Information Required for Company Registration in Delhi: A Complete Guide by PayMyTax

Establishing a company is an exciting yet intricate journey for entrepreneurs in Delhi. One of the first steps in this process is understanding the information required for company registration in Delhi. Proper documentation and information are crucial for ensuring a smooth registration process and compliance with legal regulations.

This comprehensive guide aims to provide you with detailed insights into the essential information needed for registering a company in Delhi. From the necessary documents to the registration process, we will cover all aspects to help you navigate this crucial step effectively. With PayMyTax, you can receive expert assistance to simplify the company registration process.

Types of Companies in Delhi

Before we delve into the specific information required for company registration in Delhi, it’s essential to understand the different types of companies that can be registered. Each type has its own set of requirements and documentation needs:

1. Private Limited Company (Pvt Ltd): This type of company is popular among startups and small businesses. It requires a minimum of two directors and two shareholders, with limited liability for its members.

2. Public Limited Company (Ltd): A public limited company can raise capital by issuing shares to the public. It requires a minimum of three directors and seven shareholders.

3. One Person Company (OPC): This innovative structure allows a single individual to operate a business with limited liability, combining the benefits of a sole proprietorship and a corporation.

4. Limited Liability Partnership (LLP): An LLP offers the flexibility of a partnership while providing limited liability to its partners, making it suitable for professional services firms.

5. Section 8 Company: These are non-profit organizations registered for promoting social causes and are governed under the Companies Act, 2013.

Understanding the type of company you wish to register is essential as it dictates the information required for company registration in Delhi.

Essential Information Required for Company Registration in Delhi

Here’s a detailed breakdown of the information required for company registration in Delhi based on the type of company you choose:

1. Details of Directors and Shareholders

You must provide specific information about the directors and shareholders involved in the company. This includes:

• Names: Full legal names of all directors and shareholders.
• Addresses: Residential addresses of each director and shareholder.
• Contact Numbers: Valid phone numbers for communication.
• Email Addresses: Official email addresses for all directors and shareholders.
• Identity Proof: Government-issued identity proof such as Aadhaar cards, PAN cards, or passports for each director and shareholder.
• Photographs: Recent passport-sized photographs of all directors and shareholders.

2. Proposed Company Name

Choosing a unique and relevant name for your company is crucial. The proposed name must comply with the guidelines set by the Ministry of Corporate Affairs (MCA). The information required includes:

• Desired Name: A list of preferred names for your company.
• Name Availability: A request to check the availability of the desired name through the MCA portal.

3. Registered Office Address

Every company must have a registered office address for official communications. The information required includes:

• Address: Complete address of the registered office, including state, district, and pin code.
• Proof of Address: Documentary proof for the registered office, which can include:
  • Utility bills (electricity, water, etc.) in the company name or directors’ names.
  • Rental agreement if the office is rented.
  • No Objection Certificate (NOC) from the property owner if applicable.

4. Memorandum of Association (MoA) and Articles of Association (AoA)

The MoA and AoA are essential documents that outline the company’s objectives, rules, and regulations. The information required includes:

• MoA Draft: A draft stating the company’s main objectives, business activities, and registered office location.
• AoA Draft: A draft detailing the internal regulations governing the company’s operations.

These documents must be drafted carefully and should comply with the Companies Act, 2013.

5. Authorized Capital

Information regarding the company’s authorized capital must be provided, which includes:

• Amount of Capital: The total value of shares the company is authorized to issue.
• Breakdown of Shares: Details about the number of shares and their nominal value.

This information is crucial for calculating the registration fees and stamp duty.

6. Director Identification Number (DIN)

Every director of the company must have a Director Identification Number (DIN). The information required includes:

• DIN Application: A request for DIN for each director, which involves submitting identity and address proof.

7. Digital Signature Certificate (DSC)

A Digital Signature Certificate is required for signing electronic documents during the registration process. The information needed includes:

• DSC Application: Request for DSC for all directors and authorized signatories.
• Identity Proof: Submission of identity and address proof for obtaining the DSC.

8. Bank Account Information

After registration, a bank account will be needed for the company. The information required includes:

• Bank Name: Preferred bank for opening the corporate account.
• Account Type: Type of account (savings, current, etc.).

9. Additional Information (if applicable)

Depending on the nature of your business, you may need to provide additional information, such as:

• Industry Licenses: If your company operates in a regulated industry, licenses and permits may be required.
• GST Registration: If your company’s turnover exceeds the prescribed limit, GST registration will be necessary.