Delhi which is the national capital of the country is the hub of startups. Everyday a new startup is opening in the state. Delhi is among the places where most of the company registration happens. If you are also among those entrepreneurs who are thinking about setting up business in Delhi then make sure you are having all the paperworks required for registering an entity in the same state. To know about the important paperwork for registering an entity or corporation in the national capital make sure to read the current blog till its last line.
Types of Registration of Companies Available in Delhi
There are various types of registration of companies in the national capital out of which you can choose the one which is suitable for your entity. Some of the basic types of entity registration are mentioned below:
- Sole Proprietorship Firm Registration that is suitable for those businesses which are small in size and established for the business in particular locality.
- Private Limited Company Registration which is among the entities which are top priority of the entrepreneurs. But in order to choose the same for your business make sure you will understand it in depth.
- Limited Liability Partnership Firm Registration is also there for those who are interred to do business in partnership with all the benefits of the corporate entities.
- Public Limited Company incorporation is best for the big ventures
- Traditional Partnership Firm Registration is also an option but again you need to decide whether it is suitable for your business or not.
What are the Important Company Registration Checks?
It is really important to have all those things which are important before starting the registration process of the companies. Some of the important elements of the company registration process are discussed below:
Minimum Maximum Number of Members
Every type of entity has their own pre decided minimum or maximum limit of members without which you cannot register an entity. Hence before starting the process for registration of any kind of entity make sure you have a minimum number of members available. For example if you want Pvt. Ltd. Company Registration then you should have a minimum of two directors.
Minimum Paid Up Capital
In most of the corporate entities it is mandatory to have the minimum paid up capital. Without this amount you cannot register a corporate entity, hence it is mandatory to have minimum paid up capital before you are going to start any kind of company registration process. If we take the example of private companies, the minimum paid up capital or we can say amount is Rs. 1 lakh.
Important Registration Documents for Companies
In order to complete the process of registration of companies it is really important to have all the required paperwork. Even a single paper can result in rejection of your registration application. Therefore always make sure you are having al; the paperwork available which is mandatory for the company registration in India.
Documents Required for Company Registration in Delhi
List of company registration documents includes the following:
- Director identification proof is needed for the valid registration of a corporate entity.
- Address proof of the key personnels will be required hence must be there with you.
- Memorandum of Association (MOA) as well as Articles of Association (AOA) of the business must be prepared.
- Declaration of compliance is also required sometimes.
- Utility bill for registered office address proof is mandatory.
- No-objection certificate (NOC) from the landlord just in case the office is rented
- Consent letters from directors or partners of the business should be there.
- PAN card of the key personals of the institution
- Digital signature certificate (DSC) are something without which process of registration is incomplete.
- Passport-size photographs of key person must be taken and also make sure they are recent one not older than six months.
- Board resolution authorizing the company formation process should be there during the time of registration.
- Power of Attorney, if applicable in your case
- Incorporation deed for partnership firms is required ], in fact one of the key document for the partnership firm registration.
- Certificate of incorporation for companies previously registered under different acts
- Any other relevant documents specific to the business type or industry
Process of Registration of Company in Delhi
Follow the steps given below in order to get your company registered in the state of Delhi:
- Collect all the required paperwork before starting the registration process.
- Connect with an expert in case you are not aware about the process of registration and filing of the forms
- Take the approval for the name reservation
- File all the important document with the registrar of the companies
- Pay the fees and submit the application before the competent authorities
- After the submission authorities will verify your application
- If get the approval then your business will be registered and you will get the certification
- Now after the above steps you can obtain the PAN as well as TAN of the company
- Open a bank account and commence the business
Conclusion
One of the most important parts of company registration in Delhi or any other part of India is documents. Hence make sure you collect all the required documents before you are going to start the registration procedure. Trust us it will solve half of your queries. Most of the process of the registration of an entity is about the documents. Registration of an entity is nothing but submitting all the important documents relevant to the entity to the Registrar of the Companies. Thus having all the paperwork is really important.
FAQs
- What are the key Requirements of New Company formation?
Among the key requirements of the business registration in Delhi, documents, minimum paid up capital as well as minimum members are there.
- What is the Company incorporation cost in India?
In one word it cannot be said how much it costs to register a business in India because it may vary state to state. It includes the stamp duty, document fees, professional fees etc. overall after including all the things it will cost approximately between Rs. 15000 to 20000/-
- Is it mandatory to register a company?
No, registration of business is not at all mandatory, but as a professional we always suggest you to register your business so that you can get the various benefits of the government which are available for the registered entities.
- Which is the best entity for the businesses?
There are various types of entities which are discussed above in the blog but the one which suits your business requirement is best for your business. It cannot be said that a particular business entity is best or particular is not. Hence before choosing an entity for your business make sure you will research thoroughly about the same.
- What are the necessary documents for the registration of business in India?
Document checklist for the registration of an entity includes but not at all limited to the registered address proof, DSC, DIN, MOA, AOA, passport size photo, contact details, mail IDs etc.
- Is Startupfino Helps in the registration of business in Delhi?
Yes, Startupfino Helps in the registration of business in Delhi.
- Why to choose Startupfino for the registration of the business in Delhi?
There are two reasons due to which StartupFino is the best option for the registration of an entity in Delhi. Firstly we are physically available in NCR and secondly we have an expert team of professionals who can make sure that your registration will be done smoothly without any issue.
