Why Register a Private Limited Company?

A Private Limited Company (Pvt. Ltd.) is one of the most preferred business structures in India. It provides a balance of limited liability, separate legal identity, and the ability to raise funds. Key benefits include:

Basic Requirements for Pvt. Ltd. Registration

• Directors: Minimum 2, maximum 15 (at least one should be an Indian resident).
• Shareholders: Minimum 2, maximum 200.
• Capital: No minimum requirement, but a nominal capital of ₹1 lakh is common.
• Registered Office: A physical address in India.

Private Limited Company Registration in Delhi

Delhi, the capital of India, offers a vibrant ecosystem for businesses. It’s a hub for startups and established enterprises alike. Here’s how to register your company in Delhi:

Steps for Registration

1. Obtain a Digital Signature Certificate (DSC): All directors must acquire a DSC to file forms online.
2. Director Identification Number (DIN): Apply for DIN through the MCA portal.
3. Name Reservation: Use the RUN (Reserve Unique Name) service to ensure your company name is unique.
4. Filing Incorporation Documents: Submit the SPICe+ form with details of directors, shareholders, and the registered office.
5. PAN and TAN: These are auto-generated during the incorporation process.

Key Benefits of Registering in Delhi

• Proximity to policymakers and regulators.
• Access to a vast consumer base.
• Network of venture capitalists and investors.

Company Registration in Hyderabad

Hyderabad, known as India’s IT hub, is a rapidly growing city for startups, especially in technology, pharmaceuticals, and real estate. The registration process is similar to that of Delhi but offers additional regional benefits.

Steps for Registration

1. Prepare Documentation: Gather proofs like PAN, Aadhaar, electricity bill for address, and bank statements.
2. Apply for DSC and DIN: Essential for online form submission.
3. Name Approval: Use RUN or include name reservation within the SPICe+ form.
4. Draft MOA and AOA: These define the company’s objectives and internal rules.
5. Final Submission: Complete the SPICe+ Part A and B forms online via the MCA portal.

Advantages of Registering in Hyderabad

• Lower operational costs compared to metro cities.
• A thriving business ecosystem supported by the government.
• Access to top talent from premier institutions.

GST Registration: A Must for Every Business

Whether you’re starting in Delhi or Hyderabad, GST Registration is mandatory for businesses with a turnover exceeding ₹20 lakhs (₹10 lakhs for special category states). Here’s how to get registered:

Steps for GST Registration

1. Log on to GST Portal: Register your business at gst.gov.in.
2. Submit Details: Provide PAN, business address, bank details, and authorized signatory information.
3. Upload Documents: Include proof of address, ID proof, and bank statement.
4. Verification: Await GST officer verification.
5. Receive GSTIN: Your 15-digit unique GST Identification Number will be generated.

Why Choose Finaccle Financial Advisory?

Navigating GST and company registration processes can be overwhelming. Finaccle Financial Advisory offers seamless, end-to-end services for businesses in Delhi, Hyderabad, and beyond. From filing applications to obtaining approvals, our experts ensure a hassle-free experience.

Conclusion

Registering a Private Limited Company and obtaining GST registration are foundational steps for establishing a business in India. By following the outlined steps and leveraging professional services like those from Finaccle Financial Advisory, entrepreneurs can focus on scaling their ventures while leaving compliance to the experts.

Start your journey today and let the opportunities in Delhi, Hyderabad, and across India propel your business toward success!