Most Important Facts Before Setting Up a New Business in India :

In this era of growing business every person want to do business without having knowledge about the procedure and requirement from very basis level to high level. But we can register different form of business in India according to their investment capacity and goal of business e.g. Proprietorship Company Registration or Public Limited Company Formation or Private Limited Company Registration or Section 8 Company Registration or One Person Company (OPC) Incorporation or LLP registration or Partnership firm Registration. Legal requirement to form a Business is different for different form of Business Registration e.g. at least Two person required for Private limited company formation whereas there required at least seven person for public limited company registration but only one person required for OPC company registration.

 It’s all depends upon how many person are involved for start of new business and what is purpose of the proposed company. For setting up a business in India, there required to analysis all the documentation and legal compliance required for successful running business. Company registration is not only the solution for growth of business over company year. We must understand annual compliance, tax regime and other formalities and legal required for running a successful business.