Company registration is an important step towards running business. A company is a legal entity which is separated from you i.e you have limited liability towards company. Registering company gives you legal safety at some extent against bad debts, litigation etc. Companies are more trusted than individuals generally. And some type of businesses require mandatory company registration.
Banks usually consider company’s assets revenues etc before granting loans. Individuals can raise capital on personal behalf, but professional investors grant funding to companies only. So if you are looking to expand your business in future it is advisable to register company, because without company you are unlikely to raise funds, get land from govt at concessional rates,and other govt subsidies which govt offer to general employment in their respective states. Also it is easier for consumers to trust on company than individual. Also it will be easier for an employee to trust your venture if you are a company. Small businesses often register private limited company.
There are various options available to register as a company. You need to consider them carefully before starting the process. To register a private limited company, it require 2 directors, if you want to be a director of company you need to apply for DIN number. Once DIN number is obtained, one need to obtain Digital Signature, have permanent address of company. Usually id proofs of shareholders, directors etc are required to complete this procedure.
The process of company registration is completely online, however one need thorough knowledge of complete registration eg. how to obtain DSC, DIN etc or submit memorandum of association explaining your company profile.
Trademarklegalhub have experienced company regsitration consultant in our team. By understanding your requirement we can explain you what kind of company is best for you. Our prices are reasonable. If you are looking to register company , feel free to call us at +91-7814757608
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