Method to register a company in delhi

Method to register a company  

As the phase of a startup is going on all over in India every youth is thinking about a startup and every single day thousands of startups are being set up, but to establish a business is not an easy task.

One of the important steps is company registration with the Ministry of Corporate Affairs. If you are the one looking for the same then bingo, there are some legal procedures which need to be followed in order to register a company name in Indian records or to legalize everything.

Central Registration Centre (“CRC”) an initiative of Ministry of corporate affairs (“MCA”) deals in all these projects and had made everything online to reach out a maximum number of people and to make the process easier.

Also Read: Document required registering a company in India

Steps to do Company registration in Delhi:

1. Reserve name via “Reserve Unique Name i.e. RUN facility”;
2. Obtain digital signatures (You may acquire a DSC from government approved agencies like TCS, MTNL, NIC, nCODE solutions, IDBRT, SAFESCRYPT, eMudhra, etc) for the subscribers to the Memorandum and Articles of association of the company and the directors;
3. Finalization of the Memorandum and Articles of Association of the company;
4. Preparation of declarations, consent from directors, undertaking for not having PAN, Subscription sheet and other related documents;
5. Based on the kind and number of subscriber, file MOA and AOA either electronically or physically;
6. File SPICe (mandatory) and SPICe MOA and SPICe AOA (based on kind and number of subscriber);
7. Get the Certificate of Incorporation along with PAN / TAN number and;
8. Application for Goods and services tax Identification number (GSTIN), Employee Provident Fund organization (EPFO), Employee State Insurance Corporation (ESIC) in the integrated form filed for registration;
9. Get the verification of registered office done within 30 days;
10. File a declaration through its director within 180 days of Incorporation stating that the subscribers to the Memorandum have paid the value of shares subscribed by them.

After submission of relevant forms CRC will scrutinize the form and send the confirmation through email mentioning the status of the application and for the incorporation of the company. If you follow each and every step carefully then it is not that typical.

And thus company incorporation done in just 10 easy steps.

Few Initiatives taken by the govt to render company incorporation processes easy are:-

1. Within 1 working day you can get name approval and can register your company within 2 working days after filing Form SPICe,

This has resulted in speed, greater transparency, uniformity and eradication of discretion.

1. It is also useful to mention that fee for filing SPICe, MoA and AoA has been reduced to Zero for proposed companies

• Where the authorized capital is up to Rs.10 Lakhs in case of company having share capital or
• Where the number of members are up to 20 in case of company not having share capital.

So this is how the government is trying hard to motivate people in starting new ideas and building a new business on a daily basis as this will also promote employment and vanish unemployment from the country.

SO GO ON, BUILD YOUR OWN EMPIRE and Jet start your business with the help of Incorporation experts of Steerabidance LLP.