A private limited company is a privately held business entity held by private stakeholders. The liability arrangement, in this case, is that of a limited partnership, it's favored by entrepreneurs for credibility, scalability, and active shareholder participation, making it ideal for establishing a secure business presence.
A Public Limited Company (PLC) is a business entity whose shares are traded on stock exchanges, enabling it to raise capital from the public. This corporate structure provides liquidity to shareholders through stock transactions. PLCs adhere to strict regulatory and financial disclosure requirements, making them suitable for large-scale operations and capital mobilization.
LLP Registration in India has become an alternative form of business that provides the advantages of a Company and the flexibility of a Partnership firm into a single organization. This unique hybrid is suitable for setting up small, and medium-sized businesses. LLP is governed under the Limited Liability Partnership Act, 2008.
Partnership firms are registered with the Registrar of Firms (RoF) under the Indian Partnership Act 1932. They assist in the legal process, ensuring compliance with regulations. With expertise in partnership formation, they facilitate smooth establishment, enabling businesses to operate effectively within the legal framework.
A company is referred to as a “Section 8” company when it is registered as a non-profit organization (NPO). It operates under the Companies Act, 2013, utilizing profits solely for social welfare. Enjoying tax exemptions and limited liability, it focuses on societal development without profit-sharing among members.
12A and 80G registration in India enables NGOs and charitable organizations to avail tax exemptions. 12A provides income tax exemption on NGO income, while 80G offers tax benefits to donors contributing to registered NGOs, promoting philanthropy and social welfare initiatives.
A non profit organisation can be registered in India as a Society enables the establishment of entities dedicated to social causes without profit distribution such organizations focus on charitable activities under the Registrar of Societies or as a Trust, or as a Section 8 Company, under the Companies Act, 2013. Non-profit company registration in India They enjoy tax benefits, limited liability, and promote societal welfare through philanthropic endeavors, contributing to community development and upliftment.
A Nidhi Company in India is a non-banking financial company (NBFC) that operates under the regulatory framework of the Nidhi Rules, 2014. It is governed by Section 406 of the Companies Act, 2013.
Copyright All Right Reserved ©2024 BharatEdge Group | Developed By Coder Edge Technologies
