Home Company Minimum Amount Required for Company Registration?

Minimum Amount Required for Company Registration?

December 19, 2018

1380

Basically, there are five types of company in India, that is,

Sole Proprietorship Company – The easiest way to start a business in India is registering in this type of company. If the business is managed by the single person and that person holds the ownership, then it is Sole Proprietorship Company.
Partnership Company – When two or more individuals manage and operate a business as per the partnership deed, this type of business is carried out by partnership company.
One Person Company – One Person Company is improvement of Sole Proprietorship as it gives complete control to the founder and gives the benefit of limited liability to the founder.
Private Limited Company – These kinds of companies are most preferred options for any start-up business if it is planning to scale up by external funding.
Limited Liability Partnership – LLP is an improvement of Partnership Firms, which give limited liability to the partners involved.

Now, for registering any of these company in India, there are lot of options but if we want to compare each legal entity then it is explained below:

SOLE PROPRIETORSHIP COMPANY – Approx. 3000 INR for the service tax registration or shop act licence as Sole Proprietorship.
ONE PERSON COMPANY – Approx. 13000 INR including the government charges.
PRIVATE LIMITED COMPANY – Approx. 15000 INR with government charges in almost every state except MP, Punjab, Kerala.
LIMITED LIABILITY PARTNERSHIP – Approx. 9000 INR with government charges.
PARTNERSHIP FIRM REGISTRATION WITH THE REGISTRAR OF FIRMS – Approx. 7000 INR TO 8000 INR with the government charges.
PARTNERSHIP FIRM REGISTRATION WITHOUT THE REGISTRAR OF FIRMS–Approx. 3000 INR with the government charges.

Author: This blog is written by Ms. Ayushi Mishra, a passionate blogger & intern at Aapka Consultant.

How Aapka Consultant can help you:-