As per Companies Act, 2013 and LLP Act, 2008, it is important to choose an acceptable name for the LLP. Here are a few naming guidelines that need to be followed while deciding a name for your LLP…
The LLP form of partnership is often found in firms where liability is a big issue. Such kinds of firms include medical practices, law offices and accounting firms. In this type of partnership, the individual partner is not…
NRIs and foreign nationals have invested in businesses in India through a private limited company. A Pvt Ltd Company allows 100% FDI (foreign direct investment). Although it is relatively cheaper to register a Pvt ltd firm, the compliance…
A private limited company is best suited for small businesses. The liability of the members is limited to the number of shares that are held by them and these shares cannot be publicly traded. HERE ARE A FEW…
Advantages of One Person Company Registration One person company was a recent introduction made by the Companies Act, 2013. An OPC company is defined as a company that has only one person as it’s a member. Such companies…
An OPC is a company that is limited by shares and run by a single person. A sole proprietorship is a company that is owned and run by an individual and there is no distinction between the owner…
Nirmala Sitharaman, our finance minister has been trying her best to revive our falling economy by bringing about many changes. One such bold move was cutting the corporate tax from an effective 34.94%to an effective 25.17%. However, for…
One Person Company was newly introduced by the new Indian Companies Act, 2013. An OPC is a legal entity and the annual compliances for an OPC is lesser as when compared to that of a private limited company.…
You must be wondering why companies can’t solve problems on their own instead of depending on a business consultant to do it for them. Well, the answer is that these consultants are professionals who tackle business problems professionally.…