TAN Registration
We are a famous TAN Registration company based in Bhiwadi, Rajasthan. The service we offer is carried out by expert and experienced professionals. We counsel and guide clients through the entire process of compiling and filing of TDS as required by the necessary legislation. We offer this service to both individuals and corporate companies and establishments. Please contact us to make an appointment at the earliest. More Details TAN or Tax Deduction and Collection Number (TAN) is mandatory 10 digit alpha number required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government. Tax deducted at source (TDS) ensures that the Government's collection of tax is proponed and the responsibility for paying tax is diversified. The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government. Quoting the TAN number. Individuals who are salaried are not required to obtain TAN or deduct tax at source. However, a proprietorship business and other entities (i.e., Private Limited Company, LLP, etc.,) must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, payment of rent exceeding Rs.1,80,000 per year, etc. On deducting tax at source, the entity registered for TAN will issue a TDS Certificate as proof of collection of tax.. CorpPro can help you obtain your TAN registration quickly and hassle-fee.
...moreService Tax Registration
We are a renowned Service Tax Registration company based in Bhiwadi, Rajasthan. All commercial establishment or individuals providing a service are required to pay service tax as per the service tax levied by the Central Government of India unless they are listed in the negative list which makes them exempt from paying Service Tax . We aid commercial establishments and individuals with compiling, filing and registering service tax as required by the service tax laws in India. More Details Service Tax registration is mandatory for every person or business in India that has provided a taxable service of value exceeding Rs.9 lakhs, in the previous financial year. Service Tax Registration is required for identification of the assesse, deposit service tax, file service tax returns and undertake various processes required under the Finance Act, 1994. Failure to obtain service tax registration would attract penalty in terms of section 77 of the Finance Act, 1994. CorpPro can help your Company obtain and manage Service Tax Registration quickly and hassle-fee.
...moreSales Tax Registration Service
We offer Sales Tax Registration services from in Bhiwadi, Rajasthan. Any individual or company that sells any kind of goods or service is required to pay Sales Tax as per the law. We therefore help are clients with compiling the necessary details and documents and calculating the amount of taxes that need to be filed with the concerned authorities.
...moreProject Finance Services
We are a foremost company based in Bhiwadi, Rajasthan providing Project Finance Services. In this service we provide a range of reports, information and other important data for our clients to scrutinize and analyse regarding the feasibility of a particular project. The reports that we offer are standard but clients can also request any information or report as required by them. More Details Capital in the form of debt or equity in one of the fundamental requirements for starting, managing and growing a business. In India, it is easy for most businesses to syndicate capital in the form of debt from Banks as banks have a strong mechanism for evaluating and disbursing funds. Further, banks contribute more capital to businesses in India more than Private Equity Funds or Angel Investors or Venture Capitalist, therefore it is important for all Entrepreneurs to know about the banking facilities available and avail them properly. CorpPro has a strong experience of bank loan syndication in India and has help businesses in a range of industries from obtain bank loan. We can help your business obtain Term Loans, Working Capital Facilities, Corporate Loans, Letter of Credits, Bank Guarantees, Loan against Property, Loan against Shares, etc., CorpPro will start by understanding your business, provide advisory relating to capital syndication, prepare the necessary detailed project report, submit request for credit to financial institutions, follow & reply to queries and work till sanction and disbursement of the requested credit facilities. Our Financial Professionals can help syndicate bank loan for your business, call us today.
...morePan Card Registration
We are a top Pan Card Registration company based in Bhiwadi, Rajasthan. Pan card is necessary for all individuals who file income tax. This card might also be obtained for use as a photo id card for identification purposes as it is considered a valid document by many organizations. We help with collecting the documents and other details that are required in registering for a pan card. Details Permanent Account Number (PAN) is a mandatory registration with the Income Tax Department of India required for all person and entities that are required to pay Income Tax and perform certain high-value transactions. The Income Tax Department uses the PAN to track all compliance and filings of an Income Tax Assess using the PAN. PAN is a 10 digit alpha-number character, issued in the form of a laminated card. Once a PAN Card is issued, no continued compliance filings are necessary and it is valid for lifetime of the entity. PAN is now required in India for entering into many basic transaction like obtaining a telephone connection or paying more than Rs.25,000/- to hotels or restaurants. Therefore, it is recommended for all Indian Residents and Foreign Nationals staying in India for an extended period of time to obtain PAN Card. CorpPro can help you obtain your PAN Card quickly and hassle-fee.
