Private Limited company is one of the most adopted forms of Business registration in India. Businesses often get attracted to the label of Private Limited and blindly go for it. While the fact is, before you chose to register your Business as a Private Ltd Company, it is vital to understand its advantages & disadvantages. […]
Choosing the correct structure of your Business is equally important as setting up the Business itself. Any wrong decision can cost your Business dearly. The Partnership is one of the most prevalent structures in India. Numerous Businesses adopt this Business structure for its various benefits. But the ultimate decision depends on your Business structure […]
What is a Private Limited Company? It is a type of Business Registration that offers limited liability to its shareholders. This is an excellent advantage as it immunizes the shareholders’ assets & limits their liability to the unpaid share capital. But it also places some restrictions on the shareholders. Moreover, there should be a minimum […]
OPC has become one of the most preferred forms of Business registration amongst entrepreneurs. If you are planning to get your Business registered as an OPC, you must understand its advantages and disadvantages first. In this blog, I will be covering all the significant advantages and disadvantages of an LLP. But before you start, if […]
Proprietorship is the most preferred Business structure in India. More than 50% of the total Indian Businesses operate as a Sole Proprietorship firm in India. Small & Micro Businesses, Cottage industries, Family shops, Small Traders, and other such Businesses prefer working as a Sole Proprietorship. So it is understandable if you, too, are inclined to […]
Small Scale Industry or SSIs are one of the most crucial section of the Indian Economy. In this blog, I will be discussing the SSI registration process. If you have not read our previous blog about SSI, we recommend reading it first here. In this blog, I will explain the SSI registration process, Document necessary […]
The ultimate goal of every Business is to keep growing. In India, multiple small businesses start their operations as an LLP. But it becomes critical for them to alter their business structure for expansion and growth at some level. Fortunately, section 366 of Companies Act, 2013 mandates that if an LLP satisfies specific criteria, it […]
Small Scale Industries or SSIs hold an important place in the Indian economy. These industries are indulged in varied business activities like Production and manufacturing of daily use items and certain services, albeit at micro-scale. These industries are generally labour-intensive with minimal technologies and modern tools at their disposal. The investment in basic machinery in […]
India is rapidly becoming a Startup in the world. The rising young generation of India is shifting its focus from traditional to unique and new businesses. The massive population of 1.3 billion also makes India an ideal place to launch startups. This massive population has varied needs, and these needs can be easily converted into […]
Hello guys, in the previous blog, I explained the reasons for and benefits of converting an LLP into a Private Limited Firm. If you haven’t read that blog, please visit it here to get a better understand of the current blog. Here, I am going to talk about the process to convert an LLP into […]