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  The First Step In Starting And Running A Business As An Entrepreneur Is To Determine The Company’s Structure And Begin The Company Registration Process. The first step in launching a new business is to register a company. The procedure by which a company is registered in the jurisdiction in which it operates is known as company registration. The nature of your firm, such as whether it will be owned by a single person or a group of individuals, will be the primary determinant. If you run a business that lacks an identity, there is a good chance that you, as the owner, will lose the unique name of your business to someone who has already registered their company. You will not be able to sue the person for this act legally. Company registration will help you avoid such situations and will also serve as proof of your company’s legitimacy. As a result, Company Registration is extremely important in the business world. Advantages of company registration COMPANY RECOGNITION : Your compa...

 Criteria and Procedure for opening LLP in India Minimum Criteria For LLP Registration Minimum of 2 partners Registered office in India At least one designated partner as an Indian resident in case of involvement of foreign nationals DPIN for all partners DSC for all Partners PROCESS TO BE FOLLOWED FOR LIMITED LIABILITY PARTNERSHIP REGISTRATION One needs to follow these steps to start an LLP in India. Appoint partners and designated partners Obtaining Digital Signature Certificate (DSC) Name Application process Prepare all legal documents Filing of documents  electronically File Incorporation with ROC Apply for DPIN Once the incorporation is received, Draft the LLP agreement Filing of LLP Agreement with ROC. Need to apply for PAN & TAN (Manually / online)

  Advantages of One Person Company Registration Advantages of One Person Company Registration One person company   was a recent introduction made by the Companies Act, 2013. An OPC company is defined as a company that has only one person as to its a member. Such companies usually have only one founder/promoter of the business. Take a look at the advantages of the various benefits that await you when you get your OPC registration done in INDIA: OPC being a separate legal entity gives the entrepreneur the freedom to work along with his ideas. Raising funds for an OPC is easy. A one-person company can  raise funds  through venture capital, financial institutions, angel investors, etc Setting up an OPC requires very few ROC filings Conducting Annual General Meeting and other compliances do not apply to One Person Companies OPC registration will give your business social recognition and a legal structure. Person Companies are easily manageable An individual can run his OP...

  LLP Registration for NRIs and Foreign Nationals NRIs and foreign nationals have invested in businesses in India through a private limited company. A Pvt Ltd Company allows 100% FDI (foreign direct investment). Although it is relatively cheaper to register a Pvt ltd firm, the compliance involved is an inhibiting factor. To allow NRIs and foreign nationals to freely invest in a business, the government has allowed 100% FDI (foreign direct investment). We will discuss the registration process of LLP for NRIs and foreign nationals LLP registration A limited liability partnership is a new form of business entity that was introduced in India through the Limited Liability Partnership Act, 2008. LLP registrations have gained popularity among small businesses looking for low registration costs and less compliance. Entry into India for NRIs and Foreign Nationals Incorporation of a company  – The incorporation of a private limited company is one of the main reasons NRIs and foreign nat...

WHAT IS A DOMESTIC COMPANY?   A domestic company is a company that conducts its business in its home country. A domestic business will be taxed differently. They are required to pay duties or fees on the products that are imported. It is easy for a domestic corporation to conduct business in other states or parts of the country where it has filed its articles of incorporation. While speaking of domestic trade, the buyer and the seller are from the same country. Their trade agreements are based on the specific laws, practices, and customs that are followed by the country from which they operate. A few advantages include: Transportation cost is much lower Encourages the establishment of small scale enterprises The transaction cost is lower The period between the production and sale of goods is lesser Advantage of tax benefits Protection of business strategies Easy availability of raw materials promotes the growth of an industry. Helps in the expansion of foreign trade ...

  Documents need to be arranged from foreign director/subscriber  PASSPORT and Voters ID (Similar to Resident Country) or Driving License (Apostiled and Notarized along with self attestation)  Bank Statement/ Telephone bill/ Mobile Bill/ Electricity bill as Address proof (Latest 0ne month bill) (Apostiled and Notarized along with self attestation)  Passport size photograph of Foreign Director  During of stay at present address of Foreign Director and place of birth and his Occupation  Educational Qualification of Foreign Director

THE APPOINTMENT OF A DIRECTOR IN A PRIVATE LIMITED COMPANY The functioning of a private limited company is mainly vested upon a  director . The director holds key responsibilities of maintaining and running the business. Obtaining the consent of the proposed director The consent of the proposed director is taken to act as the Director of a company. The company must obtain Form DIR 2 before proposing the director of the company  Obtaining  Digital Signature  of the Proposed Director A Digital Signature has to be obtained by the director from the Certifying Authority of India Obtaining Director Identification Number The company should apply for a  DIN  if in case the director does not have a DIN. The resolution is to be attached with FORM DIR 3 which is a new requirement for obtaining DIN. DIN is allotted to a director only once in his lifetime. The company should obtain all educational and KYC documents. It is to be noted that there is no minimum requirement...

