How can I register my organization in India?

How much does it cost to register a company in India?

The cost of registration of a sole proprietor company is nearly Rs 2,500 while that of a partnership firm is nearly Rs 5,000. If you incorporate a private (LLP or LLC) company with a minimum authorised capital of Rs 1,00,000, the registration will cost you Rs 7,000.

Do I need to register my small business in India?

Is it mandatory to register a company before starting a business in India? The answer is no! Registering a company is not the only way to start a business in India. … The simplest way to start your own business is to acquire any tax license, like service tax registration.

How do I register a company in India in 2020?

Process of Registering a Company in India

  1. Step 1: Reserve Company Name. …
  2. Step 2: Apply for Class ii Digital Signature. …
  3. Step 3: Drafting Incorporation Documents. …
  4. Step 4: Applying for Incorporation. …
  5. Step 5: Getting Certificate Of Registration.

How can I register my business name for free in India?

There is no direct procedure to claim the free company registration. You just need to hire a professional for company registration service and he will guide you accordingly.

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Which is better LLP or Pvt Ltd company?

LLP is a preferable form of organization as it provides benefits of both the private limited and partnership firm. Llp is a legal entity separated from its partners.

Difference Between Private Limited Company & LLP – Analysis.

BASIS COMPANY LLP
Statutory audit Mandatory Not required unless partners contribution exceeds 25 lakhs and annual turnover exceeds 40 lakhs.

Can we run a company without registration?

To operate a business without registration you need a current account. Now to open the current account, the bank will ask you for any government registration. The government registration can be MSME registration, Shop & establishment registration or GST registration.

Who is eligible for startup India?

Eligibility for Startup India

Is a private limited company or registered as a partnership firm or a limited liability partnership. Has an annual turnover not exceeding Rs. 100 crore for any of the financial years since incorporation/registration.

What are the documents required for new company registration?

Documents Required for Company Registration

  • Passport.
  • Election Card or Voter Identity Card.
  • Ration Card.
  • Driving License.
  • Electricity Bill.
  • Telephone Bill.
  • Aadhaar Card.

How do I register for startup?

Registration Process

  1. Register on the Startup India portal. …
  2. Post registration, apply for DPIIT (Department for Industrial Policy and Promotion) recognition. …
  3. Access the Section 80 IAC exemption application form here.
  4. Fill in all details with the below mentioned documents uploaded and submit the application form.

What is registration of a company?

In India, company registration is also referred to as incorporation of company or formation of a business. Registering your company makes your business a distinguished entity and gives it a legal existence. The company registration process in India is done under the Ministry of Corporate Affairs.

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