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1. Setting Up Of Company In Bangalore Is Now Easy And Simple!
Bangalore is a huge IT hub in India and the reason behind it is because of its beguiling
climate and the westernized culture. There is a lot of ground work you need to do when
you plan to start a private company. Becoming an entrepreneur and running a company is
not an easy task. You should know corporate laws before you establish a corporate
company. But setting up of company in Bangalore is now very easy with the assistance
you get from the consulting services here. There are companies here that have more than
15 years of experience in aiding businessmen with innovative ideas, strategies and steps
to create and establish a world renowned company.
There are three basic necessities for initiating a company. Just a mere presence of a
manager along with few employers under him forming a team does not contribute to the
growth of a company. Or you cannot say this set up as a private company. It should have
proper charted accountants, company secretaries and team of advocates who take care of
the processes, profit gain margins and other liabilities associated with the company.
These are very important whenever you consider starting up a company. Businesses can
be categorized into manufacturing or services. Either you manufacture a product or give
service to others products. Therefore you should know in advance what is needed and
how much is needed for the initial investment.
These charted accountancy firms simplify your tasks by providing outstanding
processes. You can either make a foreign company as subsidiary or start a branch or
liaison office anywhere in India or can start up with a fresh idea and commence your
business. From managing payroll to all the taxation related services are done by these
firms. Once you start your business you need to make sure your investment, expenditure
and profit tally. This is done at the firms where your company will be allocated with
accountants who work specially for your company and take care of all your finance and
accounts related functionalities.
Some of the other factors under setting up of a company are infrastructure, getting the
certificate from the government or the government approval, resources and location of

2. the company. The company incorporation and allied services offered by the consulting
firms help you to get your trade mark. They also help you in getting registered and walk
you through the various corporate laws and rules. Some of the registrations you need to
do are getting PAN and TAN, Service Tax, IE code, Professional Tax and factory
registration. Once all these are registered, this is the stepping stone to your new business.
There should be two-member team when you want to start a corporate company; director
and secretary. Once this is satisfied your registration process is a cake walk.
Other services that you get from the consulting firms include payroll services like
preparing HR manuals, payroll processing, compliances and tax and investment planning.
Then accounting services include accounts payables, receivables, accountings and tax
planning. For all these services, latest technology and software applications are applied
and used and therefore you get accurate results. Some of the facts like TDS percentage
and tax percentage are all calculated by the accountants. On purchase of immovable
property you get 1% tax, whereas if you do not have a registered PAN, you need to pay
50%. Therefore the accountants play safe with your and bring about a very good profit
margin.
These are the primary reason that setting up of company in Bangalore is never a tedious
job. There are firms available online where each and every specific about their services
are given. You can browse through their services and contact them for further course of
actions! More information http://www.balakrishnaconsulting.com .