Company Incorporation in India through Enterslice

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Title: Company Incorporation in India through Enterslice


1
COMPANY REGISTRATION
2
What is Company Registration?
Under the Ministry of Corporate Affairs, every
company is to be registered by the registrar
office as per Companies Act.
This act maintains two types of companies called
private and public companies.
3
A Company Can Be Registered In The Following
Forms-
  • Private Limited Company
  • Limited Liability Partnership
  • One Person Company.
  • Producer Company
  • Public Limited Company

4
Private Limited Company - Private Limited
Company, the most popular legal structure for
businesses, should be chosen by anyone looking to
build a scalable business. Private Limited
Companies are those types of companies where a
minimum number of members is two and maximum
number is fifty.
One Person Company - One Person Company can be
formed by a single person and OPC gives a single
director to enjoy full control over the business.
Limited Liability Partnership - LLP combines the
benefits of both the Company Partnership into a
single form of association. The concept of LLP
has been introduced in India by way of Limited
Liability Partnership Act, 2008. It can be
registered with minimum two Partners.
5
Producer Company - Producer Company is defined
under the Companies Act and its object is
specified under section 581B. Producer Company
activities are related to production, grading,
pooling, handling, marketing, selling, and
packaging of produce, manufacture, the sale of
machinery etc.
Public Limited Company - A Public Limited
Company has more credibility and transparency in
business than a private limited company. Public
limited company has high financial exposure to
source capital from the Public as Equity or
debenture or deposit.
6
Advantages of a Private Limited Company
  • Shareholders have limited liability

  • Extra capital is available to fund expansion of
    the business
  • Continuity of existence

Disadvantages of a Private Limited Company
  • Costly to set up
  • A lot of legal requirements when forming a company
  • Shares cannot be transferred to the general
    public

7
Advantages of a Limited Liability Partnership
  • More financial capital
  • Combined managerial skills
  • Ease of starting
  • Tax breaks/advantages
  • Limited Liability for Limited Partners

Disadvantages of a Limited Liability Partnership
  • Unlimited Liability for general partners
  • Difficult to Raise Capital
  • Potential disagreements

8

THANK YOU
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