{"id":847,"date":"2016-09-15T10:39:52","date_gmt":"2016-09-15T10:39:52","guid":{"rendered":"http:\/\/www.solubilis.in\/blog\/?p=847"},"modified":"2021-10-06T05:38:42","modified_gmt":"2021-10-06T05:38:42","slug":"company-registration-types-india","status":"publish","type":"post","link":"https:\/\/www.solubilis.in\/blog\/company-registration-types-india\/","title":{"rendered":"Company registration types in India"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Company registration<\/strong> is the process of getting legal authorization to conduct business within your preferred zones. It is a legal obligation of most regions and checks that a company is operating under the lawful duties of its points. There are number of rules and regulations that must be completed initial stages of the <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\">company registration<\/a> period. The <em>company registration<\/em> types are given below.<\/p>\n<p style=\"text-align: justify;\">The first important period of <em>new company registration<\/em> is deciding upon which place to start your business. It is also noticed that the advantages and disadvantages of setting up business within that zone. Once the district has been chosen, the process of <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\">company registration<\/a> and licensing can then start.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-849\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/09\/Company-Registration-in-Chennai.jpg\" alt=\"Company Registration in Chennai \" width=\"372\" height=\"223\" \/><\/p>\n<p style=\"text-align: justify;\">It is important to submit a different type of documents for <strong>company registration<\/strong> process. It contains certifications and professional references. The complete outline of the company structures. In addition, the <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\">company <\/a>must submit a preferred company name that follows with the legal requirement regions. It will be evaluated by the registrar officer of that zones.<\/p>\n<p style=\"text-align: justify;\">Companies are also &#8220;<strong>assessees<\/strong>&#8220;, like individual and partners, under the Indian Income Tax Act, 1961. As such companies are liable to Income-tax. The section 2(17) of the Income Tax Act 1961, enacts a wide meaning of the name &#8220;<strong>company<\/strong>&#8220;, that what has been enacted under the act 1956.<\/p>\n<p style=\"text-align: justify;\"><strong>Company registration<\/strong> is very important as it set up the business as a legal entity. Without <span style=\"text-decoration: underline;\">company registration<\/span>, your business cannot be legally considered. It will not be secured under any complaints of your business procedures. So, <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\">company registration<\/a> is an important factor in <em>Chennai<\/em>.<\/p>\n<h2 style=\"text-align: justify;\">Company registration types<\/h2>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-447 size-full\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2015\/10\/Incorporation-of-company.jpg\" alt=\"Company registration types in India \" width=\"300\" height=\"288\" \/><\/p>\n<p style=\"text-align: justify;\">Today, everyone wants to start their <em>new company<\/em> for their own. But they are all not to register their <strong>company<\/strong>. If they are not registered their company, they don&#8217;t have the advantages of business entities. It is important to register your <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\">new company registration <\/a>with your preferred regions. If you want to run your company for many years. It is essential for your<strong> new company registration.<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>The following are the different types of company registration.<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: justify;\"><em>Partnership Firm <\/em><\/li>\n<li style=\"text-align: justify;\"><em>Sole Proprietorship<\/em><\/li>\n<li style=\"text-align: justify;\"><em>Public Limited Company <\/em><\/li>\n<li style=\"text-align: justify;\"><em>Limited Liability Partnership(LLP) <\/em><\/li>\n<li style=\"text-align: justify;\"><em>Section 8 Company<\/em><\/li>\n<li style=\"text-align: justify;\"><em>One Person Company(OPC) <\/em><\/li>\n<li style=\"text-align: justify;\"><em>Private Limited Company <\/em><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Private Limited Company :<\/strong><\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-792\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/07\/privatelimitedcompanyregistrationchennai.jpg\" alt=\"Private Limited Company Registration in Chennai\" width=\"400\" height=\"300\" \/><\/p>\n<p style=\"text-align: justify;\">The <em>private limited company<\/em> is the most important business entities in India. In this business, every shareholder is liable for his share of the total capital. The<a href=\"http:\/\/www.solubilis.in\/private-limited-company-registration-chennai.php\"> private limited company<\/a> is to maintain their board meetings, records of financial transactions and annual reports.