Company Registration Chennai

What Process For Limited Liability Partnership Registration in Chennai?  "Call Our Business Plan Experts at +91-72999-72500" LLP is a new corporate structure which integrates the benefits of a private limited company and a partnership firm. It is easier to maintain and has lower registration fees. A registered LLP will have higher credibility in the market as it is a separate legal entity. It will also find it easier to raise funds as compared to traditional partnership firms. As the firm has a proper succession structure, it will be easy to continue even after the death of any partner. Furthermore, it has fewer compliances and is more transparent than a traditional partnership firm. The process for converting an unregistered partnership firm into a registered LLP is relatively simple and can be completed within three months. The first step involves drafting the partnership deed. The partnership deed should clearly state the rights and responsibilitie...

What Process for Partnership Registration in Chennai  "Call Our Business Plan Experts at +91-72999-72500" A partnership is a business entity which allows two or more people to invest their resources in a joint venture. Generally, the investment is made equal and the profits are shared by the partners of the firm. The registration of a partnership firm is voluntary in India but it helps the firm to gain legal recognition as it will be listed on the registrar of firms. To get the partnership registered , the partners must submit the duly signed copy of partnership deed along with other required documents to the registrar office. The registrar will check the documents and stamp duty charges and then register the firm. Once the firm is registered, it will get a certificate of registration which can be used as proof of existence of the firm. One of the major advantages of a registered partnership firm is that it can borrow funds easily as the lending capaci...

Who Can Apply For MSME Registration in India The MSME sector is a vital part of India's developing economy. This is why the government has set up a separate ministry to support and promote it. Getting registered as a MSMEs or Udyog Aadhaar can have its own set of benefits such as easier access to loans, tax exemptions, and subsidies from the government. However, registering as an MSME isn't mandatory. Nevertheless, it is recommended for small businesses to register as an MSME in order to avail multiple benefits provided by the government. Whether you are a new or existing business, you can opt for an online Udyog Aadhaar registration process. During this, you will have to provide basic details about your business and upload certain documents. Some of these documents include proof of address, aadhaar number, PAN card, bank account details, and a photo of the applicant. The other important document that you will have to submit is a detailed business p...

How to Get GST Number for Sole Proprietorship Company in India  "Call Our Business Plan Experts at +91-72999-72500" Sole Proprietorship is a business that has only one owner. The lone owner handles all the operations and looks after the administration of the firm. A sole proprietorship does not have to Register under any law. However, it is mandatory to have a GST Registration in case the business has an annual turnover exceeding the prescribed threshold limit. The first step is to apply for a  GST registration Proprietorship Process Consultant online .  If the business has a turnover of more than Rs 20 lakh, it must obtain a GST number  to collect tax from its customers and file returns. It is also required to open a bank account in the name of the business entity. Many banks have their own criteria for opening a bank account for a business. To obtain a GST number, you must fill in Form GST REG-01 on the GST portal and submit supporting documents. ...

Post Incorporation Compliance for a Private Limited Company in India "Call Our Business Plan Experts at +91-72999-72500" A Private Limited Company is a popular structure to get started with a business as it provides multiple benefits like raising funds, attracting investors etc. However, the work is not over just after you receive a certificate of incorporation. There are some statutory compliances that you need to take care of within a certain time frame. Incorporating a Private Limitedcompany is an easy process but making sure it remains compliant at all times is difficult as the companies act 2013 is stringent and leaves no room for errors. It is important for the directors and shareholders of the company to be aware of the post-incorporation compliances so that they do not fall prey to penalties and punishments. One of the important post-incorporation compliance is the declaration of commencement of business.  Another important compliance is ...

How Women Entrepreneurs Can Start Business in Tamil Nadu "Call Our Business Plan Experts at +91-72999-72500" A business is a for-profit entity organized to engage in commercial, industrial, or professional activities. Businesses may be sole proprietorships, partnerships, corporations, or non-profit organizations. A common feature of all businesses is that they produce goods or services. Whether a business is for-profit or non-profit, it must be profitable in order to sustain itself. Women entrepreneurs continue to be under-represented in the workplace, largely due to discrimination and entrenched social barriers. This situation is compounded by economic trends, labour force participation declines, and technological disruptions that threaten to further exacerbate the gender gap in wages and opportunities. The solution to these challenges lies in entrepreneurship, which can be leveraged by women to boost economies, create employment, and deliver transformat...

How Can a NRI Register a Business in India? "Call Our Business Plan Experts at +91-72999-72500" NRIs, Foreign Nationals and foreign companies are investing in India at a rapid pace as the economy is booming. This investment is fuelling the economy and providing many opportunities for businesses to thrive in this country. The question that many ask is "How can a NRI register a business in India?" An NRI is an individual who has Indian citizenship but lives outside of the country for some reason. This may be for work, education or family reasons. These individuals are defined by FEMA and the Income Tax Act and must comply with both regulations in order to invest or start a business in India. If an NRI wants to start a proprietorship, they must register the business and obtain a PAN card. They must also register with the Ministry of Corporate Affairs and obtain a certificate of registration from the Registrar of Companies. They must open a bank acc...

What is the difference between an OPC company and Proprietorship Company? "Call Our Business Plan Experts at +91-72999-72500" Choosing the appropriate business structure for your company is one of the most crucial decisions you need to make as an entrepreneur. There are various parameters that need to be analysed before selecting the right business structure for your company. These include – Formation and legal status, Taxation, Risk on personal assets, Startup advantages, Attracting Investments, Tax Compliances etc. A Sole Proprietorship and OPC are two different types of business structures available to entrepreneurs. Both are similar in many ways and have their own perks. However, the major difference between OPC and Proprietorship is in terms of Liability. The concept of one person company was introduced by the new Companies Act, 2013 to provide a middle ground between sole proprietorship and private limited companies. It provides a separate legal...