...moreIPR Registration
Our company is second to none in rendering IPR Registration services. The services are rendered by our team of dedicated professionals. They help the clients in every stage of the registration process including the documentation. We help clients in obtaining Trademanrk and Copyright in India. Our services are reckoned for their timely execution and high reliability. Clients can obtain the IPR Registration at market-leading prices from us. Trademark A trademark is a visual symbol, which may be a word, name, device, label or numerals used by a business to distinguish it goods or services from other similar goods or services originating from a different business. A registered trademark is an intangible asset or intellectual property for a business and is used to protect the company's investment in the brand or symbol. A trademark is registerable if it is distinctive for the goods and services you provide. Proposed trademarks that are similar or identical to an existing registered trademark cannot be registered. Also, trademarks are not registerable if it is offensive, generic, deceptive, not distinctive, contains specially protected emblems, etc., Trademarks in India are registered by the Controller General of Patents Designs and Trademarks, Ministry of Commerce and Industry, Government of India. Trademarks are registered under the Trademark Act, 1999 and provide the trademark owner the right to sue for damages when infringements of trademarks occur. CorpPro can help you in getting a Trademanrk in India. Copyright Copyright is a form of intellectual property protection like trademark and patents. A copyright is a legal right given by the law to creators of literary, dramatic, musical and artistic works and producers of cinematograph films and sound recordings. Copyright give the owner of the work certain safeguard to ensure the intellectual work is protected and creativity is rewarded. Copyright includes a bundle of right like the rights of reproduction, communication to the public, adaptation and translation of the work. In India, Copyrights are registered under The Copyright Act, 1957. The Copyright Act, 1957 protects original literary, dramatic, musical and artistic works and cinematograph films and sound recordings from unauthorized uses. However, ideas, procedures, methods of operation or mathematical concepts cannot be copyrighted. Copyright is a right given by the law to creators of literary, dramatic, musical and artistic works and producers of cinematograph films and sound recordings. In fact, it is a bundle of rights including, inter alia, rights of reproduction, communication to the public, adaptation and translation of the work. There could be slight variations in the composition of the rights depending on the work. CorpPro can help you in getting a Copyright in India.
...moreIndustrial Pollution License
Get in touch with us for obtaining Industrial Pollution License. We have on board a team of experienced professionals, who help clients in obtaining the license. Our team provides complete assistance to clients in obtaining the license. The services are rendered as per the requirements and budgetary limits of the clients. We ensure that the entire process easy and hassle free fpor the clients. One can obtain the services at affordable rates from us.
...moreImport Export Code Registration
We are an eminent Import Export Code Registration company based in Bhiwadi, Rajasthan. This code registration is required by companies and individuals that deal transact business through import or export. Our professional team guides our customer through the registration process ensuring all documents and information are correct and up to date. We provide this service at a nominal fee. More Details Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Codes when issued can be used by the entity throughout its existence and doesn't require any renewal or filing. Therefore, it is recommended for most organizations to obtain IE Code, irrespective of if they need it at the moment. DGFT will issue the IE Code for the entity in 15 - 20 working days or less. CorpPro can help your Company obtain and manage Import Export Code Registration quickly and hassle-fee.
...moreFSSAI Registration
We are a chief FSSAI Registration company based in Bhiwadi, Rajasthan. We help our clients with registering and applying for licenses with the Food Safety and Standard Authority of India. Some of our clients include food business operators, food repackers and food manufacturers. We help with registering of new licenses and renewing of existing licenses. We guarantee a professional and efficient service. More Details The Food Safety & Standards Act, 2006 introduced to improve the hygiene and quality of food has brought about tremendous changes in the food industry. As per the Act, no person shall commence or carry on any food business except under a license with the exception of petty retailer, hawker, itinerant vendor or a temporary stallholder or small scale or cottage or such other industries relating to food business or tiny food business operator. Therefore, any organized food manufacturing or processing or packaging or distributing entity is now required to obtain a FSSAI License prior to commencing business. FSSAI License is issued by the Food Safety and Standards Authority of India (FSSAI), Ministry of Family Health & Welfare, Government of India. Application to commence a food business must be made to the FSSAI in the prescribed format. Based on the application and supporting documents, FSSAI will accord approval. CorpPro can help your business obtain FSSAI Registration or License quickly and hassle-fee. Talk to our Business Advisors and we will help you get the necessary FSSAI approvals and registrations.
