Understand the Jurisdictions Setup Requirement Before Proceed Your India Company Formation
India is a fascinating country for many reasons. Other than the diverse culture, the country is a favourable destination for investors in various sectors. Agriculture, technology, renewable energy, and manufacturing are but a few of the industries that foreign investors show a lot of interest in. Though others such as real estate, tourism and hotel, and catering are also very rife for investment. If you are an investor looking for India company formation services, then you have landed on the right page. We are experts in business incorporation services, and we will help you from the first to the last step until your company is fully incorporated and ready to transact.
Types of Legal Entity in India
If you are investing in India, then you will need an appropriate business driver. There are several legal entities you can consider as your investment vehicle in India. If you are not sure about what type of India company formation to go for, we can always help you figure out the right vehicle for you. We will listen to your business needs and goals, and advice you on the most appropriate type of business you should go for. With that said, here is a look at some of the various types of business entities you can register in India-:
Private Limited Company in India
Starting a private limited company in India is one of the most suitable ways to get your investment going in the country. It is also one of the most preferred business entities by
foreigners, owing to its benefits and flexibilities. Get in touch with us for more precise information and the specific steps necessary for this type of Indian company formation.
A Sole Proprietorship in India
A sole trader in India is also known as an individual entrepreneur. It is the most basic form of business entity in India. It is usually registered by a single businessman who often carries out all the operations of the business on their own. As a sole trader, you will enjoy all the profits of the company, and you will also be liable for all the losses made by the business.
Indian One Person Company
A One Person Company in India is a hybrid legal entity which brings together some features of a sole trader and those of a limited liability company. You may consider it as a form of a sole proprietorship, but where the owner has more right and obligations. For example, with this entity, the laws allow the founder to appoint a director just like any other establishment with a corporate identity.
The other types of legal entities you may register in India include-:
- Public Limited Company
- Unlimited Company
- Limited Liability Partnership
- Partnerships
- Representative/Liaison Office
- Branch Office
- Project Office
- Joint Venture Company
- Subsidiary Company
- The procedure for registering a company in India
The process of India company formation follows the same steps as defined under the legislation for commercial companies. It begins with seeking registration with the Registrar of Companies. You will be given the specific procedure to follow based on the type of business entity you are interested in registering.
At 3E Accounting, we can take up the entire company registration process on your behalf. In so doing, you will not worried about the detailed procedures and processes. We are experts at business formation in India, and we will accord all the help you need to have a successfully registered company. Contact us and see how useful our services will be for your incorporation in India.