Foreign Company Registration - Quick and Simple Way to Start Business in India

Due to the advancements in the modern day nations and in all parts of the world, a large number of new start-ups and companies by young entrepreneurs and people are vying for getting their share in the markets. More and more people are taking risks by putting their efforts and money to fulfil their dreams and in hope of becoming rich. Unlike the older generations when people were less likely to take risk and put all their money in building up a firm or organisation, younger generation people are more passionate about their dreams of becoming rich no matter how much efforts it require.

Nowadays if any person comes with an idea that he or she thinks can not only help him or her in making money or making name for himself, they can quite easily garner funds through various firms that are ready to fund newer ideas provided that they are supported by extensive research and knowledge base.

First of all any person who wants to know about Steps to Set Up Private Limited Company must fully understand it. Limited companies are mainly of two types- one that are traded publicly in the stock markets also known as public limited company and other that are owned privately (more simply recognised by Ltd abbreviation in the company’s name. since it is quite unlikely that you never heard about the stock trading starting life on the stock exchange so we’ll concentrate here on limited companies.

A limited or LLC (limited liability company) is very different from an only investor company. If you’re an only investor or partner, you can be held individually accountable for all the financial obligations, which can be met from your individual belongings and assets.

How to Go for Foreign Company Registration

Foreign Company Registration requires more lawful management and knowledge than a single investor company or collaboration set-up. However, while the entrepreneur is individually accountable for any financial obligations suffered by a single Investor Company, a limited organization is an individual lawful enterprise to the organization administrators. Earnings and failures are part of the organization, and the company can continue regardless of the loss of life, resignation or bankruptcy of the investors or individuals who run the company.

Limited companies pay organization tax on their profits and organization administrators are subject to taxes as workers in the same way as any other individuals you employ to work for the organization.

Your individual financial risk is limited to how much you spent in the organization and provides assurances when increasing finance for the company. However, if the organization is not able and you have not carried out your responsibilities as a good administrator, you could be held accountable for financial obligations as well as being disqualified from performing as an acting official in any other organization.

Get Assistance from Company Formation Services

You can also take assistance from Company Formation Services to assist you in setting up your company. Steps for registering a new limited company are given briefly below:

Ø  See if you want to start a company on yourself or need some external help or assistance.

Ø  Decide the acting directors and senior working people in the enterprise 

Ø  Select a name & logo most suitable for your company without infringing on anyone’s copyrights or trademarks

Ø  File all of the necessary documents and files with the concerned government offices along with the required fees

Ø  Select right people for your company