Sector 62, Noida, Gautam Budh Nagar, Uttar Pradesh
GST No. 09AANPM1265E1ZN
Setting up a business in India has been liberalised over the years, still it requires company formation, approvals if required, legal compliances and registration with various authorities. We provide our clients Business Setup Solution based on “turnkey” methodology which takes care of approvals, legal compliances, registrations with authorities etc. to provide a ready to operate business setup in shortest possible time frame.
We give advice on Company Registration in India and provide the complete solution for Company Formation in India, Private limited Company Formation and Company Incorporation in India. Business can be setup in India in three types like Formation of liaison office, Formation of Project office and Formation of Branch office.
HUF – Joint Hindu Undivided Family Business is a distinct type of organisation which is unique to India. Hindu Undivided Families are the form of organizations has separate legal entity for the purpose of tax assessment. As the name suggests, an HUF is a family of Hindus. However, even Buddhists, Jains and Sikhs are regarded as Hindus, and can, therefore, set up HUFs. The concept of an HUF has basically evolved from ancient Hindu law. The HUFs have been defined under the Hindu law as a family, which consists of male lineally descended from a common ancestor and included their wives and unmarried daughters.
The relation of HUFs arises from the status not from legal contracts. Creating HUFs are the best possible way for an assessee to save taxes.
1. Select a suitable name, Capital:-For an HUF to be created the major requirements is the capital and persons. Capital can be in the form of ancestral property, assets gifted by relatives and friends, or received by the HUF through a will. The HUF to be created should have proper name. The members can choose a suitable name before starting a HUF business form.2. Form a Deed:-Formation of HUF should be embodied in a deed which provides that a proper legal deed or agreement is required before creating a HUF. The agreement should be between the Karta &other family members. The agreement need not always be in writing. The agreement/ deed should have all the details, including the name of Karta, co-parceners, address & source of funds in the corpus.3. Apply for PAN: After executing the deed, the Karta is required to obtain a permanent account number PAN for the HUF. Obtaining PAN is a mandatory requirement as all financial transactions shall carry PAN.The minimum no. of members required is two who can be a husband and wife. Both the spouse can create a family and constitute a HUF.
|Company Location||Pan India|
|Mode Of Service||Offline & Online|
A Partnership Firm is a popular form of business constitution for businesses that are owned, managed and controlled by an Association of People for profit. Partnership firms are relatively easy to start are is prevalent amongst small and medium sized businesses in the unorganized sectors. With the introduction of Limited Liability Partnerships in India, Partnership Firms are fast losing their prevalence due to the added advantages offered by a Limited Liability Partnership.
There are two types of Partnership firms, registered and un-registered Partnership firm. It is not compulsory to register a Partnership firm; however, it is advisable to register a Partnership firm due to the added advantages. Partnership firms are created by drafting a Partnership deed amongst the Partners and Anuj Mittal & Co help start a registered or un-registered Partnership firm in India.
Proprietorship Company Registration
A sole proprietorship, also recognized as the single trader or merely a proprietorship, is a form of business company held and controlled by one person, and where there is no legal difference between the owner and the corporation. A sole proprietorship is a corporation held, run and operated by one individual only. It is one of India's most popular industry models, used by small enterprises working in the unorganized sectors.
Proprietorships are very quick to get going, and need very limited legislative enforcement to get going. However, during the startup process, proprietorships do not provide a number of other advantages to the owner, such as limited liability, separate legal organization, autonomous life, transferability, etc., which are attractive characteristics for any company. Proprietorships therefore are ideal for independent, unorganized companies with minimal presenceProprietorship Startup Process
Anuj Mittal & co can help startup a Proprietorship in 7 to 14 days, subject to Government processing time. Since the proprietorship is itself not distinguishable from its owner hence there is no registration or approval is required to start a proprietorship business. Proprietorships do not have a process of incorporation. Therefore, our Company Counselors can guide you about how many government approvals will create the identification of the Proprietorship company.
There is no process for registration or establishment of a Proprietorship given by the Government of India. Hence, the presence of a proprietorship is only defined by tax registers and other company registers that a proprietorship is expected to have in compliance with the laws and regulations. At Anuj Mittal & co we will support you by acquiring the necessary registrations to create an identity for your proprietorship.
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