Incorporation Services
1. Private Limited Company
A private limited company is a business structure under companies, incorporated under Companies Act 2013 with a minimum of two directors, and one should be a residential director in India, having authorized and paid up capital contributed by the shareholders based on business needs. The company have characteristics of perpetual existences, the rules and regulations are directed by Ministry of Corporate affairs.
2. One Person Company
One Person company (OPC) is a unique business structure under companies, wherein single person can own and operate company incorporated under companies Act 2013 having the capital contribution, Best attribute of this business structure is one person becoming sole owner of entire business in corporate model.
3. Limited Liability Partnership Incorporation
Limited liability partnership known as LLP is a hybrid business structure registered under Limited Liability partnership Act 2008, Requires minimum two partners for its incorporation. The rules and regulations are directed by LLP Act and by Ministry of corporate affairs. LLP is known for its ease of doing business having characteristics of corporate and partnership Act, Popularly recognized in corporate model.
4. Partnership Firm Registrations
Two person joining together with the intention of carrying on business can form partnership firm by getting registered under Indian Partnership Act 1932. Partners can bring in their capital based on agreed profit and loss sharing ratio in the business. Best used in scenario where two or more person bring in their own ideas, synergy, investment for captivating the business opportunity in the market.
5. Sole Proprietorship Concern
Sole proprietary concern are one person business structure wherein proprietor owns and manages his business completely in his personal capacity adhering to the rules and regulation of central and state governments. The proprietor solely enjoys the benefits of the profits and losses of business. This business structure is easily adaptable because of its lesser registration cost compared to other business structure available and widely in practice.
6. Trust Registration
Religious, NGO’s, Charitable, Private and public trusts registered under Indian Trust Act, 1882 with objective of nonprofit/charitable in nature/ Managing the funds of private trust for its beneficiary having settlor/trustees carrying on functionality and management of trust as per the rules and regulations stated in trust deed. There are many religious trust registered in India with the objectives of operating and managing religious places for betterment and welfare of public at large.
7. Society Registration
Group of Individual minimum seven or more come together to form society with memorandum of association or byelaw having specific aims and objectives with rules and regulations for its operation and management registered under Indian societies act 1860, Some of the best examples of societies are cooperative societies, resident welfare association, Builders association and so on. The primary objectives is to mutually benefit the members of the society.
8. NGO’s/ NPO Registrations
NGO’s & NPO registrations are directed by trust or societies act having objectives of not for profit but to sever the society at large, Many corporates are mandated for CSR contribution under companies Act 2013 for doing public service projects like Swach Bharath, garbage collection, education for poor and needy, orphanages and old age homes, Rehabilitation centers, green house projects and so on.
9. Amendments in Companies MOA & AOA, Registered office address, DIN update & Others
Companies’ change their objectives based on available business opportunities which mandates then to file necessary change in objectives by amending MOA & AOA to the Registrar of companies. Companies changing the registered office need to update the information to registrar of companies within stipulated time.
10. Reconstitution of Partnership Firm – Partners/Capital / Partnership Deed/Name Change
Partners change their constitution by way of bringing in new partners and retirement of old partners and few partners continue, In such cases firm needs to be reconstituted with new partners with agreed upon capital contribution, profit and loss sharing ratio, All this information needs to be updated to district of registrar for Indian Partnership.