Company Formation
How to Register a One Person Company (OPC) in India
A One Person Company (OPC) is an innovative business structure introduced in India under the Companies Act, 2013. It was designed to encourage solo entrepreneurs to set up their businesses while limiting their personal liability. If you are thinking ...
How to Start a Cloud Kitchen Business in Mumbai
How to Start a Cloud Kitchen Business in Mumbai [? Introduction] The food delivery market in India is booming, and cloud kitchens are at the heart of this revolution. Unlike traditional restaurants, cloud kitchens operate without a dine-in facility, ...
Top Government Subsidies for Businesses in Mumbai
Mumbai, known as the financial capital of India, is not just home to large corporations but also a thriving hub for start-ups, small businesses, and MSMEs. To encourage entrepreneurship, the Government of Maharashtra along with the Central Government ...
Can an LLP have corporate partners?
Introduction Limited Liability Partnerships (LLPs) have emerged as a preferred form of business structure in India due to their flexible management, limited liability, and lesser regulatory burdens compared to companies. One of the most frequently ...
What is the minimum capital requirement for an LLP?
?️ What is the Minimum Capital Requirement for an LLP? Limited Liability Partnerships (LLPs) are a popular business structure, combining the flexibility of a partnership with the limited liability of a corporation. In India and many other ...
Can an LLP have branches in different states?
Can an LLP Have Branches in Different States in India? Limited Liability Partnerships (LLPs) have become a popular business structure in India, combining the benefits of a company and a partnership. One common question from entrepreneurs and ...
Corporate Governance Reporting in Bangalore
? Corporate Governance Reporting in Bangalore: A Strategic Guide by TAXAJ Bangalore, India’s startup capital and a thriving corporate ecosystem, has seen a significant rise in demand for robust corporate governance practices. As companies scale, ...
Risk-Based Compliance Audits in Bangalore
? Risk-Based Compliance Audits in Bangalore: Enhancing Corporate Accountability in a Rapidly Growing Hub Bangalore—India’s Silicon Valley—is not only a technological powerhouse but also a city teeming with startups, multinational corporations, and ...
Corporate Social Responsibility (CSR) in India
Corporate Social Responsibility (CSR) in India: A Step Towards Inclusive Growth Introduction Corporate Social Responsibility (CSR) has emerged as a crucial component of the corporate landscape in India. With the growing realization that businesses ...
Responsibilities and Duties of a Resident Director
India is a booming destination for foreign investors, startups, and multinational companies. While the opportunities are vast, so are the regulatory requirements. One such key mandate under Indian company law is the appointment of a Resident ...
LLP Registration Process in India
Registering a Limited Liability Partnership (LLP) in India involves a structured online process governed by the Ministry of Corporate Affairs (MCA). Here's a comprehensive step-by-step guide to help you navigate the registration: ✅ Step-by-Step LLP ...
Business Process Outsourcing (BPO) for Financial Analysis in Bangalore
Business Process Outsourcing (BPO) for Financial Analysis in Bangalore: Driving Efficiency and Growth Business Process Outsourcing (BPO) has become a pivotal aspect of global business operations, enabling companies to focus on their core activities ...
How To Start New Business for Construction
Starting a construction business can be a rewarding venture, especially given the constant demand for housing, infrastructure, and commercial spaces. However, the construction industry is also competitive and complex, requiring careful planning and ...
Legal & Regulatory Advisory for Companies in Bangalore
What is Legal Advisory? Legal advisory refers to the provision of expert guidance and advice on legal matters by qualified professionals, typically lawyers or legal experts. This guidance is provided to individuals, businesses, organizations or ...
One Person Company (OPC) Registration in Bangalore
A new concept has been introduced in the Company’s Act 2013, about the One Person Company (OPC). In a Private Company, a minimum of 2 Directors and 2 Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 ...
Company Tax Return Penalties In India
The taxpayers have to file the income tax return of their income earned up to 31st July of the assessment year relevant to the financial year, unless extended. The government gives a four-month window every Assessment Year (A.Y.) for taxpaying ...
Annual General Meeting (AGM) In India
Conducting an annual general meeting successfully is quite a crucial task considering the vital importance of such get-togethers of a company’s Board members and shareholders. These people are basically the ones managing all the business processes ...
Private Limited Company : Explanatory Guide
One of the most highly recommended methods for starting a business in India is to establish a private limited company, which provides its shareholders with limited liability while imposing certain ownership restrictions. When it is LLP, the partners ...
