Company Registration: A Complete Guide for New Businesses
Company registration is the legal process of forming a business entity under the laws of a particular country. It gives your business a recognized legal identity, allowing you to operate lawfully, open a bank account, enter contracts, and build credibility in the market. Whether you are a startup founder, entrepreneur, or small business owner, understanding the company registration process is essential for long-term success. What is Company Registration? Company registration is the formal incorporation of a business with the relevant government authority. Once registered, the company becomes a separate legal entity from its owners, depending on the type of structure chosen. In India, company registration is regulated by the Ministry of Corporate Affairs under the Companies Act. Why Company Registration is Important Registering your company offers several benefits: Legal Recognition A registered company has a distinct legal identity separate from its owners. Limited Liabili...