Delhi has emerged as the start-up hub of India, as highlighted in the Economic Survey 2021-22. The period from April 2020 to December 2022 witnessed the addition of over 5,000 recognised start-ups in Delhi. The city has become a prominent commercial centre in North India, fuelled by diverse industries including information technology, telecommunications, etc. This is cited as a key factor contributing to the rapid growth of entrepreneurial activities in the region. In this blog, we shall learn about company registration in Delhi.
Different Types of Company Registration in Delhi
In Delhi, the establishment of every company falls under the Companies Act 2013, with oversight from the Ministry of Corporate Affairs in India. The various types of company registration in Delhi that can be done are:
One Person Company
An OPC is a unique company structure designed for single-member ownership. This form of opc registration is particularly suitable for sole entrepreneurs who wish to establish and operate a company independently.
Limited Liability Partnership
LLP registration involves the incorporation of a company by two or more partners. This structure is ideal for a collective of individuals aiming to initiate a business venture as partners while enjoying the benefits of limited liability.
Private Limited Company
A private limited company registration is formed by a minimum of two members. This type of registration is well-suited for entrepreneurs with the intention of securing funds for their business ventures, as it provides a framework for private investment.
Public Limited Company
Established by a group of individuals who intend to offer company shares to the public, a public limited company registration is a more extensive and publicly-oriented form of business registration. This structure allows for broader ownership and the trading of shares on the stock market.
Requirements for Company Registration in Delhi
To initiate the process of company registration in Delhi, entrepreneurs must adhere to specific prerequisites. These requirements are essential for ensuring a smooth and legally compliant process of company registration in Delhi are:
- Unique Company Name:
The proposed company name must be distinctive, avoiding any similarity with existing registered company names or trademarks.
- Minimum Directors:
The number of directors required varies based on the type of company:
- One director for One Person Company
- Two directors for a Private Limited Company
- Three directors for a Public Limited Company
- Citizenship Requirements:
Foreign nationals are allowed to be directors, but at least one director must be an Indian citizen.
- Director Identification Number:
All directors must obtain a Director Identification Number as part of the registration process.
- Minimum Members:
The minimum number of members is specified for different types of companies:
- One member for OPC
- Two members for a Private Limited Company
- Seven members for a Public Limited Company
- Digital Signature Certificate:
Directors and shareholders must possess a Digital Signature Certificate for signing documents and forms electronically.
- Registered Office Address:
The company must have a registered office address located within the jurisdiction of Delhi.
- MoA and AoA:
The company is required to prepare its MoA and AoA as part of the registration documentation. These documents outline the company's objectives, structure, and internal regulations.
Authorities for Company Registration in Delhi
In the context of company registration in Delhi, the process is done through online channels. The submission of the completed company registration form and necessary documents is done through the Ministry of Corporate Affairs website, with subsequent processing handled by the Central Registration Centre.
Central Registration Centre:
The CRC is responsible for processing the submitted registration forms and documents, ensuring the efficiency and accuracy of the registration process. Upon successful completion of the registration formalities, the Registrar of Companies for the respective state issues a digitally signed Certificate of Incorporation.
Registrar of Companies, Delhi (Delhi ROC):
In Delhi, the authority overseeing company and Limited Liability Partnership registration is the Registrar of Companies, Delhi (Delhi ROC). This office is responsible for facilitating and regulating the registration of companies in the region.
Contact Information for Delhi ROC:
Address: Registrar Of Companies, 4th Floor, IFCI Tower, 61, Nehru Place, New Delhi – 110019
Email ID: roc.delhi@mca.gov.in
Entrepreneurs engaging in company registration in Delhi can refer to the Delhi ROC for guidance, verification, and the issuance of essential documentation, for transparency and legitimacy of the registration process.
Documents Required for Company Registration in Delhi
To facilitate the company registration in Delhi, entrepreneurs are required to submit a set of essential documents. The necessary documentation includes:
- PAN Card:
PAN card of every director and shareholder involved in the company.
- ID Proof:
ID proof of every director and shareholder, which can be one of the following:
- Aadhaar card
- Voter ID card
- Driving licence
- Passport (for foreign nationals)
- Address Proof:
Address proof of every director and shareholder, acceptable documents include:
- Bank account statement
- Latest electricity, water, or internet bill
- Mobile bill (not older than three months)
- Resident card, bank statement, or driving licence (for foreign nationals)
- Proof of Registered Office Address:
Documentation proving the registered office address of the company, which can be one of the following:
- Electricity, gas, internet, or water bill
- Rental agreement and No Objection Certificate (NOC) from the owner (if the premises are leased)
- Latest property tax receipts
- Sale deed or property registration deed (if the premises are owned)
Ensuring the submission of these documents is central for a successful and legally compliant company registration process in Delhi. Entrepreneurs should carefully gather and provide the required paperwork to expedite the registration of their companies.
Company Registration Process in Delhi
The company registration process in Delhi involves several steps to ensure compliance with legal requirements and the issuance of essential documentation. The following are the steps for the process:
- Obtain Digital Signature Certificate and Director Identification Number:
All directors must apply for and obtain their Digital Signature Certificates and Director Identification Numbers.
- Reserve Company Name:
Fill Part-A of the SPICe+ form and reserve the chosen company name through the Ministry of Corporate Affairs website.
- Provide Company Details:
Complete Part-B of the SPICe+ form, furnishing essential details about the company.
- Prepare eMOA and eAOA:
Draft and file the electronic versions of the Memorandum of Association and Articles of Association.
- Fill AGILE-PRO Form:
Complete the AGILE-PRO form for the purpose of opening a bank account and registering with EPFO, ESIC, GSTIN, and professional tax if applicable.
- Upload Documents:
Upload all necessary documents required for the registration process.
- Submission of SPICe+ Form:
Submit the completed SPICe+ form on the MCA website, attaching the DSC of the proposed director and a declaration by a professional (Chartered Accountant/Company Secretary/Cost Accountant/Advocate).
- Payment of Fees:
Pay the required company registration fees and Registrar of Companies stamp duty on the MCA website, generating the necessary challans.
- Processing by CRC:
The Central Registration Centre will process the application and forward it to the Registrar of Companies once all documents are deemed in order.
- Registration by ROC:
The ROC will register the company and issue the following:
- Company Incorporation Certificate
- Company Permanent Account Number
- Company Tax Collection and Deduction Number
By following these steps, entrepreneurs can successfully go through the company registration process in Delhi and obtain the requisite legal documentation for their newly established businesses.
Final Thoughts
The process of company registration in Delhi is a simplified and digitised procedure overseen by the Ministry of Corporate Affairs. Entrepreneurs must adhere to specific documentation requirements, including PAN cards, ID proofs, address proofs, and evidence of the registered office address. The incorporation process involves obtaining DSC and DIN, filling the SPICe+ form, and submitting necessary details and documents online. The Central Registration Centre processes applications, and upon approval, the Registrar of Companies issues essential certificates. This efficient and transparent process reflects Delhi's commitment to promoting a business-friendly environment, encouraging entrepreneurship and legal compliance.
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