What Are the Differences Between a Partnership and Joint Hindu Family Business?
By Anita Aswal, 6th April 2021
India has its own business culture and legacy of doing business, which is still prevalent from many centuries. Such old business models are not only successful in the country but also....Read This Post
What are the Key Benefits of MSME Registration in India?
By Anita Aswal, 23rd March 2021
The advent of technology and the startup culture are proving the effective concept in pushing the Indian economy. Due to the government's encouragement and flexible startup...Read This Post
Register All Kinds of Company in India Swiftly and Economically
By Anita Aswal, 16th March 2021
Today, in India start-up culture is flourishing, which is inspiring youths to start their own company. Hence, entrepreneurs in India have to decide what type of company registration,...Read This Post
Register GST in India Perfectly, Fast, and Economically!
By Anita Aswal, 19th February 2020
To register GST in India is now mandatory for all liable/concerned people and companies which are engaged in businesses or providing services in various economic fields,...Read This Post
All About Swift and Perfect Registration of NBFC in India!
By Anita Aswal, 20th September 2019
A Non-Banking Financial Company (NBFC) does not possess proper banking licenses like commercial banks, but is permitted to carry out a variety of financial transactions to help public depositors, borrowers, and investors. Broadly, these NBFCs serve as the intermediator between the public borrowers and depositors...Read This Post
The Last Date of Filing e-Form DIR-3 KYC is Now 30th September 2019!
By Anita Aswal, 14th August 2019
In order to ensure that only qualified and legally authenticated directors are made responsible for running the companies and for managing all various significant company affairs, the Ministry of Corporate Affairs (MCA), Govt. of India, had introduced the Companies (Appointment and Qualification of Directors) Rules, 2014.Read This Post
Significant Beneficial Ownership (SBO) Rules
By Anita Aswal, 31th July 2019
The Ministry of Corporate Affairs (MCA), Govt. of India, issued a highly significant notification dated 1st July 2019, to further amend the Companies (Significant Beneficial Owners) Rules, 2018. These rules are notified as being the Companies (Significant Beneficial Owners) Second Amendment Rules, 2019. Read This Post
The Most Popular Types of Companies in India
By Anita Aswal, 29th April 2019
As India is one of the largest and steadily prospering economies of the world, the corporate world of India is rather rich and varied with presence of almost all types of companies/firms which are engaged in its various economic fields/sectors. Read This Post
What are the Mandatory Compliances for Companies?
By Anita Aswal, 31st Jan 2017
The annual mandatory compliances are different for different types of companies in India or abroad. These mandatory annual compliances for each of the following four most popular types of companies in India are stipulated separately in paragraphs below. Read This Post
What is Central Registration Centre (CRC)? How is it beneficial for the Indian Market?
By Anita Aswal, 24th November 2016
The establishment of the Central Registration Centre (CRC) by the Ministry of Corporate Affairs, Govt. of India, is undoubtedly a very strong and effective measure for expediting the processes of the reservation of proposed name of the company, and incorporation of the desired company. Read This Post
India Relaxes Foreign Direct Investment Policy Norms to Attract Investors
By Anita Aswal, 7th November 2015
Foreign Direct Investment in India has increased up to 48 percent since the Make in India initiative was launched by the Government of India in September 2014. It indicates investors confidence in the initiative that was launched with an aim to make India a manufacturing hub. Read This Post
Foreign Development Investment: A Boon for Indian Entrepreneurs and SMEs
By Anita Aswal, 3rd November 2015
Recently, the Government of India has relaxed FDI policy norms to make India an investor-friendly country. Since then the debate about how FDI helps Indian entrepreneurs and SMEs (small and medium enterprises) has gained momentum. Read This Post
What Documents are required for FCRA?
By Anita Aswal, 7th July 2015
According to Foreign Contribution Regulation Act, a company/association/Non-profit NGO must seek the permission from Government of India, Ministry of Home Affairs before receiving any funds from foreign sources. The process of registering an association with FCRA is explained here. Read This Post
How to Register FCRA for NGO and what is The Procedure?
By Anita Aswal, 1st July 2015
It is essential for NGOs to register with FCRA to receive foreign funds. Every NGO must apply for the registration to Government of India prior to receiving any funds from people outside of India during their fundraising campaign. Read This Post
Who Can and Cannot Receive Foreign Contribution?
By Anita Aswal, 24th June 2015
FCRA have strict guidelines for the people and clearly defines who can receive foreign contribution and who cannot. The main motive of this entity is to make sure that the funds received from foreign sources is utilized for a good purpose, and not for the personal benefits. Read This Post
What is Foreign Contribution and what is a Foreign Source
By Anita Aswal, 17th June 2015
In general definition, a foreign contribution is any donation or money or gift or article given to any person who has received it from a foreign source, either directly or indirectly. Read This Post
How to Convert Sole Proprietorship to One Person Company?
By Anita Aswal, 10th June 2015
In clear words, an OPC is a company and a sole proprietorship is not. A sole proprietorship does not have its legal recognition and can be closed at any moment. Another different is the nominee, which is present in an OPC. In case of the death or incapability of the owner, an OPC goes to the nominee while a sole proprietorship firm closes. Read This Post
How to Convert a Private Limited Company into One Person Company?
By Anita Aswal, 4th June 2015
The conversion of Private Limited Company into One Person Company (OPC) is explained in Rule-7 or Companies Act 2013. The rule states that any company registered under Companies Act 2013, Section-8 can be converted into an OPC if The company has a share capital of Rs. 50 Lakh, or The company has an annual turnover of Rs. 2 crore or more. Read This Post
How to Convert One Person Company into Private Limited Company?
By Anita Aswal, 20th May 2015
Every person who registers an OPC eventually dreams of converting it into a Private Limited Company. This is due to the reason that a Pvt. Ltd. Company has better reputation and more exposure in the business world and is the most popular form of companies across the world. Read This Post
One Person Company Advantages and Benefits of OPC under Companies Act 2013
By Anita Aswal, 15th May 2015
The greatest advantage of a One Person Company is indeed that you are the only owner of it and have all profits for your own, but there are many more advantages of a one person company in comparison to a proprietorship firm, LLP or Private Limited Company. Read This Post
How to Start One Person Company and Documents Required for OPC Registration
By Anita Aswal, 5th May 2015
In the new Companies Act 2013, a new concept of OPC or One Person Company is introduced which says that a person can register a company on his name as a single owner or director. After that, many enthusiasts who are planning to start a company are worried about how to start one person company Read This Post
What is One Person Company?
By Anita Aswal, 5th May 2015
One Person Company or OPC concept was introduced under The Companies Act, 2013, which allows the business owners to run their company solely. The Act says that a person can register a company governed by himself with no other partner or employees. Therefore, OPC is a combination of Sole-Proprietor and Company. Read This Post
LLP Company Advantages over the Private Limited Company in India
By Anita Aswal, 30th April 2015
Also called as Limited Liability Company (LLC) in many other countries, the Limited Liability Partnership (LLP) company possesses certain highly impressive advantages over the private limited company. Read This Post
LLP Registration Procedure - How to Incorporate LLP and Documents Required
By Anita Aswal, 23rd April 2015
The Limited Liability Partnership (LLP) Companies are quite famous in India and countries worldwide, for conducting secure, flexible, and progressive businesses in various economic fields. Read This Post
What is Limited Liability Partnership (LLP) Company and How to Start it in India
By Anita Aswal, 23rd April 2015
For extending expeditious and excellent legal services to Indian and foreign people in connection with flawless formation of LLPs in India, our delhi-based full-service law firm, have been quite prominent and popular for past several years. Read This Post