All persons dream has to start a new business for their own. The person has to given the best service for their customers. If the company is to provide the best services and products to another person. It gives a profit to the business. The company is to be more popular in their place. While registering a company with the local or state government. It is necessary to complete your business transactions. The best choice for a new company for different reasons. It is mandatory to register a company in Coimbatore. In this article, we can know about the company registration benefits.
Company registration benefits
The company registration is compulsory for many countries. If you are planning to start a new company, it is mandatory to register it. The new company registration process is difficult for some cases. So, you may communicate with the company registration consultants in your locality. They can help you to registering the complete registration process. The consultants can give you more details about your company incorporation and new company registration process, etc.,
For company registration, you must give certain documents to your consultants. The documents you are submitted to the consultants must be valid. The company registration process, normally takes up to 15 working days. It depends on your state government. In Coimbatore, the company registration must have done in 10 to 12 working days.
Types of company registration
- Public Limited Company
- Private Limited Company
- One Person Company (OPC)
- Limited Liability Partnership (LLP)
- Section 8 Company
- Producer Company
Getting on Record
The important benefit of registration with the local and state government is safeguarding your new company name. No one can register your business name with the same. The Memorandum of Association (MoA) contains all your company registration process with Registrar of Companies (RoC). You may also check, if your company name is registered or not in the Memorandum of Association (MoA) portal.
Legal Liability Protection
Another benefit of company registration is obtaining some legal liability protection. If you are incorporated your company. You will not be held individually liable for certain accidents and other liabilities.
Easy to transfer shares
The ownership interest you have in a company can be transferred, readily sold or given to another family member. The procedure of divesting yourself of ownership in partnerships and proprietorships can be costly. Your property has to be new deeds drawn, retitled and other administrative steps are been occupied by the change of ownership. With corporations, the whole individual owners privileges and rights are served by the shares of stock they hold.
The company registration has given more benefits of your business. The major benefits of your business is still run, even if you become ill or die. A registered company is an entity in its own right, thus other can accept control or ownership of your company. It is not possible without your company registration.
Corpstore Business Solution is registering your company in various cities like :
For registering a company in Coimbatore
For registering a company in Salem
Registering a company in Madurai