Private Company Registration in India – Features, Eligibility Criteria, Benefits, Process, Documents Required, Post Compliances after Incorporation
Overview Starting a business of your own could be an exciting as well as a nerve-wracking situation for you, after all, it’s a big responsibility. However, at the same time, it is highly recommended for you pick a business structure that could allow you maximum benefits and save your energy to focus on growing your...
LLP Registration in India – Features, Pre-Requisites, Process, Time Involved, Documents Required, Advantages, Amendments
Overview The Companies Amendment in 2013 which replaced the previous Companies Act 1956 on 29th August 2013, introduced some novel concepts intending to encourage entrepreneurship & facilitate “Ease of doing business” & instill the values of corporate governance among business entities in India. Accordingly, one of the key changes introduced by the Companies Act 2013...
GST Registration in India – Meaning, Types, Benefits, Process, Time Involved & Validity, Documents Required, Penalty
Overview The Goods & Services Tax was introduced in the year 2017 to address the inconsistencies & complexities in the previous tax regimes and offer an inclusive environment for start-ups & businesses under its Ease of doing business scheme. Therefore, the Goods and Services Tax is a value-added tax levied on the supply of goods...
GeM Registration in India – Features, Process, Documents Required, Benefits
Overview Public procurement is a method used by state-owned enterprises and government departments to purchase services and goods for their operational needs from private businesses. But, at times there are higher chances of collusion or corruptive practices taking place in the process. Hence, the Govt of India launched the Government E-Marketplace, an e-marketplace for public...
All you need To Know about the New MCA V3 Portal – Introduction, Login & Registration, Types, Changes, Differences
Overview In recent years, the Ease of Doing Business has gained special importance for businesses among the most developed economies of the world. Similarly, the position of India in terms of Ease of Doing business has changed drastically in past few years. According to a study made by the World Bank, which studied countries based...
Annual Compliances of OPC & Its Procedure
Overview In recent years, we have seen a considerable rise in the growth & development of start-ups. In all these years, numerous start-up companies have emerged in the Indian corporate industry and still are continually working towards the expansion of their business on a global level. While flourishing start-ups are generally focused on building unique...
Roles & Responsibilities of an Internal Auditor
Overview The business environment today is becoming increasingly competitive and aggressive given the complex legal & regulatory framework required to be followed by the start-ups. Irrespective of the success and growth of the business, it is always exposed to a certain level of risk throughout its life, but what really differentiates a start-up from its...
All you want to know about the Director KYC process in India
As we all know, a company is a separate legal entity having its distinct identity apart from its shareholders and its management. However, it is the board of directors who are typically known as the brains and hands of the company. Every start-up company /LLP has its designated partners and directors on its board, however,...
MOA & AOA of Company
Overview There is no better time to start-up more than ever. A lot of individuals including working professionals are choosing to start their entrepreneurial journey now. While most entrepreneurs focus primarily on developing unique products/services to sell, only a few of them can enable a disciplined and humble environment in their work to ensure the...
Removal vs Resignation of Directors
With each passing day more and more start-ups are being launched in the Indian ecosystem. While ensuring their survival among the stiff competition and multiple challenges, what sets a start-up apart from other start-ups even having better business models, is its ability to successfully grow from a seed into a profitable business often depends on...
