The city of Hyderabad is the largest in the state of Telangana along with being the de jure capital of Andhra Pradesh. There are a lot of business activities that are taking place in Hyderabad, making it a hot bed for the new startups in India. Hyderabad is currently flooded with so many business activities taking place that it has taken the place of highest contributor to the GDP, tax as well as various other revenues in the State of Telangana. It also holds the fourth place in being the credit centre of the country. There are a lot of new businesses that try to bring new concepts every day. In this article we will help you understand all the legal procedures involved in registering your business in India be it physically or online and the steps that you need to follow in case you want register your business in Hyderabad online. What is a Company Registration or Incorporation? With the support of the Ministry of Corporate Affairs (MCA), the Government of India has enacted several rules and regulations under the Companies Act 2013. These rules and regulations may allow you to register an Indian company or an Indian company physically or online. There are various types of businesses in India, and owners are free to register their company. Types of Business Registration • Private Limited Company Registration: To register a limited liability company in India, you need at least two shareholders and two directors. You have to provide the applicant's DIN and digital signature certificate and everything. • Limited Liability Partnership Registration: For the registration of a limited partnership, it is important that two or more partners provide certain goods or services. The advantage of LLP is that the financial risk of each partner is limited. • One Person Company Registration: One Person Company is actually registered as a private limited liability company. The main feature of this type of company, as the name implies, is that only one person is restricted to public invitations for the purpose of securities membership. • Nidhi Company Registration: In case you want to incorporate your business in the non-banking finance sector, then you should register your business in India as a Nidhi Company which has been provided in the Companies Act, 2013. They mainly function in order to either borrow or lend money. • Section 8 Company Registration: In case you want to register your business in India in either the charitable or non - profit sector, then you are free to register your business as a Section 8 Company. In addition to the various strengths and weaknesses associated with this type of business, any type of business requires considerable paperwork to register. There are many factors that can influence the choice of business in which you want to include a company in your business, such as the share capital or the number of partners or directors involved. Documents required for Registration The following documents are required to be submitted in case you want to register your business in India: 1. All the contact details of all the directors of the Company. 2. Passport sized photograph of the Directors. 3. Either the ownership proof of your office premises or the rent agreement along with the NOC. 4. You also need to submit the latest electricity bill of your office. 5. The Aadhaar Card copies of all the directors. 6. The PAN Card copies of all the directors. 7. Any other document as it may be mentioned. Benefits of Company Registration / Incorporation The benefits of registering a business online in India are: 1. It's easy to apply for a loan and get financial support for your business. 2. As a partner, your responsibilities are limited. 3. Not only improves branding, but also improves confidence factor. 4. Once the company is registered, it becomes an independent legal entity, which helps identify itself. 5. You can benefit from many tax incentives. 6. There are many programs in the government, but only those who register their business in India. 7. Expand the scope of business improvement. How can we help you? Our team at Caadvocatecs.com is inclusive of highly qualified chartered accountant as well as lawyers with more than 10 years of practice. Our team is dedicated to provide you the best legal advice as well as any assistance you are in need of while registering your business in India. We also provide the budgeted service in case you want to register your startup be it a business or a company or any kind of organisation. Apart from this here is a list of reasons as to why you should go for Caadvocatecs.com: 1. No physical visit is required in order to kick start your business. 2. Our team of experienced professionals are the best in their field and are capable of handling each and every type of problems, without any exception. Moreover, our experts would guide you through each and every process and would give you the best advice for your entity. 3. At Caadvocates.com, we firmly believe in transparency. Thus, there is a transparency of price between us and the client and we also offer our clients to choose the advisors for themselves. 4. Caadvocates.com provides 24*7 services, so you can get a solution to your problems without any delay. 5. At Caadvocates.com, we value your time and understand the worth of it. So our experts offer a pre-defined time based on the type of service chosen. 6. All the documents which would be required for your service chosen would be pre-defined, ensuring a hassle-free experience. 7. It is really annoying if you are unable to keep track of your progress. Thus, we keep our clients updated after each process that gets completed.