Private Limited Company is a very popular form of Business Entity in India. It restricts the liability of its members maximum to the amount of shares held by them. A Private Limited Company is treated as a Separate Legal & Business Entity and thus has powers of entering into contract under its own name. Minimum of 2 members and 2 Directors are required in order to incorporate a Private Limited Company in India.
MRBC Suggests to go in for incorporating your business as a Private Limited Company if you want to enjoy the benefits of Limited Liability and Perpetual Succession.
Price : Rs. 30000/-
It is an alternative corporate business form that offers the benefits of limited liability to the partners. It also allows the partners to organize their internal structure like a traditional partnership. A limited liability partnership is a legal body, liable for the full extent of its assets. The liability of the partners, however, is limited. Hence, LLP is a hybrid between a company and a partnership. Minimum of 2 Partners and 2 Designated Partners are required in order to incorporate a Limited Liability Partnership.
MRBC Suggests to go in for incorporating your business as a Limited Liability Partnership if you want full control and ease of operation but at a cost of more time consuming and costly Corporate Compliances.
Price : Rs. 20000/-
Partnership is an association of two or more persons who have agreed to share the profits of a business which they run together. This business may be carried on by all or anyone of them acting for all. The profits/losses are shared or borne by the partners in the ratios agreed while drafting of the Partnership Deed.
MRBC suggests to go in for incorporating your Business as a Partnership Firm if you want control and capital contribution of more than 1 person and are ready to bear unlimited liability in case of losses. We urge small business owners to-opt in for incorporating a partnership firm due to the minimal costs of incorporation, compliances and dissolution, if need be.
Price : Rs. 10000/-
Proprietorship is a popular type of unregistered business entity owned, managed, and controlled by one person. Most of the micro and small businesses operating in the unorganized sectors prefer registering a Proprietorship. Sole Proprietorship is simple to start and has very few regulatory compliance requirements for conducting the operation.
MRBC suggests to go in for incorporating your Business as a Proprietorship Firm for entrepreneurs who are starting new business ventures on a small scale with few clients.
Price : Rs. 5000/-