New Company Registration of Leading Consultant in Chennai India

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In order to operate legally, a company needs to be registered in India. The registration rules were formulated in the 1956 Company Act. The current rules govern business registration and apply the same to the state of Chennai. The process of registering a company is complicated, and a leading consultant can help you navigate the process. The following are some helpful tips for choosing a name for your new business.

First, get an identity proof, such as a driver's license. If you do not have one, you will need to get an address proof as well. Besides, you need to present your bank statement and a current utility bill. Additional documents, such as an Aadhaar card, are required. In addition, all types of companies in India are required to be registered under the Company's Act. E-commerce, which is burgeoning in India, does not require a physical address, but does require a physical address. Initial formalities can take a few days, but the benefits outweigh the risks.

If you are looking to register a business, you should choose the right type of company. While you can run a business on your own, a company will give you a greater sense of security. You can choose between private and public companies. In India, private companies are owned by one or more individuals. They have fewer than 200 owners and enjoy all of the rights of a registered company. However, a private company is not liable to the public in any way.

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