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Comprehensive Guide to Company Registration in India

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Company Registration in India is governed by the Ministry of Corporate Affairs (MCA) under the Companies Act, 2013. Registering a company is the first step towards establishing a business entity and gaining legal recognition. The process involves several steps and compliances to ensure the company operates lawfully within the Indian legal framework. Types of Companies in India: 1. Private Limited Company: Requires a minimum of 2 and a maximum of 200 members. The liability of members is limited to their shares. Offers flexibility in operations and can raise funds easily. 2. Public Limited Company: Requires a minimum of 7 members (no maximum limit). The liability of members is limited to their shares. Can offer shares to the public and is listed on the stock exchange. 3. One Person Company (OPC): Allows a single entrepreneur to start a company. The sole member's liability is limited. 4. Limited Liability Partnership (LLP): Combines the benefits of a partnership firm and a company. Pa

Five Benefits of Company Registration for Small Businesses and Startups

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The liberalized economy, opening-up of markets for foreign investors, advent of internet technology, favorable business policy, and a sublime infrastructure are stimulating startup culture in India. Today, in the matter of startups, India holds the third rank and today startups are playing a crucial role in employment creation. If you have an idea for a startup or own a small business and want to scale it to a large level, then don't forget to strengthen and secure it legally. Company Registration  is an imperative legal procedure for every business, whether a startup or a small business.  Company Registration  proves immensely beneficial for small businesses and startups. This web article aims to highlight the top five advantages of company registration for small businesses and startups. Top Five Advantages of Company Registration for Small Business and Startups Protects Business Owners from Maximum Liability Company Registration  limits the liability of business owners. When you