Starting a new business in India requires several legal procedures, paperwork, and timely compliance with regulatory authorities. Company formation and registration processes can often be daunting and time-consuming, causing entrepreneurs to lose focus on their core business activities. Luckily, FinacBooks, a leading online accounting and legal services provider, offers comprehensive assistance for company formation and related procedures, streamlining the entire process and enabling businesses to begin their journey smoothly.
In this blog post, we will explore how FinacBooks can help entrepreneurs in India navigate the complexities associated with company registration.
Expert Guidance and Consultation
One of the vital aspects of company formation is seeking expert guidance and consultation. FinacBooks provides a team of experienced professionals, including company secretaries, chartered accountants, and legal experts who possess a deep understanding of the Indian corporate legal framework. They offer personalized consultations, helping entrepreneurs choose the most suitable business structure, such as a private limited company, LLP, or partnership firm, based on individual requirements and long-term objectives.
Streamlined Registration Process
Once the suitable business structure is determined, FinacBooks assists in completing the necessary documentation for company registration. They provide a user-friendly online platform where entrepreneurs can easily upload and share required documents, sparing them the hassle of travelling and physical paperwork. FinacBooks also ensures that all documents are in compliance with the Companies Act, as well as any additional regulations specific to the chosen business structure.
Company Name Reservation
Choosing an appropriate and unique company name is essential for branding and legal purposes. FinacBooks aids in conducting a thorough name availability search to eliminate the risk of duplication or infringement. They assist entrepreneurs with selecting a unique name, keeping in mind the guidelines set by the Ministry of Corporate Affairs (MCA). Such assistance helps prevent any delays or objections during the registration process.
Partnership Deed and Memorandum of Association (MOA) Drafting
FinacBooks extends its support by helping entrepreneurs draft essential legal documents required for company registration. For partnership firms and LLPs, they assist in creating a comprehensive partnership deed that includes terms and conditions, capital contribution, and profit-sharing ratios. Similarly, for private limited companies, they help prepare the Memorandum of Association (MOA) and Articles of Association (AOA), which lay down the company's objectives, rules, and regulations.
Filing and Documentation
FinacBooks manages the entire filing process with the Registrar of Companies (RoC), ensuring that all necessary forms, such as SPICe (Simplified Proforma for Incorporating Company Electronically), MGT-14, DIR-12, etc., are appropriately filled and submitted. They also assist in obtaining a digital signature certificate (DSC) and director identification number (DIN), which are compulsory for company registration. By taking care of these formalities, FinacBooks saves entrepreneurs considerable time and effort.
Compliance Management
Post-registration, companies need to fulfil various compliance requirements to operate legally in India. FinacBooks offers ongoing support to ensure that entrepreneurs remain compliant with annual filing requirements, board meetings, statutory audits, and more. By delivering timely reminders and assistance, they help companies avoid penalties or legal complications due to non-compliance.
In a nutshell, FinacBooks serves as a valuable partner for entrepreneurs looking to establish their businesses in India. By leveraging their expertise and cutting-edge technology, FinacBooks simplifies the entire process of company formation and registration, enabling entrepreneurs to focus on their core business activities. Our end-to-end service, spanning from expert consultation to compliance management, ensures a smooth and hassle-free experience. So, if you're planning to start your venture in India, partnering with FinacBooks is a prudent decision that will help set a strong foundation for your business.
FinacBooks can assist clients in forming a company seamlessly, ensuring a hassle-free experience. Call us today on +91 8800 221 252 or write to us at info@finacbooks.com and get your company formation in India journey started.
