Counsel
Ask an expert!
Legal, accounting and compliance advice from qualified professionals.
Congratulations on your venture!
Let me start by clearing each of your doubts point wise,
1) It really does not matter by whom you get your business registered, all that matters is efficiency and quality. Breaking it down:
- Local CA or CS: Yes, you can get this done by them, a survey of 170 entrepreneurs states that it is...
W Network
caI'm into web development business and look forward to Register the same as Private Limited Company. I've few doubts: 1) What is best way to Register a company. Online through companies like an e-portal, etc or Offline through a lawyer or Auditor. 2) What is the minimum & maximum percentage, I can give to the Co-founder of the company. 3) I'm also looking forward to get a Investor for the business, what role can I give to him (Other than directorship). What would be best option other than Directorship which will satisfy the investor that he's a part of the company.
-
W Network
caCongratulations on your venture!
Let me start by clearing each of your doubts point wise,
1) It really does not matter by whom you get your business registered, all that matters is efficiency and quality. Breaking it down:
- Local CA or CS: Yes, you can get this done by them, a survey of 170 entrepreneurs states that it is a cumbersome process
- Hiring a CA or CS and getting work delivered automatically: Platforms like at www.Wazzeer.com
Note: One thing that should be clear is, you will need a professional to do this job.
2) You can give any percentage to Co-Founder of the company, Minimum is 1% and Maximum is 99%.
3) Other than Directorship, You can appoint the investor as the Chief Executive Officer, Chief Financial Officer, Head of any Department in which he is having Expertise, or if he just want to invest in the company then you can issue Equity Shares equal to invested amount so that he will have the stake in the company or you can give Compulsory Convertible Debentures.
'Get a wazzeer' to have the best team of lawyers and chartered accountants who can help you in all the compliances. We aim for a long term relationship, end of the day that is what matters the most.
Links to relevant blogs, that can help you take a better decision:
- What are the entity options to register a business in India?
- Choosing business name in India? Maybe you should do it over
- Legal and Tax Compliance for an E-commerce startup in India
- When you decide to add a Director to your Company
- The reason behind strong correlation between IP Rights and Fundraising
- Intellectual Property Rights
- Startups, this is the Procedure to Issue ESOP
about 3 years ago
View answer
I'm into web development business and look forward to Register the same as Private Limited Company. I've few doubts: 1) What is best way to Register a company. Online through companies like an e-portal, etc or Offline through a lawyer or Auditor. 2) What is the minimum & maximum percentage, I can give to the Co-founder of the company. 3) I'm also looking forward to get a Investor for the business, what role can I give to him (Other than directorship). What would be best option other than Directorship which will satisfy the investor that he's a part of the company.
-
W Network
caCongratulations on your venture!
Let me start by clearing each of your doubts point wise,
1) It really does not matter by whom you get your business registered, all that matters is efficiency and quality. Breaking it down:
- Local CA or CS: Yes, you can get this done by them, a survey of 170 entrepreneurs states that it is a cumbersome process
- Hiring a CA or CS and getting work delivered automatically: Platforms like at www.Wazzeer.com
Note: One thing that should be clear is, you will need a professional to do this job.
2) You can give any percentage to Co-Founder of the company, Minimum is 1% and Maximum is 99%.
3) Other than Directorship, You can appoint the investor as the Chief Executive Officer, Chief Financial Officer, Head of any Department in which he is having Expertise, or if he just want to invest in the company then you can issue Equity Shares equal to invested amount so that he will have the stake in the company or you can give Compulsory Convertible Debentures.
'Get a wazzeer' to have the best team of lawyers and chartered accountants who can help you in all the compliances. We aim for a long term relationship, end of the day that is what matters the most.
Links to relevant blogs, that can help you take a better decision:
- What are the entity options to register a business in India?
- Choosing business name in India? Maybe you should do it over
- Legal and Tax Compliance for an E-commerce startup in India
- When you decide to add a Director to your Company
- The reason behind strong correlation between IP Rights and Fundraising
- Intellectual Property Rights
- Startups, this is the Procedure to Issue ESOP
about 3 years ago
Looking to hire a professional from our handpicked community?
Explore our services, submit your request and let us do the rest for you.