Which is the best company registration Consultants in Hyderabad?
Best company registration means a new corporation/company (the corporation is a legal entity that is effectively recognized as an individual by law). A corporation can be a business, non-profit organization, start-up, micro, small or medium business. The MCA regulates corporate affairs in India through the Companies Act, 1956, 2013, and other ancillary laws, bills, and regulations.
MCA also protects investors and provides a number of important services to shareholders. The Ministry is primarily concerned with the maintenance of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other by-laws and rules and regulations, primarily to regulate the performance of the corporate sector under the law. An organization is a legal entity formed by a group of people engaged in the activities of the business.
The business range that the company chooses determines the type of entity that the business chooses. Company incorporation is the registration of a company under the jurisdiction in which they operate. Depending on the nature of the business, the company may be owned by a single person or group of people.
Kinds of Best company registration services
Private Limited Company Registration means a company incorporated as a private company under Section 2 (68) of the Companies Act, 2013. A private company has a maximum of 200 members except its former employees and current employees. More than two persons holding joint shares shall be treated as a single member. A private company does not invite the public to subscribe to its shares. A private company is required to add the term “Private Limited” or “Private Limited”. Ltd. ”At the end of its name. A private company must have at least two members and two directors. The private company has the right to issue debentures to any number of individuals.
Public limited company
The company that sells the securities on the stock exchange and anyone can order and sell. Public companies are strictly managed and required by law to declare their full and true financial position so that investors can determine the true value of its stock (shares). Also known as a publicly managed company.
The term public company as defined under Section 2 (71) means an entity
(A) is not a private entity;
(B) has the minimum paid share capital as prescribed by law:
A public limited company is a company with limited liability characteristics and provides shares to the general public. Ordinary people can buy these shares through an initial public offer or by buying in the share market.
Limited liability partnerships are often referred to as LLPs in their abbreviated form. LLPs were introduced in 2000 by the Partnership Act 2000 to provide partnership with limited liability previously available only to companies. The formation of LLPs has become popular when ‘professional partnerships’ seek the benefit of protective responsibility. It is particularly suited to the fields of accountants, lawyers, architects, consultants, surveyors and other professionals, where partnership for a limited company is preferred. LLPs are favourable when the partners are clearly defined as members.
The concept of One Person Company in India was introduced by the Companies Act, 2013, which enables entrepreneurs to start a venture by allowing themselves to create an individual financial institution. The biggest advantage of a One Person Company (OPC) is that there can be only one member in the OPC Like a company, a one-person company is a separate legal entity from its promoter, providing limited liability protection to its sole shareholder, while at the same time maintaining the business and making it easier to incorporate.
Non-banking finance company
A non-banking finance company is a company registered under the companies act. A non-banking finance institution is a company and has principle business of receiving the deposits under any of the arrangement or the scheme in one lump-sum or in several instalments by the way of contributing. The NBFC cannot accept the demand deposits, NBFC do not form the part of the payment.
Nidhi is economical and secure way of raising the funds from the public. They can be registered as members and the fund can be raised from them. Nidhi company is also called as permanent funds, mutual benefit company. The Nidhi company cannot deal with any others who are not the member. The minimum capital requirements is five lacs. Also atleast seven members need to be the members so as to incorporate.
A form of business in which an individual owns all the assets of the business, as opposed to a partnership or corporation. A person who trades for himself is engaged in the operation of a sole proprietor. Most small businesses act as sole proprietors. Professionals, consultants and other service businesses that require a minimum amount of capital often work this way. A sole proprietorship is not a separate legal entity such as a partnership or corporation. Legal formalities are not required to create sole proprietorship other than the appropriate licensing to conduct business in the form of the company.
Partnership firm is basically two or more persons who agree to share the profit and loss join together to form a business. The owner of the firm is individually called as partners, and collectively called as firm. The partnership is formed with more capital for the investment and the borrowing capacity of the firm is boosted up. It is also easy to form. In a partnership firm they support each other.
HUF stands for Hindu Joint Family. It provides facilities to save taxes by creating a family unit and pooling assets to create a HUF. HUF is taxed separately from its members.. Buddhists, Jains and Sikhs can also form the HUF. HUF has its own PAN and files tax returns independently from its members.
Section 8 Company registration
Section 8 The Company is designated as Section 8 of the Companies Act, 2013, which entitles ‘Promotion of Commerce, Art, Science, Sports, Education, Research, Social Welfare, Religion, Charity, Environmental Protection or any other object’, Profits to promote only the Company’s goods, If any, or other income will be applied and no dividend will be paid to its members. Therefore, a Section 8 Company or a Section 25 Company is a company incorporated for voluntary or non-profit purposes under the Companies Act, 2013.
A Trust can be created by execution of trust deed: There are two types of Trust. A Public Trust is created for the benefit of general Public. Whereas a Private Trust is created for the benefit of a specific group of Individuals Known as beneficiary. The registration of a trust involves the registration of a trust deed. A Trust deed is a document in which the aims, objects and the modes of management of the trust are defined.
Minimum seven members are needed to get the registration under the act, Rules and regulations are needed to get registered from MOA and AOA. The memorandum must contain the name, area, address of the locations.
Attractive feature of the consultancy
The consultancy company provides hassle free process and free ROC consultation. It gives the best possible support to the customers and provide the services efficiently. The company has a friendly atmosphere where there are dedicated employees to assist throughout the process.