Company is a popular way for start-ups with high growth goals to start a business in India. However, the cost of registering a company in Delhi varies based on several factors.
Company registration costs appear to be very high at first. Therefore, many ambitious entrepreneurs are doubtful to build a company because they believe the costs and fees associated with the Company Registration and operation will be expensive. But we are here to help you with that. Contact us at Starteazy for easy registration and get amazing summer offers.
Firstly, go to StartEazy.in. Click on “Start a business”. Next, click on Private Limited Company and the process begins for company registration in Delhi.
- Fill in the Private Limited Company Registration Form with your contact details and click Next.
- Select the package that best suits your budget and requests and click Next.
- Make the Payment.
- Mail the Documents and sit back and relax.
It takes a maximum of 10 days for the complete process.
Documents Required to register a Company in Delhi:
- Rent Agreement
- Electricity Bill
- Photos of Directors
- Aadhar Card
- Pan Card
- Self Declaration
Many factors decide the cost of registering a company in Delhi and in other parts of India.
Most importantly, the government has waived the government fee for company incorporation in India on January 26th, 2019. Therefore, the cost of registering a company is reduced.
Company Registration in Delhi
Today, in an era of growth and expansion, Delhi is one of India’s fastest-growing states, with key industries including e-commerce, information technology, manpower, and security. In terms of opportunities for doing various businesses. Therefore, it is an excellent time to start a business.
Ways and Cost to Register a Company in Delhi
The most common and simplest type of registration is a proprietorship. Above all, the responsibility is only on one person. Besides, the cost of registering a proprietorship firm in Delhi is Rs.980/-, which is charged for MSME and GST registration and necessitates fewer compliances. However, it takes 3-5 working days to obtain MSME Registration or GST Registration.
One Person Company
The formation of a one-person company in Delhi is a novel concept. Moreover, it is the best option if you do not want any third-party involvement in the company. Most importantly, only an Indian citizen can open one person company registration in Delhi. Therefore, the cost of registering a proprietorship firm in Delhi is Rs.5980/-.
Limited Liability Partnership
Limited liability partnerships (LLPs) are entities formed by two or more individuals to form a legal partnership limiting each person’s financial risk. Most importantly, this legal partnership is simple to form, and it is inexpensive to do so. However, in comparison to a private limited company, an LLP registration in Delhi requires less funding and compliances. Therefore, the cost of registering LLP in Delhi starts from Rs.5980/- per 2 directors (Charging an extra Rs.1000/- as per extra director) and Rs.500/- government fees. The entire process takes about 20-25 working days.
It is formed by an agreement between two or more individuals in which each partner requires to invest in a business. Above all, partnership registration in Delhi is the most preferred because it involves little or no compliance or high costs. However, it takes approximately 7-8 working days and costs Rs.2490/- for the registration process.
Private Limited Company
Using an integrated e-Form SPICe, anyone looking to start a private limited company can now apply for Company Name, Company Incorporation, DIN of the directors, PAN and TAN, at the same time. Therefore, the Ministry of Corporate Affairs has reduced the procedures for starting a business in India. Moreover, providing ease of doing business. However, the cost of a private limited company registration ranges between INR 6,000/- and INR 30,000/-, depending on the number of directors, members, authorised share capital, and professional fees.
All the above registration processes have different costs of registering a company in Delhi.