Bizlegal USP's -
Have an idea to start a business in India, don't wait we at Bizlegal provide startup-friendly services, following are our USP's:
Register your startup in just 7 days
Simple and online documentation
Transparent and reasonable pricing as compared to 75% of law firms
Always available for clarifying doubts and solving problems
Smooth serving without any hassles.
Starting up a business independently is everyone’s dream. Here’s how you can achieve your dream and turn it into reality by starting up your own business in India. The first step is to get your company registered in India. The process of company registration in India is very simple. By incorporation of your company, you can start your business in a legal manner where you are not only provided a framework of growth, but also the assistance from the government.
Company registration is a process in which the business is given a proper legal framework and is incorporated within the MCA(Ministry of Corporate Affairs) in India in accordance with the provisions of the Companies Act 2013. Its entire process is now done online.
Process of Company Registration
The process of online company registration involves the following steps:
Gathering and collations of documents like PAN, Aadhaar, mobile bills, etc..
Applying for and obtaining the Director Identification Number
Filing the application to get the name of the company approved.
Drafting the MOA and the AOA.
Filing the application to register a company online.
Getting the company incorporation number (CIN) once the application is processed.
The procedural requirements of company name registration might seem trivial enough to be handled by a mere layman. However, there are many intricate legal requirements to register a new company online that requires the aid of the experts. These legal requirements are as follows:
Collecting and organizing the documents.
Applying for the Digital Signature Certificate.
Digital certifying the documents.
Precisely drafting the Memorandum and Articles of Association.
Filing the application of business registration online.
Obtaining and forwarding the Certificate of Incorporation.
In order to make it simple for you to register your company without any unnecessary hassles, you require the right experts to provide guidance to you and handhold you to provide you the best company incorporation services.
This is where Bizlegal comes into the picture. Bizlegal.in is an all-legal service provider for start-ups. They provide complete company incorporation services in India and provide complete support to budding entrepreneurs and startups to move in the right direction, legally. Each and every service is optimized to get accurate results and all the services are provided at the most affordable company incorporation fees that you can hope for.
So reach out to our experts as soon as possible and realize your dream of becoming your own boss by starting your own company.
Forms of Business you may Choose
Company Registration - A Private Limited Company is the most preferred form of business for Startup India, It is easy to incorporate and manage. Angel investors and any other long-term investor insist on a Company for making the investment.
LLP Registration - Limited Liability Partnership is an advancement over the traditional partnership firms, with some characteristic features of a company, as a limited liability. It lacks the potential to grow and is not preferred for funding.
Partnership Firm Registration - You can start a partnership firm by just signing a partnership deed. Even its registration is not mandatory, however, is necessary as an unregistered firm can not recover beyond Rs. 100 from its debtors.
Sole-Proprietorship - It is for small businesses with a low budget, like small shops may open their store as a proprietorship concern. It's a one-person show where all profits and loss goes to the proprietor alone. Proprietorship business cannot be registered as such. However, all other registration may apply.
OPC Registration - Now you can form a company with just one person as shareholder and director. You need another person to become your nominee. However, an OPC needs to convert as a private/public company in case its capital crosses 50 Lacs, and the turnover exceeds 2 Crores.
NGO Registration - For a social, welfare, educational or charitable activity, you may start a company under section 8 of the Companies Act, 2013 or form a trust or incorporated society. After choosing the kind of entity, you may get it registered as a Non-Governmental Organisation.
The individuals wanting to have their own startup get baffled as to which structure is most suitable for them. For such individuals who are confused about the same, here is a crisp distinction between the three structures to provide some clarity:
Partnership Firm Registration
Is a separate legal entity.
Number of Members / Partners
In case of One Person Co. – 1 ;
In case of Private Company- 2 (Min.) and 200 (Max.); and
In case of Public Company- 7 (Min. ) and unlimited (Max.)