{"id":1861,"date":"2023-01-05T09:04:44","date_gmt":"2023-01-05T09:04:44","guid":{"rendered":"http:\/\/soumyasolutions.com\/?page_id=1861"},"modified":"2023-01-05T20:51:35","modified_gmt":"2023-01-05T20:51:35","slug":"firm-registration","status":"publish","type":"page","link":"https:\/\/soumyasolutions.com\/index.php\/firm-registration\/","title":{"rendered":"FIRM REGISTRATION"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1861\" class=\"elementor elementor-1861\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-66a2108 elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-items-middle wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"66a2108\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e7874c1\" data-id=\"e7874c1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57ea17a elementor-widget elementor-widget-heading\" data-id=\"57ea17a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FIRM REGISTRATION <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-251606b elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"251606b\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c8a1758\" data-id=\"c8a1758\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4230f1c elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"4230f1c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-bb0ef53\" data-id=\"bb0ef53\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-72447e4 animated-slow elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"72447e4\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Firm Registration<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6948f80 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"6948f80\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wWOJcd\" tabindex=\"0\" role=\"button\" aria-controls=\"exacc_XJe2Y-zaGISuseMP2qa86Ac_2\" aria-expanded=\"true\" aria-labelledby=\"exacc_XJe2Y-zaGISuseMP2qa86Ac_1\"><div class=\"r21Kzd\" data-hveid=\"CAEQAQ\" data-ved=\"2ahUKEwjs-Nb4jbD8AhUEV2wGHVoTD30Quk56BAgBEAE\">Business registration is required by law. This type of registration <b>allows the public to know who is operating a company<\/b>. By registering a business, you are ensuring no one else can operate a company under the same structure.<\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34e94ac elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"34e94ac\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ffcbe13\" data-id=\"ffcbe13\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-702f079 animated-slow elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"702f079\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Types of Firm Registration:<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4db5043 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"4db5043\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u00a0<\/p><ul><li><strong>Proprietorship<\/strong><\/li><\/ul><p>Proprietary companies are run by individuals , these companies are not abide by any law or striction to run their business. They can set their own laws to run the company.<br \/>Mostly proprietary conpany will go for MSME\/ Aadhaar udyog certification to Register their company.<\/p><ul><li><strong>Partnership<\/strong><\/li><\/ul><p>Simple partnership companies are run by two or more individuals . They have simple agreement between them regarding thier investment and profit sharing.Simple partnership company doesn&#8217;t come under minister of corporate affairs .<br \/>The procedure to form Simple partnership is easy , it doesn&#8217;t requires any professional to executive it.<\/p><ul><li><strong>One Person Company<\/strong><\/li><\/ul><p>One Person Company means a Company which has only one person as its member. An OPC is effectively a company that has only one shareholder as its member.<\/p><ul><li><strong>Limited Liability Partnership<\/strong><\/li><\/ul><p>\u2022 LLP is a corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.<br \/>\u2022 LLP is capable of entering into contracts and holding property in its own name.<br \/>It can continue its existence irrespective of changes in partners.<br \/>\u2022 The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP. \u2022 In LLP individual partners are shielded from joint liability created by another partner\u2019s wrongful business decisions or misconduct, Further, no partner is liable on account of the independent or un-authorized actions of other partners.<br \/>\u2022 Mutual rights and duties of the partners within a LLP are governed by an agreement between the partners or between the partners and the LLP as the case may be. The LLP, however, is not relieved of the liability for its other obligations as a separate entity, LLP is called a hybrid between a company and a partnership, Since LLP contains elements of both \u2018a corporate structure\u2019 as well as \u2018a partnership firm structure&#8217;.\u00a0<\/p><ul><li><strong>Private Limited Company<\/strong><\/li><\/ul><p>A Private Limited Company is a business entity registered in minister corporate affairs by a small group of people called share holders.. It is registered for pre-defined objects.<br \/>In private Limited company the shatre holder can&#8217;t sell the share to public, Startups and businesses with higher growth aspiration popularly choose Private Company as suitable business structure.<br \/>To form a private limited company, minimum 2 members are required and maximum 50 members are allowed<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ee5ac1 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"5ee5ac1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ada4058\" data-id=\"ada4058\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4f94a17 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"4f94a17\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div id=\"_4pW0Y7TOFfzD4-EPqa2k2AU_27\" class=\"mWyH1d FXMOpb\" tabindex=\"0\" role=\"button\" aria-controls=\"_4pW0Y7TOFfzD4-EPqa2k2AU_26\" aria-expanded=\"true\"><div class=\"pbzEKc Wt5Tfe eJtrMc IZ2yBe\"><div class=\"Zh9jr OSrXXb\"><p class=\"title_div\"><strong>Benefits of Company Registration:<\/strong><\/p><p>Registering a company offers many benefits.