5 Advantages of an Online Company Formation Services.

Author: Neeraj Bhagat

It used to be that company registration was process that most owners for new business dreaded doing. But that was before online company registration was made possible. Now gone are the days when a company owner has to go the inconvenience of personality visiting a registration center, Faced with the possibility of having to wait days before his business can be declared official.

Today, forming a company is now a simple and straightforward process. That said, there are still plenty of would-be business owners who are reluctant to take advantage of registering a company through the Internet simply because it is known to be a notorious playground for shameless scammers and fraudsters. To combat this problem, online company registration service providers have taken extra measures to provide security and protect the privacy of their clients.

There are actually plenty of reasons why entrepreneurs ought to register their companies through the Internet, but here we are only going to talk about the 5 advantages of registering a company online in India.

It’s completely hassle-free.

Online company formation totally eliminates the need to wait on long queues at crowded registration centers because the entire procedure can be accomplished online, and with just a few mouse clicks. All one has to do is secure and fill out an online order form with necessary information such as the preferred company name and valid business address, owner’s name, birth date, and address, officeholders’ information, and shareholders’ details.

It’s time-effective

Once the order form is completely and correctly filled out, one click on the submit button and a Certificate of Registration as well as a copy of the Constitution, complete with other important ASIC documents, will be sent to the company owners’ email address within 30 minutes to an hour.

It’s cost-effective.

Because there is no lawyer’s or accountant’s fees involved, registering a business online is now affordable. This is an advantage that small start-up companies are very grateful of. Just a little over $500 is a fair enough price, considering the absolute convenience it provides company owners.

It offers value-added services.

Most companies offering online business registration also offer their clients the option to have their trust deeds and superannuation funds set up for them, a process that most consider as complicated and time-consuming.