What Are The Benefits Of Getting Private Limited Company Registration?

What Are The Benefits Of Getting Private Limited Company Registration?

Registering with a private limited company is the best way to start your business in India. Private company registration offers numerous advantages and it gives your business, a legal identity which is very important for every type of business whether it is small or big. To get multiple advantages and easy to register and manage your organization with private limited company registration.

Here are some benefits of getting private limited company registration

1.     Limited liability

Every business often needs to borrow money, in  a partnership firm, partners are personally responsible for all the debt raised. But, after registering with private limited company, there is no personal loss, only the amount of starting business will be lost.

2.     Easy debt access

A private limited registered company has wide options for taking debts. Banks provide loans which are easy to obtain and issuing debentures are always available to it. So, after registering your business with a private limited company, you can easily borrow loans from banks with additional facilities.

3.     Owning property

A director of private limited company can enjoy and own property in its name. No shareholder can stake a claim on the property of the company as long as the company is the going concern. So, register your business with a private limited company and get a owning property of the business.

4.     Easy transferability

The owner of the business can easily transfer the shares to the shareholders. To transfer shares, you need to file transfer form and the share certificate is required. In a private limited company, the approval of the shareholder is required to affect share transfers.

So, these are the benefits of getting private limited company registration. If you are a small business owner and wants to register your business with a private limited company, then you can approach Tax home. Tax Home is a leading service provider of one person, company registration, private limited company registration, GST registration and many more. So, you can approach Tax Home to get private limited company registration inDelhi in a very quick and easy way.

What Are The Documents Required For Registering Your Business With MSME?

What Are The Documents Required For Registering Your Business With MSME?

MSME stands for micro, small and medium enterprises are the engine of economic growth. The government of India offers numerous benefits and some schemes to promote and support MSMEs. Every small or medium sized business should be registered with MSME under MSMED act.

If a business is registered under MSMED act, it can easily get special benefits and schemes with some incentives from the government of India. You can get MSME registration in Delhi to make your business successful and get numerous benefits such tax relief, quick loans, low interest of rate, etc. from the government.

Here are some documents required for MSME registration.

1.      Business address proof

To get MSME registration, business address proof is required. If the premise is self – owned, then you need allotment letter, possession letter, lease deed, or property tax receipt. If you have rented property, then you need rent receipt, and no objection certificate from the landlord.

2.      Copies of sale bill and purchase bill

Every business has a sale and purchase of each and every product and the copy of those bills is required while getting MSME registration. The sale bill and purchase bill have to be submitted to the government.

3.      Partnership deed

If a business is a partnership firm, then the partnership deed has to be submitted. In case of a company, copy of memorandum of association (MOA) and article of association (AOA) as well as a certificate of incorporation has to be submitted.

4.      Copy of licenses and bills of machinery purchased

In some cases, the applicant has to submit a photocopy of industrial license that  should  be obtained by giving an application to govt. of India. All  the bills related to purchase of plant and machinery that should be safe and submitted on demand.

So, these are the documents required for MSME registration. If you also want to register your business with MSME, then you can approach Tax Home. Tax Home is the leading service provider of One person, company registration, MSME registration, SSI registration, GST registration and etc. The professionals at Tax Home will help you to register your business with MSME in a very quick manner. So, consult Tax Home and get many benefits by registering your business with MSME.

Advantages of Outsourcing Accounting Services For Your Business.

Whether you have a large business or a small business, you are always under intense time and cost pressure. You have to struggle a lot to control your financial flow. You need someone that can help in your business through all your financial needs. You need to outsource an accounting service provider, who has a solid team of good accountants that can help with all types of finance related issues in your business.

Before hiring an accounting service provider, you should know what advantages your business can gain by outsourcing the one. Here in this blog, we are going to share the benefits of outsourcing tally accountant for your business. Let’s take a look at the specific advantages it may offer.

1. Saves time & money

Outsourcing the accounting service provider can work for the betterment of your company. You can save your time as well as money by outsourcing an accounting service provider. You will only pay for the actual work and you won’t have to waste your time while maintaining the finance sheets.

2. Daily monitoring

If you have an accounting service provider, then you can easily keep track of your daily accounting records and data. You would be having a team that is dedicatedly working to manage your finance sheets on a regular basis.

3. Keep a handle on your cash flow

During the time of business growth, the things like accounting can move to the bottom of the list. You don’t have time to view reports and managing collections. At this time, accounting service provider will keep a handle on the cash flow in your business and help you get rid of financial problems in your business.

These are the basic advantages you can attain by an outsourcing accounting service provider. You can outsource an experienced service provider like Tax Home. At tax Home, you can find the best tally accountant Delhi to manage the cash flow in your business. So, outsource Tax Home and get the best services of tally accountant in Delhi.