Introduction Setting up a company in India can be a rewarding endeavor, but it’s not without its challenges. From navigating legal complexities to managing finances, there are numerous pitfalls that can derail your business if you’re not careful. This blog aims to highlight some common mistakes entrepreneurs make when establishing a company in India and …
Starting a business involves several key steps, two of the most crucial being brand and company registration. Many entrepreneurs find these concepts confusing, often mixing them up or overlooking their importance. But understanding the distinction between brand and company registration is vital for legal protection and business success. In this article, we’ll break down the …
India’s business landscape has seen significant transformations over the years, with the emergence of innovative business structures to cater to various entrepreneurial needs. One such structure that has gained popularity is the One Person Company (OPC). In this comprehensive guide, we will delve into the intricacies of setting up and operating an OPC in India. …
India, the world’s fifth-largest economy and a hub for innovation and entrepreneurship, presents vast opportunities for those seeking to establish a company. With its dynamic economy, diverse consumer base, and investor-friendly policies, India has become an attractive destination for entrepreneurs globally. However, navigating the process of setting up a company in India requires a comprehensive …
As of now the LLP Services have been discontinued on V2 portal and have been migrated to Version 3 (V3) portal. V3 is an enhanced version of the V2 portal and is presently live only for LLP’s. The V3 portal presently enables the following for LLP’s. -Login & user Registration DSC Association -LLP Form Filing …
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 …
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 …
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 …
Filing of charge gives security and empower the charge holder that in case the Company makes a default for the repayment of the loan, then charge holder can get the claim amount from the security which was charged by the Company in favor of the charge holder. Filing of Charge is necessary to secure the …
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, 2014Only 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 …