Corporate Entity

Corporate Entity Set-up

The corporate entity is legally distinct from its members; it has legal personality and can hold property, sue and be sued in its own name as if it were a natural person. A Corporate entity can be set-up in many ways, some of the ways are:

A subsidiary company is considered wholly owned when all of the common stock is owned by its parent company. It is an incorporated entity formed and registered under the Companies Act, 2013 of India.

Short Procedure for service providing company is as follows:

Director Pan Card, Dsc, Din Dsc (Digital Signature Certificate)
Company Name Approval
Company Incorporation, Pan Card, Tan (Tax Deduction Number)
Opening Bank Account and Remittance of Paid Up Capital
Reporting of Capital to Rbi (Arf and Fcgpr)
Gst (Goods and Service Tax)
Iec (Import and Export Code)

For Manufacturing company is as follows

Iem (Industrial Entrepreneur Memorandum) or Udyog Adhaar (It Is Depend on Investment of the Factory)
Pollution Noc
Factory Map Approval
Factory License
Pf Registration (Pf Required When Number of Employees Excess 20)
Esi Registration [esi Registration (Employee State Insurance Registration) Esi Required When Number of Employees Excess 10]

Joint Venture Company

Joint venture. … With individuals or corporates, when two or more persons or corporates come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are “co-venturers”.

Short Procedure is as follows:

Making of Joint Venture Agreement
Director Pan Card, Dsc, Din Dsc (Digital Signature Certificate)
Company Name Approval
Company Incorporation, Pan Card, Tan (Tax Deduction Number)
Opening Bank Account and Remittance of Paid Up Capital
Reporting of Capital to Rbi (Arf and Fcgpr)
Gst (Goods and Service Tax)
Iec (Import and Export Code)

Corporate Entity