Company Registration | Online company Registration | Company Registration in Delhi | waytolegal

Company Registration

 

A Company is a separate legal entity, independent of its promoters and is registered under The Companies Act, 2013. To register a company, we need at least two person as the shareholder and director, who can be same persons. However one of the directors must be resident in India. A Company is a favorite form of business for Startup India, where the biggest benefit is the concept of limited liability to its shareholders. The Banks, Financial Institutions, and Angel Investors Invest only in a Company form of business. Hence we strongly advise registering a company for your business.

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FORM OF BUSINESS Pvt.ltd.Company ONE PERSON COMPANY LLP PARTNERSHIP FIRM SOLE PROPRIETOR
Recommended for Startup & Growing business One Man Army Partnership firm with legal shield Business manage by 2 or more partners Business manage by single person
Limited Liability Protection Available Available Available Not Available Not Available
Whether business name secure? Yes Yes Yes No No
Tax on profit 25% 30% 30% 30% 10-30%
Equity Funding Possible Not Possible Not Possible Not Possible Not Possible
Loan & Borrowings Easy Easy Easy Difficult Difficult
Audit Requirement Mandatory Mandatory If annual turnover exceeds Rs.40 Lacs or Capital exceeds Rs.25 Lacs If annual turnover exceeds Rs.1 crore If annual turnover exceeds Rs.1 crore
KNOW MORE Start from 11449 Start from 10449 Start from 7999 Start from 1999 Start from 1499

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