COMPANY REGISTRATION
Company Incorporation
An incorporated Company is a type of business that offers many benefits over being a sole proprietor or partnership, including liability protection and additional tax deductions. Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners.
Forming a corporation also allows you raise capital through sale of shares of your company. According to Small Business Computing. Our services span from incorporation to other business support services. We also offers a comprehensive range of accounting services, including bookkeeping, taxation and payroll.
Private Limited Company
Advantages for incorporation of Private Limited Company in India
A private limited company is a company privately held for small businesses. This type of business entity limits owner liability to their shareholdings, the number of shareholders to 200, and restricts shareholders from publicly trading shares.
1. Limited risk to personal assets The shareholders of a private limited company have limited liability. This means that as a shareholder you will be liable to pay for company’s liability only to the extent of the contribution made by you.
2. Legal Entity A PLC has a separate legal entity different from you. This means that the Company is responsible for the management of its assets and liabilities, debtors and creditors. And you are not responsible for it. So, the creditors cannot proceed against you to recover the money.
3. Trustworthiness Companies in India are registered with the Registrar of companies(ROC) under Companies Act 2013.
Public Limited Company
Public Limited Company Incorporation & Advantages
Company is said to be form when it is being got listed under the New Companies Act 2013 of India. Amongst of various forms of corporate in India; public company is one of the reputed and highly esteem corporate that can issue securities in respect of raising fundsEase to issue share to public
Reliability in the worth of shares
Able to implement the policy of distribution of workload
Centralization system will help in building a team work
Able to raise large capital
Easy to have business growth while using funds