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Business Registration

When you have the idea, plan and resources ready then business registration is the next crucial step of initiating any type of business. Now, you have to carefully decide the legal structure of the business, therefore the most important consideration now will be to select the right form of organization.

In India, you can form 8 types of business organization:

  1. Sole Proprietorship
  2. One Person Company (OPC)
  3. Limited Liability Partnership (LLP)
  4. Private Limited Company (Pvt. Ltd.)
  5. Public Limited Company (Ltd.)
  6. Non-Banking Financial Corporation (NBFC)
  7. Joint Hindu Family Business (HUF)
  8. Co-operative Organization (Co-Op)

You need an expert advise in this scenario. Generally the less experienced people will offer the cheap services that could destroy your business dream completely. Therefore, you should rely upon SL Legal as it is the independent group company under StartupLanes.

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