Planning to start your own business in Delhi? Get to know the basics behind the registration processes related to the sort of company or business entity you want to register. There are several differences in the legality of a business and a company. Therefore, to register your existing or new business as a company in Delhi/NCR, we shall be discussing in detail for better understanding.
How to Register a Company in Delhi?
Below mentioned are the steps to register your business as a company in Delhi:
Step 1: Business owner or entrepreneur needs to fulfil the eligibility criteria as per company type
Step 2: Duly fill the application form with passport sized photos and gather all the documents required
Step 3: Finalize a unique name of your company and file an application to reserve it with the Ministry of Corporate Affairs (MCA). Maximum limited to send names is up to 6, then it depends on its availability
Step 4: Contact a lawyer to draft legal documents, including Memorandum of Association (MoA) and the Articles of Association (AoA) and additional, if suggested
Step 5: Submit these forms (Form INC-7, INC-22, and DIR-12) to file for Company’s Incorporation with the Registrar of Companies (ROC) at Delhi office
Step 6: Pay the registration charges, stamp duty and processing fees to the ROC office in Delhi
Step 7: ROC then will verify all the submitted details, if approves then shall issue a Letter of Incorporation
ROC Office Delhi Address
Registrar of Companies,
4th Floor, IFCI Tower, 61, Nehru Place,
New Delhi – 110019
011-26235703, 26235708
email: roc.delhi@mca.gov.in
Documents Required
- Duly filled application form with passport-sized photographs of applicant
- KYC documents of the applicant and directors, such as Passport, Address proof, PAN card, Aadhar card, Utility Bills (Water & Electricity Bills)
- Business Incorporation Certificate
- Business PAN card
- Bank details, including Profit & Loss statement
- NOC from the property’s owner, including rent agreement
- Any other document required by the Registrar of Companies (ROC)
Types of Company’s Registrations
The first thing that comes to mind of a business owner is which type of company to get his/her business registered. Every type of company registration has separate terms and guidelines to be followed. Some of the most common types include are as follows:
- Sole Proprietorship
- Partnership Firm
- Private or Public Limited Company
- Limited Liability Partnership
- One Person Company
- Non-banking Financial Company
- Section 8 Company
- NIDHI Company
- NGO
Eligibility Criteria
The eligibility criteria of each type of company is different and can be checked after finalizing the registration type. However, the basic eligibility criteria to be follow for most of the registration process is below stated:
- Applicant’s minimum age should be 18 years
- Sole proprietorship and One-person company only requires one member or director
- Number of members or directors should be between 2-200 or even more than that
- Minimum 2 directors and 2 shareholders
- DIN must be available with each Director
- Company’s incorporation certificate is mandatory
- Applicant should be Indian citizen or resident
Benefits of Company Registration in New Delhi
- Loans at low interest rates
- Separate identity and legal existence
- Limited liability of a member
- Subsidy and tax benefits
- Helps in getting Govt. tenders at ease
- Ownership can be transferred easily
- Helps in buying or leasing their property
- It can sue and can sued in its name
Company registration process in Delhi is not difficult as there are numerous entities and organizations that assist in providing hassle-free and affordable services through online as well as offline process. For the various other types of registrations like Company registration, MSME registration or Udyam registration, you can click on these links to find out more information that can be even more beneficial for your future endeavors.