Logo

For Indian Owners

Definition

The owner is an individual who owns and operates the business or company and makes all important decisions for the business with the aim of earning profit from the business operations.

Service Planing

Importance

  • To have the authenticated documents in hand.
  • A registered business promotes brand recognition and helps in sustainability.
  • Registering in a business or a company is also required in case of transferring the ownership.
  • It helps in securing investment and to move your business forward smoothly.

Benefits

  • This service provides the owner with a document of a separate legal entity that has real existence.
  • It gives the right of the continuous existence of a company till it is dissolved legally.
  • It offers liability protection to protect the company’s assets.
  • Helps in procuring bank credits and good investment from reliable investors.
  • Helps in expanding the business and productivity in a legal way.

Eligibility

  • Requirement of minimum 2 shareholders and 2 directors (may differ according to the type of business).
  • At least one of the directors or partners should be an Indian resident.
  • Must have a registered office address within India.
  • This service requires minimum authorized capital amounting to at least Rs. 1 Lakh(may exceed based on the business size).
  • If it is a partnership service, then it must have a registered partnership deed signed by all partners.
  • Any adult person who has attained the age of 18 years can apply for this service.

Sub Categories

Need Help?

Speak with a human to filling out a form? call corporate office and we will connect you with a team member who can help.

+91-7471106623

+91-8770206623

Fill Form


Subcategory

Indian Owner

1. Proprietorship Registration

A sole proprietorship must get the Registration Certificate under the Shops and Establishments Act of the state where the business is located, among other fundamental registrations.

Need

  • The business of proprietorship is easy to establish.
  • It is a one-person company that makes the proprietor eligible for the entire profit’s gains.
  • The proprietor can make a contribution to various provident funds, life insurance premiums, also to the subscription to certain equity shares or debentures.
  • No Auditing requirement for the low-income firm.
  • No requirement of filing a separate tax return for the Sole Proprietorship firm.

Document Required

  • Aadhar Card
  • PAN Card
  • Bank Account Details
  • Registered office proof
  • SME Registration
  • GST Registration
  • Shop and Establishment Act License

2. Partnership Registration

The partnership firm refers to the relationship between two or more persons who have agreed to share the profits and losses of a business managed by all of them or any one of them acting for all.

Need

  • Right to file a suit against the said firm or any partner within the firm.
  • Right to file a suit against a third party when the registration of the firm is done.
  • The firm can claim a set-off under a registered partnership firm.

Document Required

  • Application for registration (Form 1).
  • PAN card of all the partners.
  • Address proof of the firm (Ownership documents/rental/lease agreement).
  • Certified original copy of partnership deed signed by all the partners.
  • Specimen of an affidavit.

3. One person Company

A company formed with only single person as a member is known as one person company.

Need

  • The liability of shareholder/ director is limited.
  • On the death/disability company can succeed by nominee.
  • It provides legal status and social recognition for your business as a separate legal entity.

Document Required

  • PAN Card.
  • Passport size photograph of the owner.
  • Aadhar Card/ Voter identity card.
  • Copy of Property papers (If owned property) .
  • Landlord NOC (Format will be provided).
  • Address proof of Directors and Shareholder (bank statement/Electricity/Telephone/Mobile bill).
  • Proof of Registered office.
  • Conveyance/ Lease deed/Rent Agreement etc. along with rent receipts (anyone).
  • Telephone/Gas/Electricity bill (anyone).
  • NOC from Landlord.
  • Digital Signature Form.
  • INC9 Declaration of Promoter.
  • Declaration of Promoter-Non Deposit under FEMA and SEBI.
  • DIR2 – Consent of the Director.
  • MOA and AOA.

4. Limted Liability Parternship

LLP refers to the business which combines the flexibility of partners and the benefits of limited liability of a company at a very minimal cost of compliance.

Need

  • An LLP has a separate legal entity.
  • The liability of the partners is limited to the contributions made by them.
  • The cost of forming an LLP is low compared to the cost of incorporating a public or private limited company.
  • The LLP can be formed without any minimum capital.

