Registration of company is a completely online process. We can file application of company registration online and you can track progress online as well. There are various types of companies that can be registered .
Biggest advantage of company registration is limited liability against any claims. Registered companies have legal immunity of some extent compare to individual businesses. Every business carry some legal risks, hence business owners prefer to register company. Registered companies are more trusted by customers, even some businesses prefer to conduct business with registered businesses only and does not consider individuals for businesses.
There are various types of companies that can be registered in India. Each type of company have own advantages and limitations. Here are the most common types of companies that can be registered
Private limited company:- This type company is often registered by small business owners. As name suggest its shares can’t be sold freely using stock exchanges or can’t make public its shareholder. Promoters personal assess are protected. Minimum two directors are required to register private ltd company.
LLP:- Just like private ltd company LLP is a form of company registration with some differences eg. governed by LLP act 2008, can have unlimited partners, no capital requirement and less compliance burden etc. This form of company registration is option for businesses who can’t bear high compliance costs of private ltd company.
OPC:- As name suggests, OPC is one person company. The main difference between OPC and sole proprietorship is that OPC company have limited liability. It has its own assets and assets of promoted is protected. It is suitable for businesses owned by individuals.
Public Limited Company:- This type of company is suitable for large businesses who want to raise capital from public in future. It has higher compliance costs than all other type of companies and suitable for large businesses. It has no restriction on number of shareholder.
To learn more about company registration contact us as follows
Trademark And Legal Hub
Phone:- +91-7814757608
Address:- Savitry Enclave, 3 A, W VIP Rd, Zirakpur, Punjab 140603
Location- https://g.co/kgs/TNwUzhE