Business Formation

Be it a start-up or an existing Company expanding its business, K&A can get your business incorporated in stipulated timelines. There are different ways to incorporate a company or a start-up.

Partnership

Partnership is a form of business entity that enables micro and smallscale managements to carry on operations with minimal focus on compliance and maximum attention on business growth. Though it’s not mandatory to register a partnership firm, registration of the same has its additional benefitsconcerning legal, financial and commercial aspirations of the business entity.

MSME

The socio&economical changes in business operations across the nation led to a surge in the number of entities under MSME. MSME is the backbone of India’s economic growth.The Government’s standpoint on supporting this segment of the corporate bya grant of collateral-free loans, concessions and lowering the compliance has allured the business entities to register themselves under MSME.

One Person Company

One Person Company is a revolutionary outcome of Companies Act, 2013. This form of business incorporation primarily encourages single promoters to incorporate a company with a reduced level of compliance under Companies Act, 2013. Though it comprises of an only person, it continues to experience the same benefits that a “Private Limited Company” enjoys.

Limited Liability Partnership

A Limited Liability Partnership(LLP)is a hybrid version which provides the benefits of limited liability and the flexibility of a partnership. Any change in partners leaves zero impact on the entity and can continue entering contracts and holding property in its name with a reduced level of compliance in comparison with a Company.

Public Limited Company

A Public Limited Companyis a form of a business entity incorporated under the provisions of the Companies Act, 2013 with the Ministry of Corporate Affairs. A company registered as PLC has strict compliance under the Companies Act. But it also enjoys various rewards such as better financial accessibility, Separate legal entity status and limited liability.

It is equally important to understand which type of incorporation suits your business needs. Planning to set up a business Let’s talk!