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Starting from Selecting a Name of your Company, searching availability of the chosen name, Designing your logo, Providing Trademark Registration of your Brand name to tax registration and free consultancy for any matter related to your business incorporation. Company registration is just the first step in your entrepreneurial journey with us. We also provide other compliance services like bookkeeping, taxation, annual filing, ROC compliance etc. We are a one stop shop for all your business related needs.
Nidhi Company Registration
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21 DAY'S REGISTRATION PROCESS
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UPLOAD DOCUMENTS ONLINE
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VARIOUS PAYMENT OPTIONS
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TRACK APPLICATION STATUS ONLINE
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GET DEED AND PAN/TAN
VARIOUS LEGAL FORMS TO START YOUR BUSINESS
Sole Proprietorship is one of the oldest forms of business structure in India. This type of structure is owned and controlled by a single man, it is basically suited for those businesses which are small in size or have limited investment. The liability of the sole proprietor is limited to the extent of capital contributed by him.
Partnership is an agreement between two or more persons who come together for a common objective to earn profits. Different people of various skills, knowledge, and talent come together to form a business. It is a relation between various partners to share profit as well as loss in the agreed ratio. When it comes to registration of a partnership, it is not mandatory but it is always advisable to register it. When two or more partners come together for a business they make a partnership deed which is a written agreement specifying names of each partner, address, capital invested by each partner and profit sharing ratio.
Limited Liability Partnership This kind of business structure was basically formed to provide limited liability to its owners. It is a corporate body and has its own existence in the eyes of the law. The act of 2008 gives LLP the freedom to manage its own affairs. To become a partner of LLP doesn’t involve a huge lengthy complicated process. Every partner has limited liability to the extent of capital contributed by them. They don’t have to suffer on behalf of its other partners.
Private Limited Company is that company which is owned privately by the individuals. It is more flexible and easy to form than a Public company because many provisions of the Companies’ Act 2013 are not applicable to this. It can be formed with just 2 members and 2 directors. But there is a restriction in the maximum number of its partners which is restricted to 200. This kind of company is more preferred by investors because they can buy/sell stakes easily.
Public company is that company which is owned by public or in which the public can subscribe. They can raise capital from the public directly through issues of shares. The minimum number of directors is 3 and the minimum number of shareholders is 7. There is no limit on the maximum number of shareholders. The shareholders have limited liability to the extent of the face value of its shares and the premium respectively.
One Person Company has only one person as a member who will act in the capacity of a director as well as a shareholder. No one from outside India can incorporate OPC. It is only permitted to a resident of India to incorporate a One Person Company. It was basically introduced in India so that an individual person can also start their own venture. Under the Companies Act, it is classified as a Private Company. It’s features like perpetual succession and the separate legal entity is similar to a Private Company.
Non-Government Organization or Nonprofit Company is a citizen-based association that operates independently of the government, usually to deliver resources or serves some social or political purpose. These organizations are not meant for the purpose of profit but working selflessly for promoting a cause or development projects. These kinds of organizations come under section 8 of the Companies Act, 2013.
Producer Company in India was introduced to allow cooperatives to function as a corporate entity under the Ministry Of Corporate Affairs. The members have necessarily to be `primary producers,’ that is, persons engaged in an activity connected with, or related to, primary produce. Primary products are those products which are directly arising from agriculture such as fishery, horticulture, animal husbandry, bee raising and many others.
BEST LEGAL STRUCTURE FOR YOUR BUSINESS
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