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Why company registration is essential?
Admin Mar 11, 2024 09:53 PM

1.      Legal Protection: It gives your business a legal identity separate from your personal life. This means if your business faces any legal issues or debts, your personal assets like your house or car are protected.

2.      Trust and Credibility: Being a registered company makes your business look more trustworthy and professional to customers, suppliers, and investors. It shows that you're serious about your business.

3.      Access to Funding: Banks and investors are more likely to lend money or invest in a registered company because they see it as a safer bet with clear rules and regulations.

4.      Tax Benefits: Registered companies often get tax benefits or incentives that can help you save money and grow your business faster.

5.      Continuity: Your business can keep running even if you, as the owner, change or leave. This gives your business stability and ensures it can continue to grow over time.

6.      Protects Your Ideas: If you have any unique ideas, inventions, or brand names, registering your company can help protect them legally.

Overall, company registration provides a solid foundation for your business, protecting you legally, building trust with others, and giving you access to resources that can help your business thrive.

 

   Basic Documents Requirement for Company Registration

1.         Minimum 2 Director

2.         DSC (Digital Signature) of all Director

3.         KYC of all Directors

4.         Last 3 Month bank statements of all Directors

5.         Office Address (Electricity Bill/Telephone Bill, Land Documents)