The process of registering a private limited company in Delhi, India, follows the guidelines and regulations laid out by the Ministry of Corporate Affairs (MCA). Here's an overview of the registration process specific to Delhi:
Name Reservation: The first step is to choose a unique name for your company and check its availability. You can do this by conducting a name search on the MCA website or by using the SPICe+ (Simplified Proforma for Incorporating Company electronically) form. The name should adhere to the naming guidelines provided by the MCA.
Digital Signature and Certificates: Obtain Digital Signature Certificates for the proposed directors of the company. DSCs are required to sign electronic forms during the registration process. These certificates can be obtained from certifying authorities.
Director Identification Number: Each director of the company must obtain a Director Identification Number (DIN) from the MCA. This can be done by filing the DIR-3 form online with the necessary supporting documents, such as identity and address proofs.
Preparetion of Documents: Prepare the necessary documents required for registration, including the Memorandum of Association (MOA) and Articles of Association (AOA). These documents define the company's objectives, share structure, and internal regulations. Other documents may include address proofs, identity proofs, and consent letters from directors and shareholders.
Filling of Incorporation Documents: Submit the required forms and documents to the MCA through the SPICe+ form. This integrated form includes various sections for company incorporation, DIN allotment, PAN and TAN applications, and more. Attach the necessary documents, including MOA, AOA, and address proofs.
Payment of Fees: Pay the prescribed fees for company registration and other related services. The fee amount depends on the authorized share capital and the number of directors. The payment can be made online through the MCA portal.
Certificate of Incorporation: After reviewing the documents and forms, the Registrar of Companies (ROC) will issue a Certificate of Incorporation (CoI) if everything is in order. The CoI confirms the registration of the private limited company and includes details such as the Corporate Identification Number (CIN) and the date of incorporation.
PAN and TAN Application: Apply for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the newly incorporated company. These can be applied for online through the MCA portal or directly from the Income Tax Department's website.
Types of Private Limited Company in Delhi
Limited by shares: The liability of the members is limited to the amount unpaid to the company concerning the shares held by them.
Limited by guarantee: Here the members’ liabilities are limited to the amount of money they guarantee to pay in case the company is wound-up.
Unlimited liability: The liability of members is unlimited in this type of private company. Personal assets of members can be attached and sold when the company is being wound-up.