COMPANY NAME REGISTRATION IN COIMBATORE

We involved with a number of Company Name Registration in Coimbatore India for start-up businesses, when setting up and registering a company/business there are several different legal structures available, if you’re looking to register a company, we’ve got all the information you need to help you about whether to form a limited company, partnership or as a sole proprietor.

The following are the various types of business may be set up as, a sole proprietor, as a partnership or as a limited liability partnership (LLP). Or limited liability company Each format has its advantages and disadvantages, we provides an expert service for all your company formation and company law requirements and there are more details about these types of companies

All the choices you make when starting a business, one of the most important is the type of legal structure you select for your company. Not only will this decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money

The following gives a brief guide to the various types of companies that can be incorporated in the india and their various principal characteristics. 

Types of Business Entities
The type of business entity you choose will depend on three primary factors: liability, taxation and record-keeping.

A sole proprietorship is the most common form of business organization in india. It's easy to form and offers complete managerial control to the owner. However, the owner is also personally liable for all financial obligations of the business.
 

A partnership involves two or more people who agree to share in the profits or losses of a business. A primary advantage is that the partnership does not bear the tax burden of profits or the benefit of losses-profits or losses are "passed through" to partners to report on their individual income tax returns. A primary disadvantage is liability-each partner is personally liable for the financial obligations of the business.
 

A Limited Liability Company is a legal entity that is created to conduct business. The Limited Liability Company Name Registration in Coimbatore is an separate legal entity, Like a person, the company can be taxed and can be held legally liable for its actions. The company can also make a profit. The key benefit of corporate status is the avoidance of personal liability. The primary disadvantage is the cost to form a company and the extensive record-keeping that's required.