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How to register coaching in up
Tuition centers can be registered as Private Limited Company or as LLP Company.
Reason being:
1. Private Limited Compan: It is the most popular legal structure for business and allows outside funding and also employee stock options. More stringent compliance measures to be followed, hence more credibility.
The company needs to appoint an auditor a...
Wazzeer Professional Network
ProfessionalHow to register coaching in up
Registration of a coaching centre
-
Wazzeer Professional Network
ProfessionalTuition centers can be registered as Private Limited Company or as LLP Company. Reason being: 1. Private Limited Compan: It is the most popular legal structure for business and allows outside funding and also employee stock options. More stringent compliance measures to be followed, hence more credibility. The company needs to appoint an auditor and the audited financial statements are to be submitted to MCA annually. The company is eligible to issue debentures and convertible debentures. The service charge ranges from Rs.7000/- to Rs.15500/- 2. LLP: Introduced in 2008, which is an improvement over the general partnership. This gives promoters an invaluable advantage of limited liability & the company can have continuous existence. The company has to be incorporated through Ministry of Corporate Affairs. Not even an audited annual returns need to be submitted to MCA. The service charge for this service ranges from Rs. 6000/- to Rs 14000/- "Get a Wazzeer' to start your tuition center seamlessly.about 1 year ago
View answer
How to register coaching in up
Registration of a coaching centre
-
Wazzeer Professional Network
ProfessionalTuition centers can be registered as Private Limited Company or as LLP Company. Reason being: 1. Private Limited Compan: It is the most popular legal structure for business and allows outside funding and also employee stock options. More stringent compliance measures to be followed, hence more credibility. The company needs to appoint an auditor and the audited financial statements are to be submitted to MCA annually. The company is eligible to issue debentures and convertible debentures. The service charge ranges from Rs.7000/- to Rs.15500/- 2. LLP: Introduced in 2008, which is an improvement over the general partnership. This gives promoters an invaluable advantage of limited liability & the company can have continuous existence. The company has to be incorporated through Ministry of Corporate Affairs. Not even an audited annual returns need to be submitted to MCA. The service charge for this service ranges from Rs. 6000/- to Rs 14000/- "Get a Wazzeer' to start your tuition center seamlessly.about 1 year ago
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