Registering a company is the most important task before starting a business in a legal way. Whether it’s a private limited company registration, partnership registration, proprietorship firm registration or limited liability partnership registration, a business should get incorporated based on its nature of business, business structure and its business scale. When it comes to Delhi, which is one of the most preferred investment hub for business groups, a business group should register a company before executing their business plans.
Private limited company registration in Delhi follows terms & conditions set by Ministry of Corporate Affairs. The total process of company Incorporation takes at least 30 working days. After 30 working days you get a CIN Number which is usually called Company Identification Number in corporate terms. The letter of Incorporation issued by Registrar of companies carry the CIN, date of company registration and the registered office address. Today businessmen can get private limited company registration in Delhi or any part of India more conveniently and cost effectively. This is due to MCA21 portal services initiated by Ministry of Corporate Affairs.
Company Incorporation involves DIN application and approvals, Digital Signature registration, availability of company name, share subscription table, drafting of MOA (Memorandum of Association) & AOA (Articles of Association) and finally payment of registrar fee based on authorized capital of the company. As per the norms the minimum authorized capital should be at least Rs 1,00,000.
It is always recommended that we should consult a legal or financial consultant prior to starting a business as it involves some legal issues that can be resolved by taking help of the experts in private limited Incorporation.