What better city to start your business than the national capital, Delhi? It has an endless scope of resources, manpower and progress. Then again, if considering progress and growth of the business, no better structure than a Company.
Company registration is though not a complex process but requires the expertise of a professional due to some intricacies like that of Name Reservation, drafting of e-MoA and e-AoA etc.
What are the advantages of Company Registration?
A Company has certain benefits over the other structures of business:
1. After company registration, the entity acquires a separate legal status;
2. The company has a perpetual existence irrespective of its key personnel;
3. A business registered as a company has the scope to raise equity capital;
4. Limited liability of the members/ shareholders etc;
5. Company registration builds a better brand value than with other structures etc.
What is the procedure for registering a company in Delhi?
The procedure for Company Registration in Delhi is pretty much the same in all the states except for the stamp duty to be paid for Articles of Association and Memorandum of Association.
Memorandum of Association (MoA) and Articles of Association (AoA) which are essentially drawn at the time of Company Registration, require to be given a legal recognition by paying a prescribed Stamp Duty. The official site of MCA mentions the State wise stamp duty rules for the both.
For Company Registration in Delhi following need to be followed:
A. For companies having share capital-
i. MoA- Rs. 200
ii. AoA- 0.15% of authorised capital subject to a maximum stamp duty of Rs. 25 lakhs of stamp duty
B. For companies Rs. 200 for both MoA and AoA.
What is the validity of the registration of a private limited company?
A registration certificate after the Company Registration issued to the business by the Registrar of Companies is valid until the applicable compliances are met.
