ISO Certification
ISO certification has been largely considered as a quality management tool which provides a kind of identity to company's quality management system. It standardises how businesses and organisations involved in commerce and industry manage information and processes. It simply means that organisation has met certain requirements.
- ISO 9001-Quality management( Basic)
- ISO 10012-Measurement management systems
- ISO 14001 – Environmental management
- OHSAS 18001 – Occupational Health & safety management
- ISO 20000-1 – Information technology management
- ISO 22000 – Standard for food safety
- ISO 27001 – Information media security system
- ISO 31000 – Risk management
- ISO 4217 – Currency codes
- ISO 50001 – Energy management
Some Important ISO Standards
It must be noted that ISO itself does not provide certification to the companies. Certification is done by the external bodies. It is very important that you choose recognized and credible certification body.
ISO certificate is become an essenstial requirement to participate in government tenders and it also helps your organisation to build credibility in overseas business as well.
Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm | |
---|---|---|---|---|---|
Act | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | no |
Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
Separate Legal Entity | Yes | Yes | Yes | No | No |
Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
Statutory Audit | Mandatory | Mandatory | Dependent | Not Mandatory | Not Mandatory |
Ownership Transferability | Restricted | No | Yes | No | No |
Uninterrupted Existence | Yes | Yes | Yes | No | No |
Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
Tax Rates | Moderate | Moderate | High | High | Low |
Statutory Compliances | High | Moderate | Moderate | Less | Less |