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Types of Companies
- Private Limited Company: A private company with limited liability, suitable for small to medium-sized businesses.
- Limited Liability Partnership (LLP): A partnership with limited liability, suitable for professional services firms.
- One Person Company (OPC): A company with a single owner, suitable for solo entrepreneurs.
Benefits of Company Formation
- 1. Limited Liability: Protects personal assets from business risks.
- Tax Benefits: Tax deductions and exemptions available.
- Credibility: Enhances business credibility and reputation.
- Flexibility: Allows for easy transfer of ownership and management.


Company Formation Process
- Name Approval: Choose a unique company name and get approval from the Registrar of Companies (ROC).
- Document Preparation: Prepare and file necessary documents, such as the Memorandum of Association (MOA) and Articles of Association (AOA).
- Registration: Register the company with the ROC and obtain a Certificate of Incorporation.
- Obtain PAN and TAN: Obtain a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
Benefits of Company Formation with Padmajothi Consultancy Services
- Expert Guidance: Get expert guidance on the company formation process.
- Timely Registration: Ensure timely registration and avoid delays.
- Compliance: Ensure compliance with company formation regulations and guidelines.
