Company Registration
Information
In India, businesses can be registered under various legal structures, each with its own set of regulations and requirements. Here are some common types of business registrations in India:
Sole Proprietorship:
Simplest form of business where an individual owns and manages the business.
No formal registration is required, but the business may need to obtain specific licenses.
Partnership Firm:
A business owned and managed by two or more individuals.
Partnership Deed is a crucial document outlining the terms and conditions of the partnership.
Limited Liability Partnership (LLP):
Combines the flexibility of a partnership with the limited liability feature of a company.
Requires registration with the Ministry of Corporate Affairs (MCA).
Private Limited Company:
A separate legal entity with limited liability for its shareholders.
Requires a minimum of two directors and shareholders.
Must be registered with the Ministry of Corporate Affairs (MCA).
Public Limited Company:
Similar to a private limited company but with more stringent regulations.
Can raise capital by issuing shares to the public.
Requires registration with the Ministry of Corporate Affairs (MCA).
One Person Company (OPC):
A type of private company with a single shareholder.
The concept allows a single entrepreneur to operate as a company.
Requires registration with the Ministry of Corporate Affairs (MCA).
Producer Company:
Formed by farmers or producers to carry out activities related to their primary produce.
Aimed at improving the income and livelihood of producers.
Registered under the Companies Act, 2013.
Once the companies are registered in the form that best suits your business, depending on the requirement we take the process forward and support your businesses in more registration that will benefit in smooth functioning of your organisation.
Micro, Small, and Medium Enterprises (MSME) Registration:
For businesses engaged in manufacturing or service activities and meeting specific criteria related to investment and turnover.
MSME registration can provide various benefits, including priority sector lending, excise exemption, and subsidy.
Shop and Establishment Act Registration:
Mandatory registration for businesses operating commercial establishments, such as shops, hotels, and restaurants.
Regulated by state-specific Shop and Establishment Acts.
GST Registration:
Goods and Services Tax (GST) registration is mandatory for businesses with a certain turnover threshold.
Enables businesses to collect and remit GST to the government.
Trade License:
Issued by local municipal authorities to regulate specific businesses within their jurisdiction.
Ensures compliance with local laws and health standards.
FSSAI Registration:
Required for businesses involved in food manufacturing, processing, packaging, distribution, and sale.
Issued by the Food Safety and Standards Authority of India (FSSAI).
Import Export Code (IEC):
Required for businesses engaged in importing or exporting goods and services.
Issued by the Directorate General of Foreign Trade (DGFT).
Business owners should carefully choose the legal structure that aligns with their business goals, size, and industry. The registration process and compliance requirements may vary for each type of business entity. Get in touch with us and we will take care of accurate and timely registration.