Tag Archives: #StartupLegalFramework

LLP or PVT ltd which is better for startup?

LLP or PVT Ltd Determining whether an LLP or Pvt Ltd (Private Limited) company is better for a startup depends on various factors and the specific needs of your business. Here are some factors to consider: 1. Liability Protection: Both LLPs and Pvt Ltd companies offer limited liability protection to their owners. However, Pvt Ltd… Read More »

What is sole proprietorship registration?

Registration of Sole Proprietorship  Sole proprietorship registration is the process of officially establishing and legalizing a sole proprietorship business. While the registration requirements can vary depending on the jurisdiction, the general steps involved in sole proprietorship registration are as follows: Choose a Business Name: Select a name for your sole proprietorship. You can use your… Read More »

What are the restrictions in private limited company registration?

Restrictions in Pvt Ltd Company Registration Restrictions in Pvt Ltd Company Registration, In India, registering a Private Limited Company is subject to specific restrictions, which are outlined below: For the formation of a Private Limited Company, it is necessary to have a minimum of two directors, while the maximum limit stands at 15 directors. Additionally,… Read More »

Self-registration LLP: Can I register an LLP by myself?

Self-registration LLP       Self-registration LLP: Limited Liability Partnerships (LLPs) have become a popular choice for entrepreneurs and small businesses due to their flexibility and tax advantages. Understanding LLP Formation LLP formation involves several steps, including choosing a business name, drafting a partnership agreement and filing registration documents with the appropriate government agency. While… Read More »

Can I open a Private limited company at my own residence?

Opening a private limited company at home  Opening a private limited company at home address is follow some steps: Address Proof: You must provide a valid address proof for the registered office of the company. You have the option to use either your residential address or any other accessible commercial address for the registered office… Read More »