RUN FORM (including government fees)

RUN Form: A Comprehensive Guide

The Reserve Unique Name (RUN) form is a crucial step in the process of incorporating a company in India. It is an online application form provided by the Ministry of Corporate Affairs (MCA) that allows you to reserve a unique name for your proposed company. This ensures that your chosen name is not already in use by another company, preventing potential legal complications and trademark issues.

Why is the RUN Form Important?

1. Unique Identification: The RUN form guarantees that your company will have a distinct identity, setting it apart from others in the market.
2. Legal Compliance: By reserving a unique name, you comply with Indian company law, which mandates that each company must have a unique name.
3. Brand Protection: A unique name helps protect your brand identity and prevents confusion with other businesses.
4. Smooth Incorporation Process: A successful RUN application is a significant step towards a seamless company incorporation process.

How to Fill the RUN Form

The RUN form is a relatively straightforward process, but it’s essential to follow specific guidelines to ensure a successful application. Here’s a step-by-step guide:

1. Access the MCA Portal: Visit the official MCA portal and log in to your user account. If you don’t have an account, you’ll need to register first.
2. Select “Reserve Unique Name”: Once logged in, navigate to the “Reserve Unique Name” option.
3. Provide Company Details: Fill in the required details about your proposed company, including:
   • Proposed Name: Enter your desired company name.
   • Proposed Activity: Specify the primary activity of your business.
   • Class of Company: Select the appropriate class of company (e.g., private limited, public limited, one-person company).
   • State of Incorporation: Choose the state where you want to incorporate your company.
   • Authorized Capital: Specify the initial authorized capital of the company.
4. Submit the Application: Review the information you’ve entered and submit the application.

Key Considerations for Filling the RUN Form

• Name Availability Check: Use the MCA’s name availability check tool to verify the availability of your desired name before proceeding with the RUN form.
• Name Suggestions: If your preferred name is not available, the MCA may suggest alternative names.
• Name Guidelines: Adhere to the MCA’s guidelines for naming a company. Avoid names that are offensive, misleading, or similar to existing trademarks.
• Fee Payment: Pay the prescribed fee for the RUN application.
• Processing Time: The MCA typically processes RUN applications within a few business days.
• Name Reservation Period: Once approved, the reserved name is valid for a specific period. If you don’t incorporate your company within this period, the name may be released for others to use.

Common Mistakes to Avoid

• Incorrect Information: Ensure that all information provided in the RUN form is accurate and up-to-date.
• Missing Documents: Submit all required documents along with the RUN form.
• Late Fee Payment: Pay the fees on time to avoid penalties.
• Ignoring Name Guidelines: Adhere to the naming conventions to avoid rejection.

Professional Assistance

While the RUN form process is relatively simple, seeking professional assistance from a corporate lawyer or a registered agent can be beneficial. They can help you:

• Choose a Suitable Name: They can suggest appropriate names based on your business activity and brand identity.
• Prepare the Application: They can ensure that the RUN form is filled out correctly and all necessary documents are attached.
• Handle the Approval Process: They can track the status of your application and address any issues that may arise.

By understanding the RUN form and following the guidelines, you can successfully reserve a unique name for your company and take the first step towards its incorporation.