Welcome to Filingpoint Best consultant for Retail Company Registration Expert +91 72999 72500 Filingpoint Retail Company Registration in Tiruppur is one of the best options for aspiring entrepreneurs looking to start a business in India. A retail business offers an array of profitable opportunities, including the potential to sell a wide variety of goods and services to a broad customer base. It's important to understand the legal requirements and business structure needed for a retail venture before getting started. The process of registering a business in Tirupur is typically completed within 14 working days, subject to the quick submission of all necessary paperwork and approval from regulatory officials. Once complete, the Registrar of Companies will issue the Certificate of Incorporation , showing the official creation of your business and giving it a unique company identity number. Incorporating a business in Tirupur can be an overwhelming process ...
How to Form a LLP Company in India
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LLP is the ideal business entity for start-ups looking at reducing their tax burdens. It provides the flexibility of a partnership firm and the benefits of a company, such as limited liability protection of the members. However, unlike a private limited company, an LLP is not eligible to raise funds from venture capitalists.
The LLP structure also allows for the transfer of shares without the need for dissolution of the LLP. Further, it is easier to relocate or operate across India as compared to a partnership firm which needs the approval of the Registrar of Firms to move locations. Additionally, if the number of partners in a partnership firm falls below 2, it must be dissolved, whereas with an LLP, a new partner can be found easily.
When registering an LLP, the identity proofs of all Designated Partners are required. These can be a Voter ID, Passport, Driving License or Aadhar Card. It is important that the name and other details as per address proof and PAN card are identical.
Moreover, an LLP requires a Declaration from the Partners and a Seal. The registrar will also require a declaration that all documents submitted are true. The registrar will then issue the Certificate of Incorporation. This is to ensure that the documents submitted are authentic. This is filed in Form 3. After this, an LLP Agreement must be drawn up which is to be signed by the Designated Partners.
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