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Business Registration
Private Limited Company Registration
Starting at ₹999 + Govt Fee
Expert Assistance: Covers SPICe-INC-32, eMoA-INC-33, eAOA-INC-34 filings on MCA.
Includes: DSC provisions and one-time completion of the entire registration process.
This service ensures a smooth setup of your company with professional guidance at every step.
Private Limited Company Registration
Starting at ₹999 + Govt Fee
Expert Assistance: Covers SPICe-INC-32, eMoA-INC-33, eAOA-INC-34 filings on MCA.
Includes: DSC provisions and one-time completion of the entire registration process.
This service ensures a smooth setup of your company with professional guidance at every step.
Private Limited Company
A private limited company is a business entity with ownership limited to a small group of shareholders (up to 200), and shares cannot be publicly traded. Shareholder liability is restricted to their investment. Registration involves submitting documents like the Memorandum of Association (MoA) and Articles of Association (AoA) through the MCA portal, along with a Director Identification Number (DIN) and Digital Signature Certificate (DSC). Upon approval, the Ministry of Corporate Affairs (MCA) issues a certificate of incorporation and lists company details on its website.
Limited Liability Partnership (LLP) Overview
A Limited Liability Partnership (LLP) is a business structure that combines the flexibility of a partnership with the benefits of limited liability for its partners. It is governed by the LLP Act, 2008 in India.
- Separate Legal Entity: The LLP is distinct from its partners.
- Limited Liability: Partners are liable only to the extent of their contributions.
- No Minimum Capital Requirement: LLPs can be formed with any agreed capital.
- ROC Registration: Requires filing incorporation documents like the LLP Agreement on the MCA portal.
One Person Company (OPC)
A One Person Company (OPC) is a business entity that allows a single entrepreneur to own and operate a company with limited liability. It bridges the gap between sole proprietorships and private limited companies.
Sole Proprietorship
A Sole Proprietorship is a simple business structure where one individual owns and operates the business. It is easy to set up, with minimal regulatory requirements. The owner has complete control over all decisions and receives all profits, but also bears unlimited liability, meaning personal assets are at risk in case of business debts. This structure is ideal for small businesses and freelancers, allowing for straightforward taxation, as income is reported on the owner’s personal tax return.
Nidhi Company
A Nidhi Company is a specialized non-banking financial institution in India, established to promote savings and provide loans exclusively to its members. Operating under the Companies Act, 2013, it fosters a mutual benefit system, where members can deposit funds and access loans at competitive interest rates. Nidhi Companies must comply with regulations set by the Ministry of Corporate Affairs, ensuring transparency and the protection of member interests. Their primary focus is to cultivate a savings culture while offering affordable credit options within their community, ultimately enhancing financial inclusion.
Producer Company
A Producer Company is a type of company in India specifically designed for producers of agricultural products or goods. It is incorporated under the Companies Act, 2013, allowing farmers and producers to come together for collective activities, enhancing their market presence. The primary objective of a Producer Company is to benefit its members by providing services such as production, marketing, processing, and export of agricultural produce. This structure enables better bargaining power, reduces costs, and increases profits, ultimately promoting rural development and sustainability in the agricultural sector.
Partnership Firm
A Partnership Firm is a collaborative business structure where two or more individuals share the responsibilities, profits, and liabilities. Here are some key points:
Partners share liability for the firm’s debts, meaning each partner can be held responsible for the full amount owed.
Partnerships allow for easy decision-making and management, as all partners have a say in operations and strategy.
- While registration is not mandatory, having a partnership deed is crucial as it outlines the roles, responsibilities, and profit-sharing arrangements, helping to prevent disputes.
Startup India Registration
Startup India is an initiative by the Government of India to promote innovation and entrepreneurship. Registration under this scheme provides numerous benefits, including tax exemptions, easier compliance, and access to funding.
To register, a startup must meet specific criteria, such as being incorporated within the last five years and having an annual turnover of less than ₹100 crore. The registration process is straightforward, involving an online application through the Startup India portal, where essential documents and details about the business model must be submitted.
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