...moreFactory License Registration
We are second to none in rendering Factory License Registration services. The services are rendered by our team of experienced professionals. Our team of experts makes the Registration Services easier and hassle free for the clients. We assist clients in each and every step during the entire registration process. The services are rendered keeping in mind the specific requirements and budgetary limits of the clients. Clients can obtain the Factory License Registration services at reasonable rates from us.
...moreExcise Registration
If you’re seeking for the Excise Registration services in Bhiwadi, Rajasthan, then we are the name to be reckoned. Our expert team can keep you away from the lengthy and hectic processes of the Excise Registration solving your hassles as a result. Moreover, our agile team can guide you in the process of identifying the extent of central excise applicability, downloading and filling of the relevant forms, and the final submission. The best part, our fees is very nominal.More About Excise Registration :Central Excise Duty is a form of Indirect Taxation levied through the Central Excise Act, 1944. The Central Excise Duty is levied on Goods and Products, which are manufactured or produced in India. Excise duty is levied when the goods are manufactured or produced in India and is payable when the goods are removed from the manufacturing premises. Therefore, central excise registration and central excise duty is applicable to all manufactures. Central Excise ApplicabilityCentral Excise Law is levied on manufacturing or production of goods and those into manufacturing in India must pay the Central Excise duty. If a manufacturer meets the following conditions, then Central Excise Law is applicable: i) The good must be manufactured or produced, ii) the goods manufactured must be excisable (i.e. Central Excise Duty is applicable to the goods manufactured/produced) and iii) the manufacturing or production took place in India. Manufacturing or Production under the Central Excise Law means when a new and identifiable goods or product has emerged having a different name, character, or use. Therefore, it is important to remember that under the Central Excise Laws, repacking or production of agricultural products, assembling and selling of waste or by-product could be dutiable. Central Excise RegistrationAny person or undertaking liable to pay Central Excise must obtain a Central Excise Registration. The Central Excise Registration number is a fifteen digit number in which the 1st ten digits are the PAN Number, the next two digits correspond with the applicant status and the last three digits denote the number of premises. Separate Central Excise Registration is required for each of the manufacturing premises. Once a Central Excise Registration is completed, the registration is valid unless it is is suspended, revoked or surrendered. In case a manufacturer or producer liable to pay Central Excise does not obtain Central Excise Registration, a penalty of upto Rs.10,000 and/or imprisonment of upto 7 years can be imposed. Therefore, it is important for Entrepreneurs involved in manufacturing or production to know about their Central Excise liability and maintain compliance.
...moreESI & PF Registration
Our company is involved in offering reliable ESI & PF Registration services. Our team comprises of a team of dedicated professionals, who are the best in this domain. We provide end-to-end support and assistance to our clients in the entire process. The services are rendered as per the budgetary constraints of the clients. Our services are known for their reliability and timely execution. Clients can obtain the ESI & PF Registration at affordable rates from us.
...moreDigital Signature Services
The Digital Signature Services that we offer have made us a distinguished company based in Bhiwadi, Rajasthan. The digital signature service that we offer helps are clients to provide better professional services to their customers at nominal rates. We offer all types of digital signatures. This service is designed to keep our clients safe from fraud. Please contact us for more information or any query regarding this service. Details : Class 2 DSC (E-MCA / E-VAT/ E-TDS/ E-ESI / E-EPF / E-SEZ / E-Banking / E-Trademark / E-Copyright / E-Patent). Class 3 DSC (E-Bidding/ E-Tendering/ E-Ticketing/ E-Procurement). DGFT DSC (E-Export/ E-Import). More Details A Digital Signature is the equivalent of a physical signature in electronic format, as it establishes the identity of the sender of an electronic document in the Internet. Digital Signatures are used in India for online transactions such as Income Tax E-Filing, Company or LLP Incorporation, Filing Annual Return, E-Tenders, etc., There are three types of Digital Signatures, Class I, Class II and Class III Digital Signature. Class I type of Digital Signatures are only used for securing email communication. Class II type of Digital Signatures are used for Company or LLP Incorporation, IT Return E-Filing, Obtaining DIN or DPIN, and filing other forms with the Ministry of Corporate Affairs and Income Tax Department. Class III type Digital Signatures are used mainly for E-Tendering and for participating in E-Auctions. Digital Signatures come in the form of a USB E-Token, wherein the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically. With E-Return filing becoming mandatory for Income Tax Assesses with an income of over Rs.5 lakhs per annum, the requirement and prevalence of Digital Signatures has increased manifold. CorpPro can help you obtain your Digital Signature hassle-free online. CorpPro is a Registered Partner of SIFY and E-Mudhra.
