Registration of Company in Delhi: Types and Process

Delhi has become the startup capital of India. According to the Economic Survey 2021-22, more than 5,000 recognized startups were added in Delhi between April 2019 and December 2021. If you are planning to start a new business in Delhi NCR state then it is time to get your registration of company in Delhi. It is one of the major business hubs of North India due to the existence of many industries like information technology, telecommunications, banking media, tourism, etc., which is one of the reasons for the rapid growth of entrepreneurship.

You always have to start with a simple sole proprietorship company with a single owner and then you have to convert it into a private limited company registration. This is a great way to reduce your legal registration cost and test your business idea in Delhi.

Procedure to Registration of Company in Delhi

Now let's take a quick look at the process of registering a company in Delhi. It is a company registration online procedure.

• Step 1 :- Firstly, entrepreneurs must ensure that they meet the necessary eligibility criteria to be included as a specific business entity. The best option would be to contact an expert (like onlinexbrl) in company incorporation for guidance
• Step 2 :- Once they are sure that they meet the required criteria, entrepreneurs can start obtaining the necessary legal documents.
• Step 3 :- Further, founder members and directors have to apply for the digital signature certificate and director identification number through MCA's online portal.
• Step 4 :- Additionally, entrepreneurs must now apply to reserve a name for their company. They can send up to two priorities through the application from the MCA portal. Mca officals will do name search online and then allocate suitable name according to their availability
• Step 5 :- After that, expert Professional draft the company's legal documents, including the memorandum of association and articles of association.
• Step 6 :- Now, the experts professional will file the documents to ROC by submitting the following forms :- Forms Spice + Forms, INC-22
• Step 7 :- After applying, entrepreneurs have to pay the necessary stamp duty and processing fee to the ROC. The MCA Officals will then review and verify all the details and if satisfied, issue a certificate of incorporation to the business.

​​​​​​The Registrar of Companies will take about 5 to 6 days to verify all the documents and issue the necessary certificate. Once the companies receive the certificate of incorporation, you will also receive Pan and Tan Certificate also. Furthermore, other registrations required will depend on the nature of the proposed business, but most businesses are required to register for GST.

Types of Business Structures

The main types of business structures available to entrepreneurs for incorporation are as follows:

• Pvt ltd company - Registration with MCA and Registrar of Companies, Delhi is required
• Limited Liability Partnership – An updated form of partnership firm that requires registration with the Registrar of LLPs
• One-Person Company – Same as a Private Limited Company but only one person or shareholder is required to start
• Partnership Firm – Basic firm registered with the Registrar of Firms, Delhi is required
• Sole Proprietorship – The simplest business structure that does not have any formal registration process and only needs to be started by one person.

Eligibility Criteria for Registration of Company in Delhi

Following are some points of eligibility for registration of the company;

• At least two shareholders and directors. However, both shareholders and directors can be the same people
• At least one of the directors must be an Indian resident, i.e., he or she must have stayed in India for at least 182 days in the last year.
• In order to legally operate, every company needs a "registered office."
• Directors of the company will require a digital signature certificate to authorize online filing and a director identification number to apply.
• Business owners have to draft necessary legal documents including shareholder agreements, MoA and AoA.

Private Limited Registration of Company in Delhi

For online company registration in India, at least 2 directors can be appointed and a maximum of 15 directors can be appointed. There is no minimum paid-up capital requirement for registering a private limited company in New Delhi. and must have PVT.ltd at the end of the name. Register a private limited company.

Private Limited Registration of Company in Delhi is easy if the Following Requirements Are Followed:

• Minimum two directors who are residents of India

• At least 2 shareholders and a maximum of 200 shareholders are required for registration.
• Company registration in Delhi requires payment of a government fee.
• A registered address is required.

The following documents should be submitted for a Private Limited Registration of Company in Delhi:

• PAN card of all directors
• Identity proof bearing the applicant's name
• Address proof bearing the applicant's name
• Two passport-size photographs of each director

Why Choose Company Registration in New Delhi?

Enjoy independent legal existence and identity. Take advantage of permanent succession that ensures that external events do not disrupt the company's operations. Plus, enjoy limited liability benefits that help shareholders and directors protect their assets and offer businesses the opportunity to buy or lease their property. Allows businesses to freely transfer ownership from one person to another.

Requirements for Registration of Company in Delhi

The following are some requirements for an entrepreneur to the registration of Company in Delhi;

• The company name must be unique, i.e., not identical or similar to an already registered company name or trademark.
• The company must have a minimum number of directors (one director for OPC, two for private company, and three for public company).
• Foreign nationals can be directors of a company, but at least one director must be an Indian citizen.
• Director Identification Number (DIN) is compulsory for All directors.
• A company must have a minimum number of members (one member for OPC, two for private company, and seven for public company).
• All directors and shareholders must have a Digital Signature Certificate (DSC) to sign documents and forms.
• It is necessary to have a company registered office address in Delhi.
• Companies must prepare their Memorandum of Association (MOA) and Articles of Association (AOA).

Conclusion -

It always requires the professional help of a expert professional, because as mentioned above registration of company in Delhi is not easy, You can choose onlinexbrl.com for register a company in Delhi.