Registration and Incorporation of a Company
The Companies Act, 2013 details the regulations and company registration papers essential for the incorporation of a company. In this article, we will understand all such rules and documents listed in the Act. To begin with, let’s define the ...
Whether Section 8 Company is Private or Public?
All companies in India are not operating for profit purposes. Many companies primarily operate for charitable and non-profit objectives. The company registered under Section 8 of the Companies Act 2013 is known as Section 8 Company. Section 8 ...
How to register section 8 company in india
NGO (Non-Government Organisation) is an organization that works for non-profit/ charitable purposes. An NGO established as Section 8 company under the Companies Act, 2013 (‘Act’) is governed by the Ministry of Corporate Affairs (‘MCA’) whereas the ...
Section 8 Company Registration procedure for social welfare
As per the Companies Act, 2013, Section 8 Company refers to a corporation that aims to incentivize arts, sciences, sports, education, environment preservation, social welfare, charity, or other similar objectives. The ultimate objection of ...
Complete understanding of Company Compliances India
A company which has been incorporated in India must ensure compliance with the Companies Act,2013. The Companies Act, 2013 regulates appointment, qualification, remuneration, and retirement of directors of the Company. Aspects such as how to conduct ...
What is Registrar of Companies & Its Working?
The Registrar of Companies (ROC) is an office under the Indian Ministry of Corporate Affairs that deals with the administration of the Companies Act, 2013, The Limited Liability Partnership Act, 2008, The Company Secretaries Act, 1980 and The ...
Nidhi Company- Pre Incorporation & Post Incorporation Compliances
Nidhi Company Registration in India Nidhi Company is registered under the provisions prescribed in the Companies Act, 2013[1]. The only objective of forming a Nidhi Company is to cultivate the habit of thrift and savings amongst its members. The ...
Procedure for Company Name Change
Changing company names amounts to a significant alteration since Memorandum of Association and Articles of Association need to be altered. As per Section 13 of the Companies Act 2013, a company may change its name by passing a special resolution in ...
ROC Filing for Companies listed on MCA
What is the ROC? The Register Of Companies ( ROC ) is an office functioning under the Ministry of Corporate Affairs (MCA), which controls the entire administration of all companies and Limited Liability Partnerships (LLP) in India. The MCA controls ...
Procedure for Registration of Limited Liability Partnership
Procedure for Registration of Limited Liability Partnership 1. Introduction Limited liability partnership is a body corporate and legal entity separate from its partners. It enjoys the status of separate legal entity only after incorporation. LLP ...
Incorporation of Private Limited Company
Requirements for Incorporation of a Private Limited Company Every business type has its own set of requirements before it is incorporated. The requirements for Incorporation of Private Limited Company are as stated below: Members and directors: As ...
Private Limited Company Registration
Private Limited Company Registration Private Limited Company Registration is the most common structure of Business registration in India. Unlike working as a sole trader or being in a partnership a private limited company is a legal entity in its own ...
What are common Changes that occur in MOA & AOA
Changing objectives of a Company For alteration of any of the clauses of the memorandum of association, except the capital clause, consent of members by way of special resolution is required. However, in case of alteration of authorised share ...
Form CSR-1 Filing for registration to undertake CSR Activities
Filing of Form CSR-1 with the Registrar of Companies (MCA) for registration of entities for undertaking CSR Activities: Form CSR-1 is required to be filed pursuant to Section 135 of the Companies Act, 2013 and Rule 4 (1) and (2) of the Companies ...
Section 8 Company-Advantages and Disadvantages
Introduction A company is referred to as Section 8 Company when it registered as a Non-Profit Organization (NPO) i.e. when it has motive of promoting arts, commerce, education, charity, protection of environment, sports, science, research, social ...
All about LLP - Benefits, compliance & due dates, Procedure of Incorporation
Introduction According to Ministry of Corporate Affairs, Limited Liability Partnership (LLP) is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. In simple words, ...
Steps of Private Company Registration
What are the Steps of Private Company Registration? Process for Private Limited Company Registration · Step 1: Reservation of name by making application through RUN · Step 2: Application of Digital Signature Certificate · Step 3: Drafting of MOA, ...
Process of Change in Name of Private Company
What is the process of change the Name of Private Limited Company? As per Section 13 of the Companies Act 2013, a company may change its name by passing a special resolution in general meeting and receiving approval from the Central Government. The ...