1 / 8

Starting a Company in India: A Guide to Incorporation

Starting a company can be an exciting venture! Altavis Pvt. Ltd. outlines the first steps for incorporation that include choosing between three types of entities: Sole Proprietorship, Partnership, and Private Limited Company (Pvt. Ltd). A Sole Proprietorship is solely owned by one person, while a Partnership involves two to twenty members. Private Ltd. Companies operate under the Indian Companies Act, 1956. Key requirements include a registered business name, office, at least two shareholders, minimum capital of Rs. 100,000, and necessary legal documents.

varian
Télécharger la présentation

Starting a Company in India: A Guide to Incorporation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Starting a Company? Altavis Pvt Ltd July 2011

  2. First Step: • Incorporation • 3 types of Entities: • Sole Proprietorship • Partnership • Public or Pvt Ltd Company

  3. Sole Propreitership A business enterprise exclusively owned, managed and controlled by a single person with all authority, responsibility and risk.

  4. Partnership It is an extension of Sole Propreitership entity. At least 2 members are required to start a partnership businessand maximum of 20.

  5. Private Ltd Co. The companies in India are governed by the Indian Companies Act, 1956. The Act defines a company as an artificial person created by law, having a separate legal entity, with perpetual succession and a common seal.

  6. Requirements for Pvt Ltd Co. • Registered Business name • Registered Office • 2-50 Shareholders • Minimum Share Capital of Rs. 100,000/- • Memorandum of Association • Articles of Association • Certificate of Incorporation

  7. Thank You

More Related