Welcome

Right Management Consultants Private Limited ("RMC") represents a coalition of specialized skills that is geared to offer sound financial solutions and advices. RMC is the service provider in the areas of helping customers set up their operations in the shortest possible time and obtaining all registrations statutorily required by the entity. RMC also offers customers high quality support functions in the areas of Finance and Accounting, fulfilling statutory compliances and Payroll and allied services.

RMC provides services for start up businesses and entrepreneurs in terms of identification of the form of entity (proprietary firm, partnership firm registration, private limited company registration or public limited company incorporation) it should operate as, facilitate the statutory compliances for a new start ups.

COMPANY INCORPORATION

When you chose to register a company in India, an application for name availability has to be filed with the Ministry of Corporate Affairs and post approval of the same; the following documents are to be filed for company registration.

Articles of Association;

A declaration stating that all the requirements of the Companies Act 1956 and the applicable rules with respect to the company registration and other matters have been complied with;

A list of persons who have consented to act as directors of the company.

If the proposed company is a public company, consent of every person prepared to act as a director must be submitted in a prescribed format;

Information about directors, managing directors and managers and secretary must be submitted in a prescribed form 32;

Information about the registered office in a prescribed form 18;

Filing of Form 1 with Memorandum of Association, Articles of Association and certification by a Chartered Accountant that the compliances are met.

and Power of attorney

Post review of these documents, the registrar of companies will grant the certificate of incorporation.

Do you want to register a Private Limited Company or Limited Company ?

FIRM REGISTRATION

Proprietorship Firm Registration

In the case of proprietorship firm, there is no registration required. As there is no procedure to make application for availability of name (as in the case of companies) applicable, you simply have to open a bank account with the name & style you want to work. But if your business is liable for VAT and / or Service Tax registration, then you have to obtain VAT and / or Service Tax registration. Further, for sole proprietorship, no separate income tax PAN is required. The PAN of the proprietor will be the PAN of the firm and proprietor will have to file income tax return in his personal name.

Partnership Firm Registration

A Partnership is defined by the Indian Partnership Act, 1932, as 'the relation between persons who have agreed to share profits of the business carried on by all or any of them acting for all'. This definition gives three minimum requirements to constitute a partnership, viz.

(1) there must be an agreement entered into orally or in writing by the persons who desire to form a partnership,

(2) the object of the agreement must be to share the profits of business intended to be carried on by the partnership, and

(3) the business must be carried on by all the partners or by any of them acting for all of them.

Do you want to register your business as a Partnership Firm?

LLP INCORPORATION

LLP is a partnership formed and registered under LLP Act, 2008. It is a hybrid of partnership firm and a company. Ministry of Corporate Affairs is the administrative ministry and Registrar of Companies is the administrative authority. It is a body corporate having perpetual succession and is a legal entity separate from its partners.

To register LLP, all designated partners of the proposed LLP shall obtain “Designated Partner Identification Number” by filing application individually online in Form- 7.

Partner / Designated partner of LLP / proposed LLP, whose signatures are to be affixed on the e-forms has to obtain class 2 or class 3 Digital Signature Certificate (DSC) from any authorized certifying agency.

Select name of proposed LLP and file Form-1 for reservation of name.

Once the name is reserved, fill up Form-2 “LLP Incorporation Document and Statement”.

Form -3 (Information with regard to LLP agreement and changes, if any made therein) and Form-4 (Notice of Appointment of Partner/Designate Partner, his consent etc.) are to be filed. Once the above forms are filled according to the provisions of LLP Act, the LLP will be ready to start its operations.

Do you want to register a Limited Liability Partnership ?

STATUTORY COMPLIANCES

After the entity is created, the promoters of the business have to get their organisation registered with various government departments like IEC, VAT, Service Tax, Income Tax etc. There are certain other registrations beneficial for the business like MSMED (Micro, Small and Medium Enterprises Development Act), STPI registration etc. RMC assists the clients in getting the relevant registrations (like Value Added Tax, Turnover Tax, Central Sales Tax, Service Tax, Import Export Code, SMEDA, PAN, TAN, TDS etc.) done and enable the clients fulfill the timely filing of returns and following the other procedures.

RMC provides services to foreign entities with entry strategy for doing business in India and in creating the statutory form in which it should operate, and guides as to creation of a subsidiary or operate with a branch office etc..

RMC facilities businesses by undertaking areas of statutory compliances like filing of periodical returns with VAT, Service Tax and TDS etc. This gives the freedom to the promoters of the business in concentrating on the key areas of expertise of the management and helps the organisaitons follow various statutory provisions to avoid the penalties applicable.

Client's Feedback: Excellent professional service with in time - United Designers / / / Cost effective solutions and free from compliances - Proactive Portfolio Pvt. Ltd.