\u00a0A registered company increases the authenticity of your business. It helps your business:<\/p><ul><li>Shield from personal liability and protects from other risks and losses<\/li><li>Attract more customers<\/li><li>Procure bank credits and good investment from reliable investors with ease<\/li><li>Offers liability protection to protect your company\u2019s assets<\/li><li>Greater capital contribution and greater stability<\/li><li>Increases the potential to grow big and expand<\/li><\/ul><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section 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particle-source=\"wpr_particle_json_custom\" class=\"elementor-section elementor-top-section elementor-element elementor-element-77a3a0c70 elementor-section-height-min-height wpr-particle-yes elementor-section-boxed elementor-section-height-default elementor-section-items-middle wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"77a3a0c70\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1d08ec98\" data-id=\"1d08ec98\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6a1ebd8b elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"6a1ebd8b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-11ae254f\" data-id=\"11ae254f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-33073a45 wpr-fancy-text-clip wpr-advanced-text-style-animated wpr-animated-text-infinite-yes elementor-widget elementor-widget-wpr-advanced-text\" data-id=\"33073a45\" data-element_type=\"widget\" data-settings=\"{&quot;anim_loop&quot;:&quot;yes&quot;}\" data-widget_type=\"wpr-advanced-text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\t\t<h3 class=\"wpr-advanced-text\">\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t<span class=\"wpr-advanced-text-preffix\"><br><\/span>\n\t\t\t\n\t\t<span class=\"wpr-anim-text wpr-anim-text-type-clip\" data-anim-duration=\"1000,2000\" data-anim-loop=\"yes\">\n\t\t\t<span class=\"wpr-anim-text-inner\">\n\t\t\t\t\t\t\t\t\t<b>GET YOUR <\/b>\n\t\t\t\t\t\t\t\t\t<b>GST REGISTRATION TODAY..<\/b>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"wpr-anim-text-cursor\">|<\/span>\t\t<\/span>\n\n\t\t\t\t\n\t\t<\/h3>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3fa6b6f1 elementor-align-left animated-slow elementor-invisible elementor-widget elementor-widget-button\" data-id=\"3fa6b6f1\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/soumyasolutions.com\/index.php\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Reach Us Today<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-56bbc8e8\" data-id=\"56bbc8e8\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-36e6eb7 animated-slow elementor-invisible elementor-widget elementor-widget-image\" data-id=\"36e6eb7\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/soumyasolutions.com\/wp-content\/uploads\/2023\/01\/g1371asd10-300x300.png\" class=\"attachment-medium size-medium wp-image-1865\" alt=\"\" srcset=\"https:\/\/soumyasolutions.com\/wp-content\/uploads\/2023\/01\/g1371asd10-300x300.png 300w, https:\/\/soumyasolutions.com\/wp-content\/uploads\/2023\/01\/g1371asd10-1024x1024.png 1024w, https:\/\/soumyasolutions.com\/wp-content\/uploads\/2023\/01\/g1371asd10-150x150.png 150w, https:\/\/soumyasolutions.com\/wp-content\/uploads\/2023\/01\/g1371asd10-768x768.png 768w, https:\/\/soumyasolutions.com\/wp-content\/uploads\/2023\/01\/g1371asd10-1536x1536.png 1536w, https:\/\/soumyasolutions.com\/wp-content\/uploads\/2023\/01\/g1371asd10-2048x2048.png 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>FIRM REGISTRATION Firm Registration Business registration is required by law. This type of registration allows the public to know who is operating a company. By registering a business, you are ensuring no one else can operate a company under the same structure. Types of Firm Registration: \u00a0 Proprietorship Proprietary companies are run by individuals , these companies are not abide by any law or striction to run their business. They can set their own laws to run the company.Mostly proprietary conpany will go for MSME\/ Aadhaar udyog certification to Register their company. Partnership Simple partnership companies are run by two or more individuals . They have simple agreement between them regarding thier investment and profit sharing.Simple partnership company doesn&#8217;t come under minister of corporate affairs .The procedure to form Simple partnership is easy , it doesn&#8217;t requires any professional to executive it. One Person Company One Person Company means a Company which has only one person as its member. An OPC is effectively a company that has only one shareholder as its member. Limited Liability Partnership \u2022 LLP is a corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.\u2022 LLP is capable of entering into contracts and holding property in its own name.It can continue its existence irrespective of changes in partners.\u2022 The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP. \u2022 In LLP individual partners are shielded from joint liability created by another partner\u2019s wrongful business decisions or misconduct, Further, no partner is liable on account of the independent or un-authorized actions of other partners.\u2022 Mutual rights and duties of the partners within a LLP are governed by an agreement between the partners or between the partners and the LLP as the case may be. The LLP, however, is not relieved of the liability for its other obligations as a separate entity, LLP is called a hybrid between a company and a partnership, Since LLP contains elements of both \u2018a corporate structure\u2019 as well as \u2018a partnership firm structure&#8217;.\u00a0 Private Limited Company A Private Limited Company is a business entity registered in minister corporate affairs by a small group of people called share holders.. It is registered for pre-defined objects.In private Limited company the shatre holder can&#8217;t sell the share to public, Startups and businesses with higher growth aspiration popularly choose Private Company as suitable business structure.To form a private limited company, minimum 2 members are required and maximum 50 members are allowed Benefits of Company Registration: Registering a company offers many benefits.\u00a0A registered company increases the authenticity of your business. It helps your business: Shield from personal liability and protects from other risks and losses Attract more customers Procure bank credits and good investment from reliable investors with ease Offers liability protection to protect your company\u2019s assets Greater capital contribution and greater stability Increases the potential to grow big and expand GET YOUR GST REGISTRATION TODAY.. | Reach Us Today<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"footnotes":""},"class_list":["post-1861","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/pages\/1861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/comments?post=1861"}],"version-history":[{"count":10,"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/pages\/1861\/revisions"}],"predecessor-version":[{"id":2045,"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/pages\/1861\/revisions\/2045"}],"wp:attachment":[{"href":"https:\/\/soumyasolutions.com\/index.php\/wp-json\/wp\/v2\/media?parent=1861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}