Company Registration
Business registration entails legally establishing a company and securing the essential licenses and permits for business operations. This typically involves the following procedures:
After successfully registering and acquiring all essential permits and licenses, the company achieves legal status and can initiate its business activities.
- Restricted Financial Liability:
The concept of “Limited Liability” ensures that shareholders have a capped responsibility towards the company's debts.
Opting for a private Ltd company shields entrepreneurs from personal bankruptcy risks if the business faces challenges.
Many budding entrepreneurs naturally gravitate towards Private Limited Company Registration as their primary choice for business incorporation.
- Limited Financial Liability:-
The term “Limited Liability” means that the individual shareholders’ contribution towards the company debts is limited. - Lower Compliance Requirement:-
A key benefit of registering an LLP over a private company is lesser compliance requirement. - Operational Flexibility:-
LLP Agreement, deed among partners of an LLP, clarifies operating structure including rights & responsibilities of the partners.
The concept of "Limited Liability" ensures that shareholders' financial responsibility towards company debts remains restricted.
A One Person Company attains the distinction of being a separate legal entity.
For numerous freelancers, One Company Registration emerges as the primary choice for business incorporation.
- Setting up a company in India has been streamlined into a straightforward four-step procedure. Here's a breakdown of the essentials you'll require:
1. Obtain a Digital Signature Certificate (DSC)
2. Secure a Director Identification Number (DIN)
3. Enroll on the MCA Portal or initiate a new user registration
4. Acquire the Certificate of Incorporation