...moreCorporate Restructuring Services
We are involved in rendering Corporate Restructuring Services. Our team comprises of qualified and dedicated professionals. Our clients range from investment banks, companies and large corporate groups in merger and acquisition deals irrespective of the size of the deal. Our team advises clients on structuring mergers and acquisition including structuring issues, drafting transactional documents, etc. Clients can obtain the services at affordable rates from us. Contact us today!Corporate Restructuring Services Mergers, Acquisitions, Takeover and Amalgamation is one of the best processes of Corporate Restructuring that has gained substantial prominence in the present day corporate world. Restructuring usually means major changes and modifications in the corporate strategies and beliefs. This shift in strategic alliances is done with a desire to have an edge over competitors, eventually creating a new economic paradigm. Businesses across the corporate world have only two options in hand to expand their operation and gain substantial profits. One way is to grow through internal expansion by means of introducing new technologies, altering the course of operations, enhancing work performance, and establishing new lines of products or services. This external expansion takes place in the form of merger, acquisitions, takeovers, and amalgamations, dramatically supporting the globalization of businesses. We advise companies on methods of restructuring including joint ventures, takeover, mergers, acquisitions, demerger / spin-off a division into a separate company, buy-back of shares, leveraged buyouts, slump sale, reduction in share capital, winding-up and repatriation of the proceeds. We also advise on tax benefits available to companies after restructuring. We conduct due diligence for companies before going for mergers and acquisitions including intellectual property due diligence. We draft Share Purchase Agreements, Shareholders Agreements, Joint Venture Agreements, non-compete and non-disclosure agreement, escrow agreement, stock swap agreement etc. We also draft scheme of arrangements for companies to be placed before High Courts. Mergers are very public events that significantly alter the future valuation of the merged businesses. It is very important to get off on the right foot. We, at CorpPro provide complete Merger and Demerger services to corporate groups which comprises of : Feasibility study of Financial Merger and Demerger exercise Corporate and tax planning Dealing and liaison with Official Liquidator attached to Hon’ble High Court. Hon’ble High Court of Judicature. Registrar of Companies. Regional Director. Handling board meetings, arranging misc. meetings with shareholders, creditors. Preparing scheme of amalgamation and demerger & getting it approved from various sources. We also provide after merger Integration through our Merger & Demerger Services.
...morecorporate compliance services
From Bhiwadi, Rajasthan, we have emerged as a prominent company providing Corporate Compliance Services. In this service we ensure that our clients meet all requirements set out in the various Company Acts and legislature. We offer guidance and help if there is any change in the company directors, registered office, company name, company object and shareholding. We also offer counsel on statutory ROC returns and compliance. Details : Change of Company Directors Change of Registered Office Change of Company Name Change of Company Object Change of Company Capital Aleration of Company Articles Change of Shareholding Annual Roc Filing Statutory Roc Returns & Compliances Change Of Registered Office The registered office of a Company or LLP is the principle place of business for a private / public limited company and all official correspondence from the Ministry of Corporate Affairs is sent to this location. The registered office of a Company or LLP can be changed within the local limits of any city, town or village where such office is situated by just giving a notice to the concerned Registrar within 30 days after the date of the change. But a special resolution will be required if the change of the registered office is from one village, town, etc., in the same state. Where the place of registered offices is to be altered from one State to another State, the Company or LLP may do so by passing special resolution and getting confirmation of the Company Law Board. The Company or LLP is also required to give an advertisement in the newspapers indicating the change proposed to be made and also a notice is to be given to the State Government when it is proposed to transfer the registered office from one State to another. A change to the registered business office address can be required due to various reasons. Further, the formalities and process for changing the Registered Office of the Company or LLP will depend on if the Company or LLP is changing address within the same city/town/village or if the Company is changing address between city/town/village if the Company is changing the Registered Office between States. CorpPro can help you change the Registered Office in all three scenarios, talk to our Business Advisors today. Change Of Director Or Designated Partner Directors are appointed by the shareholders of a Company for the management of a Company. As per Companies Law of 1956, a Private Limited Company is required to have a minimum of two Directors and a Limited Company is required to have a minimum of three Directors. On the other hand, a Limited Liability Partnership (LLP) has Designated Partners and Limited Liability Partnership Act, 2008 requires each LLP to have a minimum of two Designated Partners. Appointment or removal of a Director or Designated Partners maybe required due to various reasons. CorpPro can help you file the necessary filings to add or remove a