Company Registration in Dehradun
Are you looking for expert guidance to make the company registration process in Dehradun hassle-free? That’s extremely simple and seamless with CAAQ Consultancy. Our CAs, CSs, solicitors, and business consultants are here to show you some proven ways to commence your startup or another company in the capital of Uttarakhand.
Overall, we provide start-to-finish consulting for the company registration in Dehradun, encompassing suggestions on the types of companies, required documents, and an overview of the costs involved.
Types of Business Entities for Registration in Dehradun
Before registering your company, you need to decide the business structure that best suits your needs. Below are the common types of company structures in India:
Among many business models, it’s challenging to select an ideally perfect company for incorporation. This guide will help you to make informed decisions accordingly.
1. Private Limited Company
This is an out-of-the-box choice for growing businesses that seek investment opportunities from the market. With at least two directors and two shareholders, this company provides limited liability protection and holds a separate legal identity.
2. Public Limited Company
Suitable for a large scale business, it allows easy fund-raising from the public. You can start it with three directors and seven shareholders, who have to operate complying with SEBI and stock exchange regulations (if listed).
3. One Person Company (OPC)
For those who want to operate their business independently, it’s for them. They can enjoy limited liability protection while being the only director & controller of the company.
4. Limited Liability Partnership (LLP)
It’s a hybrid business model, comprising the features of the partnership and a company. Its partners can harness limited liability framework while minimally complying with the Companies Act, 1961. For professionals like freelancers and small businesses, it’s the ultimate choice.
5. Sole Proprietorship
This is one of the simplest models that can be started with an individual, who does not have to fully comply with regulations. But, it does not provide limited liability protection.
6. Partnership Firm
When multiple businessmen start a corporate entity together, it is called a partnership firm, which ensures flexible operations. It does not mandatorily require registration, but a partnership deed. For sure, all partners have their share in profits, losses, and liabilities.
7. Section 8 Company (Non-Profit Organization)
This is a non-profit business model, which focuses on encouraging charity, education, promotion of art, culture, sports,and social work. It requires the reinvestment of the profit earned into the core objective. This company is eligible to enjoy tax leverages and grants from the government.