Tag Archives: #BusinessOwnershipRules

LLP can become a member of company?

LLP can become a member of company No, it is not possible for a Limited Liability Partnership to become a member of a company. LLPs and companies are distinct legal entities with different structures and characteristics.  Let’s define how LLP can become a member of company. In a company, membership is typically held by individuals… Read More »

Can OPC have subsidiary company?

OPC have Subsidiary Company   In recent years, One Person Companies (OPCs) have gained popularity as a business structure that allows a single individual to own and operate a company. This model offers various advantages, such as limited liability and simplified compliance. However, a common question arises: Understanding OPCs An OPC is a type of… Read More »

Is mandatory DSC for proprietor ship in GST?

  Is a Digital Signature Certificate (DSC) Mandatory for Proprietorship in GST? In the evolving landscape of India’s tax system, the Goods and Services Tax (GST) has become a central component for businesses across the country. One important aspect of GST compliance is the use of a Digital Signature Certificate (DSC) for filing returns and… Read More »