Company registration for your business
Company registration for your business is one of the major requirement in the security aspect. The protection of company asset and brand name on behalf of the government regulations in India. It is the duty to make sure your business is safe for future in all the transactions, and we Corproots are here to provide you best service for the company registration.
On prior to the process of the business registration there are few factors which is frequently required for the new business setup person like you. Let see the factors brief in this article
FAQ for Company registration in India
Is company registration possible for company registration?
Government regulations in Companies Act of 2013, for a private limited company the number of directors and shareholders involved in the business organization should be minimum of two. But if the case is different with single shareholder then you can find an option by bringing your mother or father or any other relative to have one part of share.
Why Private limited companies are common in India?
It is easy to start a private limited concern compared to other type of legal forms. The advantage of the private limited company is in the capital raising process for immediate funding and also the employee allocation is simple. When compared to the sole proprietors the pvt ltd companies can easily get loans from banks.
What can be the minimum and maximum number of directors and shareholders in private limited company?
At least 2 directors and shareholders should be there for the private limited company. Maximum of 15 directors and 50 shareholders is allowed for the company as per the rule.
How much investment is initially required?
Not required. The investment for the company’s starting phase is not required for the private limited company. Usually the company concerned persons get the necessary machineries like computers etc. for the initial functioning of the business.
What are the requirements for the private limited company registration?
Regulatory requirements is few for private limited companies compared to the public limited since they are not traded publicly. Simply you can get the idea that those companies do not require to disclose bank account details.
How is the process of company registration?
- Get the Digital Signature Certificate (DSC) for the partners in the company
- Apply and get the Director Identification Number (DIN) for the partners
- Obtain name approval from the registry
- Draft MOA and AOA for the company
- Finalized with the certification of incorporation
