How to choose a Business Structure?
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- How to choose a Business Structure?
Setting up a private limited company is one of the highly recommended ways to start a business in India. Start-ups and businesses with higher growth aspirations popularly prefer Private Company registration as a suitable business structure governed by the Ministry of corporate affairs (MCA). A private Company Registration requires a minimum of 2 and a maximum of 50 members. A private Company Registration must have minimum paid-up capital of Re. 1 or such higher amount as may be prescribed from time to time and has restricted the right of a member to transfer its shares.
At trustra advisory, we provide a cost-effective company registration service in India. You may learn how to register your business here. We take care of all legal formalities and fulfil the compliances, as defined by the Ministry of Corporate Affairs. Post-approval of the company registration process, you receive a Certificate of Incorporation (CoI), along with PAN, TAN, and Digital signature for two directors. Now, you can open a current bank account and begin your business operations