Business Startup in India

1.       Limited Liability A Company exists as a separate legal entity from the personal life of its shareholders and Directors. Company and persons who own and manage it are separate entities and both functions separately. Liability for repayment of debts and lawsuits incurred by the Company lies on it and not with the persons who own and manage it. Registering a business form as company adds up an additional layer of protection to its shareholders in terms of business liability. 2.       Perpetual Succession Company has perpetual succession. Irrespective of the changes in the persons who own and manage the Company, the Company continues to be the same entity with the same privileges, immunities, estates and possessions. The Company shall continue to exist till its winding up in accordance with the provisions of the relevant law. 3.       Transferability of Ownership / Interest The shares ...

About COMPANIESINN CompaniesInn.com LLP  (CompaniesInn), a company promoted by a team of Company Secretaries, Corporate Lawyers and Chartered Accountants. COMPANIESINN have presence in Bangalore , Delhi , Mumbai, Kolkatta, Chennai and Hyderabad and have a wide network of Practicing Company Secretaries and Chartered Accountants across the country. We provide comprehensive Corporate Registration Services and Corporate Secretarial Services, with excellent infrastructure in the fast changing age of information technology. COMPANIESINN HIGHLIGHTS 1.     The First online Company Registration Portal in India, www.companiesinn.com , which provides Company Registration Services in Bangalore, Delhi, Mumbai, Kolkatta, Chennai, Hyderabad and all other major Cities in India along with procedural Corporate Secretarial Services.. 2.     Sole service provider to ING VYSYA BANK LIMITED for Charge Management of all their branches acro...

Limited Liability Partnerships (LLPs) are commercial vehicles which combine features of partnership and company form of business. LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name. Unlike in partnership, no partner is liable on account of the independent or un-authorized actions of other partners and accordingly individual partners are protected from joint liability created by another partner’s wrongful actions or misconduct.  Mutual rights and duties of the partners within a LLP are governed by an agreement between the partners or between the partners and the LLP as the case may be. The LLP, however, is not relieved of the liability for its other obligations as a separate entity. Limited Liability Partnership is managed as per the...

HOW TO SELECT A CORPORATE BUSINESS STRUCTURE If you are new entrepreneur looking of doing a business in a corporate form of organisation, first you have to select a form of business organisation. There are four types of Corporate Business Forms available for entrepreneurs carrying business in India : Private Companies Public   Companies Limited Liability Partnerships Selection of the appropriate form for your business depends on many factors such as the type of business, the number of persons involved, whether you want full control or prefer to share responsibilities, capital requirements, tax regulations and business liability. If you feel the situation is not simple, consult CompaniesInn about the legal aspects of your plans and about financial implications. PRIVATE COMPANIES Private Limited Company is formed with minimum of 2 members and 2 Directors. Maximum number of members in a private company is restricted to 50. There are restrictions for availin...