Company Registration in Delhi

Private Limited Company Registration in Delhi

Company Registration in Delhi is a hassle-free process with us. Company Registration in Delhi can be done in 5-7 working days once all the required documents are received. A Private Limited Company requires a minimum of 2 directors and shareholders and a registered address proof of the office. Our team will guide you in detail about the process and keep you updated with the status and next steps during the entire process of Company Registration

Checklist for registering a Company in New Delhi

• A minimum of two members
• The minimum capital required to start the private limited is Rs. 100,000
• DIN of two members.
• DSC or Digital Signature for all director
• Consent either from the subscriber or director
• Address proof of the registered address
• NOC which will be provided by the owner of the property or premises
• A minimum of 1 Director must be a resident of India

Documents Required for Private Limited Company Registration in Delhi

• Two colored photographs of all the members
• PAN card of all the associates
• Address proof of all the directors
• If the premises is on rent or lease then the respective documents need to be provided
• Signature on DSC form, Affidavit for the DIN, consent form, and subscriber sheet

Company Registration Process in Delhi

1. Documents Submission: As a primary step, our team will share a documents checklist with you. so as a next step, you share the required documents with our team. For any queries, our team will be happy to guide you.
2. Name Approval Process: As a next step, our team will request you to share 2 proposed names for preliminary research of name availability. Then, we will apply for the name which has a higher chance of approval from the Ministry of Corporate Affairs. This step takes approximately 1-2 business days.
3. Registering DSCs of the directors: As a next step, our team will register DSCs for the directors of the company. The need for DSC arises while signing the incorporation application.
4. SPIC e+ Form Application: Next, our team will prepare the documents in the format accepted by MCA and fill upload the same while filling out the SPIC e+ form.
5. Incorporation of Company: That’s all. The MCA review and approve the application in 2-3 working days. Post that, we will share the PAN, TAN, and Certificate of Incorporation of your company.

Compliances after company Registration in Delhi

• Hold the first meeting of the company’s board of directors no later than 30 days after registration.
• Appoint an initial auditor. Additionally, submit information about him to the MCA via Form 1 ADT.
• Open a bank account within 60 days of registration.
• Deposit capital in the bank as per the MCA form so that we can obtain a certificate of commencement
• Issue shares within 60 days of company registration.
• Hold regular board meetings and prepare, manage and save your meeting minutes.
• The company needs to submit an MSME-1 form
• Companies registered under ESI, PF, and GST must submit monthly or quarterly reports as required. In addition, companies that own TAN must deduct and store the required amount of TDS each month. Once every quarter.
• Income Tax filing: The Companies have to file their income tax return each year in Form ITR 6.
• Annual return: The Companies need to file the MCA annual return mandatorily each year in Form AOC 4 and MGT 7.
• DIN KYC: Each year for the proposed directors of the Company.

FAQ – Frequently Asked Questions

What are the rules for picking a name for a private limited company?

The registrar of companies (RoC) across India expects applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval. First, however, do ensure that your name is available.

How much time is taken to register a private limited company in India?

If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.

Do I need to be physically present during this process?

No, new company registration is a fully online process. As the entire process is digital, there is no requirement to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

What documents are required to complete the process?

All directors must provide identity and address proof, as well as a copy of the PAN card (for Indian nationals) and passport (for foreign nationals). No objection certificate must be submitted by the owner of the registered office premises.

Does a private limited company have continuous existence?

Yes, so long as the annual compliances are met, the private limited company will continue to exist. If you do not comply with the requirements, it will go dormant, until it is struck off the register altogether.

Is it necessary to have a company’s books audited?

Yes, a private limited company must hire an auditor, no matter what its revenues. In fact, an auditor must be appointed within 30 days of incorporation. Compliance is important with a private limited company, given that penalties for non-compliance can run into lakhs of rupees and even lead to the blacklisting of directors.

What are articles of association and memorandum of association?

These documents contain the rules, vision, and mission of your organization, and define them. Additionally, the exact business and the roles and responsibilities of shareholders and directors.

What is the minimum capital requirement to register a private limited company in Delhi?

There is no minimum capital required for starting a private limited company.

Can the limited liability partnership (LLP) be converted to a private limited company?

No, one cannot convert an LLP into a private limited company as it is not under MCA. The LLP Act, 2008, and the Companies Act, 2013, both don’t have any provisions on the conversion of the LLP is a private limited company. However, if one wants to expand their business they can register a new private limited company with the same name. The LLP company needs to just issue a no-objection certificate.

If there are no partners available, then can one register their family members in the company?

Yes, it is good to register a family member as a partner. At a later stage, one can change this or transfer shares of the directors.