IEC (Importer Exporter Code) code registration is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) in India. It is a unique identifier for businesses engaged in international trade and is mandatory for companies that import or export goods from India. The IEC code is used to track the import and export […]
One-Person Company Registration – OPC Registration Procedure in India A One Person Company (OPC) is a type of business entity in India that allows a single individual to form a private limited company. The individual acts as both the owner and the director of the company and are responsible for making all major business decisions. […]
In India, companies can be registered under the Companies Act, 2013, and the Ministry of Corporate Affairs. The most common forms of companies registered in India are private limited companies and public limited companies. The process of company registration involves several steps including obtaining a Director Identification Number (DIN), obtaining a Digital Signature Certificate (DSC), […]
Equity-Linked Saving Schemes (ELSS) are considered to be the best tax saving option for several reasons: However, it is important to keep in mind that ELSS is a market-linked investment and the returns are not guaranteed. It is important to consider one’s risk tolerance and investment horizon before investing in ELSS. Types of ELSS ELSS […]
There are various funding options available for startups in India, including: It’s important to note that each funding option comes with its own set of advantages and disadvantages, and the right choice depends on the specific needs and circumstances of each startup. Angel investors: Angel investors are high-net-worth individuals who invest in early-stage startups in […]
Limited Liability Partnership (LLP) registration in India is a process of registering a new LLP with the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The following steps outline the process for LLP registration in India: It is important to note that the specific requirements and procedures for LLP registration in India […]
The following documents are required for registering a Limited Liability Partnership (LLP) in India: It is important to note that the documents required may vary depending on the jurisdiction and the specific requirements. It is advisable to check the specific guidelines and regulations in your area before starting the LLP registration process.
An NGO (non-governmental organization). These non-profit organizations work independently and are not controlled by the government. The motive of NGOs is to serve the nation for any social or political issue. But they are funded by the government group of people and even foreign companies, and some NGOs rely heavily upon the government for funding.A […]
What is DIR3- KYC ? Every individual who has been allotted a Director Identification Number (DIN) as on 31st March of a financial year as per these rules shall, submit e-form DIR-3-KYC to the Central Government on or before 30th April of immediate next financial year. Since it’s a recent introduction, there has been a […]
A Section 8 Company is basically a company formed under the plan of the 2013 Companies Act with the purpose of promoting science, art, research, religion, commerce, environmental protection, charity, education, sports, or any other object, with the condition that the gains be used to advance the objective. As a result, in this article, we […]