All proprietorship firms have to maintain certain compliances like other companies registered in India. The only difference between compliance for a proprietorship firm and other corporate entities is that a proprietorship firm requires only an income tax filing…
A sole proprietorship business is one of the most preferred business ownership. A single person takes over the assets and the affairs of the business. A sole proprietor needs to get his accounts audited as per section 44AB…
A proprietorship form of business is a form of business where the proprietor holds full responsibility for the business. You can start and operate your business with minimum documents and minimum regulatory compliances. This type of business has…
An LLP is a type of business entity where all the partners have limited liabilities. Each partner is only responsible for themselves and not liable for other partners’ negligence. A Limited Liability Partnership is most preferred by corporations.…
Law Limited Liability Partnership are prevailed by ‘The Limited Liability Partnership Act, 2008’ and various Rules made thereunder Partnership is prevailed by ‘The Indian Partnership Act, 1932’ and various Rules made thereunder Registration LLP Registered under the LLP…
An LLP is a type of business entity where all the partners have limited liabilities. The LLP is the most popular option for the professionals for conducting their business and it is a good choice for those who…
An LLP is a type of business entity where all the partners have limited liabilities. Each partner is only responsible for themselves and not liable for other partners’ negligence. A Limited Liability Partnership is most preferred by corporations.…
An OPC is a company that is limited by shares and run by a single person. This type of business structure is usually preferred by entrepreneurs or proprietors who do not have the benefit of forming a limited…
One person company was a recent introduction made by the Companies Act, 2013. An OPC is generally preferred by entrepreneurs who have just ventured into their business as there is only one founder or promoter for the business.…