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When starting a business, most individuals prioritise planning the business activities, process, marketing, funding, etc. But sometimes forget to get business licenses in the first place and get in la ....
Companies are using dealer selection processes that encourage the regular awarding of licenses. This becomes a new norm that every business owner is following who wants to open a petrol pump. All the ....
A partnership firm is a type of business run by two or more partners. All the partnership firms in India are governed by the provisions of the Partnership Act 1932. Are you interested in starting a pa ....
Let us understand Partnership Firms & Registration
A Partnership Firm is a Corporate Entity where two or more member partners come together to do business. The terms of such business must be mutu ....
A Nidhi Company is a Non-Banking Financial Institution or an NBFI type. The Companies Act delegates a Nidhi to primarily provide services, such as accepting deposits and lending money among its exclus ....
Nidhi Companies, also known as Mutual Benefit Societies, are Non-Banking Financial Companies (NBFCs) registered under Section 406 of the Companies Act of 2013 in India. These Companies primarily deal ....
Section 23(4) of the LLP Act, 2008 states that if the partners disagree on terms of the LLP agreement, the mutual rights and duties of the partners in an LLP will be as per the provisions specified ....
A limited liability partnership (LLP) is a partnership in which a few or all accomplices contingent upon the purview have limited liabilities. It consequently displays components of partnerships and c ....
You must have heard both the terms ‘One Person Company’ and ‘Private Limited Company’. Both of them are popular types of companies in India, registered under the Companies Act ....
Companies Act, 2013, brought in a revolution of corporate laws in India by introducing and establishing new corporate concepts which were not included in Companies Act, 1956. The sections of the Compa ....
To your surprise, the Ministry of Corporate Affairs has dedicatedly drafted a design for a specialized Company, specifically dealing in the commerce of agricultural produce. Such companies are termed ....
A Producer Company is a corporate body registered under the Companies Act of 2013. Every Producer Company, as per the Act, involves itself in carrying out any of the following activities post its regi ....
Laws are extremely important for any society. They protect the rights of everyone, ensure the common good, reduce corruption and conflict, support development and maintain peace in the society. If the ....
Compliance refers to a set of obligations. Companies incorporated under the Companies Act 2013 are required to comply with certain compliances, including ROC Compliance. ROC compliance refers to oblig ....
India is filled with millions of startups and many of them are performing really well. If you’re planning to open a startup business, there are numerous things to be done. While you might be awa ....
What is a Public Limited Company? A Public Limited Company or better known as a PLC, is a business organization owned by its shareholders. It is the largest corporate structure any business person can ....
If you have ever wanted to make a positive contribution to the world, there’s no better time to do it than now. The tax authorities in India provide tax benefits on the contributions made to the ....
NGOs are organisations that aim to provide aid and support to those who are underprivileged and in need. They are individuals who are passionate about making a positive impact through social service. ....
Sole Proprietorship is one of the most common forms of business worldwide. As its name suggests, Proprietorship is a business in which a single person owns the assets and affairs of the busine ....
The whole of India cheered with teary eyes when Kamlesh, inventor and a son of a farmer, presented his absolutely amazing invention to the sharks in the not popular TV show, “Shark Tank”. ....
In the past few years, India has emerged as one of the largest startup ecosystems in the world. Startups can be found in every corner of our nation. For the funding of startups and their other early-s ....
Startups are young companies that are founded by entrepreneurs to create a product or service in the market that helps solve the problems of customers that no other business is doing. It focuses on cr ....
Before learning about converting a Pvt Ltd Company into an OPC or One Person Company, let us learn about these company structures. A Private Limited Company is a registered corporate structure model w ....
In this article, we have discussed some of the advantages of releasing an IPO, i.e., a company's Initial Public Offering for Private to Public conversion. Let us look at them one by one.
Get D ....
Small Scale Industries are essential for the economy's growth, especially in developing countries like India. As per the Ministry of Statistics and Programme Implementation, the SSI provide employment ....
On August 6th, 2020, the Ministry of Micro, Small and Medium Enterprises (MSME) released a notification in which all the information was included about existing Entrepreneurs Memorandum (EM)/ Udyog Aad ....
The Food Standards and Safety Authority of India (FSSAI) is responsible for the regulation and supervision of the food industry. FSSAI Registration is mandatory for anyone that wants to enter the food ....
India is the homeland for various cultures. Each culture has its own unique cuisine with some mouthwatering dishes. South India is famous for its idli sambar, while North India is famous for its parat ....
Compared to other countries, setting up a company in Hong Kong doesn’t require tons of documents. All you have to gather is the following documents:
This is a legal doc ....
Hong Kong is one of the world’s most significant financial centers and the fifth most competitive global market. It’s a fast-growing market with opportunities across many industries such a ....
Often known as the city of gold, Dubai offers a golden opportunity for individuals who want to run their own business in the UAE. When you set up your business in Dubai, you are free from net worth ta ....
Dubai offers a business-friendly environment and ease of doing business due to state-of-the-art infrastructure and low tax rates. If you want to set up a business in the UAE, then you can consider est ....
Looking for investors in Singapore to launch or scale your business? For companies, there are many ways to raise funds. But the main thing is not only to raise funds, it is to know why you need the fu ....
If you are a foreign entrepreneur who wants to set up a business in Singapore then you must apply for an Entrepreneur Pass (EntrePass) from the Ministry of Manpower (MOM). Along with the application, ....
The United States is a hub of global commerce which attracts millions of foreign entrepreneurs to set up a business. In 2013, President Obama publicly recognized the benefits of foreign business inves ....
The first decision that most businesses make is to choose the type of business entity that suits the goals of the company. In the USA different laws and regulations are made separately for every busin ....
Visa programs allows foreign entrepreneurs to obtain work visa and permanent residence visa to register a business in Canada. Any foreign individual, business owners, and investors can take benefit fr ....
Ontario is based in the middle of Canada and has the highest population compared to all the Provinces and Territories with 50% of the total population. Most of the small and medium-sized businesses ar ....
In Malaysia’s GDP, small and medium enterprises are key aspects. To help these SMEs, the government help them grow and contribute more to the economy. After incorporating in Malaysia, the first ....
Malaysia is the Land of Malays and also the Land of Business Opportunities. But the business opportunities are not limited to only Malays. The Corporate Authority of the Malays allows Foreign Investor ....
In the last few decades, a trend has been seen in Indian entrepreneurs to locate themselves in London for international setup. For most, it is an opportunity to sell in markets of London because of a ....
Corporate Structure and Company’s Trade Name
Every native of either USA, India, or Canada, who is also an Indian National, can apply for the Company Registration procedure in the United Kingdom ....
If you are a freelancer, a self-employed individual, or a business owner new to Germany, opening a business bank account with lots of paperwork can be difficult. Because of this many businesses doesn't ....
Looking to start a Company in Germany but unclear about the latest industry trends and the choice of commercial activities to build your business around? To clear you of such doubts, we have compiled ....
The British Virgin Islands refers to a British foreign region situated in the Caribbean. The territory is surrounded in the east by Puerto Rico. Road Town is the capital of the British Virgin Islands, ....
The British Virgin Islands is the offshore territory of the British Crown. It is administered from North European Island. Although initially thought to be a colony, the British Virgin Islands has a se ....
