So you have finally decided for company formation in India and researched market. Now it’s time to make a decision regarding how to approach someone for company registration in Delhi. What is the best, most viable option for your company, your products, and yourself?
For formally foreign company registration in India, one need to fulfill many formalities. If we are right, in most cases it is necessary to obtain government approval for incorporating a company in India. It is must to seek formal advice before starting a company.
The following types of businesses are usually uses by foreign investors to set up a company in India.
Private Limited Company: A private limited company is a company limited by shares having a minimum of 2 and not more than 50 shareholders. A private company needs to have a minimum a paid-up share capital of Rs.1 lac. It cannot make invitation to the publc for subscriptionof shares or debentures and cannot make or accept deposits from public. Moreover, by virtue of its article of association, there is restriction on the free transferability of shares. The liability of each shareholder is limited to the extent of the unpaid amount of the face value of share and the premium thereon in the respect of the shares held by him. However, the liability of a director/manager of such private company at times can be unlimited.
Public Limited Company: A public limited company (PLC) is the legal designation of a limited liability company which has offered shares to the general public and has limited liability. A PLC's stock is offered to the general public and can be acquired by anyone, either privately, during an initial public offering or through trades on the stock market.
Other business forms:
- Liasion Office
- Project Office
- Branch Office
For more information:
AJSH & Co LLP. primarily operates from its head office located in New Delhi, India and has associated members working across India and in USA. Our aim is to provide best quality consultancy service at affordable prices to cater the specific requirements of our clients located in India as well as abroad.
AJSH & Co LLP. has a team of highly qualified and dedicated professionals comprising of Chartered Accountants, Company Secretaries, Certified Public Accountants (CPAs), Lawyers, MBAs etc. specialized in providing professional advisory services on setting up business in India including company formation, various forms of foreign direct investment, setting up partnership firms, project offices, branch offices and all other form of entities required to do business in New Delhi, Gurgaon or any part of India.
Please feel free to email sales team at E: anklit@ajsh.in, also reachable on Direct numbers or + 91 9810661322. Please feel free to visit at www.companyformationsservices.com
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