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A Private Limited Company is an organization which is secretly held for independent ventures. The risk of the individuals from a Private Limited Company is restricted to the measure of offers separately held by them. Shares of Private Limited Company can’t be publically exchanged.
A Public Limited Company is a type of organization whose offers might be uninhibitedly sold and exchanged to open when contrasted with Private Limited Company. Public Limited Company restrains the obligation of investors to the degree of their capital. Least three executives can frame Public Limited Company.
One Person Company (OPC) is a secretly held organization, which can be framed by a solitary individual. This type of organization gives a corporate personality to a Proprietorship business. One Person Company is a different lawful substance and limits the risk of individuals to the degree of their capital.
Limited Liability Partnership (LLP) is a type of Partnership which gives highlights of Private Limited Company too. Least two designated accomplices can form it. LLP shape is useful for private ventures which are not searching for Equity subsidizing from VC’s or HNI’s.
A Charitable Company can be enrolled under put stock in act or according to arrangements of Section 8 of Companies Act 2013. Such altruistic organizations can be enlisted for advancing art, science, commerce, Technology, sports, education, social research, social welfare, religion, charity, and protection of environment and so on.
Due to increasingly Economic Reforms and Free trade policy of Indian Govt. and various other benefits like access of Best Human Power available in Indian Market, increasingly Foreign Companies are coming forward to set up business in India.
A Partnership Firm is an element made by at least two people as accomplices for Profit. It is anything but difficult to make a Partnership Firm. Accomplices have boundless obligation in an association firm. A Partnership can be made by making a Partnership Deed.
A Trust can be enlisted as a Private Trust or Public charitable trust. A fundamental component of each trust is the trust property. Property must exist and be unequivocal or ascertainable at the time the trust is made and all through its reality.
Any seven or more persons associated for any Literary, Scientific, or Charitable purpose, may, by subscribing their names to a Memorandum of Rules and Regulation and filing the same with the Registrar of Societies form themselves into a Society under the Societies Registration Act, 1860.