What Are the Differences Between LLP Company and Partnership "Call Our Business Plan Experts at +91-72999-72500" In this article, we look at what are the differences between an LLP  company and partnership. We also discuss the advantages and disadvantages of forming either a limited liability company or a limited partnership. We highlight that the structure chosen will have long-term repercussions and that it is crucial to weigh up the pros and cons with your legal and tax advisors. An   difference between a partnership and an LLP    is a separate legal entity with a distinct personality, and its members can enter into contracts, own property and sue or be sued in their own name. Typically, the members' personal assets are protected against business debts and liabilities. However, the LLP may lose its protection if an owner injures someone, does something fraudulent or personally guarantees a bank loan. Unlike a corporation, an LLP does no...

How to Form a LLP Company in India "Call Our Business Plan Experts at +91-72999-72500" An LLP is a separate legal entity which can enter into contracts, possess property, and sue or be sued. The assets of the LLP are not tied to individual partners, meaning that personal assets are shielded from being used to pay business debts. Additionally, the LLP has perpetual succession, which means that even if a partner leaves or dies, the LLP will continue to operate. While a LLP does offer several advantages, there are also some disadvantages to this type of entity. For example, unlike a corporation, an LLP cannot raise capital from venture capitalists and angel investors because there are no shareholders. In addition, a LLP is required to file the LLP Agreement with the Registrar of Companies within 30 days of incorporating. The LLP agreement will contain details such as the name of the LLP, name and address of all the partners and designated partners, ...

Benefits of Private Limited Company Registration in Online "Call Our Business Plan Experts at +91-72999-72500" A sole proprietor is liable to the full extent of his or her personal assets for the liabilities of the business. To reduce this risk, businesses are incorporated to limit the liability of the owners. A limited company has a number of advantages over a sole proprietorship or partnership, but there are some costs involved in operating as a limited company. These include initial registration fees and annual filing fees. There are also intangible costs, such as time spent complying with legal requirements. If you are unsure whether a limited company is the best structure for your business, it is recommended that you speak to an experienced tax lawyer. The benefits of a Private LimitedCompany Registration Consultant in Online are that you are able to use the "LTD" suffix at the end of your company name, which signals that your busin...

Trademark Registration Process Online in Bangalore "Call Our Business Plan Experts at +91-72999-72500" Trademark registration is a vital component to protect your brand name. It gives you exclusive rights to use your trademark in connection with the goods and services you offer, helps establish your goodwill, makes it easier for customers to identify and locate your goods and services and is a legal proof of ownership. The   process of trademark registration Consultant online   applying for can be time-consuming. It is also important to keep track of your application's status so you can ensure that it has been processed correctly and that no issues have arisen. It is possible to check the status of a trademark application by visiting IP India's official website and using their trademark search service. During the trademark search you can also find out whether a similar mark has been registered or not. The trademark application is then examin...

  GST Registration Process Online in Chennai   "Call Our Business Plan Experts at +91-72999-72500" GST registration process online in Chennai is important for any business, especially if you're a small company. This ensures that your business is registered with the government and abides by their rules and regulations. It can also help you save on overhead costs. This is because you'll be able to use your virtual office address as your official mailing address. This way, you can avoid paying hefty maintenance bills, housekeeping fees, and reception charges. During the GST registration Advisor in Chennai , applicants will be asked to provide a valid PAN number, proof of identity such as passport or driving license, address proof, and bank details. Moreover, they must also upload a digital photograph and signature. The application is then verified and approved by the authorities. This can take up to 30 days. After the registration is compl...

Roc Annual Filing Process Online In Bangalore During the previous fiscal, over 2.25 lakh companies were struck off by the Registrar of Companies (ROCs) for non-filing of financial statements and annual returns. The Central Board of Direct Taxes (CBDT) has asked its zonal heads to check if the same firms indulged in money-laundering activities during demonetisation. Roc Annual Filing Process Online In Bangalore The annual filings of a company need to be filed in two months after the end of the financial year. This involves filing of Form 11 and Statement of Accounts and Solvency. The company needs to have a proper book of accounts and the same need to be audited by a Chartered Accountant. It is also necessary to file the Income Tax Returns if the company is having a turnover above Rs 1 crore. We help you in filing the ITR with the Reserve Bank of India on time. Our services include book-keeping, preparation of financial statements and tax returns. We als...

GST Filing Process Online in Bangalore The Goods and Services Tax is a comprehensive indirect tax that has replaced multiple taxes in the country. It has helped the Indian government achieve its 'One Nation One Tax' goal by simplifying the taxation system. It is a multi-stage tax that is levied on every stage of value addition of goods and services. It is monitored by the Central Board of Indirect Taxes and Customs (CBIC). Depending on the type of products and services, the GST rate is different. Luxury and comfort goods are taxed at higher slab rates while essential items have lower or even nil rate slabs. The CBIC has created a scheme called composition scheme for small taxpayers to make it easier for them to pay their taxes. Companies with an annual turnover of Rs 1 Crore can register under this scheme. However, they must fulfil a set of conditions to avail this facility. GST has three components, CGST, SGST, and IGST. CGST is collected on the sale of pr...