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COMPANY FORMATION MUMBAI CALL 9769797199
Services >> Consulting Services | Maharashtra»mumbai | 07-Nov-2011


Starting a new Business

The first question that comes to the mind is How do I start my new business,
What should be the capital, what should be the form of enterprise,
Whether a Private Limited Company/ LLP/ Sole Properitorship or Partnership

We will guide you phase by phase
"How to start your New Company"

For more details Check our page on Company Formation

Free Service
Check Name Availability Now


CompanyFormationMumbai Mumbai's Leading Company Formation Service "Come Grow with us..." >> Welcome To CompanyFormationMumbai              Contact Us 
Want to Register a New Company -

New Private Limited Company
New Public Limited Company
New Limited Liability Partnership
 
Our Services

Company Formation
LLP Registration
Registered Office Lease
Mergers & Amalgamation
Professional Directors
Off shore Company
Self Company
Corporate Secretariel Service
Company Stationery
Digital Signature Certificate
Corporate Consultancy

Who are we - We are one of the leading Company Formation Service Providers in industry.With years of experience we have build a strong position in the market. We understand that Client oriented service is the best service. For us money is the by-Product . Our achievement is Client satisfaction. 

Click Here for more information
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For more details call us
(+91) 9930810955
(+91) 8898460909

Free Consultancy
for your new Business
Click Here    

New Private Limited Company starting
at

Rs. 18,999

Phone              +91 9930810955
                    +91 8898460909  
     
Email us  Click Here
Our Services

Company Formation
LLP Registration
Business Registrations
Trademarks
Taxation
VAT Registration & Compliance
Service Tax Registration & Compliance
Company Secretarial Service
Chartered Accounting Service
Legal Services
Arbitration Services
Labour Law Services
What is the value addition when you work with us?

We can ensure you about the due compliance of accounting standards and tax
laws. We can ensure you about the accuracy of data. There will be timely and proper maintenance of records. There will be standardization of work and processes. You are getting professional service at reasonable cost.

  Company Formation Mumbai is an All business Essential services Provider; which takes over the complete burden of your Business.

There are chances that your books are not in order for reasons like lack of
time due to busy work schedule, difficulty in having skilled manpower at reasonable cost and also that you are not always conversant with complicated
Legal & accounting rules and norms.

What is a Private Limited Company?

A Private Limited Company is a Company limited by shares in which there can be maximum 50 shareholders, no invitation can be made to the public for subscription of shares or debentures, cannot make or accept deposits from Public and there are restriction on the transfer of shares. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. However, the liability of a Director / Manager of such a Company can at times be unlimited. The minimum number of shareholders is 2.

What is a Public Limited Company?

A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. However, the liability of a Director / Manager of such a Company can at times be unlimited. The minimum number of shareholders is 7.


What are the advantages of a Limited Company?

A limited company has following advantages:

Members' (the directors and shareholders) financial liability is limited to the amount of money they have paid for shares.

The management structure is clearly defined, which makes it easy to appoint, retire or remove directors.

If extra capital is needed, it can be raised by selling more shares privately.

The death, bankruptcy or withdrawal of capital by one member does not affect the company's ability to trade.
High status.

LIMITED LIABILITY PARTNERSHIP (LLP)


LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.
The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name.
The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP.
Further, no partner is liable on account of the independent or un-authorized actions of other partners, thus individual partners are shielded from joint liability created by another partner’s wrongful business decisions or misconduct.
Mutual rights and duties of the partners within a LLP are governed by an agreement between the partners or between the partners and the LLP as the case may be. The LLP, however, is not relieved of the liability for its other obligations as a separate entity.

Since LLP contains elements of both ‘a corporate structure’ as well as ‘a partnership firm structure’ LLP is called a hybrid between a company and a partnership.

 Structure of an LLP

LLP shall be a body corporate and a legal entity separate from its partners. It will have perpetual succession.

 Advantages of LLP form

LLP form is a form of business model which:
(i) is organized and operates on the basis of an agreement.
(ii) provides flexibility without imposing detailed legal and procedural requirements
(iii) enables professional/technical expertise and initiative to combine with financial risk taking capacity in an innovative and efficient manner

 Difference between LLP & a Company

A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 1956) whereas for an LLP it would be by a contractual agreement between partners.
The management-ownership divide inherent in a company is not there in a limited liability partnership.
LLP will have more flexibility as compared to a company.
LLP will have lesser compliance requirements as compared to a company.



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