Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm | |
Act | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | No |
Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
Number of Director/Partner | 2 – 15 | Only 1 | 2 – Unlimited | 2 – Unlimited | Only 1 |
Separate Legal Entity | Yes | Yes | Yes | No | No |
Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
Statutory Audit | Mandatory | Mandatory | Dependent | Not mandatory | Not mandatory |
Ownership Transfer ability | Yes | No | Yes | No | No |
Uninterrupted Existence | Yes | Yes | Yes | No | No |
Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
Tax Rates | Moderate | Moderate | High | High | Low |
Statutory Compliance | High | Moderate | Moderate | Less | Less |
Overview of Online Company Registration in India
Company registration is an important process for a proprietor to build a business. There are different types of Companies in India, so businessmen need to select the right type of company for their business. Companies in India are controlled under the Ministry of Corporate affairs. Registering a company is effortless through Online Legal India, as it is processed completely online. At least two members are needed to proceed as directors and shareholders. To register a company one needs the Director’s PAN card, address proof, and the bank account details with address proof of the registered office.
Company Incorporation
Company incorporation is the lawful process to set up a legal organization or company. A corporation is an emerging lawful entity that is resulted from the detachment of the company’s assets and earnings from its owners and investors.
We provide quick and inexpensive company registration through a 100% online procedure. Our services are trustworthy as thousands of companies in India have been registered through us.
Documents required to get the Company registered
Passport Size Photograph
The individual has to provide 3 copies of their passport size photo for the application forms
PAN Card
PAN Card of the Directors of the Company will be needed for Company Registration.
Copy of Electricity Bill
The person needs to provide the electricity bill not more than 3 months old.
Copy of Aadhaar Card
The individual needs to provide the proof of identity with a photo attached to it.
Address Proof
The address proof should have the name of the Director along with his current address and should match with the PAN card.
No Objection Certificate
They need to furnish the NOC from the local concerned authorities.
Why consider Online Legal India to register your company ?
- We are a Government of India recognized company.
- We are ISO certified.
- We provide super-fast service.
- We render more affordable services than other professionals.
- Quick Response Team
- We provide services at the proper time.
- We have professional and trained experts.
- We provide services to one lakh customers who are satisfied with the service.
- We save and keep the data of our customers secure and customers can trust our security.
Types of Company Registrations
NGO Registration
NGO is registered under Societies Registration Act, 1860 or the Indian Trusts Act, 1882. One of the key factors here is the NGO has to have a proposed office address.
Public Limited Company
Public company registration refers to the process of registering a company Under Sec 25, subsection 1(a) of the company registration Act 1956. In this process, there must be at least Seven stakeholders.
One Person Company
In this the ownership of the company is only limited to one person, One person Company registration also comes under the Companies Act 1956.
Nidhi Company Registration
Company.-Nidhi company registration refers to the process of registering a company under section 406 of the Companies Act 2013. One of the major factors here is minimum equity share must be of Five lac Rupees.
Private Limited Company
Private company registration refers to the process of registering a company Under Sec 25, subsection 1(a) of the company registration Act 1956. In this process, there must be at least two members who will be registering the company, they may be the owner or the representative on behalf of the company.
Limited Liability Partnership
Limited Liability Partnership registration refers to the registration of a partnership firm under the Limited Liability Partnership Act 2008. The major point in LLP is every partner have limited liability but not several.
Business Registration License
Government agencies provide business licence registrations that allow a business entity to operate within the government’s jurisdiction. Many factors influence business licence authorizations, including the kind of business ownership, the number of employees, and the location of the business, among others.