When a company or limited liability partnership is incorporated in India, the Companies Act, 2013, or the Limited Liability Partnership Act, 2008
Category: Company incorporation
Corporations have many disadvantages that business owners should be aware of, including Formalities and Expenses, Corporate Disclosure, Separation of Ownership from Control, Greater Social Responsibility, Greater Tax Burden, and Detailed Winding Up Procedure. Now let’s dig deeper into them. Assumed Association Memorandum Association Articles The Disadvantages of Incorporation Expenses and formalities Disclosure of corporate information … Read More “The Disadvantages of Incorporation” »
When you decide to incorporate your company, you will be responsible for all the legal formalities along the way. That’s the only way to build your brand, reputation, and credibility. The public views legality differently in India. Moreover, you are a brand that stands out in the country. During the registration process of a company … Read More “Company Registration Mistakes” »
Startups commonly make mistakes during registration in India Thousands of dollars are invested every year in technology projects, software, and other related initiatives. Investments allow you to put your ideas into action, but today’s entrepreneurs are inclined to make mistakes that leave their investments at risk. In light of this, we developed a list of … Read More “Common Startup Registration Mistakes in India” »
Term of the Agreement 1. Ownership of the company A key part of the Agreement is to determine the percentage of equity ownership of the co-founders of the company. The equity ownership of company co-founders is determined by considering several factors such as monetary investment, experience, existing intellectual property, expertise, and industry network. As well, … Read More “Considerations in Founders Agreements” »
Hello! Today we are going to talk about how to start your business fresh and without money. Many will say this is untrue, but I will tell you more than that. In this article, I will tell you how to do this, give examples of business ideas without investments and talk about this topic in the comments. … Read More “How to Make Your Business Successful?” »
Form INC-29 has been introduced by the Ministry of Corporate Affairs (MCA) to streamline the registration process for companies in India. With INC-29, you can obtain a Director Identification Number (DIN), a Name Approval, and an Incorporation application all in one place. With this integration, it is easier to start a company in India since … Read More “Form INC-29 – Fast Track Company Registration” »
Recently, several promising areas of entrepreneurial activity have emerged. Counselling services have become particularly popular. If you plan everything properly and find the target audience, such a business will bring good returns. Consulting services, what they are and why they are, we will find out in this article. Read further to get the reasons for … Read More “How to Start Your Own Advice Business How to Open a Consulting Firm?” »
Every day, hundreds of new firms are founded that aim to maximize profits in the future. However, not all of them are successful. In spite of proactive strategies and unprecedented efficacy, most new firms are stuck at their initial phases of the lifecycle. Errors of registration are more likely to occur during the first stage … Read More “How Do Startups Make Registration Mistakes?” »
To get to the end of any opportunity, it is important to do the smallest things first, then take the big steps with the right foot. Everything must be planned and on time for a new startup to be successful. If you want your Start-up business to catch fire since inception, it is recommended to … Read More “Registration Mistakes Made by Entrepreneurs” »