Incorporating a company provides several benefits that can help to protect its owners, establish a professional image, save taxes, raise capital, and ensure continuity of existence.
The forms required for company incorporation can vary depending on the jurisdiction and type of company being formed. However, some of the common forms that may be required for incorporation include:
Forms required to incorporate a company
1. Memorandum of Association (MOA)
2. Articles of Association (AOA)
3. Form INC-32 (SPICe)
4. Form INC-33
5. Form INC-34
6. Other forms
1. Memorandum of Association (MOA): The MOA is a legal document that outlines the objectives and scope of the company’s activities. It also includes details such as the name of the company, its registered office address, and the names of the initial shareholders or subscribers.
2. Articles of Association (AOA): The AOA is a legal document that outlines the rules and regulations governing the internal management and operations of the company. It includes details such as the powers of the board of directors, the rights of shareholders, and the procedures for calling and conducting meetings.
3. Form INC-32 (SPICe): Form INC-32, also known as Simplified Proforma for Incorporating Company Electronically (SPICe), is a form required by the Registrar of Companies (RoC) in India for the incorporation of a company. It includes details such as the name of the company, its registered office address, the details of the directors and shareholders, and the initial capital of the company.
4. Form INC-33: Form INC-33 is a form that is filed along with Form INC-32 (SPICe) and contains the memorandum of association of the company.
5. Form INC-34: Form INC-34 is also filed along with Form INC-32 (SPICe) and contains the articles of association of the company.
6. Other forms: Depending on the type of company and its jurisdiction, other forms may also be required for incorporation. For example, in India, a declaration by a professional certifying that all the requirements of incorporation have been complied with (Form INC-8) may also be required.
It’s worth noting that the specific forms and requirements for incorporation can vary based on the laws and regulations of the jurisdiction where the company is being incorporated. It’s important to consult with legal and accounting professionals to ensure that all the necessary forms and requirements are met.