Guide to Private Limited Company Registration

Registering your business in Delhi is the very first step that one takes towards becoming an entrepreneur. It's not as difficult as you may imagine. There are procedures to follow and documentation to submit, of course, but once you understand how to do them, you can complete them rather fast.

It is a 4-step process that starts with the application for the Private Limited Company Registration in Delhi. Let's go one step at a time! 

#Step 1

Application for the Digital Signature Certificate (DSC)

According to the Ministry of Corporate Affairs (MCA), every director and shareholder of a Private Limited Company needs to get a Digital Signature Certificate (DSC). And this DSC is supposed to be used on all the documents for the filing of the e-Forms in a protected manner as mentioned by the Information Technology Act, 2000. 

 The applicant is needed to submit the following details: 

  • PAN (Permanent Account Number)
  • Aadhar Card
  • Passport Size photo
  • Phone No.
  • Email Address

 

#Step 2

Name Reservation Application (Part A)

 For sure, one must have already decided on the names of the company. Do pick the best two to fill in the SPICE+ Part A form, that is used to reserve a unique company name for your new Private Limited Company Registration. Next, all one needs to help of practicing Chartered Accountant Professionals to fill out and submit this form. 

The SPICe+ Part A form, which is generally used to reserve a distinctive company name for your new private limited company, should be filled out with the top two options. To complete and submit this form, you will require the assistance of qualified specialists. You have the first choice between two-name alternatives.

#Step 3

Details filling for the Proposed Company (Part B)

Most crucial information about your company should be entered into the (SPICe+ Part B form). Make sure the practicing professional receives all the pertinent information. There are 8 sections so far. 

  • Registered Office Address
  • Capital Details
  • Stamp duty
  • Subscriber & Director's Details
  • PAN and TAN Application
  • Attachments
  • Declaration
  • Declaration and certificate by professionals 

Private Limited Company Registration

 

#Step 4

Filling and drafting of Incorporation Form 

An Incorporation Form will be well-drafted and filed as per the important clauses of SPICe + MOA (Memorandum of Association) by the practicing professionals. The clauses, in brief, are explained below: 

  • Name Clause 

One needs to mention the selected name of the company and mention the word "Private/Pvt. Ltd" after the name of the company name entitled. 

  • Registered Office Clause 

The state where your firm was registered is specified in this phrase of the clause.

  • Object Clause 

The main purpose, which is your notion to handle commercial activities, must be mentioned in this phrase, making it the most crucial one.

  • Capital Clause 

Here, your authorized capital and the share of the 'company' is mentioned well. 

  • Subscriber Clause 

You must list the first shareholder's information as well as the total number of subscribed shares. The subscribers and professionals then attach the DSC to the MCA before submitting it for approval.

  • Liability Clause 

According to this clause, the member's obligation is constrained by shares.

Key take away 

If you are facing any type of difficulty in applying for Private Limited Company Registration in Delhi, then feel free to contact us for a professional assistance and support in making your firm professionally equipped to work.  

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