and application for incorporation of companies.
Consequently, the filing of the following e-forms is not required:
  • Form DIR-3 (Application for allotment of DIN in case proposed Directors have no DIN)
  • Form INC-1/INC-2 (Application for Reservation of name)
    • Form INC-7 (Application for incorporation of a company other than OPC)
    • Form DIR-12 (Details of Directors)
    • Form INC-22 (Details of registered office) (Optional at the time of incorporation)
INC- 29 aims to reduce of time and money while incorporating companies. Fee for the form is Rs. 2000/- plus registration fee.
Incorporation of the company through this integrated form for incorporation INC-29 is optional. Standalone e-Forms DIR-3, INC-1/ INC-2, INC-7, DIR-12, INC-22 will continue to be available at MCA website. In case any stakeholder wants to avail any of these services separately/independently, he may use the existing e-forms and follow the existing process.
Facility for using ‘integrated form’ is not available for incorporating Section 8 companies.





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