Planning to expand your business? Understanding the process for LLC registration in Delhi is important not only for startups, international businesses but also for mid-sized companies planning to enter this fast-growing market. LLCs or Limited Liability Companies are a type of business where the owners’ personal money and property are protected if the business loses money or gets into debt. Instead, the company handles its own debts and legal issues, so the owners and investors aren’t personally responsible. At Startup Club India, we make sure that you get your LLC Registration in a smooth and hassle-free manner as one of the leading LLC registration consultants in India.
There are a few ways to start a limited liability business in India, such as:
An LLP or Limited Liability Partnership is a combination of both a partnership and a company. You can only register an LLP when there are at least two people as partners. An important point is that partners are only responsible for the amount of money they put into the partnership.
Under the Companies Act 2013, a company where ownership is kept private and shares aren’t available to the public is called a private company. To set up a private limited company, you need a minimum of 2 people, and it can’t have more than 50 shareholders.
This is a type of company under the Companies Act 2013 where anyone from the public can buy shares. Shares of this company can be sold to the public through an IPO or traded later on stock exchanges. At least 7 shareholders are required to register a public limited company.
Planning to register an LLC in India? Then here are the steps you need to go through:
Choose a unique name: Make sure to check the Registrar of Companies (RoC) website to confirm that your business name is not already taken and meets the official guidelines.
Must obtain a Digital Signature Certificates (DSCs): To get the electronic filing done, directors and authorized representatives require DSCs.
Must obtain the director’s number: A Director Identification Number (DIN) is a unique number given to each director, used in company records and filings. To apply for a DIN on the Ministry of Corporate Affairs website, you must have a Digital Signature Certificate (DSC).
Get the required documents ready: Make sure all your necessary documents, such as identity proof, address proof, and photographs of directors, are ready. You also have to prepare the Memorandum of Association (MoA) and Articles of Association (AoA).
Reserve the Name: Send a name reservation request to the Registrar of Companies (RoC) through the official portal.
Register with the RoC: Send in the official documents needed to register the company, including the MoA, AoA, and DSCs.
Must obtain PAN and TAN: Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) are important for managing taxes and making payments to the government.
Open a bank account: Set up a bank account in the company’s name for all business transactions.
Here are the important documents needed to register a Limited Liability Company (LLC) in India:
Why wait when you can get your LLC registration done in a smooth and hassle-free way? Get in touch with Startup Club India today! We provide you with one of the best LLC registration services in India.