A proprietorship form of business is a form of business where the proprietor holds full responsibility of the business. This type of business is not a legal entity. The documents required for proprietorship registration is as follows Aadhaar…
Partnership is an understanding between two persons who agree upon sharing their profits and losses. A partnership firm is formed by an association of people and the purpose of formation is to make profit from the business. A…
Most People living in India are directly or indirectly dependant on agriculture. The farmers in India are still backward when it comes to technology. Keeping this problem in mind the government has started a committee dedicated to solve…
Entrepreneurship is becoming a trend, especially among the younger generation. They are willing to take a risk and to make their business plan a reality. While many people may talk about the different challenges they faced during the…
Most companies are outsourcing their accounting to reduce the extra burden that is vested on operating the business. In-house accounting is a traditional method of bookkeeping and accounting. Difference between outsourcing and in-house accounting Quality of work An…
A trademark or TM is an intellectual property. It consists of a sign, design or expression that differentiates a particular product from its competitors. Here is a list of documents required for trademark registrations Documents required Trademark copy…
It is a separate legal entity and the partners are liable to their respective contribution. It has flexible management roles It is easier to form an LLP. Formation of an LLP only require the partners to fill out…
An OPC company is defined as a company that has only one person as it’s a member. Such companies usually have only one founder/promoter of the business. OPC is a type of private company. Only a Natural person…
The Sabka Vishwas Legacy Dispute Scheme 2019 was introduced to resolve all disputes relating to the former service and central excise tax which are subsumed under GST. This scheme was introduced for taxpayers who wish to close their…