Starting a new business is an exciting time, but it can also be daunting. One of the first things you need to do is choose a company name. The name of your company is your brand, so it’s important to choose one that is unique, memorable, and relevant to your business.
In India, the Ministry of Corporate Affairs (MCA) is responsible for registering companies. To apply for a company name with the MCA, you need to follow a few simple steps.
Steps on how to apply for a company name with MCA:
- Go to the MCA website and create an account.
- Once you have created an account, log in and go to the “Check Company Name” page.
- Enter the proposed company name in the field provided.
- Click on the “Check Availability” button.
- If the name is available, you will be able to proceed with the application.
- Fill out the application form and pay the application fee.
- Submit the application form.
Things to keep in mind when applying for a company name with MCA:
- The proposed company name must not be identical or deceptively similar to the name of any existing company.
- The proposed company name must not contain any words that are prohibited by the Companies Act, 2013.
- The proposed company name must be available for registration.
How to check the availability of a company name:
You can check the availability of a company name by using the MCA’s “Check Company Name” service. To do this, you will need to enter the proposed company name in the field provided. If the name is available, you will see a message that says “The name is available for registration.”
Application fee:
The application fee for a company name is INR 1,000.
Processing time:
The processing time for a company name application is typically 1-2 weeks.
Conclusion:
Applying for a company name with the MCA is a relatively simple process. By following the steps outlined in this article, you can ensure that your company name is registered correctly and that you are on your way to starting your new business.
Here are some additional tips for choosing a company name:
- Make sure the name is easy to remember and pronounce.
- Avoid using generic names that could be confused with other businesses.
- Consider using keywords that are relevant to your business.
- Make sure the name is available as a domain name and on social media.
I hope this article has been helpful. If you have any other questions, please feel free to contact me.