How startup business can apply for firm Registration: Here are the ways

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From Legalpillers

How startup business can apply for firm Registration: Here are the ways Firm registration in India is very great when we think of starting a business in India. In today’s era, we have the ease of registering our business online. Online business registration involves less cost, less time, and effort and we don’t have to attend a consultant’s office every time as nowadays we can get these services online at a inexpensive price.

For business registration in India, we first have to ch0oose the kind of business structure we want to decide among various kinds of business structures available in India.

File GST Registration 299Rs ->>

How startups can go for firm registration?

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From Legalpillers Firm Registration: This structure is commonly becoming when your business is small and there is only one owner. It is the one that requires the least cost and has really little compliance. The online firm registration procedure in India:  

Open a current bank account For starting a current bank account, we can either opt for MSME registration or have GST registration.

Partnership Firm Registration: This building is most proper when there are two more persons come together to form a business as partners and share the profits thereof in an agreed ratio. It is simple to form and has fewer compliances as contrasted to a company. The online firm registration process in India:     

Form a partnership deed on stamp paper with notarized Get PAN and TAN Open a current bank account For opening a current bank account, we can either go for MSME registration or have GST registration. As per the Partnership Act, 1932 registration of partnership firms is voluntary and is solely depends on partners whether they need to register a partnership firm or not.

Company Registration Process in India

Company Private Company Registration Process in India: As per Companies Act, 2013 privatelimited company must be registered with the Ministry of Corporate Affairs. There must be at least 2 members who can also act as directors of the company. The private limited company registration process in India is as follows:      

Apply for DSC Appeal for DIN in the form DIR-3 Register for the company name in India via e-form RUN Filing forms SPICe+ form, e-MOA(INC-33) and e-AOA(INC-34) with MCA along with the needed documents Issuance of Certificate of Incorporation Open a current bank account

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From Legalpillers One Person Company Registration Process in India: As per Companies Act, 2013 One Person Company must be listed with the Ministry of Corporate Affairs. There are only 1 director and member. The online company registration process in India is as follows:    

OPCs are different from the others. That is it needs only ‘One person’. Citizens and Residents of India are applicable to incorporate an OPC in India. One nominee person is also needed in One Person Company The nominee shall not engage in the shareholding of the company.

Limited Liability Partnership (LLP) Registration Process: LLP is also the business structure in India which is established under the Companies act 2013. It has the advantages of both partnership firms and companies into a single form of business. The online firm registration method in India for LLP is as follows:      

Apply for DSC Apply for DIN in the form DIR-3 Register for the company name in India via e-form LLP-RUN Incorporation Application in the form FiLLip File LLP Agreement in form 3 Open a current bank account

Categories for firm Registration in India As the head office of our very prestigious law firm is well-based in Delhi, people and businesses located in Delhi and other cities of the NCR of India have been the most served by our firm so far. Forming a large number, these people and companies have built their respective companies or subsidiaries for doing business in nearly all economic fields. The majority of these entrepreneurs, professionals, and holding companies enrolled their companies for setting up firm/businesses in the following economic fields: Online company registration fields :          

Agricultural Aluminum Architecture Automobile Biotechnology BPO Cement Clothing or Garment Digital Marketing Electronics

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From Legalpillers             

Entertainment Electronics Film Production Healthcare Iron and Steel Manufacturing Pharmaceutical Plastic Real Estate Retail Software Travel Transport & Logistics

Tips before doing firm registration 

The start-up must be listed as a Private Company, LLP, or Partnership Firm. To be eligible under this scheme, a start-up must be included :

1. Private Limited Company made under the Indian Companies Act, 2013 2. A Limited Liability Partnership (LLP) registered under Indian Limited Liability Partnership Act, 2008 3. Registration of partnership firm enrolled under the Indian Partnership Act, 1932.

The start-up must not be formed out of breaking or reconstructing of a subsisting business. A business made out of splitting an organization into two or more businesses, won’t be available. A firm name must not include any of the following words, namely :

1. 2. 3. 4. 5. 6.

Crown, Emperor Empress Empire King Queen Royal

Words expressing or implying the sanction, approval or patronage of Government but when the State Government implies its approval to the use of words as part of the firm name by order in writing. India or National words can be applied according to India Government guidance issued from time to time. Checklist for partnership firm registration 

A Charted Accountant must be a witness. The nature of business must be stated in brief along with the names of the firm.

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From Legalpillers        

The signature of the partners must be given in full. Certified copy of Registered Deed of Partnership in original must be included along with Form No.1 that will be returned after verification. If the Firm Claims that its office is located on the property, owned by it, the Dag No., Patta No., and proof of its ownership of the land must be provided. If the office is a rented building an affidavit from the house owner with proof of his ownership fo the house must be given. Passport size photograph of all the partners engaged by self to be furnished. Trade License received from the Municipal Corporation, Municipal Board, Town Committee, or Gaon Panchayat. If any partner is a value for Sales Tax or Income Tax as a person or he is a partner of any existing firm, that is an estimate for Sales Tax or Income Tax. The Registration number with the naming of the unit of the Sales Tax Office and Permanent Account Number (PAN) or General Index Register Number (GIR Number) in respect of the income must be declared. Attested Photocopies of the up-to-date Sales Tax clearance document and Income Tax clearance certificate must be included.

Why get business legal Services? If you are willing to have firm registration online than legal service can benefit you by simplifying your online procedures. As some documents that are not possible to understand. Ca services can help you a lot like 1. 2. 3. 4.

Preparation of partnership deed. Registration of partnership deed. Consent with taxation & consent happens in registering the firm. Other compliance after the formation of Firm, as required under tax laws in India.

Conclusion If you feel that there should be CA near me to help me in giving all the CA services. Income tax consultant is here with the expert team of professionals who can help firm registration online and company incorporation. Log into to get the bestbudgeted services to online. Connect us at 9625279785 or 9267941961 or you may reach us at info@legalpillers.com also. Related BlogTYPES OF COMPANY REGISTRATION IN INDIA FOR STARTUPS BENEFITS OF COMPANY REGISTRATION Benefits Registering a Business of in India?

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From Legalpillers

Source-https://onlinecompanyregistrationprocess.blogspot.com/2020/06/how-startupbusiness-can-apply-for-firm.html

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