Company Registration

How To Register A Company In Delhi?

Starting a business in Delhi can be an exciting venture. The city offers a dynamic market, a thriving economy, and a supportive business environment. If you want to start Register a company in Delhi, you must follow a clear process to register your company legally. Here is a step-by-step guide to help you navigate the registration process.

1. Choose the Type of Company

Before you start the registration process, you must decide on the type of company you want to form. In India, you can choose from several types of companies, including:

  • Private Limited Company: This is the most popular choice for small and medium-sized businesses. It offers limited liability to its shareholders and allows for easy transfer of shares.
  • Public Limited Company: Suitable for larger businesses planning to raise capital from the public. It has stricter regulatory requirements.
  • One Person Company (OPC): Ideal for solo entrepreneurs, an OPC allows a single person to own and run a company.
  • Limited Liability Partnership (LLP): Combines the benefits of a partnership and a company, offering limited liability to partners.
  • Sole Proprietorship: A simple and inexpensive way to start a business, but it doesn’t provide limited liability protection.

2. Obtain Digital Signature Certificate (DSC)

The registration process requires you to file forms online. For this, you need a Digital Signature Certificate (DSC). You can obtain a DSC from government-approved agencies. Directors and shareholders of the company need DSCs.

3. Apply for Director Identification Number (DIN)

You need a Director Identification Number (DIN) for each director of your company. You can apply for DIN through the Ministry of Corporate Affairs (MCA) website. Fill out the DIN application form (DIR-3), upload the required documents, and pay the application fee.

4. Reserve Your Company Name

Choose a unique name for your company and check its availability on the MCA portal. You can reserve the name by filing the RUN (Reserve Unique Name) form. The name should not be similar to any existing company or trademark. You can propose two names in order of preference.

5. Prepare the Documents

Prepare the necessary documents for company registration in Delhi. These include:

  • Memorandum of Association (MOA): This document outlines the objectives and scope of the company.
  • Articles of Association (AOA): This document details the rules and regulations governing the company.
  • Proof of Registered Office: Provide proof of the company’s registered office address, such as a rental agreement or utility bill.
  • Identity and Address Proof of Directors and Shareholders: Submit documents like Aadhar card, PAN card, passport, and utility bills.
  • NOC from Property Owner: If you use a rented property as the registered office, obtain a No Objection Certificate (NOC) from the owner.

6. File Incorporation Forms

File the incorporation forms with the MCA. You need to submit forms like SPICe (Simplified Proforma for Incorporating Company Electronically) along with the MOA, AOA, and other required documents. Pay the registration fees online. The MCA will review your application and, if everything is in order, will issue the Certificate of Incorporation.

7. Apply for PAN and TAN

Apply for the Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for your company. You can do this through the MCA portal while filing the SPICe form. These numbers are essential for tax purposes.

8. Open a Bank Account

After receiving the Certificate of Incorporation, open a bank account in the name of your company. You need the Certificate of Incorporation, PAN, TAN, and other KYC documents to open the account. This account will be used for all financial transactions of the company.

9. Register for GST

If your company engages in the supply of goods or services, you must register for the Goods and Services Tax (GST). You can apply for GST registration on the GST portal. GST registration is mandatory if your turnover exceeds the prescribed threshold limit.

10. Comply with Other Legal Requirements

Depending on your business type, you may need to comply with other legal requirements. These include:

  • Professional Tax Registration: If applicable in your state.
  • Employee State Insurance (ESI) Registration: Mandatory if you have more than 10 employees.
  • Provident Fund (PF) Registration: Required if you have more than 20 employees.
  • Shop and Establishment Act License: If applicable to your business.

Conclusion

Registering a company in Delhi involves several steps, but it is essential for establishing a legal business entity. Follow this guide to ensure a smooth registration process. Starting a company legally helps you build trust with customers, protect your assets, and comply with government regulations. By understanding and following these steps, you can set up your business successfully in Delhi.

If you need assistance with company registration in India, MC Maheshwari is here to help. We offer expert guidance and support throughout the registration process, ensuring your business gets off to a strong start. Contact us today to learn more about how we can assist you.

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