Talk   company formation by rahul agarwal
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Talk company formation by rahul agarwal on September 2010

Talk company formation by rahul agarwal on September 2010

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Talk company formation by rahul agarwal Presentation Transcript

  • 1. President Barack Obama The Audacity of Hope I believe in the free market, competition, and entrepreneurship. “ ”
  • 2. Rahul Agarwal Director www.idealinsurance.in Proprietorship to Company Honest Reliable Ontime…Everytime
  • 3.
    • Why- When?
    • Scalability
    • For Building up a Team
    • For Getting Funding
    • Branding
    • Indispensable for Export-Import
  • 4.
    • Which country had the most number of registered Companies in the World and how many???
  • 5.
    • Pros
    • Limited Liability
    • “ Status” & “Perception”
    • Professional Character to Business
    • Better Monitoring/Compliances
    • Essential for Funding
    • Easier to Show Expenses
  • 6.
    • Cons
    • Need to spend Money to start a Company
    • Regular Compliances
      • Yearly Audit
      • All accounts to be submitted to Dept. of Corporate Affairs
      • Yearly Fees
      • Maintain Shareholding Patters
    • Certificates and Registrations (Trade License, P Tax, ESI, Provident Fund)
    • Anyone can access your Financials
  • 7.
    • How?
    • Choose a Name
    • Get it approved by ROC
      • Name has to be justified
    • Authorized Capital to be decided – depends on ROC
      • For Industries minimum Rs 2 crore
      • “ India” costs higher
      • Ideal Finance is min. Rs 2 crores
    • Registered office Address and 2 Directors
    • Trade License, P Tax Registration
    • Bank Account
    • Memorandum and Articles –– Object Clause
    • (What Business )
  • 8. [email_address] 9830882728 / 9820141915 Stay Hungry Stay Foolish