Shop and Establishment Act in India
Premises Regulated by the Shop & Establishment Act
Key Features of Partnership Firm –
Disadvantages of Partnership Firm-
Private Limited Company registration is the most popular legal structure option for businesses in India. A private limited company can have a minimum of two members and a maximum of fifty members. The directors of a private limited company have limited liability to creditors. In a case of default, banks/creditors can only sell company’s assets but not personal assets of directors. If you want to start a company in India then make sure your company is registered as Company Registration should be your first priority. It is very important to register your company as a registered company have multiple advantages from easy to register to easy to dissolve.
Start-ups and growing companies prefer private limited company as it allows outside funding to be raised easily, limits the liabilities of its shareholders and enables them to offer employee stock options to pull in top talent.
Private Limited Company Registration can be done through Legalraasta(company registration agent) in Delhi NCR, Mumbai, Bengaluru, Chennai and other Indian cities. If you want to register your own company then you can totally rely legalraasta(company registration services provider). We will help you with company formation procedure and new company formations procedure. All the company registration information will be given to you by our experts.
Private Limited Company Benefits
- It is flexible and has limited liability
- Greater capital contribution and greater stability
- Possibility to grow big and expand
ESI Registration Procedure
Employee’s State Insurance (ESI) is a self-financing scheme for Indian workers which covers health insurance and social security. ESI functions as an independent corporation and comes under Ministry of Labor and Employment in India. The ESI Corporation thus manages the funds which regulated by the guidelines and regulations of the ESI Act. 1948. This act monitors the provision of cash and medical benefits to employees and their families through their comprehensive network of hospitals and dispensaries throughout India.
Provident Fund Meaning and Registration Procedure
To provide financial stability and security to employees when they are temporarily or no longer fit to work, the Parliament enacted the Employee’s Provident Fund Scheme (EPFS) 1952. The central government trust manages these funds, and employees are require to contribute a part of their salary to it every month during their employment tenure.
An establishment with less than 20 employees can voluntarily opt for PF registration to protect employee’s benefits. However, Companies with more than 20 employees compulsorily have to register under EPFS.
PF Registration Process:
- A detailed application form called ‘Performa of coverage’ and form 5A with Annexure 1 has to filled while registering the company online.
- After that, a temporary PF registration number allotted, and an employer has to submit all concerning documents online.
- After that, the PF authorities carry out an inspection of the premises and verify the documents submitted online.
- Once they are satisfie, a PF allotment letter will grant.
We at Financial Tax Help provide PF Registration Services and complete compliance service through our team of experts.
Complete Registration Process
Complete our Simple Form
You need to fill our simple company registration form and submit documents for formation of a company.
Obtain DSC and DPIN from us
After submitting your documents we will provide you with DSC and DPIN.
Verification and Name Approval
Details provided by you will be verified and then we shall apply for name approval.
We will create all the required documents and file them with ROC on your behalf.
Your work is completed
Once your company is incorporated, we shall send you all the documents and DSCs.