Company registration is the primary process by which business owners establish or incorporate their company. Since there are several types of companies in India, entrepreneurs have to ensure they choose a business type that suits their operations. Registration is the process by which a company files required documents with the Securities and Exchange Commission (SEC), detailing the particulars of a proposed public offering. The registration typically has two parts: the prospectus and private filings.
Company registration in India benefits startups since it offers them an advantage over those who have not registered. The process of registering your company is complex and involves many compliances. However, you needn’t worry as long as Maskin Web Solutions India Pvt. Ltd. is there for you as our professionals can help you with every step of the private limited company registration process.
Let's have a look at the different types of company registration.
rivate limited companies are suitable for businesses that require registration as private entities. In this type of company, a group of shareholders distribute the liability amongst themselves to help protect their personal assets.
A Public Limited Company is one in which members of the general public can buy shares. A Public Limited Company (PLC) is a voluntary membership organization formed under company law.
This type of company reflects sole proprietorship in several ways. However, the significant difference between sole proprietorship and partnership is the number of people involved.
Popularly called an LLP, the limited liability partnership is a new type of company in India. It enjoys a separate legal status, helping distinguish between personal and business assets, and granting the entrepreneurs limited liability protection.
OPCs are the newest addition to the many forms of Companies Registration available in India, and they are ideal for small enterprises. The Companies Act of 2013 established the one-person company.
The sole proprietorship is nothing but a company run by a single person. Usually, in sole proprietorship companies, the owner is responsible for all profits or losses. It’s an individual company and pretty easy to set up the business.
Commonly called a non-profit organization, Section 8 companies work for charitable purposes. The purpose is in the lines of promoting arts, science, literature, education, caring for the needy, and protecting the environment.
Or call us now 9088188288