Start-up Registration Consultants in Chennai
If you are planning to start your own business, you need to get all the paperwork and documentation done right. It is possible for you to get Start-up Registration in Chennai through the help of a registered consultant. Once you have all the required documentation, the authority will give you a Certificate of Registration. It is essential that you submit all the documents in the right order to avoid any discrepancies. Failure to do so can lead to a fine of 50% of your paid up capital, minimum of Rs.25,000, or even more.
A Start-up is a newly established business that offers a unique product or service. These companies are either developing new products or redeveloping existing products and services. A start-up company can be a private limited company, LLP, or partnership firm. Start-up companies qualify for Start-up benefits for up to 10 years and cannot have a turnover of more than 100 cores.
Among the many options, a start-up in Chennai can choose between sole proprietorship, LLP, or OPC/firm registration. All of these types of companies are required to have a registered bank account. In order to operate a business in Chennai, you need to file an e-form, which contains a new application for company numbers.
Start-up registration in Chennai is a completely online process, and a registered start-up can be up and running in a matter of weeks. The first step is selecting a name for your company. This is crucial for your company's first impression in the business world. Your chosen name should be unique and not similar to another company, trademark, or LLP.
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