Company Formation / Registration Archives

September 15, 2021 / Company Formation / Registration

Difference Between LLP, Company & Branch Office & Small LLP

LLP is one of the easiest types of business to incorporate and manage in India. With an easy incorporation process and simple compliance formalities, LLPs are preferred by Professionals, Micro and Small businesses that are family-owned or closely-held. Since, LLPs are not capable of issuing equity shares therefore, LLP should not be chosen for any business that has plans for raising equity funds.

Post changes to FDI regulations on 10th, November 2015, 100% FDI in LLP is permitted under the …

September 1, 2021 / Company Formation / Registration

Procedure for Conversion of Private Limited Company into LLP

Pursuant to Sec 56 of LLP Act along-with schedule 3 deal with conversion of Private Limited to LLP

PRE-REQUISITIES:

> Every member of the company must agree with the decision of conversion.

> All the members become the partners of an LLP and no one else.

> The latest copy of Income tax return is to be filed with ROC.

> Not just the members, all the creditors of the company must also agree with the conversion.

> Under Companies …

July 14, 2021 / Company Formation / Registration

Incorporation of Section 8 Company In India

In India a Non-Profit Organization can be registered in three ways particularly:-

> Trust: By executing Trust Deed and get it registered with the Registrar of Trust,

> Society: with Registrar of Societies

> Section 8 Company: By executed MOA and AOA and get it registered pursuant to Companies Act, 2013.

S. NO.	PARTICULARS	TRUST	SOCIETY	SECTION 8 COMPANY
1.	Management	By Trustees	By a Committee or the Managing Council	By Board of Directors
2.	Minimum Requirement

…

June 16, 2021 / Company Formation / Registration

All About One Person Company (OPC)

One Person Company

SECTION 2(62): ‘One Person Company’ means a company which has only one person as a member.

Who Can Be Member Of OPC?

Rule 3 of Company Incorporation Rules, 2014
Only a natural person who is an Indian citizen [whether resident in India or otherwise].

Points Which Must Be Kept In Mind While Registering OPC.
1. Such Company cannot be Incorporated or converted into a Section 8 Company.
2. An OPC cannot carry out NBFC related activities and …