Step-by-Step Guide to Private Limited Company Registration in Delhi: Everything You Need to Know

 

Starting a business in Delhi can be a lucrative venture, given the city's thriving economy and dynamic business environment. One of the first steps to take when starting a business in Delhi is to register it as a private limited company. A private limited company is a separate legal entity from its owners and provides many benefits, such as limited liability protection and easier access to funding. In this blog, we'll explore the process and Documents involved in registering a private limited company in Delhi.


Step 1: Obtain Digital Signature Certificate (DSC)
The first step for a Private limited Company Registration in Delhi is to obtain a Digital Signature Certificate (DSC). Electronic document signatures are made using digital signatures. It is necessary to obtain a DSC for at least one of the company's directors or promoters. The DSC can be obtained from a certified agency.


Step 2: Obtain your Director Identification Number (DIN) here.
Applying for a Director Identification Number (DIN) is the next step. A DIN is a unique identification number that is assigned to each director of a company. The application for DIN can be made online on the Ministry of Corporate Affairs (MCA) website. The applicant will need to provide their personal details and supporting documents such as address proof, identity proof, and photographs.


Step 3: Choose a Company Name
The third step is to choose a name for the company and ensure that it is available for use. The name must be original and distinct from any brand or company that already exists. On the MCA website, you can see if the company name is available.


Step 4: Draught the Memorandum of Association (MOA) and the Articles of Association (AOA).
The company's Articles of Association (AOA) and Memorandum of Association (MOA) must be drafted next. The MOA and AOA are legal documents that outline the company's objectives, rules, and regulations. The MOA and AOA can be drafted by a legal professional.


Step 5: File an Application for Incorporation
The next step is to file an application for incorporation on the MCA website. The following documents must be included with the application:

• MOA and AOA
• Proof of address of the registered office
• The directors' addresses and confirmation of identity are provided.
• DSC of one of the directors
• Payment of the registration fee

Step 6: Obtain a Certificate of Incorporation
Once the application is approved, the Registrar of Companies (ROC) will issue a Certificate of Incorporation. The Certificate of Incorporation is proof that the company has been legally registered and is now a separate legal entity.


Step 7: Apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN)


The application process for a PAN and TAN (a tax deduction and collection account number) is the last step. PAN is a unique identification number assigned to the company for tax purposes, while TAN is a 10-digit alphanumeric number required for deducting and collecting taxes. The application for PAN and TAN can be made online on the NSDL website.

Documents Needed for Pvt Ltd Company Registration in Delhi

For a Pvt Ltd Company Registration in Delhi, several documents are required to be submitted. These documents are essential and play a significant role in the registration process. Here is a list of the required documents for Private Limited Company Registration in Delhi:

1. Identity Proof: The directors and shareholders of the company need to submit their identity proof documents, such as an Aadhaar card, Passport, Driving license, or Voter ID card.
2. Address Proof: The address proof documents of the directors and shareholders need to be submitted. Documents like a passport, electricity bill, bank statement, telephone bill, or gas bill can be submitted as address proof.
3. Passport Size Photograph: The directors and shareholders must submit a passport-size photograph.
4. Digital Signature Certificate: The directors must have a valid digital signature certificate (DSC) to file the application. Electronic signatures on documents are made using the DSC.
5. Director Identification Number (DIN): The directors of the company need to obtain a DIN from the Ministry of Corporate Affairs (MCA) by submitting an application.
6. Memorandum of Association (MOA): The MOA is a legal document that outlines the company's objectives, rules, and regulations.
7. Articles of Association (AOA): The AOA is a legal document that outlines the company's rules and regulations for internal management.
8. Address Proof of Registered Office: The company needs to submit address proof documents of the registered office, such as an electricity bill, telephone bill, or property tax receipt.
9. Certificate of Incorporation: If the company is being converted from a partnership or LLP, a copy of the certificate of incorporation needs to be submitted.
10. No Objection Certificate: If the registered office of the company is not owned by the company, a no-objection certificate from the owner of the property needs to be submitted.
11. Power of Attorney: If the registration process is being carried out by a professional or an agent, a power of attorney needs to be submitted.

Conclusion

In conclusion, a Private Limited Company Registration in Delhi NCR requires several steps and legal formalities. It is advisable to seek the assistance of a legal professional to ensure that all the necessary steps are completed correctly and in a timely manner. Once the company is registered, it can enjoy the benefits of being a separate legal entity and access funding opportunities that may not be available to other types of businesses.

Read Our Other blogs to Know More about Private Limited Company Registration 

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