What is a Private Limited Company registration in Delhi NCR ? 

A private limited company is essentially a business entity that is privately owned/ held and online company registration in Delhi NCR is important for it. The shares of a private the name private limited is also used to show a company in contrast to a public ownership. It is abbreviated as Pvt. Ltd. in Delhi. It has a minimum of 2 members and a maximum of 200 members.

However, it should be noted that this abbreviation is different in different countries. For instance, in USA it is either LLC, PVC or PHC. In some countries like UK it is also simply abbreviated as Ltd.

Majority of the Online company registration in Delhi NCR are of private Limited Company. The act provides that for a company to form ones of the essential things is to get itself registered according to the provisions of this act and this implies that a the Online company formation in Delhi NCR which is not registered under this act is for the purposes of this act not actually a company. (section 3 of the Companies Act of 2013) The reason for this is the vast advantages that the Online Company incorporation Delhi NCR offers for private limited company. Further getting online company registration in delhi NCR gives you legal authorisation to conduct your business in preferred zones.

 

Types of PVT LTD Company Registration in Delhi NCR

Types of private limited company registration in Delhi NCR–  (from section 3 (2) of the Companies Act of 2013)

    1. Company limited by shares – refers to a company that has the liability of its members limited to the amount (if any) unpaid by them on the shares held by the member. This form of a company has been defined under section 2 (22) of the Companies Act of 2013.
    2. Company limited by guarantee – refers to a company in which the liability of the members is limited by the memorandum to such an amount that the members may contribute to the assets of the company. This is defined under section 2 (21) of the Companies Act of 2013.
    3. Unlimited company – this is a special type of company since there is no limit on the respective liability of each member. This is defined under section 2 (92) of the Companies Act of 2013.

 

What are different types of Online Company Registration in Delhi NCR?

The business structure of the organisation should be chosen very carefully because it will have many far-reaching implications. It should be understood that for different business structures there are different compliance requirements. Hence an entrepreneur should have an idea about the type of compliance he is willing to deal with.

  • OPC or One-person Company Registration in Delhi NCR

It refers to the company which literally has only 1 member. He/ she runs the company on his/ her own. OPC is at a better stage or many individuals are opting for it because it has certain privileges and exemptions. It is an advantage for those individuals who are running small businesses.  It is easy to manage and run. It must have a minimum of 1 lakh as paid up capital.

  • Limited Liability Partnerships (LLPs) Online Company Registration in Delhi NCR

They are governed by the Limited Liability Partnership Act introduced a new business structure in 2008. It is a type of body corporate. The partnerships formed under the LLP Act would qualify as Limited Liability Partnerships. A minimum of 2 partners is mandatory. (section 6 of the Limited Liability Partnership Act of 2008) All limited liability partnerships will have LLP at the end of their name.

  • Private Limited Company Registration in Delhi NCR

This is a company that is privately owned and held. There have to be a minimum of 2 members and a maximum of 200 members. All the members have limited liability. There is perpetual succession of a private limited company i.e. even in the case of death or bankruptcy the company will go on existing in the eyes of the law it must have a minimum of 1 lakh as paid up capital.

  • Public Limited Company Registration in Delhi NCR

The company must have 7 shareholders and at least 3 directors. There is no restriction for shares as such.

  • Partnership Firm

The partnership Act of 1932 governs such firms. A partnership is a relationship between people who have agrees to share profits and losses alike. a minimum of 2 persons is needed to form a partnership firm.

  • Sole Proprietorship

It is a type of enterprise where there is an individual entrepreneur or a sole trader and there is no legal distinction between the owner and a business entity. It is not a legal entity as such and is the simplest business type.

  • Companies Registration in Delhi NCR with charitable objects

This is a company which is registered as Public / Private Limited Company. The company should be such that it promotes commerce, art, sports or any such subject and intents to apply its profits in the promotion of these. Further it does not use its dividend to pay to its members.

Private Limited Company Registration in Delhi NCR  – A Brief 

It is essential to register your company in delhi for making it a private limited company. Upon the online company registration in Delhi NCR, the company name will automatically be changed to XYZ Pvt. Ltd.

The process for company incorporation in delhi NCR is fairly easy – the following are the documents that are needed for online company registration in Delhi NCR.

