Registering a Private Limited Company in Delhi Unlocks Your Business's Potential
Private limited company registration in Delhi is simple and crucial. Delhi is home to some of India's most innovative new businesses. New company registration is becoming increasingly popular among business owners and startup enthusiasts. They have legal standing and can take advantage of any subsidies or tax breaks provided by state, regional, or national governments.
Establishing a company or firm is a necessary first step in starting a business. Your business can qualify for private limited company status if it has achieved significant success and you have more than two partners. Company registration in Delhi makes it simple to give your company a legitimate and long-lasting veneer.
Why Should You Register A Private Company In Delhi?
There are several benefits to registering a private company in Delhi.
- Legal
recognition: Registering
a private company in Delhi gives the business legal recognition and allows
it to operate within the state.
- Limited
liability: Private
companies have limited liability, which means that if the company goes
bankrupt, the shareholders' assets are safe.
- Separate
legal entity: A private
company is a separate legal entity from its shareholders. It means it can
sign contracts, borrow money, and own property in its name.
- Access
to funding: Registered
companies have access to various funding sources, including bank loans and
venture capital.
- Credibility: A registered business can raise
its credibility and make it more appealing to customers and business
partners.
- Easy
to comply with the regulatory norms:
Delhi has a well-established system for company registration, making it
easy for businesses to comply with the regulatory rules and avoid legal
complications.
Eligibility Requirements for Company Registration in Delhi
- Two
shareholders and directors are the minimum. However, stockholders and
directors may be the same individuals.
- One
of the board members must be a legal resident of India. It means that they
have lived in the country for at least 182 days in a row.
- Every
business must have a registered office address from which it conducts its
operations.
- The
company's directors will need a digital signature certificate and a
director identification number to file applications online.
- The business owners must create the necessary legal documents, including a shareholder's agreement, an MOA, and an AOA.
Documents
Required For Company Registration in Delhi
The documents required for company
registration in Delhi will vary depending on the type of company you
are registering.
- PAN
Card of the directors
- Identity
proof of the directors (Aadhar card, passport, voter ID)
- Address
proof of the directors (Aadhar card, passport, voter ID, utility bill)
- NOC
from the landlord (if the registered office address is on rent)
- MOA
and AOA of the company
- Digital
signature of the directors
- Proof
of business address (rent agreement, utility bill, certificate of no
objection)
- GST
registration (if applicable)
- TAN
registration (if applicable)
- Incorporation
fee
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