Company Registration Company registration or incorporation in India involves several steps and legal formalities to establish a business entity legally recognized under Indian law. Here’s a comprehensive overview: 1. Choose the Type of Company: Select the appropriate legal structure for your business, such as: a). Private Limited Company b). Liability Partnership (LLP) c). One Person… Read More »
Registration Process Pvt Ltd Company Registration Process Pvt Ltd Company Website Link Registration Process Pvt Ltd Company: To register a private limited company in India, you need to follow the steps outlined below: Obtain Digital Signature Certificate (DSC): The first step is to obtain a Digital Signature Certificate (DSC) for the proposed… Read More »
When is private limited company Website Link When is private limited company:A private limited company is considered to exist or be formed once it is incorporated and registered with the appropriate government authority or registrar in a specific jurisdiction. The exact point in time when a private limited company is formed varies depending on… Read More »
Business partnership requirements Business partnership requirements may vary depending on the jurisdiction and the specific type of partnership you are considering. Here are some general requirements and considerations for forming a business partnership: 1.Agreement: A partnership agreement is highly recommended and often legally required. This agreement outlines the rights, responsibilities, and obligations of each partner,… Read More »
Company registration Website Link: No, Company registration and GST (Goods and Services Tax) registration are not the same. While both registrations are important for doing business in India, they are distinct and serve different purposes. Company registration refers to the procedure of establishing a company in accordance with the Companies Act of 2013. It involves… Read More »
One Person Company One Person Company (OPC) is a type of company that can be formed with only one person as its member or shareholder. It was introduced in the Companies Act, 2013 to encourage small business owners and entrepreneurs to start their own companies with limited liability protection. A One Person Company has… Read More »
Memorandum of Association Certainly, for the registration of a One Person Company (OPC) in India, the Memorandum of Association (MoA) and Articles of Association (AoA) are essential. These legal documents play a crucial role in defining the structure of the company and establishing its relationships with shareholders, directors, and other stakeholders. The Memorandum of… Read More »
Legal obligations Legal obligations Website Link Legal obligations: Proprietorship and Private Limited are two distinct business structures in India, exhibiting several dissimilarities. Here are some of the significant contrasts: Ownership: A proprietorship is solely owned and controlled by an individual, whereas a Private Limited Company is owned by shareholders, with the company’s management entrusted to… Read More »
Sole proprietorship account opening Sole proprietorship account opening Website link Sole proprietorship account opening How to open a current bank account for a sole proprietorship firm without any firm documents? To open a current bank account for a sole proprietorship firm without any firm documents, you will typically need to provide the following: A… Read More »
Post-LLP agreement compliances Post-LLP agreement compliances: After submitting the LLP Agreement, the following compliance requirements need to fulfill by an LLP in India: 1.Obtaining the Certificate of Incorporation: Once the LLP Agreement and other necessary documents are submitted to the Registrar of Companies (ROC), and if everything is in order, the ROC will issue a… Read More »