Tag Archives: #LegalHurdles

Is there any risk in taking GST on home address?

Risk in GST registration on home address

Risk in taking GST on home address Is There Any Risk in Taking GST on Home Address? User Intent Individuals and business owners often seek clarity on whether they can register their Goods and Services Tax (GST) under their residential address and what risks or benefits are associated with it. The intent is to understand… Read More »

What are the disadvantages of a single member LLC?

Challenges faced by a single member LLC

The disadvantages of a single member LLC Introduction A Limited Liability Company (LLC) is a popular business structure that combines the flexibility of a sole proprietorship with the liability protection of a corporation. Among its variations, the single-member LLC (SMLLC) is commonly chosen by entrepreneurs who wish to operate a business independently while enjoying the… Read More »