Introduction When it comes to structuring a business, choosing the right entity is crucial. Two common business structures often compared are Limited Liability Partnerships (LLP) and Limited Liability Companies (LLC). Though they share similarities, they serve different purposes and are suitable for different types of businesses. This article will explore their differences, benefits, applications,… Read More »
Total Liabilities V/s Current liabilities Understanding the Difference Between Total Liabilities and Current Liabilities In the realm of finance and accounting, understanding a company’s liabilities is crucial for evaluating its financial health. Two key terms often encountered are total liabilities and current liabilities. While they may seem similar, they serve distinct purposes in financial… Read More »
Required Document for Pvt. Ltd Company The documents required for private limited company registration in India typically include the following: Identity and Address Proof Requirements for Directors and Shareholders: To fulfill the registration process, it is necessary to provide valid identity and address proof for both directors and shareholders involved in the company. These proofs… Read More »
Can I run multiple businesses on a single GST as a sole proprietor Yes, as a sole proprietor, you can run multiple businesses on a single GST registration. However, you would need to mention the details of all your businesses while applying for GST registration, including their names, addresses, and types of goods or services… Read More »
