One of the important requirement that every business have their security aspect is for their company registration. The protection of brand name and the company asset is build on the government regulation in India. So, your business is safe for all the transactions in the future. We Corpstore are here to help you the best service for the company registration. On the process of your business registration there are few factors which is normally required for the new company set up. Let’s discuss the FAQ company registration in detail.
FAQ for Company registration in India
Most of the people don’t know about how to register their company. So they hire a company registration consultants. Here some important FAQ must know every one to start their new company and their registration process.
What is a company ?
A company is an association of people which is formed and registered under the companies act 2013. A company is a separate legal entity and it is varied from its shareholders.
What are the different types of companies ?
There are many company registration types are processed in India. Here we list some important company registration types are :
- Limited Liability Company
- Private Limited Company
- Unlimited Liability Company
- One Person Company
- Public Limited Company
What are the types of companies that I can register in India ?
- Limited Liability Company
- Private Limited Company
- Section 8 and 25 Company (Non-Profit organizations)
- One Person Company
- Public Limited Company
Private Limited Company ?
It is the most important company registration types in India. In a private limited company at least 2 directors and shareholders for their company registration. The maximum of 15 directors and 50 shareholders is allowed for the company as per the companies act rules. The company name is ends with Private Limited.
Public Limited Company?
The company has no restrictions on the maximum number of shareholders. A public limited company is formed with minimum of three directors and seven members. The company must be registered in the particular state of the Registrar of Companies. The minimum share capital of this company has Rs. 50,000.
Limited Liability Company ?
A limited liability company is managed by the Limited Liability Partnership Act 2008. An LLP includes two long-standing forms namely Company and Partnership Firm. An LLP is a combination of a Company and a Partnership.
One Person Company?
The companies act 1956 required at least two directors and shareholders to incorporate your private limited company. In One Person Company (OPC) only one person who act as a director and a shareholder of a company. The company can have minimum 15 directors. Only an Indian citizen shall eligible to incorporate a one person company.
The process of company registration?
- Obtain Digital Signature Certificate (DSC) for the partners in the company
- Apply and get the Director Identification Number (DIN) for the partners
- You can get the name approval from the registry
- Draft MOA and AOA for the proposed company
- Finally you can get the certification of incorporation
To set up your new company registration in Coimbatore visit Corpstore Business Solution
For your company incorporation in Salem
For your company incorporation in Madurai