Starting a business is an exciting venture, but the company registration process can be fraught with challenges. Entrepreneurs often face several pitfalls that can lead to delays, penalties, or legal complications. This guide highlights ten common mistakes made during company registration and provides actionable strategies to help you avoid them. 1. Choosing the Wrong Business …
As a business owner in India, one of the most important decisions you will make is choosing a name for your company. Not only does your company name represent your brand identity, but it also plays a critical role in establishing your legal presence in the country. However, before you can start using your chosen …
Once you have found your corporate and trade names, you should ensure they are available by turning to the experts providing company registration services in India. With their assistance they can help you check whether the name is available to the name that you choose for your company. At the same time, if you carry …
The procedure to register a subsidiary company in India Introduction In India you can set up the foundation of a subsidiary business. This is beneficial to companies who want to expand their operations by setting up a subsidiary business in a different nation. The process to register the subsidiary company in India is done online and does …
OPC, also known as One Person Company, was created in India by the Companies Act of 2013, an innovative concept greatly relieving many entrepreneurs. According to Section 2(62) of the Companies Act 2013, One Person Company or OPC is a firm comprised of one person who is an individual member. Simply put, it’s an entity …
Establishing up a private limited company is one of the highly endorsed ways to start a business in India. This category of the company offers limited liability for its shareholders with certain limitations placed on the ownership. A Limited Liability Partnership has partners, who own and manage their business. Although in Private Limited company registration, …
A Partnership firm gets registered under section 58 of the Indian Partnership Act 1932 and it’s done through the Registrar of Firms. A business entity that’s controlled by an association of individuals is defined as a partnership firm. The partners of a partnership firm share the liability of profit and loss. Steps to register a …
India is one of the largest countries in the world and businesspersons here have many ideas they can put in practice by starting companies. In the past few years, the number of startup companies has started picking up in India thanks to these ideas which usually come from young entrepreneurs. In this article, our company …
The entire economy of the nation is stagnant due to the current lockdown announced by the ruling in order to protect people from the COVID-19 pandemic. All the government authorized regulatory bodies are doing their best in providing relief to the individuals residing in India. One such organization is the Ministry of Corporate Affairs (MCA) …
If you’re aiming to begin a business in India, the primary & foremost step is to determine the legal presence of your business in India by registering your business by the applicable provisions of firms Act, 2013. As a start-up, you’ve got numerous alternatives to include your business like Sole ownership, Partnership Firm, One Person …