Unlike old times when forming a company was both hectic and time-consuming, the process has now been simplified such that laymen can also form their companies. However, there are many legalities involved which may be intimidating for an inexperienced person to understand. Azalea Advisors bring to you a one-stop solution to meet the end-to-end process of forming a company without the hassle of meeting deadlines, fulfilling legal duties, presenting documents, etc. Once you hire us, you can simply leave the job to us. However, in order to form a company, you should be well-versed with the process that has been laid down for the same.
According to the Indian legal system, businesses have been structured into different categories, with each structure required to fulfil different compliances. Hence, to be able to optimally fulfil all the requirements, you need to first understand the structure of your business. There are five types of business structures in India- Sole Proprietorship, One Person Company, Private Limited Company, Public Limited Company, and Limited Liability Partnerships. Each of the aforementioned company structures has its own set of rules and regulations that affect your tax returns in different ways. A sole proprietorship, for example, is only required to file an income tax return; whereas, a Private Limited company/public Limited company must also file yearly filings with the registrar of companies. Their financial statements must be audited at least once a year. Your company’s tax structure, rates, and incentives are also determined by its kind. As a result, you must have a clear understanding of your business goal and select the most appropriate legal business structure.
What services do Azalea Advisors provide?
Azalea Advisors is a premier advising firm consisting of a team of qualified Chartered accountants, Company Secretaries and legal professionals which acts as a one-stop solution for forming a company in India across the different business structures. We provide the following services about company formations:
There are many benefits associated with registering a pvt. Ltd. company. It offers a limited liability protection to the personal assets of the directors. It provides higher credibility to a business in the market. It eases the process of raising additional funds and investments. Pvt. Ltd companies often attracted a cream workforce which would further help in developing the business. The process of registering a company includes- procurement of a Digital Signature Certificate (DSC); procurement of a Director Identification Number (DIN); Applying for a Company name; drafting and submission of drafts including AoA, MoA, and other legal documents; and registration on the MCA Portal. We facilitate the registration of your Company in India in an easy and time-saving manner. Our experts are adept with the legal requirements of Company incorporation in India, hence, we provide this service in a non-erroneous manner.
The Limited Liability Partnership Act of 2008 established LLP as a limited liability partnership corporation. One partner cannot be held culpable for the faults of the other; in other words, one partner is solely responsible for his own malfeasance. Small enterprises, microbusinesses, and family-owned businesses benefit greatly from LLP. The most fundamental benefit of a limited liability partnership is that the partners’ or owners’ obligations are minimised, requiring less upkeep. The proprietors of an LLP are likewise protected from indebtedness by the LLP. In India, you may register your limited liability partnership in cities such as Delhi, Mumbai, Bangalore, and many more. There are not many firms that specialise in LLP Registration Services unlike ours where we have a distinct division for LLP registration services. We provide an end-to-end service for registering an LLP in India. We extend our services in securing the digital signatures, DIN, name approval, professional certification, incorporation filing, certificate incorporation, etc. By way of our LLP Registration Services, we also offer LLC Formation Services. In India, an LLC or Limited Liability Company can be registered as an LLP or as a private limited company. The Indian LLC is a popular choice among international investors interested in establishing a business in India. This structure offers a number of benefits, which are listed below and may also be discussed with our team of India business registration advisors. Connect with us to get help for forming an LLC in India as well.
