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Private Limited Company
Simplest and a very popular form of Company Registration in India. Prices Starting from INR 7499/- only.
A Private Limited Company is a privately maintained small business existence, which is one of the highly recommended means to start a business in India.
Your LLP Now
Avail benefits of a Partnership & a Company, Register your Limited Liability Partnership Prices start from INR 7499/- only.
GeTAX provides reliable service for LLP Registration. As the name suggests, Partners or "Members" as they are sometimes called, are shielded with "Limited Liability".
Public Limited Company
Wish your shares to be freely traded & sold in the public ? Public Limited Company is for you. Prices Starting from INR 29999/- only.
Public limited companies enjoy all the rights of a corporate entity with limited liabilities and it is an ideal choice for the small and medium scale enterprises who wish to raise the equity capital from the general public.
Your OPC Now
All alone to start a venture and wish to limit liability too? OPC Registration is for you. Prices Starting from INR 6499/- only.
An OPC is a business structure that enjoys the benefits of both forms of business, i.e., a sole proprietorship and a company.
Your Partnership Firm Registration
Do you have partners to share the profits and losses? Register Partnership Firm at INR 2499/- only.
A Partnership refers to a business structure that attracts minimal risk & has better legal stability. A partnership firm is formed by two or more people with the help of a partnership deed.
Your Sole Proprietorship
Own your venture wholly. Give wings to your entrepreneurial dreams. Start your business at INR 1999/- only
Sole Proprietorship is arguably one of the most popular business structures in India. Unlike other companies, it adheres to minimal compliances that make the business journey more seamless. It is a kind of business structure where one person is responsible for handling the entire business affair.
Your Nidhi Company Now
Have an objective of developing the habit of thrift and reserve funds amongst its members? Nidhi Company is for you. Prices starting from INR 19999/- only.
A Nidhi Company belongs to the non-banking financing companies. Registration of the Nidhi Company allows it to borrow from its members and lend to its members.
Your Producer Company
Wish to engage in activities relating to Produce (grown or produced) in farming? Producer Company is for you. Prices start at INR 19999/- only.
A Producer Company is a company, formed with an objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit.
An NGO Now
Aiming for promoting objectives like sports, education, research activities? Section 8 Company is for you. Prices Start at INR 12,999/- only.
A non-profit Company can be registered under section 8 of the Companies Act with the Registrar of Companies.
Private Limited Companies in India are best for businesses that require Private Company Registration as private entities. In this type of company, a group of shareholders distribute the liability amongst themselves to help protect their personal assets. The total capital of this type of business is the total of all the shares held by each member of the company. Also, the business & personal assets of the members are considered separate, allowing for better security & protection. The shares of such type of company cannot be publicly transferred or traded.
LLP stands for Limited Liability Partnership is a new & different type of Company in India. LLPs are flexible legal & tax entity that allows partners to benefit from economies of scale by working together while also reducing their liability for the actions of other partners.
One Person Company is a company registered by a single person. Before the enforcement of the Companies Act, 2013, a single person or individual could not establish a Company. If a person or an individual wanted to establish their business, then they could opt only for a sole proprietorship as there had to be a minimum of 2 directors & 2 members to establish a company. According to Section 2(62) of the Companies Act, 2013, a Company can be formed with just one Director & one Member. It’s a form of a Company where the compliance requirements are lesser than that of a Private Company.
