Company Registration Consultants in India
When most people think of company registration in India, they think of complicated paperwork and long procedures. In fact, India ranks 63rd out of 192 countries in the World Bank's annual ranking of the ease of doing business. Hence, the importance of hiring a competent subject matter expert is essential. These professionals should be fully conversant with the legal aspects of the Companies Act, 2013.
The first step in registering a company is to choose a company name. It is imperative to choose a name that has not been registered by another firm. In some cases, special approval is required for certain words in the company name. After the name is approved, company registration should take place within 20 days. Once the name is registered, it becomes a permanent reservation with the ROC.
In India, a company is an alliance of people that form a legal entity. The owners of the company are not the same as the people who control it. The owners' personal assets are protected by the limited liability feature of the business. This feature of a company also makes it easier to obtain bank loans.
If you are interested in registering a non-profit organization, a company registration consultant in India is a crucial asset. These experts provide a wide range of services that will ensure your new company is legally registered. These services include limited liability partnerships, foreign subsidiaries, and more.
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