A memorandum of understanding is the formal name. The formal agreement between two or more parties is a memorandum of understanding (or MoU). These documents are used to start official business relationships. Mou registration is common in multinational international relations as they are fast and can be kept confidential, unlike treaties. The MOU can also … Read More “Mou Registration – India” »
Complaints can be made with a district forum, state commission, or national commission, all of which are empowered by the act to protect consumer rights. This article provides a simplified version of the steps that need to be followed when approaching your local consumer protection authority. Resolving consumer grievances For simple settlement of consumer disputes, … Read More “Online Consumer Complaint – India” »
The centre’s drive to promote MSMEs includes LLP registration in India. Find out how to register an LLP in India. LLP Registration: What Is It? A Limited Liability Partnership (LLP) is a form of association between entrepreneurs. This type of company combines the advantages of a partnership company with a private limited company. India … Read More “Is LLP Registration in India temporarily suspended” »
A unified world market and the disappearance of national borders have made it necessary for every company to secure its name and fame for the future. How can this be accomplished? Become a registered corporation! The 5G era is upon us. Now is the time for startups. The world is rapidly evolving today. Our shopping … Read More “Why Is Company Registration Required?” »
Under the Companies Act, 2013, a private company must have at least two directors, with a maximum of 200 directors. Benefits of Incorporating a Private Limited Company Partnerships, for example, are liable for any debts incurred by all partners. The partners will have to sell their personal assets if the partnership cannot repay its debts. … Read More “Maximum Number of Members in a Private Company” »
Trademarks are any symbol, word, number, expression, color combination, or design that identifies the origin of a product and differentiates it from all other products of the same kind. With a symbol, word, number, or even a combination of colors, you can capture your brand’s identity. This helps you stand out from the crowd. The … Read More “Be Unique In The Market: Register Your Trademark” »
There is a massive growth in the entrepreneurial culture around the globe. WIPO (World Intellectual Property Organization) statistics show that over 4 million trademark registrations are made worldwide every year. Having a trademark registered can be a valuable asset in terms of protecting and establishing a business. It is important for the US trademark registration … Read More “Why Getting a US Trademark Registration Is Important” »
Choosing from so many options is hard, isn’t it? We walk you through the ABCs of starting a business by examining the advantages and disadvantages of the three most popular types of Indian business entities. Corporate organizations now have more flexibility thanks to the 2013 Limited Liability Partnership (LLP) Act and the Companies Act. Entrepreneurs … Read More “LLP vs. OPC vs. Private Limited” »
It is a company incorporated by one person. This type of company can be formed with only one director and one member, as per Section 2(62) of the Company’s Act of 2013. The OPC structure was introduced to allow a sole entrepreneur to start and manage a limited liability entity. That is why it has … Read More “OPC Compliance Requirements” »
What Is an LLP? LLPs combine the benefits of a limited liability company and the flexibility of a partnership to create a hybrid corporate structure. They are able to continue even if the partners leave. In addition to entering contracts and owning property, an LLP can manage its operations. Due to the fact that it … Read More “A Complete Guide to GST Registration for Limited Liability Partnerships” »