A Public Limited Company is the best suited business structure for entrepreneurs who are planning for large scale business operations in India. To register a Public Limited Company there should be a minimum of 7 members & there is no such limit on the maximum number of shareholders for commencing a Public Limited Company.
| S.NO. | Components | Private Limited Company | Limited Liability Partnership | ONE PERSON COMPANY (OPC) Pvt Ltd | SOLE PROPRIETORSHIP | PARTNERSHIP FIRM |
|---|---|---|---|---|---|---|
| 1 | Registration | Private Limited Company will be registered under Ministry of Corporate Affairs under the Companies Act, 2013. | It will be registered with the Ministry of Corporate Affairs under the LLP Act 2008. | One Person Company will be registered under Ministry of Corporate Affairs under the Companies Act, 2013. | There is no formal registration in Sole Proprietorship. | A Partnership Firm can be registered or unregistered. Registration of a Partnership Firm is discretionary. Whenever enrolled, Partnership is enlisted under the Partnership Act, 1932. |
| 2 | Name of Entity | The decision of name given by the Promoter should be endorsed by the Registrar of the Company. Just names that are not indistinguishable/like a current organization or LLP name and names that are not hostile or unlawful would be permitted. The name of the substance will end with the words “Private Limited Company”. | The decision of name given by the Promoter should be endorsed by the Registrar of the Company. Just names that are not indistinguishable/like a current organization or LLP name and names that are not hostile or unlawful would be permitted. The name of the entity will end with the words “Restricted Liability Partnership” or “LLP”. | The decision of name given by the Promoter should be endorsed by the Registrar of the Company. Just names that are not indistinguishable/like a current organization or LLP name and names that are not hostile or unlawful would be permitted. The name of the entity will end with the words “Restricted Liability Partnership” or “LLP”. | The Promoter’s decision of name can be utilized for the Proprietorship. No endorsement is vital for utilizing name; in any case, it is a great idea to stay away from reserved names. | The Promoters decision of name can be utilized for the Partnership. No endorsement is important for utilizing name; be that as it may, it is a great idea to maintain a strategic distance from reserved names. |
| 3 | Legal Status of Entity. | Private Limited Company is a different legitimate entity registered under the Companies Act, 2013. The Directors and Shareholders of a Private Limited Company are not actually subject for the liabilities of the Company. | LLP is a different legitimate entity enrolled under the LLP Act, 2008. The accomplices of a LLP are not by and by at risk for the liabilities of the LLP. | One Person Company is a different lawful entity under the Companies Act, 2013. The Director and Nominee Director of a One Person Company are not actually at risk for the liabilities of the Company. | Proprietorship isn’t perceived as a different lawful element and the Proprietor is actually at risk for the liabilities of the Proprietorship. | Partnership isn’t perceived as a different lawful substance and the Partners are actually at risk for the liabilities of the organization. |
| 4 | Member(s) Liability. | Investors have limited liability and are subject just to the extent of their share capital. | Accomplices have restricted obligation and is at risk just to the degree of their commitment to the LLP. | Director and Nominee Director have limited liability and are subject just to the extent of his/her offer capital. | Proprietor has limitless Liability and is answerable for all the liabilities of the Proprietorship. | Partners have limitless risk and are liable for all the liabilities of the Partnership. |
| 5 | Minimum No of Members. | At least two people are needed to begin a Private Limited Company. | At least two people are needed to begin an LLP. | At least two people are needed to begin a One Person Company, via. Chief and Nominee Director. | Can have just a single individual as member. | At least two people are needed to begin a Partnership. |
| 6 | Maximum No of Members. | A Private Limited Company can just have a limit of 200 investors or individuals. | An LLP can have limitless number of Partners. | A One Person Company can have just two individuals, via. Chief and Nominee Director. | Can have just a single individual as member. | The most extreme number of accomplices can be just 20. |
| 7 | Foreign Ownership. | Foreigners are permitted to put resources into a Private Limited Company under the Automatic Approval course in many areas. | Outsiders are permitted to put resources into an LLP just with earlier endorsement of Reserve Bank of India and Foreign Investment Promotion Board (FIPB) endorsement. | Chief and Nominee Director can’t be Foreigners. | Foreigners are not permitted to begin a Proprietorship. | Foreigners are not permitted to begin a Proprietorship. |
| 8 | Transferability | Transferrable | Non- Transferable | Transferrable Only if Registered Under Registrar of Firms | ||
You may select any of the following options for your company registration in India: