FORM A BUSINESS
Company Registration In Salem
Solubilis offer one of the best company registration services in Salem. Company formation gives the right to do our business in legally without any hurdles. In India registration of company is also termed as incorporation of company. In India according to the survey there are 7 lacks of registered business and each month more than thousands of firms are registering legally under the company Act 1956. Based upon the rules of ministry of affairs each company or business has to register the company by the registrar for the state. In each company name “Limited” is the suffix and have to mention commonly for the corporation. Choosing the correct mode of company structure is really important. Because company registration and its mode of registrationshould depends on your Income tax returns. Each business structure has different levels of compliance. The company’s accounts book has to audit in every year. All those procedures require money for spending to auditors, tax experts and accountants. Thus it is really important and mandatory to choose the correct business structure before getting the registration.
Advantages of Company Registration
The registered company enjoys its own rights. It has its own liabilities ad legal proceedings. It has a legal capacity. They own its properties, experience the debt. The individual company owners do not owe liabilities towards the company.
The company is everlasting and it denotes continuous existence of the corporation or company from the beginning of its legal existence. The death of the member or the non-existence does not affect the life of company.
The limited responsibility of each member of the company means limited amount of legal liability towards the amounts of debts. That Is the responsibilities are limited to the face value of the shares purchased by them.
The company is the legal entity which helps to raise the equity funding for promoters. The PVT Ltd company rise the funding from angel investors and the private equity investors.
Easy shares transfer
The company share is limited by the share purchased. It may transfer from one person to another. The signed copy Is mandatory for share transfer along wth the share certifications.
Duality in relationship
The company make a contract with each individual member. Through the contract it is possible to any person to act as the employer by taking the control of the operations.
Frequently Asked Questions
The company is incorporated under the companies Act, 1956. It has a separate entity rights from that of shareholders. Each shareholder has a control over the affairs of the company.
Private limited company
Public limited company
Limited liability partnership
One Person Company
The DIN is an identification number issued to the director of the company by the Government of India and the ministry of corporate affairs. These concepts were introduced by the section 266A and 266G instead of companies Act.
In a Public company there are no limitations in the number of maximum numbers of shareholders. The company is limited by shares. It can be formed under the minimum category of 7 members and 3 directors.
The DPIN is the designated partner identification number uses for identifying the LLP partners. The DPIN is equal to the DIN of the private or public limited company.