Is it mandatory to register a company in India?
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Is it mandatory to register a company in India?
The simplest way to start your own business is to acquire any tax license, like service tax registration. If you are a services provider (for example, a tech startup, etc.), service tax registration is necessary (maximum cost will be Rs 3,000 including registration and it will take four to six working days).
Is it mandatory for a company to register under the Companies Act?
Every company is required to maintain certain Statutory Registers under Section 85, Section 88 etc of the Companies Act, 2013 and required to keep and maintain at its registered office in the prescribed form. The aforesaid compliance requirements only apply to the Companies Act, 2013.
Do all companies need to be registered?
All limited companies must register with Companies House, who will make the company information publicly available on their website. This means companies must provide the details of who their shareholders and directors are, as well as file a copy of their annual financial accounts.
When companies must be registered?
Mandatory Company Registration Hence, a business with any amount of turnover or capital can be operated as a Proprietorship or Partnership or Limited Liability Partnership or Private Limited Company. However, the Companies Act 2013, does require mandatory company registration for certain Partnerships.
Which company registration is compulsory?
Association or partnership firm having more than 100 persons for any business must mandatorily be registered as a company.
Is mandatory under the company Act 2013?
Indian company law make it mandatory for every Indian listed, and every other entity having more than rupees ten crore (100 million) paid up capital, to have a whole time company secretary.
Can a company trade without being registered with Companies House?
You will need to register within three months of starting your business in order to be trading legally. In order to register your company you will need to register either online or by post.