How To Select Legal Consultants for Proprietorship Company Registration in Chennai


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How To Find Legal Consultants for Proprietorship Company Registration in Chennai? When starting a consulting business, you may not give much thought to the type of entity you choose for your company. While the simplest of entities is the sole proprietorship, it offers the least legal protection. In addition, the legal structure can affect the amount of tax you have to pay. A strategic choice of legal entity can help minimize your taxes and protect your assets. which offers many advantages over an Filingpoint also carries more responsibilities to the shareholders.

 

When registering your business, you will need to choose a legal name. A sole proprietorship is an entity with the same legal name as its owners, but you can choose a different name if you want to use a different trade name. If you are a consultant, for instance, you can choose a fictitious name to differentiate your business from your personal finances. If you are starting a consulting business, you may also want to use a fictitious one. However, remember that the legal name is not the same as the business name, so you should consider the difference when selecting a business name.

 

A sole proprietor can also start a business as an individual. However, this method has its disadvantages. For one, the sole proprietor's personal asset. Furthermore, a Limited Liability Company is unincorporated, which means that it is not a legal entity. A limited liability company can also reduce your personal liabilities, which you certainly don't want to have if you are starting a business.

Contact Filing Point for Proprietorship Company Registration Consultants in Chennai +91 7299972500

 

 

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