Starting a business can be a thrilling experience: interspersed with ideas and aspirations, one sets off to ensure their mark on the world. However, what is as essential as putting your business plan in motion is to decipher your startup through the legalities and administrative encumbrances. This is where the need for startup registration begins to matter. It is only after registering your startup that you will be getting the rights to operate legally, protect your brand, and gain several financial and operational benefits.
GTS Consultant offers startup registration services to facilitate entrepreneurs, allowing them to focus on what really matters: the growth of their business. Be it Bhiwadi or anywhere in India, our expert team will be working hard to make the registration process easy for you.
Why is startup registration important?
Startup registration is not just a formal requirement it would also be a smart move towards securing the interests of the business at hand.
why startup registration is important
- Legal Legitimacy: Registered businesses acquire a legal standing and would be free from problems with compliance.
- Brand Protection: Registration protects business names and identities from being copied or used by other firms.
- Funding Facilities: Registered businesses are preferred by investors and banks for loans and grants.
- Easier Taxation: Registered startups are entitled to certain types of tax advantages under the Startup India scheme.
- Better Credibility: A registered business proves to be more trustable for consumers, vendors, and business partners.
Types of startup registration in India
Some common types of registrations include:
- Sole Proprietorship: This is a competency-based form of registration that is also the usual choice for self-employed individuals.
- Partnership Firm: The business is run by two or more partners who agree to share the work and share profits or losses.
- Limited Liability Partnership (LLP): Provides the best of both partnerships and a private limited company, limiting the extent of personal liability.
- Private Limited Company: It is the most preferred type of business registration for startups, providing limited liability, separate legal identity, and ease in raising equity.
- One Person Company (OPC): Especially meant for single entrepreneurs who want to reap the benefits of the private limited company.
Steps to Register a Startup So here it is, your start-up registration,
which appears to be a chaotic process but can be made a piece of cake if one has the right guidance.
Here’s a step-by-step guide
- Obtain Digital Signature Certificate (DSC): This is a mandatory requirement for signing the electronic documents after registering the process.
- Apply for Director Identification Number: Individuals who intend to be directors in the organization.
- Name Reservation: Make sure that your business name is incorporated and complies with MCA standards.
- Draft Incorporation Documents: Draft those acts which are essential for the Memorandum of Article of Association and Articles of Association.
- File Incorporation Application: File an application for the incorporation into the MCA by the required documents by paying the fixed fees.
- Obtain a Certificate of Incorporation: Once the company is approved, the applicant gets the certificate showing that the company is now legally registered.
Easy Startup Registration with GTS Consultant At GTS Consultant,
we think you should be able to concentrate on making your dream business a reality without being faced with so much paper work. Therefore, we provide end-to-end startup registration service that is tailor-made for you.
- No Hassle: We do all work from choosing the right structure of business to filing the applications.
- Advisory Support: We have the expertise to advise you accurately in every step of your registration under different legal frameworks to comply with all local, state, and national laws.
- Economical Service: Our services have been framed so as to give maximum value without making a heavy pocket pinch.
Reasons to Partner with GTS Consultant Personalized Solutions
Each company being an individual, our services are tailor-made to fit your business requirements perfectly.
- Timely Processing: We value your time and ensure that our processing is done faster.
- Regulatory Updates: We follow up on regulatory changes and keep you updated on the status of your business's stay compliant.
The most notable advantages include
- Tax Exemption: Startups would be enjoying a 3 years long stretch of income tax holiday.
- Funding Support: Access to government funds and schemes like SIDBI Fund of Funds.
- Easier Compliance Norm: Startups will see the seed compliance reduced by transforming a way to make things easier.
- Evaluating Patents: Fast tracking the procedure of patent application with a fee-indexed to the scale of the business.
Conclusion
Registering your startup is the first step on the road to being a successful business; it legitimizes the operations of the business and opens doors for growth, funding, and recognition. GTS Consultant takes great pride in helping entrepreneurs in achieving their dream of setting up their business through expert startup registration services. So, ready to turn your business plan into reality? Visit our website gtsconsultantindia.com and let us start the exciting journey together! 4o