Director from your Company or add or remove a Designated Partner from you LLP. To add a Director or Designated Partner, Digital Signature must first be obtained for the proposed Director. Once, Digital Signature is obtained, the proposed Director can be added into the Company with the consent of the shareholders. To remove a Director from a Company or LLP, it is important to ensure the Company or a LLP would have the minimum required number of Director or Designated Partner after removal of the Director. If so, then the resignation letter along with the required form must be filed to effect the resignation of the Director. Authorised Capital The authorized capital of a Company determines the number of shares a Company can issue to its shareholders. An increase in authorized capital might be required for issuing new shares and/or inducting more capital into the Company. CorpPro can help you with respect to the filing and issuing of share with respect to the increase in authorized share capital of the Company. In relation to a company, it is the amount mentioned in the capital clause of the Memorandum of Association of the company. Upto this amount the company can raise capital. If the company wants more capital then the capital clause has to be amended by the members by passing a special resolution at a meeting. Share Transfer The ownership of a company limited by shares is held by the shareholders of the Company. The shareholders in turn appoint Directors to manage the affairs of the Company. Hence, ownership of a company rests with the shareholders and not the Directors. Transfer of ownership of a company can therefore be accomplished by transferring shares of the company from one person or entity to another. Share transfer in a private limited company is usually more restricted when compared to a listed company that is publicly traded. The entire shares of a private limited company are usually owned by a family or a small group of persons or entities. Hence, most of the Articles of Association of a Private Limited Company limit the right of a shareholder to transfer the company's shares to an outsider. Therefore, it is important to review the Articles of Association of the Company prior to effecting a share transfer. CorpPro can help you transfer shares of a private limited company by completing the necessary procedures as per Companies Act, 2013.
...moreBusiness Tax Compliance Services
From Bhiwadi, Rajasthan we are listed amongst the primary companies providing the Business Tax Compliance Services. The professional service offered includes the computation, compilation and filing of returns for income tax, TDS, VAT or Sales Tax, service tax and excise. We guide and counsel our clients through the entire process and are always available to answer any query or provide any updates as required. Details : Income Tax Return TDS Return Vat/Sales Tax Return Service Tax Return Excise Return
...morebusiness start up services
The Business Start Up Services that we offer have made us a celebrated company based in Bhiwadi, Rajasthan. This service is aimed at individuals and foreign investors looking to set up operations or businesses in India. We guide our customers through the various laws and legislation required to set up business. We aid in getting the necessary licenses and registrations as needed.
...moreBusiness License Registration
The Business License Registration service that we offer have made us a recognized company based in Bhiwadi Rajasthan. We aid our clients obtain all kinds of licences as required by them to carry out their business. Some of the licences we help acquire are agmark and ISI certifications, trade and factory licenses, ISO certifications, trademark registration, copyright and patent registration and many more. Details : Trade Licence Factory Licence MSME/SSI Registration Pollution Licence ESI / PF Licence Food Licence FIRE Licence ISO Certification Agmark Licence ISI Licence Trademark Registration Patent Registration Copyright Registration BIS Licence Drug Licence Chemical Licence
...moreBusiness Incorporation Services
We are a leading Business Incorporation Services company based in Bhiwadi, Rajasthan. We aid in the setting up of a number of commercial establishments and companies such as private limited company, public limited company, one person company, limited liability partnership (LLP), partnership firm, proprietorship firm, shop establishment, NGO, and many. We also aid foreign companies in setting up their establishments in India which could include foreign subsidiary company, a branch, liaison or project office. Details : Private Limited Company Public Limited Company One Person Company Limited Liability Partnership (llp) Partnership Firm Proprietorship Firm Shop Establishment Section 8 Companies Producer Company Nidhi Company Subsidiary Company More Details Business registration or not-for-profit registration from the relevant regulators would be required for starting a business or not-for-profit organization in India. Some of the most common business registration include Proprietorship Registration, Partnership Firm registration, Limited Liability Partnership Registration, Private Limited Company Registration, One Person Company Registration and Limited Company Registration. In addition, business registration could also include certain special registrations like Nidhi Company Registration, NBFC Registration and Producer Company Registration. Not-for-profit registration in India include the formation of Section 8 Company, Trusts and Societies. Based on the activity to be performed, CorpPro can help you with your Business Registration ranging from Company to Trust through our network of more than a thousand Business Experts across India. Starting a business in India? Talk to an CorpPro Advisor. Sole Proprietorship A sole proprietorship is a business that is owned, managed