Useful Guide to Easy Company formation in Pune
Initiation of company registration is an important aspect for any entrepreneur to set up a business. A business has to comply with all the legal requirements before launching it in the market. New company registration services and filling is a monotonous process which requires precision and proper documentation. A company registration process must be done under expert guidance for error-free and speedy registration.
Legalway LLP is a leading legal business advisory company in Pune, helping companies to register themselves and guide them in formation of a company. Types of company registration services provided by Legalway LLP:
> Private Limited Company is the most popular form of corporate legal entity in India which requires minimum two directors. Private limited company registration is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014.
> One Person Company was introduced in India via the Companies Act of 2013 in order to support the entrepreneurs who are capable of starting an entity or venture on their own. This act allows them to create an economic entity on their name. The biggest advantage of starting an OPC is that it requires only a single person as compared to other options.
> Limited Liability Partnership (LLP): The company registered as LLP has an advantage that one partner will not be held responsible or liable for another partner’s negligence, misconduct or any type of legal fault. The minimum time taken to complete the registration of an LLP is approximately 15 to 20 working days which are subject to government processing time and client document submission.
> Public Limited Company is a voluntary association of members that have an independent legal existence and liability of whose members are limited. It can either be an unlisted company or listed one on the stock exchange. It enjoys wide range of options to raise funds through bank loans, the general public and institutional investors.
> Partnership Firm: The partnership is simply a business structure that has two or more individuals that can manage and operate the business in accordance with the objectives and terms. It is owned, controlled, and managed by an association of people for profit.
> Sole Proprietorship: It is a type of business entity which is owned, managed, and controlled by a single person. This business owner is called as Sole Proprietor of the firm.
Documents required for the process.
The registration process takes about 8-10 working days subject to government approval. It is also depends on the type of company registration and its working model.
– Photograph of all the Directors.
– PAN Card of all the Directors.
– ID Proof of all the Directors (Driving License/Passport/Voter ID).
– Electricity Bill or any other utility bill for the address proof of the Registered Office.
Easy company formation in Pune:
The Registrar of Companies (ROC) is an office under the Ministry of Corporate Affairs (MCA). This office trades in company administration and Limited Liability Partnerships in India. Every state in India has one ROC, however Maharashtra and Tamil Nadu have two ROCs. For the formation of a company, approval from ROC is required. The ROC provides incorporation certificate which is a conclusive evidence of the existence of any company.
Pune being the hub of start-ups and set up of large MNCs is a favourable city to form a company with all resources available in its proximity. The Registrar Of Companies ROC office is located in Pune : PCNTDA Green Building, BLOCK A, 1st & 2nd Floor, Near Akurdi Railway Station, Akurdi, Pune – 411044. One can visit their office to register their company in Pune.
Conclusion
Company registration has now become a completely online process. You can register your company in Pune from any location in India. Legal Way is an eminent platform for all types of ideas and progressive concepts that need end-to-end incorporation, advisory, compliances, and management consultancy services. Establishing a registered company is a seamless, easy and the cheapest process with Legal Way. Get a free consultation for registration and form a company in Pune with us by scheduling an appointment, today.
