Private and Public Company Incorporation

Private and Public Company Incorporation

A company is a legal entity formed to conduct business activities, engage in trade, or provide services. It is recognized as a separate entity from its owners, offering limited liability protection and distinct legal existence. In India, the process of company incorporation involves legally establishing a business entity under the Companies Act, 2013.

Mainly, there are below kind of Companies with Limited Liability:

1. Public Company
2. Private Company
3. One Person Company

Distinct features of a company are:

• A company is an organized entity created to operate as an independent business, distinct from its owners.
• It offers limited liability, meaning shareholders are generally only liable for the company’s debts to the extent of their investment.
• Incorporation is the formal process of establishing a company’s legal existence under specific regulations and statutes.
• In India, company incorporation is governed by the Companies Act, 2013, which outlines rules for formation, operation, and dissolution of companies.
• The process involves choosing a suitable company structure, drafting memorandum and articles of association, and submitting necessary documents to the Registrar of Companies.
• Different types of companies, such as private limited, public limited, and limited liability partnerships, offer various benefits and obligations.
• Company incorporation ensures legal protection for the company’s assets and intellectual property.
• It allows businesses to raise funds through equity or debt offerings and provides a structured framework for governance and management.
• The Registrar of Companies oversees the registration process, ensuring compliance with legal requirements and maintaining accurate company records.
• Properly incorporated companies in India are subject to periodic compliance, including financial reporting, annual general meetings, and adherence to corporate governance norms.

Why SIGMAC & Co.?

• Expertise That Matters: Our team of seasoned legal and business professionals possesses a deep and comprehensive understanding of India’s corporate laws and regulations. With years of hands-on experience, we are well-equipped to provide you with accurate and practical advice tailored to your unique business needs.

• Customized Solutions: At SIGMAC & Co., we understand that every business venture is distinct. We work closely with you to grasp your specific objectives and requirements, devising a personalized incorporation strategy that aligns seamlessly with your vision.

• Comprehensive Service Range: From initial consultation to obtaining licenses and registrations, our wide spectrum of services covers every facet of the incorporation process. Our services encompass company name reservation, drafting of meticulously structured Memorandum and Articles of Association, obtaining Director Identification Numbers (DINs) and Digital Signatures (DSCs), and much more.

• Transparency at Every Stage: We believe in keeping you informed and empowered throughout the incorporation journey. Regular updates and transparent communication ensure that you’re well-versed with the progress and any developments, and our team is readily available to address any queries or concerns.

• Affordable Excellence: Quality services need not come with a hefty price tag. SIGMAC & Co. offers competitive pricing that ensures you receive exceptional support without compromising your budget. Our transparent breakdown of costs empowers you to make informed decisions aligned with your financial goals.