and controlled by one person. It is one of the most common forms of business in India, used by small businesses operating in the unorganized sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for getting started. However, after the startup phase, proprietorship's do not offer the promoter a host of other benefits such as limited liability, separate legal entity, independent existence, transferability, etc., which are desirable features for any business. Therefore, proprietorship's are suited for unorganized, small businesses that will have a limited existence. There is no mechanism provided by the Government of India for the registration or incorporation of a Proprietorship. Therefore, the existence of a proprietorship is established only by tax registrations and other business registrations that a Proprietorship is required to have as per the rules and regulations. At CorpPro, we can help you establish an identity for your Proprietorship by obtaining the relevant registrations. Partnership A Partnership Firm is a popular form of business constitution for businesses that are owned, managed and controlled by an Association of People for profit. Partnership firms are relatively easy to start are is prevalent amongst small and medium sized businesses in the unorganized sectors. With the introduction of Limited Liability Partnerships in India, Partnership Firms are fast losing their prevalence due to the added advantages offered by a Limited Liability Partnership. There are two types of Partnership firms, registered and un-registered Partnership firm. It is not compulsory to register a Partnership firm; however, it is advisable to register a Partnership firm due to the added advantages. Partnership firms are created by drafting a Partnership deed amongst the Partners and CorpPro can help start a registered or un-registered Partnership firm in India. OPC (one person company) The concept of One Person Company (OPC) in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. One of the biggest advantages of a OPC is that there can be only one member in a OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership. Similar to a Company, a OPC is a separate legal entity from its members, offers limited liability protection to its shareholders, has continuity of business and is easy to incorporate. Though a One Person Entity allows alone Entrepreneur to run a business with Limited Liability protection, a OPC does have a few limitations. For instance, every OPC must nominate a nominee Director in the MOA or AOA who will become the owner of the OPC in case the promoter Director is disabled. Also, a OPC must be converted into a Private Limited Company if it crosses an annual turnover of Rs.2 crores and must file audited financial statements with the Ministry of Corporate Affairs at the end of each Financial Year. Therefore, it is important for the Entrepreneur to carefully consider the features of a OPC prior to incorporation. CorpPro can help incorporate a One Person Company (OPC) in India. LLP (Limited Liability Partnership) Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business organization that is simple to maintain while at the same time providing limited liability to the owners. A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization and one partner is not responsible or liable for another partner's misconduct or negligence. Therefore, all partners have a form of limited liability for each individual's protection within the partnership, similar to that of the shareholders of a corporation. However, unlike corporate shareholders, the partners have the right to manage the business directly. An LLP also limits the personal liability of a partner for the errors, omissions, incompetence, or negligence of the LLP's employees or other agents. LLP is one of the easiest form of business to incorporate and manage. CorpPro can help incorporate a Limited Liability Partnership (LLP) in India. Pvt Ltd Companies Private Limited Companies is the most common and suitable form of entity for carrying out business in India with a long term objective. A Private Limited Company is Incorporated and Governed by the Indian Companies Act 2013. Private Limited Company is a Purely Separate Legal entity distinct from its members and directors. The business under this structure can be done by making investment through the equity shares in the Company. It has the advantage of limited liability, greater stability and recognition. The Basic Requirement for a private Limited Company in India is to have Minimum Two Directors and Two Shareholders. CorpPro can help incorporate a private limited company in India. These are closely held businesses usually by family, friends and relatives. Private companies may issue stock and have shareholders Their shares need not be traded on public exchanges and are not required to be issued through an initial public offering. Shareholders may not be able sell their shares without the agreement of the other existing Shareholders. What are The Benefits or advantages to work as a private limited company? Limited Liability - If the company experience financial distress because of normal business activity, the personal assets of shareholders/owners will not be at risk of being seized by creditors. Separate Legal Entity - A company is a legal entity and a juristic person established under the Act. Therefore a company has legal capacity to own property and incur debts. The members (Shareholders/Directors) of a company have no liability to the creditors of a company for such debts Continuity Of Existence - The existence of company cannot be affected by owners. They may come, change and go but the company will run until it is legally dissolved. A company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership. Minimum Number Of Shareholders - The Minimum Members need to start the business are only 2. Scope