Company registration and formation services in delhi
Benefits of Pvt. Ltd.
What are the advantages of registering a limited company in India?
1. Limitation of risk to private property – members of a limited liability company have limited liability. This means that as a shareholder, you only have corporate responsibility up to the amount of your investment. Partners are not personally liable and therefore do not have to pay for the company’s liability out of their own assets.
2. Legal entity – The PLC has a separate legal entity from the customer. This means that the company is responsible for managing its assets and liabilities, debtors and creditors. You are not responsible for any loss of the company. Therefore, the creditor cannot take action against you to get your money back.
3. Raising Capital – PLC registration comes with compliance requirements, but is preferred by entrepreneurs as it helps them raise and expand their capital through capital while limiting their liability.
4. Credibility – Indian companies are registered with the Registrar of Companies (ROC) under the Companies Act, 2013. Company details can be viewed by anyone through the Ministry of Enterprise (MCA) portal. In addition, all director details will be provided at the time of incorporation of the company
How to Register a Limited Liability Company:-
Do you want to register your company as a limited liability company? Registering a company as a limited liability company is difficult as the process is complicated and requires a lot of compliance. do not be afraid. Our experts will help you through all the steps of registering a limited liability company. Instead of going through the entire registration process, you can take advantage of our expert services.
Step 1: Get Digital Signature Certificate (DSC)
Step 2: Get DIN
Step 3: Name Availability*
Step 4: Form SPICe+ INC-32
Step 5: e- MOA and e-AOA
Step 6: PAN and TAN Application
How to Register a Limited Liability Company:
Do you want to register your company as a limited liability company? Registering a company as a limited liability company is difficult as the process is complicated and requires a lot of compliance. do not be afraid. Our experts will help you through all the steps of registering a limited liability company. Instead of reading through the entire registration process, you can use our expert services.
Step 1: Get Digital Signature Certificate (DSC)
Step 2: Get DIN
Step 3: Name Availability*
Step 4: Form SPICe+ INC-32
Step 5: e- MOA and e-AOA
Step 6: PAN and TAN Application
Opc
Benefits of opc
Legal status
The OPC receives a separate legal entity status from the member. The separate legal entity of the OPC gives protection to the single individual who has incorporated it. The liability of the member is limited to his/her shares, and he/she is not personally liable for the loss of the company. Thus, the creditors can sue the OPC and not the member or director.
Easy to obtain funds
Since OPC is a private company, it is easy to go for fundraising through venture capitals, angel investors, incubators etc. The Banks and the Financial Institutions prefer to grant loans to a company rather than a proprietorship firm. Thus, it becomes easy to obtain funds.
Less compliances
The Companies Act, 2013 provides certain exemptions to the OPC with relation to compliances. The OPC need not prepare the cash flow statement. The company secretary need not sign the books of accounts and annual returns and be signed only by the director.
Easy incorporation
It is easy to incorporate OPC as only one member and one nominee is required for its incorporation. The member can be the director also. The minimum authorised capital for incorporating OPC is Rs.1 lakh but there is no minimum paid-up capital requirement. Thus, it is easy to incorporate as compared to the other forms of company.
Easy to manage
Since a single person can establish and run the OPC, it becomes easy to manage its affairs. It is easy to make decisions, and the decision-making process is quick. The ordinary and special resolutions can be passed by the member easily by entering them into the minute book and signed by the sole member. Thus, running and managing the company is easy as there won’t be any conflict or delay within the company.
Perpetual succession
The OPC has the feature of perpetual succession even when there is only one member. While incorporating the OPC, the single-member needs to appoint a nominee. Upon the member’s death, the nominee will run the company in the member’s place.