There are number of companies registering Coimbatore day to day but these companies not getting proper advice to maintain accounts and taxation. There are different suitable types of company registration in Coimbatore with roc according to the needs of promoters. If it is two partners join together to run a business with minimum capital and privately hold shares can register private limited company.
If the partnership business is a closely family business or running a small turnover then they can register a partnership company which reduce annual compliance charges comparatively. And if the company is running single individual and need limit their liability then one person company is suitable to such kind of business ownership.
Some of the Suitable Types of Company Registration
Private limited company
It is a common registration in India. Now a days all the companies are legalized which can register as limited liability company. Previously companies are registering as partnership and sole proprietor ship but there is no recognition for such kind of entity. Hence we suggest our clients to choose private limited company which helps different ways such as legal recognition, brand promotion, customers trust, private funding and getting loan from bank etc…
One person company registration.
OPC also newly introduced by the new companies act. If you are a sole individual would like to start a company in India can choose OPC company. But if your turn over reach to two crores in a year it will automatically convert in to private limited company. Hence these type of company can choose by small business turn over companies.
LLP company registration
LLP companies are newly enacted by parliament to register a small scale or family oriented company. You can choose LLP company if your turn over is less and it is closely hold company. LLP is a cheapest company to format and run the business. Also the compliance expenses is comparatively cheaper comparing with a limited company. Also you can enjoy partnership company benefits.
