Company Registration in Coimbatore-India
There are many business getting started all over in several categories to attain a good position. Every business is formed under a specific legal form based on the nature of business, number of persons involved in it and so on. Likewise the basic thing regarding the business registration is essential to be evaluate before doing the process. There is slight difference in some of the legal forms in their benefits towards the business.
Most of the small scale and medium scale business are preferred for the Partnership based business. Even an individual can a start a business along with benefit on decision making and so on beside that liabilities are more for them. Thus every legal form is equivalently examined and among them choose for the best is selected.
The Company registration in India is as follows:
- Private limited company registration
- Public limited company registration
- Limited Liability Company Registration
- Sole proprietorship Company registration
By comparing the few features about the above legal forms you may get an idea. Let us see from the business registration type Private Limited Company Registration:
The private limited company registration type is used by most of the business entities because of its benefit of scalable operations and limited liabilities. The partners or investors are allowed for such a legal form provided can act as separate legal form.
Basic requirements for registering your company as private limited is Identity proof and address proof:
Identity proof:
- Memorandum of Association (MOA)
- PAN card of the company
Address proof:
- Telephone bill of the company
- Electricity bill of the company
- Rental agreement
LLP or Partnership Company Registration
LLP (Limited Liability Partnership) Company is also considered as the private limited company. From the title itself the liabilities of the company is clear that it is limited. Moreover there are investors or partners who shares their capital for the company. Among the other legal form partnership companies are more transferable.
Here the requirements of Identity and address proofs are as follows:
Identity proof:
- Company incorporation certificate
- Partnership deed
- PAN card of the company
Address proof:
- Telephone bill of company or Partner
- Electricity bill of company or Partner
- License agreement
Individual or Sole proprietorship
In such sole proprietorship based companies a single person will be responsible for the business activities carrying out there. No role for investors or partners in this business legal form with unlimited liabilities. The difficulty of obtaining bank loans etc. is limited so that they are less scalable for operations.
Requirements for the this registration is PAN or Voter ID card for identity proof and Telephone or electricity bill can be used for the Address proof
