President Barack Obama The Audacity of Hope I believe in the free  market, competition, and entrepreneurship. “ ”
Rahul Agarwal Director www.idealinsurance.in  Proprietorship to Company Honest Reliable Ontime…Everytime
<ul><li>Why- When? </li></ul><ul><li>Scalability </li></ul><ul><li>For Building up a Team </li></ul><ul><li>For Getting Fu...
<ul><li>Which country had the most number of registered Companies in the World  and how many??? </li></ul>
<ul><li>Pros </li></ul><ul><li>Limited Liability </li></ul><ul><li>“ Status” & “Perception” </li></ul><ul><li>Professional...
<ul><li>Cons </li></ul><ul><li>Need to spend Money to start a Company </li></ul><ul><li>Regular Compliances </li></ul><ul>...
<ul><li>How? </li></ul><ul><li>Choose a Name </li></ul><ul><li>Get it approved by ROC </li></ul><ul><ul><li>Name has to be...
[email_address] 9830882728 / 9820141915 Stay Hungry Stay Foolish
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Talk company formation by rahul agarwal

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Talk company formation by rahul agarwal on September 2010

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Talk company formation by rahul agarwal

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

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