The LLP (third amendment) Rule, 2023 come in force for significant modifications to the regulatory structure that governs Limited Liability Partnerships (LLPs) in India. One of the key provisions that pertains with the Register of Partners and Significant Beneficial Ownership (SBO). These provisions are designed to improve accountability, transparency and accountability within the LLP SBO guidelines 2023 that are […]
Start your business in India in 2024 India in 2024 is now a land of opportunity, optimistically speaking it would become the manufacturing capital of the world. If you are wondering to begin your own venture, trust me the time cannot be more conducive and nurturing considering the tech savvy political system which is […]
Company Formation in India: A Comprehensive Guide to Establishing Your Business in the Land of Opportunities in 2023 Are you considering company formation in India? This comprehensive guide provides all the information you need to navigate the process and establish your business successfully. Explore the legal requirements, incorporation procedures, tax implications, and more. Introduction Are […]
India is a land of immense opportunities, and it is no wonder that many entrepreneurs are looking to start a business here. However, starting a company in India can be a bit challenging, as there are several legal and regulatory hurdles to overcome. In this article, we will take a look at the steps involved […]
SHORT SUMMARY As per the circular issued by Ministry of Corporate Affairs on 31st May, 2022 in respect of LLP. By this circular MCA has relaxed additional fees on LLP forms due to technical issued faced by corporates on MCA Website. As per Circular, MCA has extended Due Date of various forms of LLP up to […]
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 […]
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 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 […]
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. […]
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 […]
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, […]
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 […]
WHAT IS PRIVATE LIMITED COMPANY REGISTRATION? Private Limited Company Registration is one of the most popular legal entity in India. In simplified terms, it is a proper company registration in India with the ministry of corporate affairs and gives you rights doing business anywhere in India or outside. MCA register your Pvt ltd company registration […]
WHAT IS A PRIVATE LIMITED COMPANY? A private limited company is one of the ways to start your business in India. It is considered as the best form of business which also secures your personal assets. It is the most recommended form for a startup in India to raise funding, ESOPs etc. HOW TO REGISTER […]
A lot of entrepreneurs do not incorporate a private limited company because they feel it will be a costly affair. But, with the arrival of the company registration procedure on online platforms, the situation has changed drastically. It is easy to understand that incorporation can be done in little time at substantially reduced pricing. Entrepreneurs […]