The name Partnership firm in itself implies the engagement of more than one person. Hence, a single person cannot enter into a Partnership. Partnership Firm is a business structure in which two or more individuals manage and operate a business […]

There are various types of limited Company formation in India which can be incorporated adhering to a requirement of business and the size of operations involved. Private Limited Company Private Limited Company is a type of company that offers Limited […]

FAQs on Sole Proprietorship Firm Introduction to Sole Proprietorship firm A Sole Proprietorship firm is such a type of business entity that is owned, controlled and managed by a single person. The owner of the Business is called Sole Proprietor […]

One Person Company in India is a new concept. Earlier if you wanted to set up a private company, you needed at least two persons because the law mandated a minimum of two shareholders. So, for the person wanting to venture […]

For the Assessment Year 2017-18 and 2018-19, a domestic company is taxable at 30%. For Assessment Year 2017-18, the tax rate would be 29% where a turnover or gross receipt of the company does not exceed Rs. 5 crore in […]

The easiest form to close Private Limited Company is through Fast Track Exit Mode wherein Company suo moto applies to Registrar of Companies for its Strike Off if it satisfies the following conditions:   The company has failed to commence […]

A Sole Proprietorship is a business owned, managed and controlled by one person. It is one of the most common forms of business in India, used by small businesses operating in the unorganized sectors.   Registration of Sole proprietorship are […]

All About a Partnership Deed What is Partnership? A Partnership Firm is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in the Partnership Deed. It […]

Difference between Public Limited and Private Limited Companies In upcoming section, we will understand what is a private limited company and what is public limited company. This will help reader to understand the difference between public limited and private limited […]