Starting a business begins with choosing the right legal structure. The type of business registration impacts taxation, compliance, funding, and growth potential.
Common Types of Business Registrations
- Sole Proprietorship – Suitable for small businesses
- Partnership Firm – Ideal for two or more partners
- Private Limited Company – Best for startups and scalability
- One Person Company (OPC) – Single owner with corporate benefits
- NGO / Trust / Society – For non-profit activities
Factors to Consider Before Registration
- Nature of business
- Investment and funding plans
- Compliance requirements
- Tax implications
- Long-term growth goals
Documents Required
- Identity & address proof
- Business address proof
- PAN Card
- MOA & AOA (for companies)
- Partnership deed (if applicable)
Advantages of Proper Business Registration
- Legal identity
- Limited liability protection
- Easier funding and loans
- Better trust with clients
- Compliance with government laws
How Adviso Compliance Helps
We assist in selecting the most suitable business structure, preparing documents, filing applications, and ensuring smooth approval with government authorities.
