Being in want for a prompt, economical and Volant dispute resolution procedure which is aided by the developing technology of the country and various economic liberalization policies, lead to the changes in the arbitration act which has been now brought into force with the hope of making India a preferred seat of arbitration because of the dampening of the old resolution system for the small and medium scale businesses who are in a fight with the large companies, business or firms.

The company registration process in India goes through a number of steps and only then the company is provided with a registration certificate after which the company can commence its business operation in India.

Registered Company Office Rent Agreement (Notarised: For rented property) Property (Director / Relative) - Registry Proof / House Tax Receipts (Notarised) Latest Electricity Bill NOC from the owner on the name of any director (Notarised) Related Articles Requirements for Private Limited Company Requirements for One Person Company Requirements for Nidhi Limited Company Requirements for Limited Liability Partnership

Registered Company Office Rent Agreement (Notarised: For rented property) Property (Director / Relative) - Registry Proof / House Tax Receipts (Notarised) Latest Electricity Bill NOC from the owner on the name of any director (Notarised) Related Articles Requirements for Private Limited Company Requirements for One Person Company Requirements for Public Limited Company Requirements for Limited Liability Partnership

Minimum requirements for the OPC are as follows; 1 Director 1 Member Minimum share of paid-up capital Rs. 1 Lakh DIN(Director Identification Number allotment) Digital Signature Certificate(DSC) Documents Required The ID Proof of the applicant & the nominee Address Proof of the applicant & the nominee Passport Size Photograph Current Occupation if any Contact details of the applicant Educational Qualification of the applicant Memorandum of Association(MOA) Article of Association(AOA) E-forms with RoC(Registrar of Companies) Copy of PAN Card of member and nominee Consent of nominee in Form No.

To set-up a Limited Liability Partnership you need to register with the Companies House, this process is known as incorporation.

To formulate a Private Limited Company, A Chartered Accountant, Company Secretary or a Lawyer is required to do the filings for the formation of Private Limited Company.

Distinct Legal Entity: The Private Limited Company has a distinct existence and a juristic person (not a natural person or human being) established under the Act.

No. of persons Involved: The second key factor for choosing the right type of company depends upon the number of persons involved in the initial stage of the startup. 3.

The available business structures available in India for making profits are described under the below main heads: Partnership Firms Sole Proprietorship Private Limited Company One Person Company Public Limited Company Limited Liability Partnership (LLP) There are also few more business types that can be registered in India, which are: Unlimited Company Producer Company Liaison Office / Representative Office Project Office Branch Office Joint Venture Company Subsidiary Company Section 8 Company Registered Societies Public/Private Trust NGOs Let us have a quick idea on what they mean in India as per the Act 1.