In India has worked easy to make starting your own company easy, and this includes incorporating your business as a private limited company. The ownership of the company is controlled and managed by one or several individuals and not by public. Those owners held shares of the same among themselves. If you are an entrepreneur then you want to set- up your business, commence it smoothly and properly register it without any legal issues. It is important to use the correct procedure of private limited company registration.
In business a private limited company registration means to send an application with information about your business or company’s basics. But why do people register their Pvt Ltd Company and what is the procedure? First part answer is, registering a company allows attracting investors and makes money raising easier. For the second part, we shall see how to register a private limited company in India.
Documents Required For Private Limited Registration :-
Minimum Needs For Company Registration:-
No matter what happens with the company or the members or the directors, this won't affect the existence of the organization as per the law. The company will live forever.
Factors To Consider For Name Selection Of Company
The name of the company is crucial. It makes first impression of the suppliers, buyers and stakeholders. It must be relevant, attractive and suggestive. Different factors are there to remember while naming a company :
Meaningful -
The name of a company should be related to the business and its brand.
Unique –
The name of the company should not be identical or same to an existing trademark or company. Try to avoid plural version, punctuation marks or spacing in an existing company name.
Precise and Simple –
The name should be short and not be long. It should be pronounced and remembered easily while people read or hear it easily.
Should not be offensive or illegal –
The name of the company should not violate law. It should not be against the beliefs of any religion and customs and not abusive.
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The emergence of Microfinance has helped countless poverty-stricken people as well as unorganized businesses by providing the basic financial services. World's first Microfinance Company (MFI) is the Grameen bank started its journey in the era of 1983s. A Micro finance company is usually called Micro Credit Organization which deals in common loan.The Simple Process of GST Registration Online and it functions for Startup Business
Do you want to perform GST registration in India? Are you in need of complete information about GST registration in India? One of the best Taxes related reformations is the introduction of the GST in India. GST stands for Goods and Services Tax which is completely new in the Indian Industry. Formerly there were multiple tax regimes like sales tax, service tax, excise duty, VAT, purchase tax and so on. But now here is only one king that rules – the GST.Let us have a step-by-step guide to explain GST Registration Process Online Solutions.Start Your Business as Pvt Ltd Company & Get Online Company Registration
In India, most of the legally registered businesses are Private Limited Company. The reason may lie in its formation process. Private Limited Company enlistment measure is exceptionally straightforward in India.. This reason can be responsible that most of the Companies in India fall in this section