A private limited company is a small business entity in which owner liability is limited to their share. Whereas a partnership firm is bound to have 50 or fewer shareholders and responsibilities are of course more. If the partners or a company wants to expand the company‘s development areas and Convert Partnership Firm into Private … Read more
Some basic elements in business haunt the entrepreneurs and one such is Trademark Registration Vs Company Registration. In general, Trademark is a subset of the Company act, and it is applicable for the one who needs to protect its company’s brand, logo image, symbols, and others. Whereas, in Company Registration, the one must run the … Read more
The government provides several incentives, schemes, and subsidies to encourage entrepreneurship to MSMEs. In addition, the banks and other non-banking financial institutions also provide low-interest or easy and quick loans to certain firms that have MSME Registration. . Partnership firms are one of the most popular business entities in India and most of the Partnership … Read more
As we all know, GST stands for Goods and Service Tax. This is a unified Indirect tax which is implemented from 1st July 2017 in India. Fundamentally, the Indirect tax is a tax levied on goods and services rather than income and profits. Furthermore, It is mandatory to have GST Registration when annual turnover exceeds … Read more
A massive relief for companies as ROC due date extended for AGM of FY 2020-21. This latest MCA announcement comes in response to requests made by several companies and other stakeholders. The companies across the nation were requesting an extension of time for the conduct of the FY21 AGM due to covid. Furthermore, The representations … Read more
One of the decisions to be taken while starting a company is what type of company you want to incorporate. It is essential to choose the business structure carefully when registering your company. If you have already chosen a Pvt. and now want to convert PVT into an LLP, then this article is for you. … Read more
To Start a Paper Bag Business in India can be a profitable business for anyone in the long run. There are several reasons for this. The primary reason is that paper bags are a requirement of almost every industry in India. Secondly, the government in India is pushing forward environment-friendly solutions to several problems, including … Read more
The administration of India has launched the latest online registration procedure of the enterprise called Udyam Registration, to register under the department of MSME on 1st July 2020. This Registration portal is a one-window portal on self-statement without any credentials needed to upload certificates, papers, and evidence. According to the announcement of the Indian management, … Read more
Good news for start-ups in India as Parliament passes the LLP Amendment Bill. The LLP Amendment Bill’s main focus is to boost start-ups in several ways. So, this is an important update for businesses in India. In this article, we will discuss Parliament passes the LLP Amendment Bill to boost start-ups in detail. Parliament passes LLP … Read more
Knowing How to register a company in India is very important before starting any type of business. As there are multiple types of company structures in India. All these types of company structures have their own pros and cons depending upon the requirement. Furthermore, to achieve the business goals as a startup, it is essential … Read more