Advantages Of New Company Registration With Company Act India

By Author: siddharth gautam
Total Articles: 374
Comment this article

Maybe, you will have a plan to begin a new business! Perhaps, you are also thinking for commencing your business in India! If your keenness and ability allows you to start your business, it is of course a good decision. A properly established business remains for long time and brings just profits to you. New company registration should be taken while planning for new business founding anywhere in India. A legal authorization or powers, one can take after registration of company.In India, company law is very strict and inform individual to follow entire rules and regulations and legal procedure of company law before getting new company registration to start your dream business. It is a part of law and legal, relates to companies and industries, which comprises corporations and partnerships, whether it is public and private limited business. Whether, you are looking to invest money, have limited liability, any losses in business, all are regulated under corporate law.After registered under corporate law, your business receives ample of benefits as a limited ...
... company :

Limited Liability
Legal Entity/Recognition
Continuous Succession
Project Cost and Risk Factors
Easy Transferability
Dual Association
Scrounging Capacity
Taxation
Increasing Money from Public

If your dream is to start business in India, it is necessary to pay your attention to few required legal steps of company registration. Basically you should to see company registrar office for thoroughly conducted all activities like name availability search, application filing etc. It is indispensable to join name search campaign to make sure about uniqueness of company name. For company registration india, after name availability search and filing application, which goes to examination and publications before readying to final stage of company registration.Few benefits of company registration india :

Corporate Status
Shareholder’s Limited Liability
Director’s Limited Liability
Get Priority from Financial Institution
Legal Status to Company
Exclusive rights to use of company name
Pride of being honest entrepreneurs as shareholders
Using corporate identity to enter into the competitive business

Whether you want to establish company registration or company formation, you should to go with company act to get complete legal rights for your limited business. Each legal activities of company are carried and controlled under company act 1956, which is also managed by Government of India by their well established governing body as Ministry of Corporate Affairs. When someone plans for business registration, entire procedure is made by Registrar of Companies and company law board, holds company incorporation and direction of existing business. Corporation act relates entirely for India.Perhaps, you have a vision to launch a new company or extend a limited company anywhere in India. Company formation is a step to begin your business in the nation. Regulated under company act and corporate law, company formation india is chiefly designed to allow individual to seek a legal right to start a fresh business. Same as company registration, company formation also follow similar steps such as company name search, application filing etc.Steps of company formation :

Obtain Digital Signature
Apply for Director Identification Number (DIN)
Apply for Name approval of the company
Apply for Incorporation of the company
Approved Memorandum and Articles and the Incorporation Certificate
Apply for a Commencement Certificate