When it comes to India, there are about 9 types of business entities that are prevalent. Registration of these business entities fall under the Rules set up by Companies Act 2013. The Private limited companies are considered to be the best forms of business entities and therefore, company registration in India happens mainly for private limited and public limited companies in the country.
There are the following types of Business entities in India:
The reason private limited company stands at the apex of the list because it is the most popular of the 9 business entities. Furthermore, it also has limited liability features that make it attractive to many aspirants who seek to get their own business started. Arvisaoffers registration services that extend from filing for company registration in India to gathering documents, applying for the name approval filing, applying for DSC and DIN, drafting MOA and AOA. The company registration services entail many and we provide it all.
For Registered Office
For Unregistered Partnership Firm
A Partnership deed is formed on a suitable non-judicial stamp paper duly signed by each member of the firm. The same is required to be notarized by the notary and from that date Partnership Firm deemed to be registered.
• Application for Registration in the prescribed Form – I.
• Duly filled Specimen of Affidavit.
• Certified copy of the Partnership deed on appropriate non-judicial stamp paper.
• Proof of ownership of the place of business or the rental/lease agreement thereof. Affix court fee stamp & payment of prescribed fee for registration by demand draft.
Digital Signature Certificate (DSC) as the name suggests it is a digital signature of an individual and it is required for filling the e-forms of company incorporation electronically to Ministry of Corporate Affairs.
The Director required to be above 18 years of age and must be a natural person. He may or may not be citizen or residence of India. We can say that even a foreign nationals can be Directors in Indian Private Limited Company.
The Unique Number is required to allot to an Individual which remains valid for whole life of the individual and is required to become director of any company.
Firstly we just need to find a unique name as prefix and promoters need to provide name of the proposed company along with significance of word. Secondly the name needs to include a word about the company business activity. Finally before selecting Names it will be advisable to check on Google, MCA Portal, MCA Guidelines and Trade Mark site the availability of Name.
MOA & AOA of the company defines all the rules and regulations and the working flow of company. It also defines everything about the company's objects, capital, identity, goals and working pattern. After the name of the company is select the Memorandum of Association and Articles of Association of the company is required to be drafted, the last page of the MOA and AOA is known as subscriber sheet which need to be filled in by the promoters in their own hand writing including their personal details and shareholding ratio.
The director has been entrusted with the responsibility of managing the company in the best efficient manner. The responsibility of a director depends upon the kind of directorship he holds in the company. For instance, an executive director or a managing director has greater responsibility than a non-executive director who might hold the directorship as an expert or consultant. A director is liable for misconduct or fraud or if found guilty of default.