Factories Act Registration

July 11, 2021

WHAT IS FACTORY UNDER THE FACTORIES ACT, 1948? Section 2(m) of the Factories Act, 1948 defines ‘factory’ as any premises- Where ten or more workers are working or were working on any day of the preceding twelve months, and in any part of which a manufacturing process is being carried on with the aid of […]


CBTD Extends due dates – COVID 2021

May 21, 2021

Dated: – 20th May 21, 2021   Subject: – Extension of the time limits of certain compliances to provide relief to the tax payers in surge of pandemic. The Central Board of Direct Taxes (CBDT) an statutory body under the authority given by section 119 of the Income Tax Act, 1961 provides relaxation under certain […]


Faceless Assessment Scheme 2021

May 12, 2021

       Faceless assessment scheme   Introduction The Central Board of Direct Taxes recently announced the Faceless Assessment (1st Amendment) Scheme, 2021.For honouring the honest taxpayers, the Prime Minister has launched a faceless tax scrutiny.   What is the faceless assessment scheme 2019? The Central Government introduced the Faceless Assessment Scheme to provide greater transparency, efficiency […]


Resident and Nominee Director Services for Foreign Subsidiary Company

December 3, 2020

Resident Director Companies Act, 2013 provides that every Company shall have at least one director who has stayed in India for a total period of at least 182 days in the previous calendar year.  This Section 149(3) is applicable w.e.f 01-April-2014. We nominate Director in order to comply with the requirement of Resident Director. Professionalism is […]


Formation of Company | Section 3-Company Act 2013 | India

September 30, 2020

(1) A company may be formed for any lawful purpose by— (a) seven or more persons, where the company to be formed is to be a public company; (b) two or more persons, where the company to be formed is to be a private company; or (c) one person, where the company to be formed […]


Company Registration Filing Form – Manual to New Web-based SPICe + Form

September 25, 2020

SPICe Plus serves many requirements like name reservation, incorporation, DIN allotment, issue of PAN, TAN, EPFO, ESIC, Profession Tax (Maharashtra) and Opening of Bank Account and one can also acquire the GSTIN via SPICe + form. Part A:Name Reservation (Applicable to New Companies only) Part B: Company Incorporation Application for DIN PAN Application TAN Application […]


INDIA: An attractive destination for businesses

September 23, 2020

Establishing a company in India – Overview Indian economy is one of the fastest-growing economies in the world with GDP growth of around 7 – 8% and a population of over 1 billion as per World Bank Data (2016). The statistics show that India as of now boasts of a profitable and stable economy and […]


Steps to Starting a Business in India

September 23, 2020

Establishing a new business seems like a challenging proposition. Yet, it can reap great benefits for both the company and the economy at large. With many entities looking to set up enterprises, there are a few things to consider when you’re going for registering your business in India. With that in mind, we’re happy to […]


How to Register your Own Company in India from USA

April 2, 2020

How to Register your Own Company in India from USA Wondering how to register a company of your own in India while you are in USA? In this article, we will talk about the steps to register a company in India while you are in USA, which all entities can you form and which documents […]


Types Of Companies In India: For setting a IT Company in India

April 2, 2020

Types Of Companies In India: For setting a IT Company in India PRIVATE LIMITED COMPANY Private limited company is held by few individuals privately having separate legal entity. In this the shareholders cannot trade shares publicly. Shareholders cannot sell their shares without the approval of other shareholders. It is a company which restricts the right […]


Resident and Nominee Director Services for Foreign Subsidiary Company

March 31, 2020

Are you looking for Resident Director in India As per the provisions of sub section (3) of section 149 of companies Act, 2013, Every company shall have at least one director who has stayed in India for a total period of not less than one hundred and eighty-two (182) days in the previous calendar year. […]


FOOD LICENSE IN INDIA

January 22, 2020

The above image is the logo of the Food Safety and Standard Authority of India (FSSAI). In India, any individual or an entity proposing to begin with a food business must obtain a food license or a registration from the Food Safety and Standard Authority of India (FSSAI). Approximately 90% of food products have a […]


HOW TO START PRIVATE LIMITED COMPANY IN INDIA

January 20, 2020

Private Limited Companies are those companies which are privately held by the people. They are mostly preferred as a common business organization in India. Shareholders may operate the business themselves, or hire directors to manage the company on their behalf. The main characteristics of a company are as follow: Minimum 2 and maximum of 200 […]


STARTING BUSINESS IN INDIA STEP BY STEP GUIDE

January 20, 2020

Company registration has forever been a major hassle for entrepreneurs looking to set up their businesses in India. It’s no wonder then that India has been ranked 142nd on the Ease of Doing Business Index and 158th on Ease of Starting a Business. The newly introduced INC-29, a five-in-one form introduced by the Ministry of Corporate Affairs (MCA) in May 2015, […]


PRIVATE LIMITED COMPANY

January 20, 2020

A private limited company is a type of privately held small business entity. This type of business entity limits owner liability to their shares limits the number of shareholders to 200 and restricts shareholders from publicly trading shares. COMPANY LAW DEFINES A PRIVATE COMPANY AS ONE WHICH: the Companies Amendment Act, 2015 relaxed the minimum […]


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