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 »
Temporary GST number In India, there is no provision for obtaining a temporary GST number. A business must first apply for a regular GST registration number by submitting the required documents and completing the registration process. Once the registration is complete, the business will receive a permanent GST identification number (GSTIN), which can be used… Read More »
Clarification for the GST new registration After filing an application for Clarification for a new GST registration in India, the time taken to receive a response can vary depending on various factors such as the workload of the registration authority and the complexity of the application. To Visit https://www.gst.gov.in/ However, according to the GST Act,… Read More »
Is GST Registration Necessary for a Pvt. Ltd. Company with Exempted Services? Navigating the complexities of Goods and Services Tax (GST) can be challenging for businesses, particularly when it comes to understanding registration requirements. For a Private Limited Company (Pvt. Ltd.) providing services that are exempt from GST, a common question arises: Is GST registration… Read More »
Who should file an MSME Form-1 As per the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, all Micro, Small, and Medium Enterprises (MSMEs) require to file an MSME Form-1. This form is also known as the Udyam Registration Form. The Udyam Registration is a one-time registration process that require for all existing… Read More »
Self-registration LLP Self-registration LLP: Limited Liability Partnerships (LLPs) have become a popular choice for entrepreneurs and small businesses due to their flexibility and tax advantages. Understanding LLP Formation LLP formation involves several steps, including choosing a business name, drafting a partnership agreement and filing registration documents with the appropriate government agency. While… Read More »
Required individuals to incorporate private limited company In India, a minimum of two individuals are required to incorporate a private limited company. The two individuals can be Indian nationals or foreign nationals or a combination of both. One person needs to assume the role of a Director, while the other person has the option to… Read More »
