Company Registration in Nungambakkam - Filingpoint
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Filingpoint Company Registration in Nungambakkam is a critical step for entrepreneurs who want to start a business in one of India's most thriving cities. However, it's crucial to have full knowledge of the benefits, types of companies, and registration process to ensure smooth and error-free execution.
Benefits of Company Registration in Nungambakkam
The most important reason for registering a business is to have a distinct legal entity which is separate from its promoters, shareholders or members. This protects the personal assets of the members in case of any financial liabilities. Another benefit of a registered company is the ability to raise funds through public offering and also provides tax advantages.
Besides, a private limited company provides higher credibility for businesses and helps in attracting better manpower. Additionally, it is easy to expand the operations of a private limited company as it allows for unlimited number of shares.
Registration Process of Company Registration in Nungambakkam
The registration process varies according to the type of company selected. There are various documents to be submitted for the purpose including proof of address of the registered office, passport size photographs of directors, PAN card, and ID proof of the directors. In addition, a declaration needs to be signed by the directors that they have read and understood the Memorandum and Articles of Association of the company. Finally, a fee is payable to the Registrar of Companies for the registration which varies depending on the slab of the authorised capital.
Contact Filingpoint Company Registration Expert +91 72999 72500
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