Company registration in Karnataka

Establishing a business of our dreams for real could be a process by itself. It takes immense courage and turmoil to put your heart and soul into an establishment and wait for it to return the emotional and financial investment. The shuttling between offices and legal spaces meanwhile could be exhausting. That is when you have to make a smart choice by investing in the right Company registration consultants in Karnataka. we at SV Consultant, make it easier for you to look out for hacks and hurdles along the journey.

According to the Ministry of Corporate Affairs, it is mandatory to register business establishments and companies to obtain a legal identity among the din of enterprises rising up every day. The pandemic has proved to be a blessing in disguise as it paved way for many budding entrepreneurs to try their hands on small- scale businesses. It has also made the processes hassle free in a way.

Why is it important?

A registered company provides you access to numerous schemes from the government

It is matter of recognition for new companies It enables raising funds from various resources accessible There are various options of establishing a company that you can choose from, based on the number of people, directors, investors, products and goals.

Types of Company Registration in Karnataka

Based on the number of members and authorities there are a few options in choosing a Company

A Private Limited Company can have a minimum of 2 directors and may go up to even 15. It only requires a minimum investment of one lakh. It is very easy to set up and has limited liability. A Public Limited Company is ideal for large scale business operations and can have any number of directors starting from 3. Raising funds from general public is one of the key factors to be noted. A Limited Liability Partnership Company is perfect for small business and start up registrations in Karnataka. it has very minimum compliances and more opportunities to flourish. A One Person Company Registration can be established by a single person. It is the easiest to incorporate and is free from tax until the turnover comes to a 2-crore limit. A Partnership Firm Company is where two or more people come together to set up guidelines and regulations of their business together. It is one of the oldest and most common entities in our country. Sole Proprietorship Company is an establishment where one person manages investment, profit, loss and directorship all at once. Though it has liabilities on its own, it is easy to incorporate. SV Consultant is known for delivering prompt and quick services at the lowest rate possible in the market. With our constantly evolving guidelines to improve customer satisfaction and measures to promote user friendly services, we are available 24/7 to cater to your needs irrespective of the financial outcomes. Request a call back from our executives to know more about start- up company registration in Karnataka and help us reach and touch more lives!