Purvesh & associates

Chartered Accountants

Purvesh & associates

Chartered Accountants

Incorporation Services

Structuring your business correctly from the start is very crucial for sustenance and long term growth & profitability. We not only provide incorporation services, but also would guide you as to what route is most suitable for your venture based on various parameters.

Limited Liability Partnership

LLP is one of the easiest types of business to incorporate and manage in India. With an easy incorporation process and simple compliance formalities, LLPs are preferred by Professionals, Micro and Small businesses that are family-owned or closely-held. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business entity that is simple to maintain while providing limited liability to the owners. Since, its introduction in 2010, LLPs have been well received with over one lakhs registrations in India.

Partnership Firm

A Partnership firm is a business entity created by persons who have agreed to share profits or loss of the business. Partnerships are a very good choice of business entity for small enterprises wherein two or more persons decides to contribute to a business and share the profits or losses. In India, Partnerships are widely prevalent because of its ease of formation and minimal regulatory compliance. Also, the concept of LLP was introduced only in 2010, whereas the Partnership Act, 1932 has been in existence before the independence of India. Hence, partnership firms are the most prevalent type of business entity wherein a group of people are involved.

Private Limited Companies

Private Limited Company is the most prevalent and popular type of corporate legal entity in India. The Ministry of Corporate Affairs governs private limited company registration in India. Companies are incorporated and regulated under the Companies Act, 2013 and the Companies Incorporation Rules, 2014. We can help you with company registration across India at a very affordable price point.

Proprietorship

A Sole Proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Sole Proprietorship is the most common form of business in India, used by most micro and small businesses operating in the unorganised sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for starting and operating. So, its ideal for small businesses and first-time Entrepreneurs who would like to get a taste for business. As there is no procedure for registering the name of a Sole Proprietorship business, any other person can also use the same name for their business. However, in case a Proprietor wishes to protect the business name and the name is unique, a trademark registration can be obtained for the business name. Further, the identity of a Sole Proprietorship is established through various other registrations and licenses, the following are some of the common registrations that are obtained for a Proprietorship :
1. MSME Registeration
2. TAN Registeration
3. GST Registeration
4. FSSAI Registeration

Trust

A trust can be created by execution of a trust deed; there are two types of trust. A public trust (charitable trust) is created for the benefit of the general public whereas a private trust is created for the benefit of a particular group of individuals known as the beneficiary.
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Any information contained in this website is subject to change without notice. Readers of this website are advised to seek their own professional advice before taking any course of action or decision, for which they (the readers) are entirely responsible, based on the contents of this website. The information presented on this website should not be construed as legal, tax, accounting or any other professional advice or service. It is advised to consult with Purvesh & Associates or other professional advisors familiar with your situation prior to taking any decision. You should not send any confidential information to Purvesh & Associates until you have received an agreement from the firm to perform services you request. The Website may contain links to other websites that are owned and operated by third parties. Even if the third party is affiliated with us, we have no control over these linked websites. CAPRSHAH.IN cannot be held responsible for any information provided on any such websites. Any information or links contained in this website do not constitute to as a professional advice. Also, the guidelines related to website set forth by the ICAI and Clause 6 of First Schedule of Part I to the Chartered Accountants Act, 1949 has been duly adhered to.

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