“Choose one of the reputed Company Formation Services India that can help you in establishing your own business”.India is quickly gaining the importance as one of the top known countries as far as f...
“Choose one of the reputed Company Formation Services India that can help you in establishing your own business”.
India is quickly gaining the importance as one of the top known countries as far as foreign investment is concerned. Global investors keep holding the faith for investment opportunities even during the phase of economic recession. India is enjoying huge foreign investments and inflows at times when other developed parts of the world were even struggling to survive.
You must be looking ahead to make the investment in India and by incorporating its own business entity is on the top priority by the global business entrepreneurs. But, before you start running the business in India, you have to refer the Foreign Direct Investment (FDI) policy that also determines how you invest there.
Getting business in India firstly requires incorporating as business entity. If you are looking to start the business, you have the five different options to conduct the business in India. It includes
ü Sole Proprietorship
ü Limited Liability Partnership
ü Public Limited Company
ü Partnership Firm
ü Private Limited Company.
You don’t which business entity to choose from, it entirely depends upon the factors that include taxation, investment options, compliance burden, exit strategy and ownership liabilities.
There are number of firms active in providing the company formation services, India. These firms basically aim to provide the expert consultation and make the path easy to enter in the business. For taking consultation, how you can start business in this developing country, you have to pick one of the service providers.
But the questions that remains here is that which firm is the best one to choose for getting the consultation. You can just search online the service providers that assist you in the formation of company whether it is legal, financial or operational aspect. These firms have the fine expertise to assist you in making entry in the business and you can now simply go for the company formation.
For your ease, this article also includes the information of business entities by which you can start your business in India. These include to Entry Strategy in India.
Sole Proprietorship
It is regarded as the easiest way for establishing the business in India. In this business entity, it needs to provide the owner’s PAN number to become registered as the Sole Proprietorship firm. There is only a need to register with government departments such as if you are going to provide some services; you need to be registered with service tax department.
Partnership
You can start your business in India with partnership firm. Two or more than two individuals can form this entity that can last up to 20 partners. By registration of this type of entity, the capital contribution of each person has to be mentioned.
Limited Liability Partnership
Limited Liability Partnership is a business entity that allows the members to keep hold of flexibility as far as ownership is concerned. This type of partnership firm also has own PAN number.
Private Limited Company
The Private Limited Company enables its owners to subscribe for company shares. Upon subscribing for shares, owners become entitled shareholders. It is actually registered as the separate legal entity for both the taxation and liability purposes.
Public Limited Company
This type of business entity is similar to the private company but the number of shareholders must be the minimum of seven to unlimited shareholders.
Chartered accountancy services in India.
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