Corproots Consultants is the only firm in Kochi, Kerala that can handle all of your business needs, including company registration, licensing, and other regulatory compliances such as accounting, bookkeeping, legal consultation, GST, and auditing.
We are one of the best, easy and fastest company formation providers. Our professionals will give you the best consulting experience through error-free filing and hassle-free procedures.
We have become the largest and most trustworthy platform for various services in Kerala, Tamil Nadu, and Karnataka, with over 15,000 satisfied clients.
Private limited companies are privately owned and have high flexibility for fundraising. The liability of members of a Private Limited Company is limited to the number of shares they hold which cannot be publicly traded.
Read MoreLimited liability partnership is mostly used for small business and private-owned. LLP is a hybrid form of partnership and private limited where some or all partners have limited liabilities. LLPs are not liable for the misconduct or negligence of their partners.
Read MoreA 'One Person Company' (OPC) is a company owned and operated by a single person.The member's liability is limited to the amount of his/her shares, and they are not personally liable for the company's losses.
Read MorePrivate limited companies are privately owned and have high flexibility for fundraising. The liability of members of a Private Limited Company is limited to the number of shares they hold which cannot be publicly traded.
Read MoreA sole proprietorship is a type of business owned and operated by a single person. There is no particular registration other than Udhyam or GST. A person who wants to start a business with a small investment prefers proprietorship.
Read MoreA partnership is a type of business in which two or more people hold shares. They also share responsibility for the company's management and the profits or losses it creates.
Read MoreIf you are looking for a Cost-effective compliance limited liability partnership, partnership firm and proprietorship can be preferred.
For participating in govt tenders, limited liability partnerships are the best.
In India, if it's a foreign company, Private limited companies are most preferred.
PROPRIETORSHIP | OPC |
---|---|
Unlimited Liability | Limited Liability |
There is no specific authority for registration. | A registration with MCA is mandatory. |
Individual pan card is used. | A specific pan card for the company will be allotted |
Cannot be converted to any other business entity. | Can be converted to limited liability partnership or private limited |
Difficult to participate in government tender. | Very feasible to take government tenders. |
PARTNERSHIP | LLP |
---|---|
Unlimited Liability | Limited Liability |
Registration is optional | A Registration with MCA is mandatory. |
Difficult to participate in government tender | Very feasible to take government tenders. |
Difficulty in raising funds | Easy to raise funds |
Involves risk | Most trusted and preferred by entrepreneurs. |
Difficult to convert into private limited. | Easy to convert to private limited. |
LLP | PVT LTD COMPANY |
---|---|
Suitable for startup | Suitable for fundraising and expansion |
Equal Voting system (If LLP Agreement is silent) | A major shareholder can control the company |
Fewer Compliances.
| Comparatively High compliances
|
Simple Partnership structure. | Corporate structure. |
Not flexible for share transfer. | Flexible for share allotment, transfer, collection of funds from seed investors and private placement |
When all the documents are provided the filing and formation will be over by 5-7 days.
Pan card, Aadhar card, utility bills or bank statement and rental agreement for the register office.
An office address or virtual office is mandatory
There is no fixed capital for company formation.
No. For an NRI, the only need is to attest passport and address by Indian Embassy
Two is the minimum number and one among them should be an Indian resident