Startup India Registration startup India registration, People are very interested in starting their own businesses, but funding, confusion and ignorance have become major barriers to entrepreneurship. The government is offering plenty of schemes, subsidies and exemptions to encourage young entrepreneurs as it gives economic growth to the nation and a good reputation among other countries.…
What is a Limited Liability Partnership The LLP was launched in India via the “Limited Liability Partnership Act, 2008”. The main advantage of a “Limited Liability Partnership” is that one partner is not liable for the misconduct or negligence of another partner. The LLP is preferred by Professionals, micro and small businesses which are family-owned…
What is Limited Liability? What is Limited Liability? When someone asks me why I should choose a private limited or one-person company instead of a partnership or sole proprietorship, I use it to explain the main advantage of a limited company, which distinguishes it from a firm, which is ‘Limited Liability’. But what does that mean?…
UDYAM REGISTRATION, Starting a business is not a small task, we need to become a domain expert, need huge funds as capital, need office space and even we need continuous motivation and support. The growth of SMEs can only support the country’s economy, understanding this fact, the Government of India had passed the MSME Act…
Types of FSSAI License How many of us are foodies like me? I am confident that crores of people are like me. A food industry which provides quality food and good service cannot fail at all. Because there is a huge scope and crores of targeted customers. If you think of starting a food industry,…
How to Get a Digital Signature Technology has grown a lot, nowadays, accounts filing, GST, online documents and many other activities have turned online. On the other hand, plenty of frauds are happening by using your signature, so because of technological transactions, even our signature turned out to be a digital signature. In this article,…
Why your startup must be a Private Limited Company What is a private limited company? A Private Limited Company is a business entity held by a small group of people. It is registered for pre-defined objects and owned by a group of members called shareholders. Startups and businesses with high growth aspirations are popularly choosing…
Why not use an Online Sample Agreement for your business An agreement is a kind of promise made by both parties. In India, many agreements are bound orally among the people for different kinds of purposes, which starts from betrothal agreement to business agreements. But for marriage it is ok to go with an oral…
Six Steps of Limited Liability Partnership Registration What is a Limited Liability Partnership? This type of business entity, Limited Liability Partnership (Limited Liability Partnership), was introduced in India in 2008 with the enactment of the Limited Liability Partnership Act, 2008. This hybrid firm has characteristics of both a partnership firm and a limited liability company.…
How to Register a Private Limited Company What is a Private Limited Company? The most popular type of entity which is aptly suitable for small businesses. A private Limited Company is an independent legal entity administered and governed under the Indian Companies Act, 2013 under the Ministry of Corporate Affairs. In this type of entity, …