  1. Basic KYC documents of the proposed directors for Online Company Registration in Delhi NCR
    1. Copy of the Permanent Account Number (PAN) card of the proposed directors of the entity for Online company formation in Delhi NCR.
    2. Passport size photos of the proposed directors for new Company Registration in Delhi NCR
    3. Copy of Aadhar card of the proposed directors (alternatively even the voter ID card is acceptable) for online company registration in Delhi NCR
  1. Business address proof is required for online company registration in delhi
  1. Copy of the rent agreement (only if using a rented property as place of business) or copy of the property papers if the place of business is owned by any of the directors
  2. Proof of business place in the form of either the electricity or the water bill

 

Difference between a Private Limited Company, Limited Liability Partnership (LLP), One Person Company (OPC), Proprietorship and Partnership

 

Business structure/ Distinguishing factor Private Limited Company Limited Liability Partnership

(LLP)

One Person Company

(OPC)

Proprietorship Partnership
Number of Members Minimum 2 and a maximum of 200 Minimum 2 1 1 Maximum 200
Governing Act Companies Act of 2013 Limited Liability Partnership Act of 2008 Companies Act of 2013 Not regulated under any particular one law but they are similar to the One Person Company The Indian Partnership Act of 1932

Process of Private Limited Online Company Registration in Delhi NCR

For the online company registration in Delhi NCR the following steps should be taken Firstly, there should be at least 2 (maximum 15) adult persons who are required to act as the directors of the company. Further it is mandatory that one of the directors is an Indian. 2 For company registration in delhi shareholders are needed. These shareholders could be natural persons or an artificial legal entity. The proposed directors of the company that is to get online company registration in Delhi NCR will have to submit the following documents –

    1. Copy of the Permanent Account Number (PAN) card of the proposed directors of the company registered.
    2. Passport size photos of the directors proposed for online company registration in Delhi
    3. Copy of Aadhar card of the proposed directors (alternatively even the voter ID card is acceptable) for online company registration in Delhi NCR
    4. Copy of the rent agreement (only if using a rented property as place of business) or copy of the property papers if the place of business is owned by any of the directors
    5. Proof of business place in the form of either the electricity or the water bill is required for online company registration in Delhi NCR.

For Online Company Registration in Delhi NCR following are the major steps-

Step 1: The first stage for online company registration in Delhi NCR is to acquire director identification number (or the DIN)

Firstly, it is essential that each of the proposed directors of the company should obtain an identification number. It should be noted that this is the first process in registration that each director of the company should obtain their identification number. This number is called the Director Identification Number (DIN). Post 2006 it became mandatory for all directors essentially all existing and intending directors have to obtain their Director Identification Number.

For getting the Director Identification Number all one has to do is fill the Director Identification Number – 1 Form online. It is available on the official website.

But before doing this you should register (only if you are not already registered) on the official Ministry of Corporate Affairs on the official website of new company registration in Delhi NCR (last accessed 12 February 2019). Next upload the Director Identification Number after filling the same.

Once the Director Identification Number is generated you must inform your company of the same. This can be done using Director identification Number – 2 Form. Finally, the company will have to intimate the same to the Registrar of Corporates (ROC) using the Director Identification Number – 3 Form.

Changes can be made using the Director Identification Number 4 – Form (if because some address has changed or because of some mistake)

Step 2: The second step for online company registration in Delhi NCR is to acquire a Digital Signature Certificate (or DSC):

The digital signature is one of the most important step in the online company incorporation delhi NCR with respect to all the e forms that will be filled and submitted online itself. You should ensure that the digital signature certificate has been given by an agency that has been appointed by the controller of certification agencies, any other agencies certificate will not be legal or valid.

If due to filling some e forms in the past you already have a digital signature certificate you can use the same and need not get a new one. However, you should ensure that it is valid.  

Some of the government approved agencies are TCS, IDBRT, MTNL, SAFESCRYPT, NIC, nCODE etc.

Step 3: The third step in the Online Company Registration Delhi NCR is to apply for the company name which is to be registered.

This is the last and most important step for online company registration in Delhi NCR. This is because here you are essentially creating your own brand. The name should be unique. The name should be easy to spell and remember. It should be able to provide a distinct identity to the company in Delhi.  The Online Company registration in Delhi NCR is for the benefit of the company sine it allows them to have a unique brand name. The application for reservation of the name of the private limited company would have 6 names in the order of preference. The form will be filled online – INC – 1. After making the requisite payment the process for reservation of name is complete. A professional will check the name for availability before passing it on to the registrar. the registrar will have full discretion with respect to approval of your application. The name will be reserved for about 60 days beyond which the name will lapse and a fresh application will then have to be made to use that particular name.

