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 […]

What is Partnership Deed and Importance of Partnership Deed? Define partnership deed? A Partnership Deed is a legal document that outlines the agreed terms and conditions between business partners. It defines how the partnership will be managed, including each partner’s […]

Everything you need to know on what is IEC (Import Export Code) and Advantages of IEC for Business All businesses which are engaged in Import and Export of goods are required to register for Import Export Code. Import Export code  is […]

There are various types of limited Companies which can be incorporated adhering to requirement of business and the size of operations involved.   Limited Liability Partnership LLP has a blend of limited liability feature of a Company and flexibility of […]

Introduction  Just as building a business is important, coming up with a name for your venture is equally important. The name should be strong and well-aligned.  The first step towards a company registration is to reserve a company name in […]

Today a Partnership business can be incorporated either by way of a Partnership firm or through a Limited Liability Partnership.   A Partnership is a business structure in which two or more individuals manage and operate a business in accordance […]