Introduction to Form:

Earlier Form Filling:

1. Applications for obtaining a DIN – DIR - 3
2. Approving the name of the company - INC-1
3. A separate form for registration of the company (With MOA & AOA) – INC - 7
4. Form INC-22 for sharing details about registered office – INC - 22
5. A separate form DIR12 which should be sent to every director – DIR - 12

Now Form Filling:

• Allotment of Director Identification Number;
• Name of a company; and
• Incorporation of a company. 

Advantages and Disadvantages of INC - 29

1. Now Company can incorporated within 24 working Hours after filed INC 29 with MCA portal. Separate queue for processing INC-29 has been created at ROC back office.
2. Currently, INC – 29 is only an option for incorporating the company. You can also incorporate the company with old procedure also.
3. If form is rejected then you can apply for refund through Refund Form.
4. You can also apply for Permanent Account Number (PAN) and Tax Deduction Account Number (TAN)
5. If the address for correspondence is not the address of registered office of the company. In this case, the company shall establish its registered office within fifteen days of the approval of this application for Incorporation and shall also intimate such address of registered office within thirty days of the Incorporation via e-form INC-22.

1. Narrower Name Proposal
   1. The Registrar has so far asked applicants to submit 6 names in order of priority. Even with the luxury of options, company names take 7 working days to be approved. The INC-29 will allow applicants to submit only a single name. So, while applying applicant has to undertake the necessary diligence regarding the name keeping the in mind the guidelines issued by MCA for Name approval. In case the name applied is rejected then you have the option to re-submit it for 1 more time. It remains unclear how this will not lead to more rejections.
2. Single Resubmission
   1. The INC-29 combines forms, but does not eliminate any procedure. It’s just that you must now submit everything at once. This means that, should there be errors, you will get to know of all of them at once. This is a good change, but we should be concerned about the fact that only a single resubmission is allowed before you have to file the entire form and pay the Rs. 2000 again.
3. No Tracking System
   1. Under the non-INC-29 system, you always know which process you’re stuck at. Since through INC-29, you are applying for 3 approvals i.e. Name, DIN and company registration, if any one fails all the others also fails. For example if there are issues in DIN application, then the entire application will be rejected and you have to file afresh.
4. Section 8 Companies not Included
   1. Incorporation of a charitable company under section 8 (Formation of Company with Charitable objects) and company defined under chapter XXI (Unregistered Companies) of the Companies Act, 2013 are not facilitated under this integrated incorporation form.
5. Maximum DIN Allotment - 3
   1. DIN for only 3 Directors can be applied at one time. For example a company has 5 Directors, 4 doesn’t have DIN then this form can’t be filed but in case person proposed to be appointed which don’t have DIN are up to 3 , then this form can be filed irrespective of the fact that there are 12 other Directors , who have DIN. 

Steps for Incorporation of Company through INC - 29

1. Application for applying DIN for maximum 3 Directors
2. Application for Name availability (for single name only)
3. Application for company registration
4. For furnishing details of Directors and registered office
5. Application for PAN – TAN

1. Memorandum of Association
2. Article of Association
3. Affidavit and declaration by first subscriber(s) and director(s)
4. Proof of Office Address. (Conveyance/ Lease deed/ Rent Agreement etc. along with rent receipts)
5. Copy of the utility bills. (not older than two months)
6. Proof of Identity & residential address of subscribers & Applicant
   1. For Identity Proof - Voter ID Card/ Driving License / Passport / Aadhar card)
   2. For Address Proof - Bank Statement/ Electricity Bill/ Telephone Bill
   3. IF you want PAN & TAN, fill jurisdiction details.

Fees Table: