Company:-
A voluntary association formed and organized to carry on a business. Know as a Company here Full Details and types of companies
Types of companies
- sole proprietorship,
- General partnership,
- limited liability,
- corporation,
- public limited company.
Sole Proprietorship:-
A Company or business that legally has no separate existence from its owner. Income and losses are taxed on the individual’s personal income tax return.
#Features of Sole proprietorship:-
- Single Ownership
- Full-Decision Making Power
- Least Compliance requirements
- unlimited personal liability
- Lack of Credibility Among Fund OF investors
- No provision To add Partners
General partnership:-
A Company of a general partnership is an arrangement by which partners conducting a business jointly have unlimited liability, which means their personal assets are liable to the partnership’s obligations
#Features of General partnership:-
- Low cost entity Formation
- Profit Sharing ratio
- preparation of partnership deed
- Unlimited personal liability
- Maximum 20 partners
limited liability Company:-
limited liability company a private company whose owners are legally responsible for its debts only to the extent of the amount of capital they invested
#Features of limited liability :-
- limited liability benefit
- moderate compliance requirement
- superior tax advantage
- Allocation flexibility
- Freedom in management
private limited company:-
A pvt company type of company that offers limited liability, or legal protection for its shareholders but that places certain restrictions on its ownership.
#Features of private limited :-
- Limited liability
- Multiple share holders
- good For raising Fund
- separate legal existence
- High compliance Requirements
- Tax advantage
Company Registration benefit :-
- Enjoy Rights
- Enjoy Benefit
- Enjoy Privileges
Here WE go Now start
How to Register a new company in india :-
STEP:-1 Company Name availability
First Thing You know that before your application to register your company, Check availability from online mc portal website
Click here To check or go to http://www.mca.gov.in/mcafoportal/checkCompanyName.do
Step:-2 Apply For DIN(Director Identification Number)
- Apply online with the Ministry of Corporate Affairs for the DIN (Director Identification Number)
- Before you can register your company, you need to apply for a DIN.
- This unique number, assigned by the Ministry of Corporate Affairs, identifies the current or intended director of your company in India
Click here To check or go to http://www.mca.gov.in/MinistryV2/applyfordin.html
Step:-3 Register online for a DSC (Digital Signature Certificate)
DSC are the digital equivalent of physical or paper certificates and can be presented to prove your identity, to access information or services on the Internet or to sign certain documents digitally
- DSC is a secure and authentic way to submit a document electronically.
- As such, all filings done by the companies/LLPs under MCA21 e-Governance programme are required to be filed using Digital Signatures by the person authorised to sign the documents
Step:- 4 Registering a Application Form
- Get dsc
- get DIN
- Get INC 1 ( NAME APPLICATION)
- GET INC7( INCOPORATION)
- GET DIR 12 ( Appointing a Directors)
- GET INC 22 ( Location for registered office)
- GET INC 11( certificate for incopration)
STEP:-5 SUBMIT your Document To ROC
Once the RoC issues your Certificate of Incorporation Now You start Your business Good luck for Thanks
Note:-
All are for the educational purpose and help you we respect MCA.GOV.IN GET more info visit mca.gov.in
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How To register a new company in india