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LLP & COMPANY FORMATION
 
Growing businesses demand bigger legal and organizational set ups, higher capitals and structured liability criteria. Hence formation of a private limited company or LLP is an obvious step for many businesses.
We at NDRL can register a Private Limited Company in India for you, which is a company limited by shares in which there can be maximum 50 shareholders. Our services will include name search and approval, ROC filing and preparation of Memorandum of Association (MOA) and Articles of Association (AOA).
Another convenient and inexpensive option for small and mid level service providers like IT consultants, advertising agencies, financial & insurance advisors etc would be formation of Limited Liability Partnership LLP.
A limited liability company, or LLP, is a business entity created under state laws which has the characteristics of both a corporation and a partnership. An LLP is becoming the most popular way to start a business due to the following advantages:
  • LLPs are easy to set up and maintain
  • Members are typically not liable for the debts of the LLP
  • Income and losses can be passed through to members as in a sole proprietorship or partnership
  • LLPs do not have the same corporate formalities as a corporation
  • An LLP has a flexible management and ownership structure
 
 
     
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