Location/City	Pan India
Document	Pan Card
Type	Taxation Consultant
Type Of Service Provider	Financial Consultant
Type Of Industry / Business	Legal
Project Duration	5-7 Working Days
Type Of Ownership	Limited Liability Partnership
Mode Of Service	Online

Choosing the right company structure for your business is as important as any other business-related activity. The right business structuring will allow your enterprise/entity to operate efficiently and meet your required business targets. In India, every company must register themselves as part of the mandatory legal compliance. Before we learn how to register a business, let’s try and understand the types of business structures in India. 
 
What are the types of business structures in India?

Let’s try and understand the types of business structures available in India. Here is a list of some of them:
1. One Person Company (OPC) Registraion
OPC Registration Services in Delhi. OPC introduced in the year 2013, an OPC is the best way to start a company if there exists only one promoter or owner. It enables a sole-proprietor to carry on his work and still be part of the corporate framework.
2. Limited Liability Partnership (LLP) Registration
LLP Registration Services in Delhi. A separate legal entity, in an LLP the liabilities of partners are only limited only to their agreed contribution.
3. Private Limited Company (PLC) 
Private Limited Company Registration Services in Delhi. A separate legal entity from its founders  It has shareholders (stakeholders) and directors (company officers). Each individual is regarded as an employee of the company.
4. Public Limited Company (PLC)
Public Limited Company Registration Service in Delhi. It has a separate legal existence and the liability of its members are limited to shares they hold.

Person can choose what business structure suits your business needs best and accordingly register your business.

Person Can choose also following option in company registration services:

• Sole Proprietorship Company Registration
• Hindu Undivided Family
• Partnership firm Registration Service

Please bear in mind, these structures do not come under the ambit of company law.  
Why is it important to choose the right business structure?
It is important to choose your business structure carefully as your Income Tax Returns will depend on it. While registering your Company, remember that each business structure has different levels of compliances that need to be met with. For example, a sole proprietorship company has to file only an income tax return.

However, a company has to file an income tax return as well as annual returns with the registrar of companies.

A company’s books of accounts are to be mandatorily audited every year. Abiding by these legal compliances requires spending money on auditors, accountants and tax filing experts.

Therefore, it is important to select the right business structure when thinking of company registration. An entrepreneur must have a clear idea of the kind of the legal compliances he/she is willing to deal with.

While some business structures are relatively investor-friendly than others, investors will always prefer a recognised and legal business structure. For example, an investor may hesitate to give money to a sole proprietor. On the other hand, if a good business idea is backed by a recognised legal structure (like LLP, Company, etc) the investors will be more comfortable making an investment.

Location/City	Delhi
Type Of Ownership	Limited Liability Company
Company Location	Pan India
Professional Experience	15+ year
Type Of Service	New company registration
Type Of Industry	Service

Insurance Marketing Firm Registration

Insurance Marketing Firm (IMF) Registration is the new concept approved by IRDAI. This allow eligible Applicants to become Insurance Marketing Firm as per the prescribed Regulations and have multiple tie-ups with insurers. The Insurance Regulatory and Development Authority of India (IRDAI) released Regulations  for registration of Insurance Marketing Firms on 21st January, 2015.

Why become an IMF?

Insurance Marketing Firm is a great opportunity for financial professionals/entrepreneurs who aspire to provide wholesome financial protection through professionally run firms. Insurance Marketing Firms ("IMF") can be a Company or LLP or Cooperative Society; or any other entity as may be recognised by the Authority. Insurance marketing firms can engage in the following activities.

Solicitation of insurance products:

IMFs can solicit and procure insurance products of 2 life, 2 general and 2 health insurance companies. However with respect to general insurance, IMFs can market only retail (individual) lines of products.

Undertaking of Insurance servicing activities, only if IMFs have agreement for solicitation with Insurer:

Back-office activities of insurance Company as per the IRDAI Guidelines on Outsourcing of activities by Insurance Companies, 2011;

Becoming approved person of insurance repositories;

Undertaking survey and loss assessment work by employing licensed surveyors & loss assessors;

Any other insurance related activity permitted by IRDAI from time to time.

Bneev Consulting LLP is experts in registering a private limited company, one person company, Nidhi company, section 8 company, producer company or Indian subsidiary.

Bneev Consulting is also expert in GST Registration Services, GST Return Filing Service, NGO Registration, Import Export Code License, Trademark Registration, Online LLP Registration, Online Private Limited Registration, GST Compliance Service, ROC Annual Return Filing, LLP Annual Return Filing, Removal of Director, Addition of Director, Company Closure, and Conversion of Private Limited to LLP, Conversion of LLP to Private Limited Company.

 

Bneev Consulting also provide Virtual Office for Private Limited Company, LLP Company, Startup Company. Bneev Consulting also provide Online CFO Service, Boo-keeping, Accounting Service in India.

Marketing of other financial products through FSE by respective financial regulator:

Mutual funds (SEBI);
Pension products (PFRDA);

• Other financial products of SEBI licensed Investment Advisors;
• Banking/ financial products / NBFC;
• Non-insurance products offered by Department of Posts, GoI;
• Any other product permitted by IRDAI.

IMF to have a Principal Officer with experience in insurance or financial services to exclusively supervise the activities of IMF. It will also have Insurance Sales Persons (“ISP”) to solicit insurance products and Financial Service Executives (“FSE”) to market other financial products.

For more detail or information call us on 9599417811.

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