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In India, Company registration is regulated by the Ministry of Corporate Affairs. Each state has its own Registrar of Companies (ROC). As per Section 609 of the Companies act, ROC Bangalore had been appointed. In this blog, we will discuss details about company registration in Bangalore.
For setting up a business in Bangalore, firstly entrepreneurs have to select the type of business entity such as:
If you wish to set up a business entity with one or more person and also want to raise money then Private Limited Company will be suitable for you.
In case you have enough money for investment and want the limited liability in the business then you should go for a Limited Liability Partnership.
If you wish to set up a business with 100% control without any director then you should go for One Person Company Registration.
With the Company Registration in Bangalore, a bank account can be opened which helps in separating personal activities and business related activities. It creates reliability for clients to make a payment on the name of the company.
With a company registration in Bangalore, the loan can be acquired in the name of the Company Registration in Bangalore. As creditors verify the incorporation documents.
A registered company creates a reputation among its customers rather than working on your own name.
A registered Company can hire full-time employees.
Here are the following advantages of Company Registration:
Currently, the Ministry of Corporate Affairs made the Private Limited Company Registration procedure quite simple and easy. Now Company can be incorporated within a week. Now Company Registration in Bangalore can be incorporated online without visiting any government office. For Company incorporation, documents are electronically filed with the Registrar of Companies.
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