All You Should Know About Company Registration in Delhi

About Private Limited Company Registration 

According to the 2013 Act, a private corporation must have a minimum of two members and a maximum of 200 members in order to be incorporated. The shareholders of any private limited business are not required to liquidate their personal assets in the event of financial risk, meaning they should have limited liability. 

Private limited companies in Delhi (India) have been around from a very long-time duration. A private limited company continues to operate even if, one or more of its members pass away or declare 'bankruptcy'. Two directors are required for online company registration, and a firm may have up to 15 directors’ total. 

The prospective director must be at least 18 years old. Any private limited company in India may elect a foreign national as a director. 

For the registration of a private limited company, there is no minimum paid-up capital requirement. Every private limited corporation must follow their name with "Pvt. Ltd."

The private limited corporation has no connection to the public and is not permitted to demand any security from any public or public sector. 

Individuals are not accountable for the transfer of shares in a private limited business, protecting them from takeover attempts by large corporations.

Know how Alonika can help you with Private Limited Company Registration in Delhi: 

  • help in the filling of the 'applications'
  • help in managing & preparing documents
  • Every step 'support' 

What are the formalities associated with Company Registration?

 The post and important formalities are as follows: 

 #Corporate Stationery 

the company must obtain the corporate staffs to use in the matter of compliances.  

 #Name on Board 

Companies are required to put the name of the company, and the location of its registered office outside their office location. 

 #Share Certificates 

The Companies must address and share the certificates with all the contributors within the 2 months duration from the date of establishment. 

#Letterhead 

All stationery, receipts, announcements, and other official corporate records must include the company's name and registered office address.

#Appointment of Auditor 

The first auditor of the company must be a Chartered Accountant, and the Board of Directors must make that designation within 30 days of the creation of the firm.

#Stautory Register

Every corporation is required to keep a statutory register that includes details about the shareholders and management of the company, including a list of directors, a register of members, charges, and debentures.

 

Private Limited Company Registration in Delhi

Organizational Structure Comparison Guide to give you an ‘Overview’:

 

Partnership Firm 

  • an entity is not a 'separate legal' entity
  • minimum 2 members & maximum 20 members 
  • Entity Registration under the Partnership Act, 1932.
  • this firm is reliable of only for 30% of the company's profit 

LLP 

  • an entity is a separate legal entity 
  • minimum 2 members are required. No limit to the maximum number of members
  • LLP is registered under MCA
  • It is reliable to pay income tax of 30% of Profit Plus CESS and Surcharges applicable 

Private Limited Company Registration 

  • An entity is considered a separate and legal entity as well
  • There must be a minimum of 2 and a maximum of 200 members;
  • Members' responsibility is only up to the value of their share capital;
  • A private company must pay income tax at the rate of 30% of its profit plus any applicable CESS and surcharges.

OPC 

  • The entity is a separate legal entity 
  • One member is required 
  • transfer of OPC is allowed to only one person
  • ITR is filled with the Registrar of Companies 

Proprietorship 

  • the entity is not considered a separate legal entity 
  • One member team is maximum
  • here, the registration is not compulsory 
  • the ITR (Income Tax Returns) is filled with the Registrar of Companies 
  • the transferability option is only for one person 

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