Company Registration in Delhi: A Step-by-Step Guide

Delhi, as the capital of India, is a bustling hub of commerce and business activities. If you’re planning to start a company in Delhi, you’ll need to go through the company registration process. Registering a company in Delhi involves several steps, including document submission and compliance with legal requirements. In this comprehensive guide, we will walk you through the process of company registration in Delhi, provide a list of required documents, and answer frequently asked questions (FAQs) to help you get started.

Step 1: Choose the Type of Company

Before you begin the registration process, decide on the type of company you want to register. In India, the most common types of companies are Private Limited Company, Public Limited Company, One Person Company (OPC), and Limited Liability Partnership (LLP). Each has its own advantages and disadvantages, so choose the one that suits your business goals.

Step 2: Obtain Director Identification Number (DIN) and Digital Signature Certificate (DSC)

For company registration, the directors of the company must obtain a Director Identification Number (DIN) and a Digital Signature Certificate (DSC). Here’s how to get them:

DIN:

1. Apply for DIN through the Ministry of Corporate Affairs (MCA) portal by filling out the DIN-1 form.
2. Attach the required documents, such as identity and address proofs.
3. Pay the prescribed fee.
4. Once approved, you will receive your DIN.

DSC:

1. Select a certified agency to apply for a DSC.
2. Provide the necessary documents and complete the application.
3. After verification, you will receive a DSC.

Step 3: Name Approval

Choose a unique name for your company and check its availability on the MCA website. The name should comply with the naming guidelines set by the MCA. Once you have a unique name, apply for name approval through the RUN (Reserve Unique Name) service on the MCA portal.

Step 4: Prepare the Incorporation Documents

For company registration, prepare the necessary incorporation documents, including:

• Memorandum of Association (MOA)
• Articles of Association (AOA)
• Consent letters and declarations from directors
• Affidavits, if required

Step 5: File for Incorporation

Submit the incorporation documents along with the required fees to the Registrar of Companies (ROC) in Delhi. You can file the application for incorporation through the SPICe (Simplified Proforma for Incorporating Company Electronically) form on the MCA portal.

Step 6: Certificate of Incorporation

Once your application is processed and approved, the ROC will issue a Certificate of Incorporation (COI). This certificate officially recognizes your company as a legal entity.

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

After receiving the COI, apply for a PAN and TAN for your company. You can do this through the online portal of the Income Tax Department.

Step 8: Register for Goods and Services Tax (GST)

If your company’s turnover exceeds the prescribed threshold, you must register for GST. The registration can be done online through the GST portal.

Step 9: Open a Bank Account

Open a company bank account in Delhi in the name of your newly registered company. Provide the necessary documents, including the COI, PAN, and TAN, to the bank.

Documents Required for Company Registration in Delhi:

1. Identity and address proofs of directors and shareholders
2. Passport-sized photographs of directors
3. Proof of registered office address (rent agreement, utility bill, etc.)
4. MOA and AOA
5. Consent letters and declarations from directors
6. DSC of directors
7. DIN of directors
8. Affidavits, if required
9. PAN and TAN details
10. GST registration details, if applicable

Frequently Asked Questions (FAQs):

1. How long does it take to register a company in Delhi?
The registration process typically takes 10-15 days, but it can vary based on various factors, including document verification and government processing times.

2. Can a foreign national register a company in Delhi?
Yes, foreign nationals can register a company in Delhi. They need to comply with the Foreign Direct Investment (FDI) regulations and obtain the necessary approvals if required.

3. What is the minimum capital requirement for a Private Limited Company in Delhi?
There is no minimum capital requirement for a Private Limited Company in India. You can start with any amount of capital that suits your business needs.

4. Do I need a physical office in Delhi for company registration?
Yes, you need to have a registered office address in Delhi where official communication from government authorities can be sent. It can be a commercial or residential address.

5. Is it mandatory to obtain GST registration for my company in Delhi?
GST registration is mandatory if your company’s turnover exceeds the prescribed threshold, which varies for different types of businesses.

Conclusion

Registering a company in Delhi is a structured process that involves several steps and compliance with legal requirements. It’s essential to understand the specific needs of your business and seek professional guidance if necessary. By following the steps outlined in this guide, gathering the required documents, and adhering to the legal regulations, you can successfully register your company in Delhi and embark on your entrepreneurial journey in the capital city of India.