Of Expansion Is Higher - A company has various options for borrowing of funds. It can raise funds by issuance of shares, debentures etc. Even banking and financial institutions prefer to render large financial assistance to a company rather than partnership firms or proprietary concerns. Easy Transferability Of Ownership - The Ownership(shares) of Company is easily transferable by a shareholder to any other person after Filing and signing a share transfer form at any price mutually agreed between both. Therefore, the Capital infused can be taken back easily Owning Property - A company being a legal person, can acquire, own, enjoy and alienate, property in its own name. No shareholder/director can make any claim upon the property of the company so long as the company is a going concern. Capacity To Sue And Be Sued - The company being legal person has full right like a natural person to institute legal proceedings against or to bring a suit in a court of law and also can be sued in its own name. Multiple Relationships - In a company a person can at the same time be a shareholder, creditor, director and also an employee of the company. Public Limited Companies Public Companies have inherent advantages over private companies, including the ability to sell future equity stakes and increased access to the debt markets. A Public Limited Company is Incorporated and Governed by the Indian Companies Act 2013. Public Limited Company is a purely separate legal entity distinct from its members and directors. It has the advantage of limited liability, greater stability and recognition. The basic requirement for a Public Limited Company in India is to have minimum three directors and seven shareholders. CorpPro can help incorporate a public limited company in India. Public Companies can issue shares to the public through the stock exchanges or stock market. These can also raise additional capital by issuing debentures and bonds from the public on the basis of their financial performance. These are commonly known as Publicly Traded Companies or Publicly Held Companies. Shares of these Companies are freely transferable that provides more liquidity to its shareholders. Limited Liability - It is an important benefit of incorporation, once shareholders have paid for their shares; the members of the company have no further liability to contribute towards debt incurred by the company. Separate Legal Entity - A company is a legal entity and a juristic person established under the Act. Therefore a company has legal capacity to own property and incur debts. The members (Shareholders/Directors) of a company have no liability to the creditors of a company for such debts. Access To Finance - A Public Company can easily obtain finance from banks and other financial institutions as these types of institutions are more willing to extend finance to this type of company than to smaller forms of business entities. Brand Awareness - Since these types of companies are often listed on stock exchanges, people will be easily and quickly recognize the brand or name of the company. More Capital - Since a public company can sell its shares to the public thus the potential capital that can be raised is larger. A sole proprietorship or ordinary business partnership cannot usually raise the same amount of capital without additional leverage. Capacity To Sue And Be Sued - The Company being legal person has full right like a natural person to institute legal proceedings against or to bring a suit in a court of law and also can be sued in its own name. Freely Transferable - Shares of these types of companies are freely transferable that provides more liquidity to its shareholders. Continuity Of Management - The management of a company might be separate from its ownership. Management of the business can then continue in spite of any changes in shareholders. Employees can be promoted to senior management positions without necessarily holding any shares in the company. They can also be given shares as an incentive. Owning Property - A company being a legal person, can acquire, own, enjoy and alienate property in its own name. No shareholder/director can make any claim upon the property of the company so long as the company is a going concern. Ability To Tap Financial Markets - The biggest advantage to these types of companies is their ability to tap the financial markets by selling stock (equity) or bonds (debt) to raise capital (cash) for expansion of business activities. Section 8 Companies Section 8 Company is named Section 8 of the Companies Act, 2013, which pertains to a established 'for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object', provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members. Therefore, Section 8 Company or Section 25 Company is a company registered under the Companies Act, 2013 for charitable or not-for-profit purposes. A Section 8 Company is similar to a Trust or Society; expect, a section 8 Company is registered under the Central Government's Ministry of Corporate Affairs. Trusts and Societies are registered under State Government regulations. A section 8 company has various advantages when compared to Trust or Society like improved recognition and better legal standing. Section 8 company also has higher credibility amongst donors, Government departments and other stakeholders. CorpPro can help incorporate a Sec.8 Company in India. Subsidiary Company There is a lot of interest among foreign companies to start their operations in India and tap into one of the largest and fast growing market, and have access to some of the best human resources in the world. A Foreign National (other than a citizen of Pakistan or Bangladesh) or an entity incorporated outside India (other than entity incorporated in Pakistan or Bangladesh) can invest and own a Company in India by acquiring shares of the company, subject to