Term Paper of Business Environment

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PROCEDURE TO SETUP BUSINESS IN INDIA

Submitted to: - Compiled by:-

Mr. Pranav Ranjan Yogesh Sharma

LOVELY SCHOOL OF BUSINESS

Reg. No. – 10901333

Roll. No. - R1901B26

ACKNOWLEGEMENT

It was a golden opportunity for me to associate myself with this highly professional organization.

I am indebted to Mr.Ashok Mittal Vice chancellor and my Class Incharge Mr Pranav Ranjan. I wish to acknowledge my deep sense of gratitude to Dr.Ravinder Nagpal who provided me full co-operation and knowledge whenever I needed.

I am also very happy to include the names of my friends, well wishers for their valuable help and friendly advice during my term paper.

While writing this report, I have kept in mind the entire requirements needed. Although every care has been taken to check the entire mistake & misprint. Yet it is difficult to claim perfection.

Yogesh Sharma

PROCEDURE TO SETUP A BUSINES IN INDIA

First Question comes to our mind that what type of company we are going to setup in India?

Types of business entities in India:

In India, the following types of business entities are available

• Private limited company

• Public limited company

• Unlimited company

• Limited liability partnership

• Partnership

• Sole proprietorship

• Liaison office

• Project office

• Branch office

• Joint venture company

• Subsidiary company

Both the Indian promoters and the foreign promoters can form the above mentioned business entity.

We here are talking in the formation of public limited company. A company in India can have foreign