Step 4:  The Fourth Step for Online Company Registration in Delhi NCR is the Certificate of Incorporation

Post the reservation stage you need to apply for the online company registration in delhi NCR that will be done by filling the SPICE forms or the Simplified Proforma for Incorporating Company Electronically forms. The prescribed fee will have to be paid. The certificate of incorporation issues will contain the date of incorporation and also the permanent account number (PAN) of the company. Once you get the certificate of incorporation in your hand you can now start your company.

Important – Documents required for Online Registration of Private Company in Delhi NCR

  1. Director Identification Number or the DIN of all those directors of a proposed company.
  2. the Digital Signature Certificate (DSC)
  3. Original copy the of formal letter issued by Registrar Of Companies (ROC) regarding availability of Company name.
  4. Form-1 which is for incorporation of a company.
  5. Form-18 for situation or address of the proposed company.
  6. Form-32 for particulars of proposed directors, managers and secretary.

Important – Formalities to be followed while online company registration in Delhi NCR:

  1. Obtain a Tax deduction Account Number or the TAN card
  2. Obtain a Permanent account number (PAN) from income tax dept. India
  3. Both Indian and foreign directors need to have valid Digital Signature Certificates (DSCs) from authorized agencies.

Major Reasons for Private Limited Online Company Registrations in Delhi NCR

      1. Online Company registration in Delhi NCR is an easy process and can be done from anywhere
      2. Online Company Registration in Delhi NCR saves time and is convenient
      3. Limited liability – as the name suggest the liability of the shareholders is limited, it is limited to the extent of the contribution made by the shareholders respectively.
      4. It is a legal entity – a private limited company is a separate legal entity. This means that the company will go on existing irrespective of the fact that anything happens to any one or few of its members
      5. Perpetual succession or continued existence – this element prevents the dislocation of the company by virtue of bankruptcy, death or lunacy of any of the members of the firm
      6. Right to sue for defamation and other wrongs – post registration the company is essentially a legal person and hence it has all the rights against defamation.
      7. Legal aid – when the company acts in its representative capacity on behalf of an individual it can apply for aid. (as per the Legal Services Authorities Act of 1987)
      8. Privilege against self-incrimination – the company will have all the rights against self-incrimination that an individual has as per Article 20 (3) of the Constitution of India.
      9. Easy transferability of ownership – the ownership of the business can be easily transferred from one person to another. However, in partnership for instance consent of all partners becomes mandatory
      10. A company can own property one registered since it becomes an artificial person

 

Benefits of Having Online Company Registration in Delhi NCR

The major benefits of having new company registration in Delhi are:

      1. Limited liability – as the name suggest the liability of the shareholders is limited, it is limited to the extent of the contribution made by the shareholders respectively
      2. It is a legal entity – a private limited company is a separate legal entity. This means that the company will go on existing irrespective of the fact that anything happens to any one or few of its members
      3. Perpetual succession or continued existence – this element prevents the dislocation of the company by virtue of bankruptcy, death or lunacy of any of the members of the firm.
      4. Right to sue for defamation and other wrongs – post registration the company is essentially a legal person and hence it has all the rights against defamation.
      5. Legal aid – when the company acts in its representative capacity on behalf of an individual it can apply for aid. (as per the Legal Services Authorities Act of 1987).
      6. Privilege against self-incrimination – the company will have all the rights against self-incrimination that an induvial has as per Article 20 (3) of the Constitution of India.
      7. Easy transferability of ownership – the ownership of the business can be easily transferred from one person to another. However, in partnership for instance consent of all partners becomes mandatory
      8. A company can own property one registered since it becomes an artificial person

 

Documents required for Online Company Registration in Delhi NCR  

      1. Copy of the Permanent Account Number (PAN) card of the proposed directors of the company
      2. Passport size photos of the directors proposed
      3. Copy of Aadhar card of the proposed directors (alternatively even the voter ID card is acceptable)
      4. Copy of the rent agreement (only if using a rented property as place of business) or copy of the property papers if the place of business is owned by any of the directors
      5. Proof of business place in the form of either the electricity or the water bill

 

