1. Corporate Legal Services

2. The procedure for incorporation of a
company appears confusing to most
businesses. This has made way for various
corporate law firms to extend corporate
legal services. They also look after all the
tasks linked with incorporation of a
company. Also, they give corporate
advisory services to help the clienteles to
make a decision as to which class of
incorporation applies to the many
different types of clienteles. Let us take a
look at the many various types of
incorporations as that will assist clienteles

3. In plain words, incorporation means to change a
clientele into a legal structure that is accredited by
law. After incorporation, a business becomes a
distinguished corporate entity. Many types of
companies can get themselves incorporated to reap
the benefits of getting incorporated. Some of the
types of the companies that get incorporated are
one person companies, private limited companies,
limited liability partnership, public limited
companies, part IX companies, section 25
companies, and foreign companies. The process of
incorporation for all of the listed companies is
almost the same except for a few inclusions and
exclusions here and there.

4. Private company incorporation needs business to have at least
two directors with a paid up capital of at least one-lakh
rupees. In a private limited company, the capital is raised
mainly by private shares or personal deposits. For
incorporation of a company as per company law, the
petitioner first needs to submit a minimum of one to six
names for the proposed company. The availability of the
nominated names should be checked online and submitted
with an application to Registrar of Companies (RoC) in order
for the name of the company to be approved and registered.
Assistance is often rendered by the corporate law firms with
the availability of name and also suggestion with regard to the
right appropriate kinds of names that suit the company
profile. The next step after registration is for the petitioner to
seek for Director Identification Number (DIN). DIN is
allotted to each of the company's directors. Digital signatures
applications are also made for the directors of the company.
Other forms such as form 1, form 18 and form 32, are
needed to be filed by the petitioner. The certificate of

5. Shares and public deports are the main
source of capital of a public limited
company. Public limited company
incorporation requires the business to have a
at least three directors, seven subscribers,
and five-lakh rupees minimum paid-up
capital. Incorporation of a public limited
company procedure stands the same as it is
for a private company with the exception of
additional forms such as form 29 and form
20 to be submitted with the Statement in
Lieu of Prospectus. Businesses seek
corporate legal services to avoid mix-up with
mandatory and minimum requirements for

6. There has been a new addition to the
Companies Act of 2013, which is the One-
Person Company. This allows the
shareholders to get their businesses
incorporated. In One-Person Company, one
shareholder is eligible to be the company's
director. For a One-Person company, there
are up to fifteen directors allowed. The
benefits of a private limited company are
applicable to a One-Person Company. A
minimum paid up capital of one-lakh is
needed for the incorporation of One-person
company. The procedure needed by the One-
Person Company incorporation just like the

7. Limited Liability Partnership:
In a limited liability partnership, the
name registration is done by submitting
form 1 and then the applicant needs to
submit form 2 for incorporation of
company. In form 2, the things declared
are partner details and their authorization
to act as partners. LLP agreement is made
after this under Section 23 of the LLP
Act. Within 30 days, following company
incorporation, this has to be filed through
eForm 3 with the registrar.

8. Part IX Company:
Seven or more members comprise this
company and this has been registered
under the Companies Act, 1956, Part IX.
Joint stock companies are included in the
Part IX companies. In these companies,
capital is divided into shares by the
permanent paid up capital. Even here, the
same procedure of private company
incorporation is implemented for part IX
company, but this include a few additional
forms such as form 37 and 39.

9. Section 25 Company:
Any company listed as a section 25
company is a non-profit organization.
This company advances into things such
as science, arts, charity, etc. In a section
25 company, income is not distributed
among the company members. An eligible
non-profit business has to file form 1A for
its name reservation and approval
followed by application for DIN and
digital signature certificate DSC, for
incorporation of company. Also, form
24A, 1, 18, and 32 are needed to be

10. Foreign Company:
Submission of form 44 with the
digital signature of an authorized
representative is mandatory, if any
foreign company aims to establish its
business in India and wants to get
itself incorporated. Also, DSC is a
mandatory requirement.
For more info visit http://
www.accuprosys.com

11. Businesses can also get themselves registered
under sole proprietorship, in addition to the
companies listed above. Registration is not
needed for, starting up a sole proprietorship
company, but things such as licenses, import
export code, etc. are needed and have to be
taken care of.
Corporate legal Services

12. The Ministry of Corporate Affairs website is
where all the forms can be obtained from.
Also, a step-by-step procedure is given in the
website which describes the incorporation of
the company. All the forms and documents
can be submitted online through the website.
It is suggested to get corporate advisory
services for incorporation of a company to
get the proposed business incorporated
without any kind of major hurdles.

13. Accuprosys is one of the best corporate legal
service companies in India. The company,
based in Hyderabad, has a good reputation
and is going strong since its establishment.