Benefits of Registering a Private Limited Company in  India Benefits of Registering a Private Limited Company  The number of members/directors required is two  Separate legal entity  Limited Liability  Free and easy transferability of shares  Brand value  Continuity of existence  Scope of expansion  Foreign Direct Investment (FDI)  Funds can be obtained easily  The company is limited by shares  Capacity to sue and be sued

  Company directors  are people who take up the responsibility of managing the company. They are responsible to promote the success of the business and also benefit the shareholders. Director  -There is no such specific definition of a director in statute, but in general the term “director” defines as any person who is not a minor or a person who together with the other members forms a board of directors and are responsible for forming and managing the company. A  director  needs to be rationally diligent with the right kind of skill, knowledge and experience to be able to carry out important roles in the company. The law permits a  public limited company  to have at least 3 directors, a minimum of 2 directors in the case of a  private limited company  and a  one-person company  can have a minimum of 1 director. What are the types of Directors? There are many types of  directors . Here, we will discuss the different types of di...

  Minimum two directors and two Shareholders.  At Least one director has to be an Indian resident.  One person has to be nominated by the  Holding company  who represents the foreign company in the  Domestic Company  ( the same person can act as a foreign director)  Minimum of Authorized and Paid -up capital has to be invested. Documents required for the company registration process in India Documents need to be arranged from foreign director/subscriber  PASSPORT and Voters ID (Similar to Resident Country) or Driving License (Apostiled and Notarized along with self attestation)  Bank Statement/ Telephone bill/ Mobile Bill/ Electricity bill as Address proof (Latest 0ne month bill) (Apostiled and Notarized along with self attestation)  Passport size photograph of Foreign Director  During of stay at present address of Foreign Director and place of birth and his Occupation  Educational Qualification of Foreign Director https:/...

Private Limited Company Registration At Affordable Rates Aavana Corporate Solutions will also help in online private company registration. We specialize in company registration with a wide range of business entities like Private limited,   One-Person Company (OPC) ,   Limited Liability Partnership (LLP) ,   and   Public Limited Company.   What’s impressive is that we offer all these services are provided at cheaper rates without compromising on the quality. Contact Us Trust our dedicated professionals to get your  Pvt ltd registration  done on time.  Get in touch  with us today and get a  FREE  consultation! Count on us to handle all your  Accounting  and  Taxation  services as well

  The incorporation documents need to be self-attested in case of an Indian Director. The procedure for foreign nationals is mentioned below  If the documents are signed outside India, they need to be notarized by a public notary of the residence country.  If the documents are signed in India, a copy of visa and a stamped copy of the passport proving the applicants presence in India at the signing is required.  The incorporation documents need to be signed by the respective foreign entity in case the subscriber is a foreign entity. An authorized letter stating the name of the authorized person and the number of shares should be notarized.  On the approval of the incorporation application, the registrar issues a certificate with a Corporate Identification Number Why Choose Aavana? Are you running short of time to achieve your business requirements? Aavana is your one-stop-solution. With the perfect mix of experience and skill, we’re confident enough to render the...

  Limited Liability Partnership Registration (LLP India) Limited liability partnership  or LLP is a combination of both  partnership  and corporation. It has the feature of both these forms. As the name suggests partners have limited liability in the company which means that the personal assets of the partners are not used for paying off the debts of the company. Many entrepreneurs are opting for this business structure. Everyone is liable for their own acts. There are several partners in the firm and hence they are not liable or responsible for others' misconduct. All limited liability partnership is governed under the limited liability partnership act of 2008. However, in India LLP was introduced in April 2009. An LLP is a separate legal entity distinct from its owners. It can enter into a contract and acquire property in its name. LLP form is not just prevailing in India. It is also seen in countries like the United Kingdom, Australia, etc. Here’s How Aavana Will ...

  Private Limited Company (Pvt Ltd) Registration in India What Do You Get After Incorporation                 Basic Requirements For Private Limited Company Registration  A minimum of two  shareholders  and two  directors  Shareholders and directors can be the same person  Foreign nationals and NRIs can also be directors as well  All directors must have  DSC  (Digital Signature Certificate)  Maximum 3 directors are allowed in the form at the initial time of Incorporation Note*:  Once you receive the Incorporation, You can choose to have an addition and removal of directors at any point in time.  Minimum Paid-up and Authorized capital Paid-up capital:  The actual amount of shares that are issued by the company to its shareholders. The capacity to issue more shares depends on the authorized capital of the company. Authorized capital:  This is the maximum amount of shares the ...