the FDI Policy of India. In addition, a minimum of one Indian Director who is a Indian Director and Indian Resident is required for incorporation of an Indian Company along with an address in India. Investment and acquisition of equity shares of a Company can be broadly divided into two categories - investment under automatic route and investment under Government approval route. The automatic route requires no requirement of any prior regulatory approval for investment in equity shares of an Indian business and only post facto filing/intimation with the Reserve Bank of India within 30 days of receipt of investment money in India and filing of prescribed documents and particulars of allotment of shares within 30 days of allotment of shares to foreign investors. Foreign Direct Investment of upto 100% is allowed under the automatic route in most activities/sectors in India. Investment in activities / industries where automatic route is not available can be made with the approval of the Government under the Government Approved FDI method. CorpPro can be your legal and professional partner in India to get your New Company / Subsidiary in India started quickly and cost-effectively. Producer company Producer Company is a company registered under the Companies Act, 2013, which has the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit. Produce are things that have been produced or grown, especially by farming. Therefore, a Producer Company deals primarily with agriculture and post harvest processing activities. Over 85% of the Farmers in India are small and marginal farmers with land holdings of less than 2 hectares. This fragmentation in farmers and farm lands, leads to disorganization and it is not viable for Indian farmers to adopt the latest technologies. By organization of these farmers into producer companies, economies of scale can be unlocked and the livelihood of farmers can be improved. Thus the concept of producer company is aimed at empowering farmers by creating clusters of farmers organized as a Producer Company. CorpPro can help incorporate a Producer Company in India. Nidhi company Nidhi Company is a company registered under the Companies Act, 2013, which has a sole objective of cultivating the habit of thrift and savings amongst its members. Nidhi companies are allowed to take deposit from its members and lend to its members only. Therefore, the funds contributed for a Nidhi company are only from its members (shareholders) and used only by the shareholders of the Nidhi Company. Nidhi company is a class of NBFCs and RBI is empowered to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that these Nidhis deal with their shareholder-members only, RBI has exempted the notified Nidhis from the core provisions of the RBI Act and other directions applicable to NBFCs. Therefore, Nidhi Company is an ideal entity to take deposit from and lend to a specific group of people. CorpPro can help incorporate a Nidhi Company in India.
...moreBusiness Conversion Services
Based in Bhiwadi, Rajasthan, we are counted amongst the principal companies offering Business Conversion Services. In this service we offer all necessary counsel on converting a private company to public, conversion of public to private company, conversion of private to OPC company, conversion of OPC to private company, conversion of a firm to a company, conversion of firm to partnership firm, conversion of partnership firm to company and conversion of partnership to proprietorship. Details : Conversion Of Pvt To Public Company Conversion Of Public To Pvt Company Conversion Of Private To Opc Company Conversion Of Opc To Private Company Conversion Of Firm To Company Conversion Of Firm To Partnership Firm Conversion Of Partnership Firm To Company Conversion Of Partnership To Proprietorship
...moreBusiness Closing Services
From Bhiwadi (Rajasthan), we are one of the reliable providers of the Business Closing Services. Our bouquet of services entails the winding up or striking off the companies. With years of experience, our professionals assist the clients through the entire process of closing down the company. Moreover, by way of Fast Track Exit Mode, we help the clients to get rid of properties and assets quickly and easily. Contact us for special requirements in this field. We assure you the best services within the reasonable prices! More About Business Closing Services : A private limited company is an artificial judicial person and requires various compliance like appointment of Auditor, regular filing of income tax return, annual return filing and more. Failing to maintain compliance for a Company could result in fines and/or department of the Directors from incorporating another Company. Therefore, if a private limited company has become inactive and there are no transactions in the company, then it is best to wind up the Company. To enable inactive private limited companies to quickly close or wind up, the Ministry of Corporate Affairs has introduced Fast Track Exit Mode - an easier way to close inactive companies at a cheaper cost with lesser formalities. A defunct company which has not carried out any business activity or operations for last one year or since incorporation and having NIL assets & liability can apply for striking-off of name under the Fast Track Exit Mode.
...moreaccounting & auditing services
We are a popular company based in Bhiwadi, Rajasthan, providing Accounting & Auditing Services. We provide different kinds of audits such as Statutory Audit Secretarial Audit Cost Audit Tax Audit. We guarantee that all audits are carried out by our team of experts and experienced professionals. Reports are prepared and presented to the client as needed. Clients can also request certain reports as per their requirement. Details : Statutory Audit Secretarial Audit Cost Audit Tax Audit
...moreBe first to Rate
Rate ThisOpening Hours