<\/p>\n<p style=\"text-align: justify;\"><strong>Private Limited Company can be of three kinds:<\/strong><\/p>\n<p style=\"text-align: justify;\">(a)\u00a0<em>Company limited by shares<\/em> \u2013 A company in which the liability of its members to subscribe its assets is limited to the amount. If any shares are unpaid is called as &#8221; a company limited by shares &#8220;.<\/p>\n<p style=\"text-align: justify;\">(b) <em>Company limited by guarantee<\/em> \u2013 When the liability of its members is limited by the memorandum to such amount. The company members may individually managed by the memorandum to provide its assets in the occurrence of its being wound up. This company may or may not have a share capital.<\/p>\n<p style=\"text-align: justify;\">(c) <em>Unlimited company<\/em> \u2013 A company not having any extent on the liability of its members is named as an unlimited company.<\/p>\n<h3 style=\"text-align: justify;\"><strong>Public Limited Company :<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-829 size-full\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/08\/publiclimitedcompany.jpg\" alt=\"public limited company registration in chennai\" width=\"400\" height=\"300\" \/><\/p>\n<p style=\"text-align: justify;\">A <strong>public company means<\/strong> a company which is not a private company. The<em> public limited company registration<\/em> has the following procedures :<\/p>\n<ol style=\"text-align: justify;\">\n<li>The company must have 7 shareholders.<\/li>\n<li>The company is required atleast 3 directors.<\/li>\n<li>There is no restriction for shares in a public limited company.<\/li>\n<li>Before to start a business, a public company must get a certificate from the (ROC).<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><strong>Partnership Registration<\/strong><\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-340 size-full\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2015\/09\/What-is-joint-venture-and-partnership.jpg\" alt=\"Partnership Firm Registration in Chennai\" width=\"400\" height=\"266\" srcset=\"https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2015\/09\/What-is-joint-venture-and-partnership.jpg 400w, https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2015\/09\/What-is-joint-venture-and-partnership-300x200.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/p>\n<p style=\"text-align: justify;\">According to section 4 of the <strong>partnership<\/strong> Act 1932 partnership is, The relationship between the persons who have agreed to share. The profit of a business handled on by all or any of them acting for all. At least 2 persons are required for<a href=\"http:\/\/www.solubilis.in\/partnership-firm-registration-chennai.php\"> partnership registration<\/a>.<\/p>\n<p style=\"text-align: justify;\">Hence, Partnership is a relation which subsists between persons :<\/p>\n<ol style=\"text-align: justify;\">\n<li>Carrying on of a business.<\/li>\n<li>In common with a motive of profits.<\/li>\n<\/ol>\n<p style=\"text-align: justify;\">The persons who have commenced into <a href=\"http:\/\/www.solubilis.in\/partnership-firm-registration-chennai.php\">partnership <\/a>with one another are called individually &#8220;<strong>Partners<\/strong>&#8221; and collectively &#8220;a <strong>firm<\/strong>&#8220;. The name under which their business is moved on is called the &#8220;<strong>Firm name<\/strong>&#8220;.<\/p>\n<h4 style=\"text-align: justify;\"><strong>One Person Company<\/strong><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-848\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/09\/opcregistrationinchennai.jpg\" alt=\"One Person Company Registration in Chennai\" width=\"350\" height=\"200\" \/><\/p>\n<p style=\"text-align: justify;\">The concept of<strong> One Person Company (OPC)<\/strong> is new in India. It is really a successful form of business in India. The member of a <a href=\"http:\/\/www.solubilis.in\/oneperson-company-registration-in-chennai.php\">One Person Company <\/a><strong>(OPC)<\/strong> is only one. Only a person who is resident of an Indian is eligible to incorporate an <strong>OPC<\/strong>. The minimum paid capital of shares is RS.1 Lakh. . An <strong>OPC<\/strong> is doing well in <em>Chennai, Bangalore, Kochi, etc.,<\/em><\/p>\n<p style=\"text-align: justify;\">An <strong>OPC<\/strong> has certain exemptions and privileges. It is not available to private companies. One individual can incorporate a<a href=\"http:\/\/www.solubilis.in\/private-limited-company-registration-chennai.php\"> private limited company<\/a> in the India with MCA. The law requires a <strong>company<\/strong> to have a minimum of one director and one shareholder. But a sole person can fill both of these positions. This is very beneficial to many people who run small businesses. It can prefer to work alone or do not require a business partner.