New Company Registration oF Consultants in Chennai India
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New Company Registration of Consultants in Chennai India. The first step is selecting a name for the company. The name you choose must be available in the country and not conflict with any existing company names. Usually, you can select as many as five names before selecting the most appropriate one for your business. This will save you time, since you will only need to submit one application instead of many.
Generally, company registration requires some documents. Besides the legal documents, you will need to register the business' name in order to conduct your commercial activities. Once you have decided on the name, you can hire a company registration consultant to help you with the application and documentation. These consultants will help you with all the legal procedures related to company registration. You will be able to start conducting commercial activities as soon as possible once your business is registered.
A company is a legal entity with perpetual succession and separate ownership of its assets. It is an ideal form of business in India. Incorporation takes place in accordance with the Companies Act, 2013 and the Companies (incorporation) Rules, 2014. A private limited company must have two shareholders and seven members. A public limited company must have a minimum paid-up capital of Rs. 5 lakhs and a minimum of two directors.
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