Bangalore, Karnataka is the hub for many startups, as we seen many large number of start-ups has started there journey in Bangalore, and Bangalore is the 3rd largest start-ups in India.
How to start a company?
A Company can register with one member OPC or a Private limited or LLP with minimum 2 members at a minimal capital of Rs.1000 only.
Biggest advantage of registering a company is, it is a separate legal entity, uninterrupted existence, limited liability, easy & free transferability of shares, owning property, better avenues for borrowing funds.
Types of Business can register in India?
Private Limited Company (Pvt.) which is privately held from Shareholders.
Limited Liability – its public unlisted company.
Partnership (LLP) – Liability of partners limited.
Public Limited Company (Ltd.)
Section 8 Company (Not-for profit or NGO)
One Person Company (OPC)
Non-Banking Finance Company (NBFC)
What documents required a start company?
A Company can register with minimal documents like:
- Pan card of directors
- Any one Id proof like Aadhar or voter id or Passport
- Recent 1 month Bank statement
- Passport size photo
- Mobile number and email ID
Benefits under Company Registration
below are major benefits:
- Company future liability if any limited to the Sharecapital subscribed
Any business in under its expansion incurs risks and gets rewards, the risk associated with the business can’t be extnded to the promoters personal assets. hence the private limited company protect the interest of the shareholders assets to that extent of there capital subscribed.
2. Easy to come out from Company.
unlike proprietorship business, where the business himslef associated, here in Private company, business is seperate person, and directors and shareholders are different.
Any diffrence with other promoters or in the business or for any personal reason, he/ she can easily come out by way of tendering his resigning and update with Mca recods.
3. Expansion by way of Capital raising.
As a private company it regulated by MCA. All your business details are easily accesible by general public.
Any investor who wish to come for investment must go thorugh the documents by online, and assess the capabilities of your company. If your company is worth, he can propose for investment or you can invite the angel investor or crowd funding for your business.
4. Enhance your brand image
Registering a company is important for any future dealings with third parties, Most large businesses that have a supplier selection criteria, tend to prefer to do business with a registered business entity
Why Choose Team-IN Filings?
Register Within 3 Working Days
If you’ve got all the documents and sign the authorization letter immediately, it will take us three working days to file the application with the Register a company.
Highest Clients Score
We are holding high rank in service. We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
Team of 20 Strong members
Our team of CA and CS experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.
We are always looking for client satisfaction and value for money
Value add services
We will provide new valuable ideas for your started business to grow.
For more information to register a company in Bangalore, Karnataka, India, visit our page: https://teamindia.co.in/public-limited-company/