company registration in Trichy, Investment is the establishment of a new company. A corporation can be a company, a non-profit organization, a start-up, a micro, small or medium business. The MCA manages corporate affairs in India through the Companies Act, 1956, 2013 and other linked Acts, Bills and Rules. The Ministry is centrally involved in the administration of the Companies Act, 201. In addition, it is engaged in the Companies Act, 1956 and the Limited Liability Partnership Act, 2008.
Register a company now to receive funding and tax benefits.
Registration Services in India with 3 Easy Steps:
Register your director with MCA i.e. Ministry of Corporate Affairs
Get directions to choose the right company name
Register your company’s constitution (MOA and AOA)
Penn and T.N. Certificate of affiliation, can be obtained after approval process of company registration in Trichy. You can formally open a current bank account with a certificate of incorporation and start your company operations.
Why should you register your company?
Getting a loan in the name of a company to invest in a company.
Your company also has the advantage of being a “separate legal entity.”
The responsibilities of the director are limited, by which he will not be personally responsible for the affairs of the company.
The director of the company can get tax benefit.
Since its inception, the company has had the power to seize, seize and dispose of property.
To build the goodwill of your brand.
You can get global reach with your company.
To establish a platform to deal with different types of “industries, suppliers, vendors and consumers”.
You can sue your company for any legal matter such as any trademark infringement and anyone can sue your company, but your personal interests will not be affected.
will differentiate yourself by entering the corporate environment.
You will get money from ordinary people to invest in your company.
Types of company constitution
Private limited company
A private limited company is a separate entity. The liability of the members of a “private limited company” is limited to the number of shares individually owned by it and the shares of the company cannot be traded in public.
Section 8 Company
Section Company is list under section of Companies Act, 201 of. It has been authorized to expand commerce, arts, science, education, research, social welfare, religion, if any, to protect the environment. , Then it can only be used to advertise the company’s object budgets and no profit can be paid to its members. Both “Section Company” and “Section 4” Company are different forms of company, which are registered for charitable or non-profit purposes under the Companies Act, 201.
One Person Company (OPC)
OPC also stands as a legal entity separate from its members, offering limited liability to its shareholders, having a business flow and is easy to incorporate. A one person company is similar to a “private limited company”, but it only needs one person.
Limited Liability Partnership
In an LLP partnership, each partner has limited responsibilities. It, therefore, depicts the components of partnerships and corporations. In an LLP, each partner is not responsible or liable for the other partner’s misconduct or negligence.
A fund company is a type of non-banking financial company (NBFC). He decides to lend and lend money to his members. It curbs the habit of saving among its members and works on the principle of mutual benefit.
Eligibility to register with the company
Minimum 2 persons
By at least 2 persons, the company can be register in India, who must act as a director or shareholder of the company. The maximum number of approved shareholders is 200 and the company can have up to 15 directors.
A director of the company must be a resident of India. A person is consider to be a resident if he / she resides in India for at least 182 days during the leading financial year, irrespective of his / her citizenship.
Invest according to the needs of your business, and there is no minimum capital requirement to keep in the company. However, the government fee on company registration in Trichy is measure on the amount of capital.
Unique company name
The proposed name of the company should not be the same as the existing “Company Name or LLP Name”. Moreover, you must check with the trademark registry to make sure that your chosen name for the company is not the same or similar to any registered or applicable trademark in India.
Company registration in Trichy offers many benefits. The registered company demonstrates realism and honesty, gaining the trust of both investors and customers. Other benefits are as follows: –
Legal identity or company recognition
Numerous tax benefits
Get an investment or funding for your company
Your responsibility as an individual is limit
Increase in brand image and developed confidence factor
Protection from personal liability and protection from other hazards and damages.
Get bank credits and good investments from regular investors with ease.
Protects your company’s liability to protect assets
More comprehensive capital contributions and higher stability
Steps to get company registration in Trichy
Company registration in Trichy will usher in a new era of start-ups and provide an additional edge over unregistered companies. The Ministry of Corporate Affairs oversees the registration aspect of the company in compliance with the rules and regulations prescribed by law. The steps included in the “Company Registration Process” are as follows: –
A copy of the regulator’s PAN card
2 passport size photographs of directors
ID Proof Aadhaar Card or Director’s Voter Identity Card
Proof of address Copy of rental agreement or property papers
Electricity or company site water bill
The importance of choosing the right company structure
It is important to choose the structure of your company carefully as your “income tax return” will depend on it. When registering your enterprise, remember that each company structure has different levels of compliance that must be followed. For example, the sole owner has to file an income tax return. However, the company will have to file an income tax return with the Registrar of Companies along with the annual return.
Company account books are compulsorily date through the year. Need to spend on dieters, accountants and tax filing specialists to meet some legal compliance. Therefore, it is important to choose the right composition of the company when considering company registration in Trichy. An entrepreneur should have a reasonable idea of the kind of legal compliance he or she is willing to do.
While some company structures are more favorable to investors than others, investors will always prefer a verified and legal company structure.