Memorandum of Association The Memorandum of Association (MoA) outlines the company’s objectives and the scope of its activities. It specifies the primary, incidental, ancillary, and other objects of the company. Additionally, it includes important details such as the company’s name, registered office address, and authorized share capital. On the other hand, the Articles… 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 »
How to make mudra loan project report To create a MUDRA (Micro Units Development and Refinance Agency) loan project report, you can follow these steps How to make mudra loan project report: Understand the Requirements: Familiarize yourself with the specific guidelines and requirements set by the lending institution for MUDRA loans. These guidelines may include… Read More »
Mudra loan Mudra loan, which stands for Micro Units Development and Refinance Agency, is a government initiative in India aimed at offering financial assistance to micro and small enterprises. Its primary objective is to provide crucial support to these businesses. The project report for a Mudra loan would depend on various factors, such as… Read More »
Opening a private limited company at home Starting a business is a significant step, and many entrepreneurs explore various options for setting up their companies. One common question that arises is whether a private limited company can be registered at a residential address. What is a Private Limited Company? A private limited company is a… Read More »
Sole Proprietorship Registration In most cases, it is not a legal requirement for a sole proprietor to register their business name. Since It does not consider a separate legal entity from the owner, the business name is typically the same as the owner’s name. However, if the owner wishes to use a business name different… Read More »
What is a General Partnership? A general partnership is one of the simplest and most common forms of business structure, particularly for small businesses or groups of individuals who want to start a business together. In this structure, two or more individuals agree to run a business and share its profits, losses, and liabilities. Here’s… Read More »
Sole Proprietorship and Corporation Sole proprietorship and corporation, are two common business structures with their own advantages and disadvantages. Here are some of the advantages and disadvantages of being a Sole proprietorship and corporation Advantages of a Sole Proprietorship: Easy to start: A sole proprietorship is relatively easy and inexpensive to start since there… Read More »
Sole proprietorship A sole proprietorship is the simplest and frequently chosen type of business ownership. It is an unincorporated business owned and operated by one individual, where there is no legal distinction between the owner and the business entity. Here’s a comprehensive look at what a sole proprietorship entails: Key Features of a Sole Proprietorship… Read More »
