PREFERRED ENTITY FORMATION TO START BUSINESS IN INDIA

Idea of Business start with something to serve to society, to create demand. yes idea never start with 100% knowledge. even business idea need multiple revision before the execution of business. It may happen that when you come near to final idea you realized that it is completely different from the actual old idea. because when we work on idea and do polish our business idea it takes other dimension. when we arise at point where we can finally start the business. so now actual decision making of choices starts.

1. first thing is to decide where we want to setup our business. there are multiple option to choose which country (lets say we choose India), second choice which region in which we want our business can expand in greater demand. (lets select Gujarat) even then decision of CITY where we can have more demand of our service, when we supply service to the city it also covers near by and near to city. (lets say we serve in Ahmedabad). thus decision of place is more important when we want to start business.
2. secondly, Decision of Entity/firm/company type.
   • Which type of company we want to form for our business. for that you must consult chartered accountant or legal team advisor for selection of formation according to your business. according to current situation of startup only two forms are advisable:
     1. Professionals prefers Limited Liability Partnership (LLP) Registration ( Want to know more about LLP Registration please click here) when one or more partner are involved in business with pre decided terms. its basically advanced and balanced version of Partnership Firm.
     2. Another option is to start business with Company Registration (want to know more about Company Registration in brief please click here)
        • there are two options for company registration (1) Private Limited Company Registration and (2) Public Limited Company Registration

What is the difference between Private Limited Company and Public Limited Company

1. Where we want to have more investor from out side we advise to form public limited company
2. when we want to manage our company and want complete ownership without any dilution of share we advise to form Private Limited Company.
3. Minimum Two Directors required in Pvt. Ltd. Company Registration
4. Minimum Three Directors Required in Public Limited Company Registration.
5. Minimum Two Share Holders required in Private Limited Company where in public limited company seven share holders required.

Thus, Entity Formation is selection requires brief understanding and guidance by consultant of company formation/incorporation.

Some of the links where you can ask for consultancy for free. they are best consultant to provide guidance. if you want to read more or consult more please check that out.

1. FOR FORMATION OF LLP – LIMITED LIABILITY PARTNERSHIP
   • #LLPFORMATION
   • LLP REGISTRATION IN AHMEDABAD, GUJARAT, INDIA
   • LIMITED LIABILITY PARTNERSHIP REGISTRATION IN AHMEDABAD
   • LLP REGISTRATION CONSULTANT
2. FOR PRIVATE LIMITED COMPANY REGISTRATION
   1. #PVTLTDREGISTRATION
   2. #PRIVATECOMPANYREGISTRATION
   3. PRIVATE LIMITED COMPANY REGISTRATION IN AHMEDABAD
   4. PVT LTD COMPANY REGISTRATION IN AHMEDABAD
   5. PVT LTD COMPANY CONSULTANT
   6. PRIVATE LIMITED COMPANY FORMATION
   7. PVT LTD COMPANY INCORPORATION
3. FOR PUBLIC LIMITED COMPANY REGISTRATION
   1. PUBLIC LIMITED COMPANY REGISTRATION IN AHMEDABAD