Document Required

  • For partners- Identity proofs and PAN cards of all partners.
  • Address Proofs include (Voter ID, passport, and driving license) ✓ Passport size photograph.
  • Passports of NRIs and foreign nationals who wish to become partners in an LLP.
  • For LLP- Digital Signature Certificate (DSC).
  • Address proof of the registered office.

5. Private limited company

A Private Limited Company is a company which is privately held for small businesses with Limited Liability or Legal Protection for its shareholders.

Need

  • A Private Limited Company is a separate legal identity in the court of the law.
  • Raise funds from Venture Capitalists or Angel investors.
  • Free & Easy transfer of shares to any other person.
  • A Private Limited Company has ‘Perpetual Succession which is continued until it is legally dissolved.
  • Allows FDIs and builds credibility.

Document Required

  • PAN Card of shareholders and Directors.
  • Passport size photograph of Shareholders and Directors.
  • Identity Proof of the shareholders and directors.
  • (Aadhar card and Voter ID/ Passport/ Driving License).
  • Director’s Address Proof (Latest Telephone Bill /Electricity Bill/ Bank Account Statement).
  • Address proof of registered office (Electricity Bill/ Telephone director).
  • In case the direct is a foreign national- Passport.
  • Address proof (driving license, residence card, bank statement).

6. Co-operative society registration

Cooperative society is the voluntary association of people which is formed for mutual assistance of its members.

Need

  • Easy to Form
  • Open Membership
  • Democratic Management
  • Limited Liability
  • Stability
  • Economical Operations
  • Government Patronage

Document Required

  • Form A.
  • List of promoter members.
  • Bank certificates.
  • Detailed explanation of working of the society.
  • Four copies of the proposed by-law of societies.
  • Proof of payment of registration.
  • Other documents (like affidavit etc).

7. Co-operative Maintanence society registration

Cooperative society is the voluntary association of people which is formed for mutual assistance of its members.

Need

  • Easy to Form
  • Open Membership
  • Democratic Management
  • Limited Liability
  • Stability
  • Economical Operations
  • Government Patronage

Document Required

  • Form A.
  • List of promoter members.
  • Bank certificates
  • Detailed explanation of working of the society.
  • Four copies of the proposed by-law of societies.
  • Proof of payment of registration.
  • Other documents (like affidavit etc).

8. Housing Co-operative society registration

A housing cooperative society is a legally incorporated group of persons, who are united voluntarily to meet their common economic, social, and cultural needs. These societies are formed to provide residential houses to members.

Need

  • No legal formalities are required for the formation of cooperative society.
  • No obstruction for membership.
  • The liabilities of the members of the society are limited to the extent of capital contributed by them Cooperative society members are provided with better good and services at reasonable prices.

Document Required

  • List of all the members.
  • PAN card.
  • Residence proof of members.
  • Address Proof.
  • Covering letter.
  • Self Declaration.
  • Rules and regulations of the society.

9. PAN Card Aadhar Registration

PAN Card is issued by the ITD in order to prevent tax evasion by individuals and entities as it links all financial transactions made by a particular individual or entity.

Need

  • IT Returns Filing.
  • Opening a bank account.
  • Buying or selling a motor vehicle.
  • Applying for a credit or debit card.
  • Purchase of jewellery.
  • Making Investments.
  • Proof of Identity.
  • Foreign Exchange.
  • Property.
  • Loans.
  • Fixed Deposits and cash deposits.
  • Insurance Payments.

Document Required

  • Mobile no.
  • Email ID
  • Postal address details

10. Public limited company

A public limited company is a voluntary association of members that are incorporated and, therefore has a separate legal existence, and the liability of whose members is limited.

Need

  • Public Limited Company can raise a tremendous measure of capital.
  • Public Limited Companies have an extensive number of investors.
  • It has Limited Liability.
  • Economies of Large-Scale Operations.

Document Required

  • Proof of identity of all the shareholders and directors.
  • Proof of address of all the directors and the shareholders.
  • PAN number of all the shareholders and directors.
  • Utility bill of the proposed office i.e. proposed registered office for the company.
  • A NOC (No Objection Certificate) from the landlord
  • Director Identification Number (DIN) of all the directors.
  • Digital Signature Certificate (DSC) of the directors.
  • Memorandum of Association (MOA).
  • Articles of association (AOA).