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Company Registration and Compliance Management Secretarial Services

Author: Kulbhushan Parashar
by Kulbhushan Parashar
Posted: Aug 25, 2016

When incorporating a business a lot of things need in-depth consideration, the foremost being the type of entity best suited for set-up. It would depend on critical factors such as ownership, fundraising capability, minimum capital, etc. In the case of two or more owners private limited, LLP, or partnership firm is a suitable choice. Partnership firms are appropriate for the small sector and could be registered or unregistered. There are certain benefits of registration also the firm may file for a trademark to stop unauthorized use of its name. Partnerships are authorized by a legal agreement which needs to be drafted by a legal expert. They also have to manage minimum compliances as there is no need of any annual filing as compared to LLPs and companies. However, PAN and TAN registration is needed after registration of the firm.

Private companies are most popular kind of business entity established in India appropriate for small and large scale business. With maximum shareholder limit of two hundred, the free flow of capital is also available although selling of ownership to the public is not possible. A private limited company registration in India must first convert to public limited for trading its securities to the public. A minimum two shareholders can register a Pvt. Ltd. company by going through a regulatory procedure. The company registration process is expedited with the introduction of INC-29 which is a multi-purpose e-form. It needs to be filed along with the supported documents and memorandum of the company. However, it also has some limitations as one name can be selected in this procedure also only one reattempt is given to correct the mistake. In order to facilitate, the business atmosphere in the country, ministry of corporate affairs has relaxed the registration process. After analyzing the form and documents certificate of incorporation is sent via email to Director in 7-8 working days. To commence operations PAN and TAN registration, and company bank account needs to be opened.

For a larger business entity with unlimited shareholders public limited is the option available set-up with at least seven members and a capital of five lakhs. Such companies enjoy a great benefit in the form of liquidity as ownership can be sold to public for raising capital. The management compliances are also much complex as the investment of public is at stake.

For assistance with company registration online and compliance management, consultancy services are available. A leading consultancy for such services is Corporate Capital Ventures. It is also a renowned brand for financial, legal, and secretarial services with a team of professionals across each discipline. CCV has special expertise of serving in the area of company incorporation and compliance management.

Conclusion: Company registration and compliance management services of a consultant make business commencement hassle-free.

About the Author

Corporate Capital Ventures is a leading brand company in the field of consultancy services that offers legal, financial, and secretarial services having more than 10 years of experience.

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Author: Kulbhushan Parashar

Kulbhushan Parashar

Member since: Aug 08, 2016
Published articles: 8

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