Press Release (ePRNews.com) - LAXMI NAGAR, India - Feb 18, 2017 - SMC Corporate Solution Ltd is the name creates the first edge for the Entrepreneurs to commence their own business. To commence a business, the first and foremost requirement is to register the business in the some forms of organization like a Limited Company, Private Limited company, LLP, partnership firm, Proprietorship Firm, society, trust, NGO and then other legal formalities like opening bank account, pan allotment, import export code, service tax registration, sales tax registration (TIN) etc. After providing this first edge to the business, the business owners may freely continue making and running over the edges to achieve their organization goal.
During their journey to the success, we support them with financial & legal consultancy. We are also engaged in accounting and taxation work, internal and external audit and other legal compliances. SMC Corporate Solution Ltd is providing services since 1994, and in span of 21 Years, it experienced more than 3200 incorporation including all forms like private limited company, LLPs, societies, trusts etc.
For the most of these organizations it has complied with other legal formalities. We have a team of specialist who cater to the needs which may be arise in the course of managing issues of an Enterprises, comprising taxation and other legal matters, accounting, internal and statutory audit, and legal compliances. A private limited company is a voluntary association of not less than two and not more than two hundred members, whose, liability is limited i.e. the transfer of whose shares is limited to its members and who is not allowed to invite the general public to subscribe to its shares or debentures.
What Are the Benefits of Registering a Company?
SMCAnyone can decide one day to start operating as a business. All that person has to do is provide a product or service to another person that produces a profit to be “in business.” While registering a business with the state or local government isn’t necessarily required to complete business transactions, it is a smart choice for a new entrepreneur for a variety of reasons.
Establishing Business Bank Accounts
You need to provide proof that your business is properly registered with the state to open a business bank account. A business bank account is an important asset to a small business because you can separate your personal activities from your business activities. It is also more professional to give your clients a business name for payment instead of your own full name.
Reputation With Customers
Customers and clients, especially people you’ve never worked with before, need assurance that you are a legitimate business. A potential client may suspect your business of being a “fly-by-night” operation if your company isn’t properly registered. When a business is on file with the state, it could put your clients at ease when making a decision about whether to spend money with your company.
A registered business also makes you eligible to receive supplier discounts that you wouldn’t normally receive as an unregistered operation. Suppliers commonly reserve wholesale rates for business owners who can show official paperwork from the state. Also, if you plan to try to get government contracts for your company, a business registration is one of the first requirements.
A business registration allows you to hire full-time employees and pay them in accordance to Company laws. When you register your business with the state you’ll receive a Corporate identification number that allows you to route Company taxes on the employee’s behalf. So if you plan to hire on employees to your business, it’s best to take care of registering your business with the MCA before you even start the search for workers.
When you apply for small business loans, you’re going to have to prove that you’re actually a business. Lenders and investors will ask to see your business registration along with other application requirements before approving you for a loan. If you apply for a credit card as a business, creditors may also ask to see your registration paperwork..
SMC Corporate Solution LTD
816, 8th floor, Laxmideep building,
Near Nirman Vihar Metro Station,
New Delhi – 110092
Email – firstname.lastname@example.org
SMC Corporate Solution Ltd