Register as Pvt LTD company in India Register as Pvt Ltd company in india, Obtain a Digital Signature Certificate (DSC): In order to initiate the registration process, it is necessary for the proposed directors of the company to obtain a Digital Signature Certificate. This certificate serves as a secure electronic identification for the directors,… Read More »
HUF be Partner in Partnership Firm A Hindu Undivided Family (HUF) is a unique entity under Indian law, often used for managing family-owned businesses and assets. Given its distinctive nature, a common question arises: Can a HUF be a partner in a partnership firm? Understanding HUF: A HUF is a family unit made… Read More »
Sole Proprietorship In India, a Sole Proprietorship is not required to be register with the government. However, depending on the nature of the business and the location. There may be certain registrations and licenses that the proprietorship needs to obtain to operate legally. Some of the registrations and licenses required for a sole proprietorship… Read More »
Proprietorship and Private Limited 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 the Board of Directors. Liability: In a proprietorship, the owner bears unlimited liability, implying personal responsibility for all… Read More »
