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...