Business Registration Service

We help our customers in selecting appropriate form of business available in India. Each form of organization has its own merits and demerits. The choice of business is governed by several interrelated and interdependent factors:- Nature of the business: Businesses providing direct services like tailors, restaurants and professional services like doctors, lawyers are generally organized as proprietary concerns. While, businesses requiring pooling of skills and funds like accounting firms are better organized as partnerships. Manufacturing organizations of large size are more commonly set up as private and public companies. Scale of operations: Volume and size of the market area (local, national, international) served are the key factors. Large scale enterprises catering to national and international markets can be organized more successfully as private or public companies. Small and medium scale firms are generally set up as partnerships and proprietorship. Capital Requirement: It is also a key factor in deciding form of the business. Organization with higher fund requirement may be converted to Private or Public Limited Company. Operating cost of Form: Recurring cost for the form of business is also important consideration when business scale is not high. As in the case of Companies recurring cost will be higher due to various Audits and filing requirements by ROC but same will be lower in case of Partnership and proprietorship. Tax liability: Direct Tax Liability will be higher in case of companies due to flat rate but same will be lower in case of proprietorship firm.