There are many business structures that you can choose from. The structure you choose will impact the taxes you have to pay, the compliance measures you must take, and the eligibility criteria. Company registration can be a great help in all of these situations. If you are confused which company to chsose, Company Registration Consultants in Dwarka Sector 19 is the one to help you.
Types of Company Registration
The Company Registration Consultants in Dwarka Sector 19 is the best way for business owners to establish their company. Entrepreneurs need to select the right type of Indian company for their business. There are many Indian companies.
- Private Limited Company
- Public Limited Company
- Partnerships
- Limited Liability Partnership
- One Person Company
- Sole Proprietorship
- Section 8 Company
Private Limited Company
Private limited companies can be used by businesses that do not need to register as private entities. This company lets shareholders share in the risk and helps protect their assets. For such business types, the total capital is the sum of all shares owned. This allows for greater security, protection and privacy.
Types Of Private Companies
- Shares limit
- Guaranteed Limitation
Limited Liability Partnership
India’s newest type of partnership is the limited liability partnership. Also known as an LLP. It is recognized as a legal entity. This permits entrepreneurs to differentiate between personal and business assets and gives them limited liability protection. A partner’s liability in an LLP will be determined by the amount of shares capital they have.
One Person Company
OPC is the latest addition to Indian company registration. This is the best option for small businesses. It is the best choice for entrepreneurs looking to start a business. OPC is an entity that can be legally registered. Although entrepreneurs have the option to obtain liability protection, they don’t necessarily need to partner with anyone.
Sole Proprietorship
As a sole proprietorship, only one person is responsible for managing the business. The company and its owner are considered one entity. Both the owner and company are responsible for all profits and losses. The owners’ names and addresses will be included on the registration. This permits unlimited business liability.
Section8 Company
Others sometimes refer to section 8 companies as non-profit organizations. They are charitable organizations. Its mission is to support arts, science, literature, education, poverty alleviation, and the protection of the environment.
The Benefits of Company Incorporation
Taxontrack solutions make it simple to register any of these types. You can also ask any questions you may have, and we will help you navigate the process.
Services offered by Dwarka Sector Company Registration Consultants
Everybody wants to be independent. Company registration is the first step toward starting a business. Tax on Track Solutions, a Company Registration Consultants in Dwarka Sector 23, is responsible for registering all companies within Dwarka Sector 11 Delhi. This includes private limited company registration and partnership firm registration.
Read also this blog: Significance of Registered Office of a Company
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