Begin your entrepreneurial journey by registering your business with our expert services! Whether you are forming sole proprietorship or a partnership or a company or any other legal structure, we specialize in guiding businesses through the entire registration process.
With our comprehensive business registration services, you can transform your business idea into a legally recognized entity. From choosing the appropriate business structure to handling all the paperwork and legal formalities, we are here to provide you seamless and hassle-free registration services
Choosing the best suitable business structure depends on the following factors:
Factors | Sole Proprietorship | Partnership Firm | Limited Liability Partnership | Private Limited Company | Public Limited Company |
Legal Status | Not a separate legal entity | Not a separate legal entity | Separate legal entity | Separate legal entity | Separate legal entity |
Control and management | Proprietor is the sole owner | Partners of the firm are owners | Partners of the firm are owners | Controlled by Board of Directors | Controlled by Board of Directors |
Minimum and maximum members | Minimum: 1 | Minimum: 2 | Minimum: 2 | Minimum: 2 | Minimum: 7 |
Registration requirement | No formal registration required | Registered under Partnership Act, 1932 | Registered under Limited Liability Partnership Act, 2008 | Registered under Companies Act, 2013 | Registered under Companies Act, 2013 |
Capital raising options | Limited to personal funds | Limited to partner’s contribution | Limited to partner’s contribution | Easier to raise capital through equity, venture capital, etc. | Can raise capital through public issues of shares and debentures |
Liability protection | Unlimited Liability | Unlimited Liability | Limited to the extent of contribution | Limited to the extent of shares held | Limited to the extent of shares held |
Taxation | Taxed as individual income | Taxed as partnership (30% + Cess) | Taxed as partnership (30% + Cess) | Corporate tax at 25% + cess | Corporate tax at 25% + cess |
Compliance | Minimal | Moderate | Moderate to high | High | Very High |
Continuity and succession planning | Depends on the proprietor | Dissolved upon death/ retirement of a partner | Perpetual succession | Perpetual succession | Perpetual succession |
Suitable for | Small businesses with one owner | Small businesses with two or more partners | Service oriented businesses, professionals, etc. | Startups, growing businesses | Large businesses |
Sole proprietorship is owned, managed and controlled by a single owner called proprietor. In sole proprietorship there is no legal distinction between the business and its owner. As the business and owner are the same, there is no limited liability. It is very easy to start a proprietorship business and there are minimal compliance requirements.
There is no specific formal registration process established by the government for registering sole proprietorship business. However, a proprietorship business gains recognition through tax registrations and other relevant laws and regulations.
These are few essential registrations required to legally recognise the Proprietorship firm:
HUF comprises all successors of a common male ancestor and includes their wives, and unmarried daughters. HUF consists of Karta (senior most male member), coparceners (Other members). In HUF Karta has the power to make decisions on behalf of the family.
HUF is considered a separate legal entity, and it allows families to pool their assets and manage them collectively. This structure is beneficial in planning succession.
The following steps are involved in registering a HUF:
A partnership firm is a legal structure where two or more individuals come together to operate the business and share the profits and losses. In partnership all the partners are personally liable for all the financial obligations of the firm. The liability of the partners in a partnership firm is unlimited i.e., in the case of losses, personal assets of the partners can be used to repay the creditors of the firm.
For a partnership to be legally recognised the following steps are to be followed:
A Limited Liability Partnership (LLP) is a unique blend of partnership’s and company’s features. In LLP, partners enjoy the flexibility and ease of a traditional partnership while benefiting from limited liability protection similar to that of a company’s shareholders.
Registration for an LLP includes:
One Person Company is a distinct business structure introduced under Companies Act, 2013, tailored for individual entrepreneurs who wish to benefit from a corporate entity’s advantages without the complexities of having multiple shareholders. It allows a single person to own and manage the business while enjoying the benefit of limited liability.
The following steps are involved in registering an OPC :
A Private Limited Company is a widely recognised business structure among startups in India. Private Limited Company offers various benefits such as separate legal entity, perpetual succession, limited liability, ease of raising capital and simple management structure.
Steps involved in registering a Private Limited Company are as follows:
A public Limited Company is the most suited structure for large businesses seeking to raise capital from the public. Unlike Private Limited Companies, Public Limited Companies have the added advantage of accessing capital from the public. However, this benefit comes with increased compliance requirements and regulatory obligations.
Public Limited Company registrations involves the following steps:
Section 8 Company is a non-profit organization (NPO) established under Section 8 of the Companies Act, 2013. It is formed with the objective of promoting charitable activities such as education, social welfare, arts, science, sports, and other similar activities.
Unlike other companies, a Section 8 Company does not aim to make a profit; instead, its profits, if any, are used to further its stated objectives.Section 8 Companies can avail of various tax exemptions and benefits under the Income Tax Act, 1961, provided they comply with specific provisions and are registered under Section 12A and 80G.
Registration process for Section 8 Company:
A Limited Liability Company (LLC) is a legal entity that offers the liability protection of a corporation while providing the tax advantages of a partnership. It is a popular choice among small businesses due to its flexibility. An LLC can be owned by one or more members, who can be individuals, corporations, foreign entities, or even other LLCs.
Steps involved in LLC formation are:
An S Corporation (S Corp) is a type of corporation that qualifies for special tax treatment under Subchapter S of the Internal Revenue Code. This status allows the corporation to pass its income, losses, deductions, and credits directly to its shareholders, who report them on their personal tax returns. This structure combines the advantages of incorporation with the benefit of avoiding the “double taxation” faced by C Corporations, where income is taxed at both the corporate level and again at the shareholder level.
Steps involved in formation of S – Corp are:
A C Corporation (C Corp) is a type of legal business entity where the owners, or shareholders, are taxed separately from the corporation itself. This structure offers strong protection against personal liability for its owners and enables the corporation to raise capital through stock issuance. C Corporations are the most prevalent type of corporation in the United States and are well-suited for businesses aiming to grow, attract investors, and reinvest profits into the company.
Steps to form a C-Corporation
When forming a business in Dubai, choosing the proper legal structure is crucial, not just in free zones but also on the mainland and offshore. Here’s a broader look at the options:
In UAE’s free zones, you have a variety of legal structures to choose from for your business, each with its own set of rules and benefits:
In the Mainland, you have a variety of legal structures to choose from for your business:
In UAE’s free zones, you have a variety of legal structures to choose from for your business, each with its own set of rules and benefits:
Each structure caters to specific business models, scales, and objectives, from individual entrepreneurs to large multinational corporations.
Mainland companies in Dubai are integrated within the UAE’s legal framework, adhering to the national corporate taxation and regulatory standards.
Opting for a free zone company in Dubai brings the benefit of exemption from UAE corporate taxes and specific mainland regulations, promoting a highly favourable business environment.
Offshore companies in Dubai present an attractive proposition for businesses prioritising international trade and asset protection without the obligation to comply with local corporate taxes and specific regulations.
We proactively provide a comprehensive range of essential registrations that are crucial for any business, regardless of its legal structure. These registrations help ensure your business complies with all statutory and regulatory requirements, enabling smooth and hassle-free operations. Here is an overview of the common registrations we offer:
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