WHAT WE ARE

ONE-STOP BUSINESS SOLUTION

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.

FASTEST COMPANY FORMATION PROVIDER

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.

KERALA'S LEADING BUSINESS SET UP CONSULTANT

We have become the largest and most trustworthy platform for various services in Kerala, Tamil Nadu, and Karnataka, with over 15,000 satisfied clients.

DIFFERENT BUSINESS FORMS
REGISTERED WITH MCA

PRIVATE LIMITED COMPANY

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.

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LIMITED LIABILITY PARTNERSHIP

Limited 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.

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ONE PERSON COMPANY

A '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.

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PUBLIC LIMITED COMPANY

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.

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CONVENTIONAL
BUSINESS FORMS

PROPRIETORSHIP

A 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.

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PARTNERSHIP

A 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.

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Other things to consider

If 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.

COMPARISON BETWEEN
DIFFERENT BUSINESS ENTITY

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.
  • No mandatory meeting
  • No commencement filing
  • Auditing is not mandatory, up to 40 lakh.
  • The company closure fees are very low.
Comparatively High compliances
  • Mandatory 4 meetings in a year
  • Commencement of business is mandatory.
  • Auditing is compulsory.
  • The company Closure fees are high.
Simple Partnership structure. Corporate structure.
Not flexible for share transfer. Flexible for share allotment, transfer, collection of funds from seed investors and private placement

Faqs

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

HOW WE DO IT

  • For the preparation and submission of the application, you will be assigned a dedicated Expert.
  • We'll prepare the appropriate paperwork for the application.
  • After submitting all necessary information and papers, the filing procedure usually takes 5 to 7 days, depending on the services and registration
  • Following the submission of the application, we will routinely update the status of the filing and follow its progress via the appropriate Office.
  • Once your registration has been accepted, you will receive your official registration certificate.