A Comprehensive Guide to Company Registration in Delhi, India

submitted by Aplite Advisors on 08/28/23 1

Embarking on the journey of establishing a company in Delhi, India requires meticulous adherence to the formalities of company registration. We present to you a methodical guide encompassing the essential steps for Company Registration in Delhi. Given the potential evolution of procedures and requisites, it is strongly recommended to seek counsel from legal experts or official sources for the most contemporary information. 1. Selecting the Appropriate Company Type: At the inception of the registration process, the pivotal decision involves selecting the specific company structure. This choice encompasses possibilities such as private limited company, public limited company, one person company (OPC), and limited liability partnership (LLP). 2. Procurement of Digital Signature Certificate (DSC): For facilitating online form submissions, the acquisition of Digital Signature Certificates for all intended directors and shareholders is imperative. These certificates serve as secure and authenticated tools for online transactions. 3. Attaining Director Identification Number (DIN): Application for the Director Identification Number (DIN) for each appointed director is the subsequent step. This unique identification number is an obligatory prerequisite for all directors and necessitates completion of an online application. 4. Reservation of Company Name: Opting for a suitable company name and subsequently verifying its availability entails applying for the reservation of the chosen name through the Registrar of Companies (RoC). It is essential that the name adheres meticulously to the nomenclature stipulations of the Ministry of Corporate Affairs (MCA). 5. Drafting and Formulating Documents: The formulation of the Memorandum of Association (MOA) and Articles of Association (AOA) constitutes the preparatory stage. These documents delineate the company's objectives, regulations, and governance framework, holding an indispensable role in the registration process. 6. Submission of Incorporation Forms: Submission of the pertinent incorporation forms via the online portal of the Registrar of Companies is a requisite procedure. The principal form employed for this purpose is the SPICe (Simplified Proforma for Incorporating Company Electronically) form, necessitating comprehensive information pertaining to the company's particulars, directors, shareholders, and share capital. 7. Fulfilling Fee Obligations: The discharge of the mandatory fees for company registration and stamp duty entails an online transaction through the Ministry of Corporate Affairs (MCA) portal. The fee quantum is contingent upon the company's nature and the stipulated authorized share capital. 8. Scrutiny and Endorsement: The Registrar of Companies (RoC) undertakes a comprehensive review of the submitted documents, reserving the prerogative to seek supplemental information if deemed necessary. Upon satisfaction, the RoC bestows the Certificate of Incorporation, symbolizing the company's formal establishment. 9. Application for PAN and TAN: Facilitating the requisites for tax-related obligations necessitates the application for a Permanent Account Number (PAN) and a Tax Deduction and Collection Account Number (TAN) for the freshly registered entity. 10. Initiation of Banking Relations: Subsequent to securing the Certificate of Incorporation, the commencement of a corporate bank account in the company's name becomes imperative, wherein the initial capital is deposited. 11. Conformance and Post-Registration Formalities: The culmination of the registration process initiates compliance-oriented tasks, including the inaugural board meeting, issuance of share certificates, and procuring pertinent licenses and permits. In conclusion, the act of registering a company in Delhi entails a systematic and meticulous progression. Given the dynamic nature of regulations and procedures, prudence dictates regular consultation with legal professionals or direct reference to the official channels of the Ministry of Corporate Affairs or the Registrar of Companies to remain apprised of the contemporary requisites before embarking on the registration odyssey. Aplite Advisors is a leading CA Firm in Delhi offer business registration, accounting, finance, taxation and legal services to start-ups, SMEs and multinational companies across industry verticals and sizes.

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