<\/p>\n<p style=\"text-align: justify;\"><strong>Limited Liability Partnership (LLP)<\/strong><\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-837\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/09\/LLP.jpg\" alt=\"LLP\" width=\"386\" height=\"257\" srcset=\"https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/09\/LLP.jpg 849w, https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/09\/LLP-500x333.jpg 500w\" sizes=\"auto, (max-width: 386px) 100vw, 386px\" \/><\/p>\n<p style=\"text-align: justify;\">The <strong>Limited Liability Partnership (LLP)<\/strong> Act has introduced a new corporate business structure called &#8221; <strong>Limited Liability Partnership<\/strong>&#8221; of &#8220;<a href=\"http:\/\/www.solubilis.in\/chennai\/llp-registration-chennai.php\">LLP<\/a>&#8220;.\u00a0 An <em>LLP<\/em> contains two long-standing forms of business organization. Namely the &#8220;<strong>Company<\/strong>&#8221; and the &#8221; <strong>Partnership firm<\/strong>&#8220;.<\/p>\n<p style=\"text-align: justify;\">Every <strong>LLP<\/strong> have minimum two partners. There is no limitation on the maximum number of partners that an <a href=\"http:\/\/www.solubilis.in\/chennai\/llp-registration-chennai.php\">LLP <\/a>can have. Every Limited Liability Partnership <a href=\"http:\/\/www.solubilis.in\/chennai\/llp-registration-chennai.php\">(LLP) <\/a>shall have the words &#8221; <strong>Limited Liability Partnership<\/strong>&#8221; or the acronym &#8220;<strong>LLP<\/strong>&#8221; as the last words of its name. The foreign companies and foreign <a href=\"http:\/\/www.solubilis.in\/chennai\/llp-registration-chennai.php\">LLPs <\/a>can become partners in LLPs in India. Any one whose an individual or body corporate may be a partner in <strong>LLP<\/strong>.<\/p>\n<h4 style=\"text-align: justify;\"><strong>Company Registration office in Tamilnadu<\/strong><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-825\" src=\"http:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/08\/companyregistrationinchennai.jpg\" alt=\"Private Limited Company\" width=\"437\" height=\"245\" srcset=\"https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/08\/companyregistrationinchennai.jpg 620w, https:\/\/www.solubilis.in\/blog\/wp-content\/uploads\/2016\/08\/companyregistrationinchennai-500x280.jpg 500w\" sizes=\"auto, (max-width: 437px) 100vw, 437px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">The <em>company registration<\/em> office<span class=\"st\"> Registrars of Companies<\/span> (ROC) in Tamilnadu. Only two cities have <span class=\"st\">Registrars of Companies<\/span> ROC in Tamilnadu, they are <a href=\"http:\/\/www.solubilis.in\/company-registration-chennai.php\">Chennai <\/a>and Coimbatore. Both the<em> company registration address Chennai and Coimbatore<\/em> is given below.<\/p>\n<p style=\"text-align: justify;\"><strong>(a) Chennai<\/strong><\/p>\n<p style=\"text-align: justify;\"><em>Registrar Of Companies (ROC Chennai)<\/em><br \/>\nShastri Bhawan 26,<br \/>\nHaddows Road,<br \/>\nChennai \u2013 600034<br \/>\nPhone: 044-28270071<br \/>\nroc.chennai@mca.gov.in<\/p>\n<p style=\"text-align: justify;\"><strong>(b) Coimbatore<\/strong><br \/>\n<em>\u00a0Registrar Of Companies (ROC Coimbatore)<\/em><br \/>\n683, Trichy Road, Singanallur, Stock Exchange Building,<br \/>\nCoimbatore \u2013 641 005<br \/>\nPhone: (0422) \u2013 2318170, 2319640<br \/>\nroc.coimbatore@mca.gov.in<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company registration is the process of getting legal authorization to conduct business within your preferred zones. It is a legal obligation of most regions and checks that a company is operating under the lawful duties of its points. There are number of rules and regulations that must be completed initial stages of the company registration period. The company registration types [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[7,13,128,30,22,125,126],"class_list":["post-847","post","type-post","status-publish","format-standard","hentry","category-company-registration","tag-company-registration-in-chennai","tag-llp-registration-in-chennai","tag-new-company-registration-in-chennai","tag-one-person-company-registration-in-chennai","tag-partnership-firm-registration-in-chennai","tag-private-limited-company-registration-in-chennai","tag-public-limited-company-registration-in-chennai"],"_links":{"self":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/comments?post=847"}],"version-history":[{"count":1,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/847\/revisions"}],"predecessor-version":[{"id":850,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/847\/revisions\/850"}],"wp:attachment":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/media?parent=847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/categories?post=847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/tags?post=847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}