If you are planning a web hosting company in India then it will be a profitable for you if you plan well for your business. Legal compliances are also important before starting a business so in future you don’t have to face any legal problem. This article talks about the private limited company registration which is necessary for your company and SSI registration which recommendable because you will get many benefits from the government after obtaining this.
What is Hosting Company?
A web hosting company is a company that provides services of webhosting which means they allowed to the Organization and Individual to post a website or webpage onto the internet. A web host, or web hosting service provider, is a business that provides the technologies and services needed for the website or webpage to be viewed in the Internet. Websites are hosted, or stored, on special computers called servers.
How to start a web hosting company
• If you are planning to start a web hosting company then you have to conduct a market research first because it is very important to know about the running web hosting company so you will get an idea about services provided them and pricing of services so you can set your own prices according to competition. Market research is also important for making business plan a business model so you should conduct a market research.
• To start any company you have to comply with all legal compliances and if you are thinking of starting a private limited company then you have to register your company under the ministry of corporate affairs.
• Your web hosting business can be incorporate as private limited company if there are two or person in your business, it is mandatory to be a minimum of two person for its incorporation. Process of company registration is very easy and simple you can register your web hosting business under Ministry of corporate affairs. First step of company registration is you have to obtain first your Director identification number and Digital signature certificate of proposed director for which you have to give personal and profession details of proposed directors then you have to reserve your company’s name through Run services.
• After making of digital signature you can file your application of incorporation on the website of ministry of corporate affairs. You have to file your Memorandum of association and article of association along with incorporation form. After successful submission of your incorporation form you will get your company registration number. You can use this registration number as a legal proof and after getting registration number your company will become a legal person which can sue or can be sued and it will be a separate legal entity.
• If your business is small and you want to get benefits from the government schemes then you can register your company under the small scale industry (SSI) it is a registration which can be done under the Ministry of Micro, Small and Medium enterprises. Once you get a SSI registration you will become eligible for various government schemes and subsidies. SSI registration can be done online and process of online registration is very easy and simple. Your business will also exempted under the tax laws and it has many benefits like you will get loan on low interest rates. So you should done your SSI registration. There are two types of registration is available under SSI one is provisional and another is permanent registration.
If you are planning of starting a business of web hosting then you should consider the above given points as it is very important to get your company’s registration number because without getting done your registration under Ministry of corporate affairs your company will not be a valid legal person as above mentioned that company is legal person which can sue or can be sued which is not possible without legal registration under MCA.
SSI registration is also recommendable to you because by obtaining this your business will get many benefits under the government schemes and you will get subsidies from the government and your registration can be done through online mode. After starting your business you should take care of your payable tax because you have to pay tax in every prescribed time and now you can file your income tax through income tax efiling so it can be done through online mode.