India Startup Company registration– Bangalore
Companies in India is registered based on the rules and regulations followed by the Companies act of 2013. Safety protection of the company’s business activities for the present and future is the ultimate aim of business registration. Corproots in Bangalore offers business services which meet all the requirements. Let us see the Ideas about startup companies in India
Every day of the business people give rise to many ideas that can set to the future market. Field of business does not matters for the business registration. The tasks followed in the company registration cross through few stages from the legal aspect. Company name or any other mark have to be trademarked within the business registration procedure in India. The number of members involved in the company should meet the criteria based on the type of legal form. Majority of the people in India prefer the Private limited company registration process than the other forms.
A PVT LTD Company is registered in India based on the companies Act of 2013, were the partners or directors should be minimum of two. Company rules and the member role in the business have to be explained detail in the Memorandum of Association and also in the Articles of Association. For the company registration the share capital investment details, director meetings, management etc is also mentioned in the MOA and AOA.
Private limited companies are the common legal form getting registered in India by the Small, medium and large scale business. If you wish to start a private limited firm and then you can easily setup registration process. Advantages of this form of registration made the people to choose this legal form compared other types. Let us see the benefits of PVT LTD Company
Benefits of Private limited company registration:
- Your company can act as a separate entity
Under the Companies Act, company become a legal entity acquiring the wide legal capacity and also incure debts. It is important to notice that the members of the company have no liability for the creditors in the company.
- No interruption for the existence
Every company will have continuous succession with the members until the company is legally dissolved. As we said the company formed is acting as a separate legal entity is unaffected by any death reason of the members.
- Lend capacity is good
For this form of company registration the requirement of borrowing funds is better than other types.
- Transferability is simple
- Limited liability is another added benefit