Tag Archives: #BusinessLawyer

Partnership firm registration is compulsory or not?

Compulsory registration of partnership firm   Compulsory registration of partnership firm,The requirement for partnership firm registration can vary depending on the jurisdiction and the specific laws and regulations of the country or state where the partnership operates. In many jurisdictions, registration of a partnership is not mandatory, and partners can enter into a partnership agreement… Read More »

Do you have to register your business as a sole proprietor?

Do you have to register your business as a sole proprietor The requirement to register your business as a sole proprietor can vary depending on the country, state, or region in which you operate. In many jurisdictions, there is no legal requirement to register a sole proprietorship specifically. As a sole proprietor, you can typically… Read More »

Business Registration Certificate Sole Proprietorship?

Business Registration Certificate for Sole Proprietorship A sole proprietorship is one of the simplest and most common business structures, especially for small businesses and individuals. It’s a business owned and managed by a single person, and there is no legal distinction between the owner and the business. While setting up a sole proprietorship is straightforward,… Read More »

Q236 Company registration for GST: Is company registration mandatory for GST registration?

Company registration for GST Yes, company registration is mandatory for GST registration in India. Only entities that register under a legal structure recognize by the Indian law can apply for GST registration. This includes companies registered under the Companies Act, 2013, as well as other types of entities such as LLPs (Limited Liability Partnerships), partnerships,… Read More »

PAN number: Does the PAN number become a part of the GST number in registration?

PAN number GSTIN (Goods and Services Tax Identification Number) is a unique 15-digit alphanumeric code issue to every registered taxpayer under the GST regime. The first two digits of the GSTIN represent the state code, followed by the next 10 digits representing the PAN number of the taxpayer, then a 2-digit entity code for the… Read More »

LLP reconstitution: What is process of reconstitution deed in LLP?

 LLP Reconstitution   What is the Process of Reconstitution Deed in an LLP? Limited Liability Partnerships (LLPs) have become a popular choice for businesses, combining the benefits of partnerships and limited liability companies. Over time, LLPs may undergo changes that necessitate altering the original partnership agreement. This is where the reconstitution deed comes into play.… Read More »