Various Advantages of Online Company Registration In Delhi NCR

      1. Post incorporation the company is able to enjoy all the benefits of a registered company.
      2. Limited liability – as the name suggest the liability of the shareholders is limited, it is limited to the extent of the contribution made by the shareholders respectively
      3. It is a legal entity – a private limited company is a separate legal entity. This means that the company will go on existing irrespective of the fact that anything happens to any one or few of its members
      4. Perpetual succession or continued existence – this element prevents the dislocation of the company by virtue of bankruptcy, death or lunacy of any of the members of the firm
      5. Right to sue for defamation and other wrongs – post registration the company is essentially a legal person and hence it has all the rights against defamation.
      6. Legal aid – when the company acts in its representative capacity on behalf of an individual it can apply for aid. (as per the Legal Services Authorities Act of 1987)
      7. Privilege against self-incrimination – the company will have all the rights against self-incrimination that an individual has as per Article 20 (3) of the Constitution of India.
      8. Transparency – the private limited companies are registered with the registrar of companies and anyone can check the details of the same if needed. The registrar of companies keeps all the important details with respect to the company as per the requirements of the Companies Act of 2013.
      9. Companies identity remains constant – the identity of a company does not change with change in the management of the company or the shareholders.
      10. The Private limited company registration in Delhi NCR process is simple and easy
      11. You can choose a unique name for your item – brand and protect the same
      12. Easy transferability of ownership – the ownership of the business can be easily transferred from one person to another. However, in partnership for instance consent of all partners becomes mandatory
      13. A company can own property one registered since it becomes an artificial person

 

FAQ’s about Online Company Registration in Delhi NCR  

Accordion Sample DescriptionFor an Indian company the process for new company registration in Delhi NCR is done through Simplified Proforma for Incorporating Company electronically (SPICe -INC-32), with eMoA (INC-33), eAOA (INC-34), which is the default option and most companies are required to be incorporated through SPICe only.
For the Online company incorporation in Delhi NCR the request is submitted on MCA portal which is identified by a unique number known as the Service Request Number (SRN). It has 9 characters and is an alphanumeric string starting with an alphabet (from A-Z) which is printed on the top left-hand side of the Receipt or Challan. Please note down the Service Request Number for all future correspondence with MCA.
A proposed name can be reserved for the purpose of incorporation of a company or change of name of an existing company through the RUN service by logging into the Online Company registration in Delhi NCR portal along with a fee. Further, you may use the SPICe form for the integrated process of name reservation and incorporation of a company.
For the Online company registration in Delhi NCR the First thing is to ensure that they are all in PDF format. Then To ensure that the size of scanned PDF document is within the permissible/ acceptable size limits, it is recommended that you do all the scanning in ‘black & white’ mode at 200 dpi resolution.
An e-form which is required for the online company registration in Delhi NCR can be signed by the authorized signatory/ representative using the Digital Signature Certificate (DSC). Click the DSC box in the e-form to affix the digital signature.
Once the online company registration in delhi is filed, the e - Form cannot be rectified. You may, however, re-submit the e-Form, if the concerned MCA office has marked the status of your SRN as 'Re-submission'.
Yes, you can avail the RUN service at MCA portal for reserving a name online
Minimum number of directors which are required for online company registration in delhi are : For a One Person Company (OPC) is One, for a Private Limited Company is Two, for a Public Limited Company is Three and, for a producer company is Five.
Minimum no. of subscribers required for new company registration in Delhi NCR are: One Person Company: One, Private Limited Company: Two, for Public Limited Company: Seven and for Producer company: Ten.
There is no such objection in the online company formation in Delhi NCR. The address given as your homes address is also the address for your office.
Yes, you are allowed to do this. This is especially useful when you have no partner at all.
It takes around 10 to 15 days at most to get new company registration in Delhi NCR.

 

For more details and information regarding the Trademarks please check out Online Company Registration in Delhi NCR website. Online Company formation in Delhi NCR portal is an online portal where you can get information on a variety of topics ranging from intellectual property to legal documentation. The website of Online Company Registration in Delhi NCR also provides various FAQs which can be helpful in new company registration in Delhi NCR. The portal is user friendly and very convenient to use. The articles on the website are very useful for the purposes of learning and understanding the procedures involved in things like GST/ MSME/ IE Code/ Patent/ copyright/company registration etc.

 

 

 

 

 

Summary
User Rating
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Service Type
Online Company Registration in Delhi NCR
Provider Name
Kushal Thukal,
B-2/14, Phase - II, ,Ashok Vihar,Delhi-110052,
Telephone No.+91-7683070210
Area
Online Company incorporation Delhi NCR, Online Company Formation in Delhi NCR, New Company registration in Delhi NCR, Private Limited Company Registration in Delhi NCR, Pvt Ltd Company Registration in Delhi NCR