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COMPANY FORMATION
We offer Incorporation / Formation Services for different types of entities including companies, partnership firms, Limited Liability Partnerships (LLP) etc.. We provide various major legal and secretarial services at the pre and post incorporation stage.
Our incorporation services include:
1. Obtaining Director’s Identification Number (DIN) for Directors
2. Seeking availability of Name of the Company – search and name approval
3. Obtaining Digital signatures
4. Drafting of Memorandum and Articles of Association
5. Support for document Notarisation, Legalisation, Attestations and Filing with Registrar of Companies.
6. Follow up with regulatory authorities till receipt of certificate of Incorporation
7. Support for Bank Account & Registered Office
8. FDI related compliance
Incorporation offers certain advantages to a company as compared with all other kinds of business organizations.
INDEPENDENT CORPORATE EXISTENCE: The main characteristic of a company is its independent corporate existence from its management and members. A company is an independent legal person.
LIMITED LIABILITY: The company, being a separate legal entity, leading its own business life, the members are not liable for its debts. The liability of members is limited by shares; each member is bound to pay the nominal value of shares held by them and his liability ends there.
PERPETUAL SUCCESSION: Company’s existence does depend upon existence of its members and hence enjoys a perpetual succession.
ADVANTAGE OF ASSETS:. The company is capable of holding and enjoying assets in its own name. No members, not even all the members, can claim ownership of any of the company’s assets.
CORPORATE TAX ADVANTAGE: As the companies are taxed separately from their owners, and the corporate tax rate is generally lower than the individual tax rate, incorporation may offer some fiscal advantages.
GREATER ACCESS TO CAPITAL: It is often easier for companies to raise money than it is for other forms of business.Companies may be able to borrow money at lower rates than those paid by other types of businesses, simply because financial institutions tend to see loans to companies as less risky than those given to other forms of enterprise.
BRAND BUILDING: Branding consists of the name, symbol, term, sign, design or any combination of these that identify the goods and services of the company. It differentiates the Company form of organisation from others. Branding is the visual voice of the company.
STRUCTURE: The activities of the company must be carried out by individuals who have an interest in the corporation and are entitled to act on its behalf. These individuals can be divided into three categories: