How To Register A .com Company

Hi,
We are working on a web portal development and are about to roll it out in May end. This is our first time at entrepreneurship.
Can somebody tell me if we need to register the company as pvt ltd. And if so how to register ? What are financial and legal issues involved.
Thanks in Anticipation.
Sandip

Thanks Ravikumar,
that was definitely a good read.
Do you have information about sole propreitor concern and how to go about establishing a sole propreitory concern?
Thanks,
Alin

Pl check local laws like Shops and Establishment Act and you need get registration certificate under the above act from local municipal authorities in the urban areas.But my advice is go for company rather sole prop.It is matter of credability in the market.The business circles prefer companies,Even banks prefer companies for lending loans.You and your wife{other family members } with share of upto 1lakh can become directors of the company.
best of luck/wishes
Yours
Ravi kumar

shujathmir,
The question was about the registration of company for a .com website.
Actually the website has the campus recruitment services, which are charged to HRs as per the need. So in order to streamline the payments, the registration needs to be done and account should be opened in company's name. So that calls for the registration of the website under a registrated company. Currently the website name has been registered and web hosting has been purchased.
If you have any more information for a business in such scenario, please put in your thoughts.
Sandip
09886515516
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