Importance of Company Registration and Its Benefits

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Importance of Company Registration and Its
Benefits 
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What is a Company Registration?

• An organization is an association shaped to work
  together for the purpose of business. According
  to the companies Act 1956, a company must be
  registered and formed under the Act. It is a
  different legitimate entity and comprises of
  directors and shareholders. On the off chance
  that you need to begin an organization in India,
  at that point, you need to build up your
  organization's lawful presence in India by
  doing company registration in India and fill in
  the appropriate forms with the correct Indian
  authorities.  

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How to Register a Company in India?
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How to Register a Company in India?

• The following are the comprehensive details of
  the documents schedules to register a company
  in India.  
• Important things required before the beginning of
  the process 
• The authorized capital of Rs 1,00,000.  
• At least 2 directors with the following things   
• Pan card 
• Address Proof  
• Two Photographs 
• Business premises/Office address proof  
• Director Identification Number (DIN) DSC
  (Digital Signature Certificate).  
• Memorandum of association articles of
  association.  
• A Certificate of Incorporation.  
• Once your company gets incorporated, you can take
  a leap towards your work and get the relevant
  certificates related to your nature of
  business.  

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Classification of Companies

• A Company can be classified based on the
  following activities  
• Business activities A company can be classified
  based on its activities like manufacturing
  activity, service activity, non-profit making
  activity, etc.  
• Liabilities A company can be either limited or
  an unlimited company.    
• Membership A company can be public-private or a
  government company.  
• Place of registration Based on the place of
  registration of the company (Indian or
  Foreign).  
• Control A company can be classified on the
  bases of control, either Holding or subsidiary.  

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Private Limited Company
A private limited company in India is an
organization that is enlisted under the Indian
Companies Act, 2013, or any past Companies Act.
In a private company, the liability of members,
for example, owners, is restricted to a certain
degree. In addition to this, there are certain
limitations laid combined with benefits offered.  
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Public Limited Company
PUBLIC LIMITED COMPANY
A 'Public Company' is a restricted organization
framed with least of 7 individuals and 3
Directors. There is no limitation for the maximum
number of individuals in a Public Company. But
the company must end up with words limited.
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Importance of Company Registration   

• Protection By doing company registration, you
  can protect your business from unusual stuff or
  miss happenings like a fire hazard, financial
  loss etc.  
• Product/Service If any of your products caused
  any harm to a customer or an employee for which
  you are not responsible but are held responsible.
  Your company may also go bankrupt in lawsuits and
  due payments. So, its important to register your
  company.    

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How can Business Consultants help a Company?

• A business consulting firm in India or any other
  country a company can help in easily update of
  your client and customers with new emerging
  trends in their respective businesses.
• The best business consulting firms will make
  strategic tools for the development and expansion
  of your company. It will focus more on providing
  solutions to your business problems.
• Business consulting firms can help in planning a
  strategy for your business on the basis of the
  resource allocation and will do scheduling of the
  various projects.

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Contact Us

• Address 335, Udyog Vihar, Phase IV, Gurgaon,
  Haryana, INDIA 122 015
• Phone no 124-435-6300
• Email enquiries_at_tecnovaglobal.com
• Website https//www.tecnovaglobal.com

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Thank You