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…
A Private limited company is one that is most preferred. Incorporation of private limited company attracts Angel investors, Venture capitalists and other budgetary organizations. Every private limited company has a minimum of 2 directors. A minimum of two…
The functioning of a private limited company is mainly vested upon a director. The director holds key responsibilities of maintaining and running the business. Obtaining the consent of the proposed director The consent of the proposed director is…
A private limited company is held for small businesses and is widely prevalent among the corporate legal entities. It is the most preferred type of business entity among the Angel Investors, Banks, Venture Capitalists and other such budgetary…
A Private limited company is the most preferred type of business entity among budgetary organizations. A private limited company is usually held for small businesses. Pvt Ltd Company Registration Benefits Read through a few advantages that you could…
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…