Barakhamba Road is a prominent road in Delhi, connecting Mandi House circle, near Sahitya Akademi and Doordarshan Kendra (Television Centre), with Connaught Place, also known as Rajeev Gandhi Chowk. The road is flanked by various commercial complexes and landmarks. The name "Barakhamba" refers to a twelve-pillared (Bara Khamba) house that was originally built during the rule of Sultan Mohammad Tuglaq. Although the original structure no longer exists, the road retains its historical significance. It is considered one of the best places for Private Limited Company Registration in Barakhamba Road, Delhi.
In a private limited company, due to the limited transferability of shares and the focus on shareholder interests, it enjoys certain privileges and exceptions as provided by the law.
Eligibility Criteria for Private Company Registration in Barakhamba Road, Delhi
The basic eligibility criteria to be met for Private company registration in Barakhamba Road, Delhi comprises:
- Minimum requirement of 2 shareholders and 2 directors.
- At least one director should be an Indian resident, having spent a minimum of 182 days in India in the previous year.
- The proposed business in Barakhamba Road, Delhi should have a registered office address for conducting operations.
- Directors of the company need to obtain a Digital Signature Certificate for online filing authorisation.
- Director Identification Number is also required for the directors.
- Business owners must draft legal documents, including shareholders' agreement, Memorandum of Association and Articles of Association.
Documents Required for Private Limited Company Registration in Barakhamba Road, Delhi
When registering a company in Barakhamba Road, Delhi, there are several important documents that need to be provided. These documents serve as essential proofs and legal requirements. A detailed list of the documents needed for company registration in Barakhamba Road, Delhi comprises:
- PAN Card:
A copy of the PAN Card for all directors and shareholders is mandatory. This serves as a unique identification number for taxation purposes.
- Identity Proof:
Valid identity proof is required for all directors and shareholders, which could be as Aadhaar Card, or Driving License, etc.
- Address Proof:
Documents such as Aadhaar Card, Voter ID, Passport or Driving License can be submitted as address proof.
- Registered Office Address Proof:
Proof of the registered office address must be provided, which can be as utility bill, rent agreement, etc.
- Memorandum of Association and Articles of Association:
The MOA and AOA are those set of documents that outline the company's objectives, rules and regulations. These documents are to be drafted and submitted as part of the registration process.
Procedure for Private Company Registration in Barakhamba Road, Delhi
- Ensure eligibility requirements:
Make sure you meet all the eligibility requirements for incorporating the specific business entity.
- Obtain Digital Signature Certificate and Directors Identification Number:
Founding members and directors should apply for DSC and DIN through the online portal of the Ministry of Corporate Affairs.
- Reserve the company name:
File an application to reserve the company name, providing up to 6 preferences. The MCA will conduct an online search and allot a name based on availability.
- Draft legal documents:
Prepare the Memorandum of Association and Articles of Association for the company. Seeking assistance from professionals like StartupFino is recommended for this step.
- Pay fees to the Registrar of Companies:
Pay the required fees, including stamp duty and processing fee, to the RoC.
- Review and verification by the RoC:
The regional RoC office will review and verify the submitted details. If satisfied, the RoC will issue the certificate of incorporation to the business.
- Obtain additional registrations:
After receiving the CoI, apply for the Company PAN and TAN for tax purposes. Additional registrations may be required based on the nature of the proposed business.
Why Choose StartupFino for Private Limited Company Registration in Barakhamba Road, Delhi?
StartupFino specialises in offering complete services for Private Limited Company registration in Barakhamba Road, Delhi. We can help you with all requirements from providing advice at the initial phase to ensuring that all the necessary requirements are met, while also keeping your Company in good legal standing in Barakhamba Road, Delhi.