Any public limited or private company needs to have a board of directors constituted for the purpose of managing the day-to-day affairs of the Company. The reason for the existence of the board of directors is that there needs to be a body that is above the management and which can be accountable to the […]
Selection of the correct form of business entity is the most important decision taken by an entrepreneur. To make choices simpler and assist you in taking a well informed decision, here is a basic comparison chart of Limited Liability Partnership (LLP) vs Partnership Limited Liability Partnership – A corporate form of Partnership Limited Liability Partnership […]
One of the most important decisions while registering a new company is deciding the Capital of the Company. For taking an informed decision regarding the capital of the company, one should understand two basic concepts relating to capital i.e. Authorized Capital and Paid Up Capital. The following points of differentiation will give us a better understanding of the […]
https://www.youtube.com/watch?v=VvOZeDibLMg Know about Private Limited Company. Click Here! We come across various instances when small businesses are not able to sustain in this highly competitive era and prefer to get closed down, rather than running on losses. Many a times, startups prefer closing down a Company when the founder’s drop their business idea in view […]
Many small business owners start out as sole proprietors of their firms. Sole proprietorship is the most common and simplest form of business structure. This form of business has its own advantages: easy formation, limited paperwork, small capital requirement, and minimum compliance requirements. As the business starts spreading its roots, the next logical move would […]
With a new set of rules that simplify the process of company incorporation, the government aims to make it easier to do business in India. Here’s a look at the revised process. On the eve of 69th Republic Day, the Government of India has taken another massive step to make it easier to do business […]
The Companies (Amendment) Ordinance 2018 has reintroduced the concept of Certificate of Commencement of Business with effect from 2 November 2018. Under the new Ordinance, no company will be entitled to commence its operations or exercise any borrowing powers unless it has filed within 180 days from its Incorporation a “declaration” stating: That the Subscribers […]
India is among the fastest growing economies of the world with plenty of business opportunities which make it a preferred destination for investment form NRIs, Foreign Nationals and Foreign Companies. There are many ways by which foreign investment can be done in India. One of the most successful and sought after ways is Incorporation of Foreign […]
Although Private Limited Company is the most popular form of starting a business, there are various compliances which are required to be followed once your business is incorporated. Managing the day to day operations of your business along with complying the corporate laws can be little taxing for any entrepreneur. Hence, it is essential to […]
The FAQs cover the process involved in incorporating a private limited company in India. 1.What is a private limited company? There are several different types of legal structures in India such as a private limited company, public limited company, limited liability partnership, sole proprietorship etc.A private limited company refers to an entity which limits the […]
https://www.youtube.com/watch?v=3425oGK8n3k Important Aspects Of A Partnership People entering into an agreement to start and run a business are partners and the firm they thus form is called a partnership firm, and the name of such a company is called the firm name. A partnership is an agreement between two or more persons to work together […]
The FAQs provide an overview of the different legal structures under which foreign investment is permitted in India. Which law and regulations govern foreign investment in India? Broadly, foreign investment in India is regulated under the provisions of the Foreign Exchange Management Act, 1999 (“FEMA”) and the Foreign Exchange Management (Transfer or Issue of […]
What is OPC? One Person Company (OPC) a separate legal entity with just one member. Unlike a private limited company which requires minimum 2 shareholders and 2 directors, an OPC can be formed with only one shareholder (there is a nominee director, but with no power until the original director is incapable of entering into contract). OPC is […]
Company registration in India is not tough when you have the best consultants by your side. with our guided expertise and you will see that you do not need to worry about a thing. So, go ahead and set up Private Company in India without having to worry about a thing. Persons desirous of forming a […]
MNC’s who choose to operate in more than single country can operate its business through a wholly owned subsidiary. Wholly owned subsidiaries can be called as those companies in which Parent Company owns all the shares of the subsidiary which gives access to the parent company to select a board of directors of the subsidiary […]