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A company is an association of member who works together to earn the profit. A Company is different from its legal entity. It is an artificial person. Before getting into the registration of a Company or Private Limited Company Registration in Hyderabad first let me make you understand about the Memorandum of association and Article of Association of a company. MoA reveals the name, objectives, registered office, capital of the Company. It basically states the relationship of the Company with the outside world. AoA is the necessary documents to be given at the time of incorporation of a Company. AoA and MoA together form the backbone of the Company.
A Private Limited Company is the one which has limited shares and in which there can be a maximum of 200 shareholders and no invitation is made to the public for the subscription of shares. It is the most popular type of legal entity in our country. For private limited company registration in Hyderabad, a minimum of 2 shareholders and 2 directors are necessary. A Public Limited Company is the one which has limited shares but there is no restriction on the number of shareholders or transfer of shares or subscription of shares.
Hyderabad is a city of nizams known for its rich culture and colorful celebrations. It is also called as foodie's wonderland. Famous was it's world-renowned Biryani and other delicacies. The regional language of Hyderabad is Telugu which is one of the oldest languages of our country.
Company registration in Hyderabad is essential Here are a few reasons:
The Company is liable for all the losses incurred and not the private individual. A person alone is only responsible when he is doing any transaction at his own cost or anything. They have a limited liability concept. A company never dies with the death of the Company. It will usually survive the own existence and doesn’t get affected by the death of any person in the company. With the company registration in Hyderabad, shareholders can control the business of the Company. Shares can be transferred easily as it is easier to sell or buy a share in a Company rather than in a partnership interest.
With the company registration in Hyderabad, companies can raise its funds. Banks also prefer to provide funding to the Companies rather than a Partnership firm. Ownership can be easily transferred with transferability of shares. In a Private Limited Company consent of other shareholders is also necessary for the transferability of shares. Being an Artificial Person, it can acquire, own, enjoy and alienate its property in its own name. For registration of a Company, PAN card is also needed of the person.
There are 4 easy steps for the company incorporation in Hyderabad :
The minimum requirements for company registration Hyderabad are:
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The documents required for the company registration Hyderabad are:
A few advantages of a Company incorporation in Hyderabad are:
Ans: MoA is the charter of the which defines the relationship of the company with its shareholder. AoA is the by-laws of the company which defines the internal management of the company. Both MoA and AoA are constitutions of the company.
Ans: Director Identification Number is a unique number which is given to each and every existing director and as well as to proposed directors.
Ans: In acquisition is when one entity takes over the other entity. Mergers are when two or more entities join hands to form a new entity.
Ans: yes, it is possible for a foreign company to have its registered office.
Ans: Authorized capital is the maximum amount of capital which company is authorized to generate through shares. Paid up capital is the amount of capital received by the company from its shareholder in exchange for issuing of shares.
Ans: Following are certain documents which are required for the incorporation of a company:
Ans: Advantages of a Private limited company are: Stability due to Limited Liability, Long, and continuity of Existence, Minimum requirement of shareholders and members, Ease of Raising Funds, etc. Disadvantages of a Private limited company are: Shares cannot be sold on public stock exchanges, Limited growth and the restricted number of shareholders, etc
Ans: Company is an association of persons working for a common goal, whereas a sole proprietorship is an entity managed by a single person.
Ans: Types of companies you can register are :
One Person Company.
Private Limited Company.
Public Limited Company.
Limited Liability Partnership.
Ans: Nidhi companies are formed for the mutual benefit of its shareholders for the purpose of their mutual benefit. This type of companies is different from regular finance investment company or NBFC.