Wednesday, November 12, 2014

Diverse company incorporation services available for Indian and foreign clients

Starting a company and running it successfully needs lots of perspiration, planning and insight. A company run smoothly when everyone associated with it works in a desirable way. We have seen burgeoning of many companies and falling of certain companies in front of our eyes. There can be many reasons for the rise and fall of new companies and already established ones.

To run a company in a smart way you can ask the assistance of any of the consultancies that has showed good performance while offering various Company incorporation services. You can see many such consultancies across the country. No matter whether you are an Indian or a foreigner, you will get assistance in all the pre and post incorporation services as and when you want. To start a company in India you have to follow many rules and regulations. Not many are aware of all the rules and regulations that have to be followed in the country. Assistance from an expert panel of professionals is needed in such circumstances.


A panel of expert professionals can offer assistance in dealing with company incorporation, LLP incorporation, Trade mark and registration and deeds and agreement. When you are not done all these matters in a careful manner then have to face severe consequences. To avoid difficulties in dealing with these matters experts in the field have started offering diverse incorporation services for clients in India as well as U.S, China, Japan, Korea, Australia, Spain, Hungary and Germany. Clients from other countries get assistance in establishing a branch office, project office, liaison office or wholly owned subsidiary in India.

You can register a company as a private company or as a public company in the country. Company incorporation services registration in India are regulated by the 1956 Company Act. If you are planning to register as a private company then it should have at least rupees one lakh as minimum capital and should be formed with a minimum of 2 directors and 2 working members. For registering as a public company there should be a minimum capital of rupees five lakhs and a minimum of seven members and 3 directors. Other than these there are several other regulations for starting a company. Consulting with a certified consultancy allows in knowing more about the rules and regulations to be followed for beginning a company.

In India, you can start a new company in three steps. First step is to apply for DIN and DSC. After that you have to apply for a name. You can suggest a name, but there business should be any company in the same name. Then have to file different incorporation forms. Now you may think how easy it is to register a company in the country. By carefully examining the steps you will know it will take lot of time and effort to comply with rules and regulations. Various formalities have to be fulfilled in order to achieve the target. Only an expert can offer advices and assistance in the right time.

After completing the incorporation process, you have to carry out various other registration processes. This includes PAN registration, VAT registration, Service tax registration, professional tax registration, IE code and factory registration.

A certified account firm will provide both pre incorporation service and post incorporation service. Some of the post incorporation services include advice on company laws, tax filings, review of statutory registers, filing of annual returns, planning of corporate tax filing and dealing with bonus issues and share transfers. For NRIs such firms offer assistance in various banking transactions.

Check the type of service you wanted while planning to begin a new company.

More information visit: http://www.balakrishnaconsulting.com

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