Honest Reliable Ontime…Everytime

President Barack ObamaThe Audacity of Hope

I believe in the free market, competition, andI believe in the free market, competition, and

entrepreneurship.entrepreneurship.“

”

Proprietorship to Company

Rahul AgarwalDirector

www.idealinsurance.in

Honest Reliable Ontime…Everytime

Honest Reliable Ontime…Everytime

Why- When?

1)Scalability2)For Building up a Team3)For Getting Funding4)Branding5)Indispensable for Export-Import

Honest Reliable Ontime…Everytime

Which country had the most number of registered Companies in the World

and how many???

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Pros

1)Limited Liability2)“Status” & “Perception”3)Professional Character to Business4)Better Monitoring/Compliances5)Essential for Funding6)Easier to Show Expenses

Honest Reliable Ontime…Everytime

Cons

Need to spend Money to start a CompanyRegular Compliances

Yearly Audit All accounts to be submitted to Dept. of

Corporate Affairs Yearly Fees Maintain Shareholding Patters

Certificates and Registrations (Trade License, P Tax, ESI, Provident Fund)Anyone can access your Financials

Honest Reliable Ontime…EverytimeHow?Choose a NameGet it approved by ROC

Name has to be justifiedAuthorized Capital to be decided – depends on ROC

For Industries minimum Rs 2 crore “India” costs higher Ideal Finance is min. Rs 2 crores

Registered office Address and 2 DirectorsTrade License, P Tax RegistrationBank AccountMemorandum and Articles –– Object Clause

(What Business )

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rahul@idealinsurance.in

9830882728 / 9820141915

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