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GST Registration: Procedure, Documents Required & Eligibility. Name of a company is what differentiates a company from others and it builds the image of the Company. For reservation of name, Form RUN is required to be filed with the Registrar of Companies (Registrar/ RoC). In general, name of a company is divided into three parts: [Trade Name] + [Object to be pursued by the Company on its incorporation] + [Limited/ Private Limited] For Example: HCL + Technologies + Limited [Trade Name] [Business Activity] [Business Structure] While choosing the name for a company, it is very essential that the person shall keep the following points in mind: For detailed provisions on reservation of name Click Here.
All about FLA Return of RBI. Published Mon, 19 Jun 2023 FEMA Foreign Liabilities and Assets (FLA) Return is a crucial annual filing requirement for Indian companies, Limited Liability Partnerships (LLPs), and other entities that have received Foreign Direct Investment (FDI) or made FDI abroad. This comprehensive guide will provide you with all the essential information about the FLA Return, its applicability, provisions, and the process for submission.
Introduction to FLA Return FLA Return is an annual report that must be submitted by Indian entities that have received FDI and/or made FDI abroad to the Reserve Bank of India (RBI). The purpose of the return is to capture data on the outstanding foreign liabilities and assets held by these entities in their balance sheets. Applicability of FLA Return The FLA Return is applicable on: Companies registered under the Companies Act, 2013. Non-Applicability of FLA Return An entity is not required to submit the FLA Return if: Due Date for Filing FLA Return Conclusion. Navigating the Maze Exemptions Available to Section 8 Companies 1. Exemptions Available to Section 8 Company – Your Company Registration.
Section 8 companies, also known as non-profit organizations, play a crucial role in fostering social welfare and promoting charitable activities. These entities operate under the Companies Act and have specific exemptions designed to facilitate their altruistic endeavors. Understanding these exemptions is essential for those looking to establish or work with Section 8 companies. What is a Section 8 Company? Brief overview of Section 8 companies and their primary objectives, focusing on promoting charitable causes, art, science, education, research, social welfare, etc.
Emphasis on their non-profit nature and utilization of earnings for promoting objectives, rather than distributing profits among members. Exemptions Available to Section 8 Companies: Tax Exemptions: Highlight the tax benefits available to Section 8 companies under the Income Tax Act, including exemptions on income generated from charitable activities. Challenges and Considerations: Exemptions Available to Section 8 Company. Company vs. Partnership: Understanding the Key Differences. Choosing the right business structure is crucial for any entrepreneur. Two common options are companies and partnerships, each with distinct characteristics and implications.
Understanding these differences is essential for making an informed decision about which structure best suits your business needs. What is a Company? A company is a legal entity separate from its owners, known as shareholders. It has its own legal existence and can sue and be sued independently. Companies offer limited liability to shareholders, meaning their personal assets are shielded from business debts unless they have provided personal guarantees. Key features of a company: What is a Partnership? A partnership is a business agreement formed by two or more individuals to operate a business and share its profits and losses. Key features of a partnership: Key Differences Between Company and Partnership Here is a table summarizing the key differences between a company and a partnership: Choosing the Right Structure. Demystifying the Costs: How Much Does it Cost to Register a Company in India? – Companies Next.
Starting your own business is an exciting venture, but the initial financial hurdles can seem daunting. One crucial step, registering your company, involves specific fees that can vary depending on several factors. Let’s delve into the details and understand the associated costs of company registration in India. Content Overview Government Fees: Breaking Down the Components The core cost of company registration involves government fees charged by the Ministry of Corporate Affairs (MCA). These fees are regulated by the Companies (Registration of Offices and Fees) Rules, 2014, and include: Registration fee: This fee is based on the authorized share capital of your company.
Professional Fees: Getting Expert Assistance Many entrepreneurs choose to seek professional assistance from consultants or legal firms for company registration. Also Read: Private Limited Company Registration in India Additional Costs to Consider Beyond the government and professional fees, some other costs may be involved: COST OF REGISTERING A PRIVATE COMPANY IN INDIA. Start-up India Registration: Your Guide to Getting Recognized – Companies Next. The Indian government, through its Start-up India initiative, offers a plethora of benefits and support to budding entrepreneurs. To access these perks, getting recognized as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT) is crucial.
Table of Content Here’s your comprehensive guide to Start-up India registration: Eligibility: To be eligible for DPIIT recognition, your company must meet the following criteria: Incorporated as a private limited company, registered partnership firm, or a limited liability partnership (LLP) in India. Registration Process: Register on the Startup India Portal:Visit the Startup India website ( Benefits of Recognition: Tax benefits: Enjoy tax exemptions on profits and capital gains for three consecutive years.
Additional Resources: Remember: The Start-up India registration process is online and user-friendly. Discover our latest blogs. Demystifying MSME Registration: Everything You Need to Know. Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy, contributing significantly to GDP and employment. To support their growth and development, the Government of India has implemented various initiatives, one of which is the MSME registration process. What is MSME Registration? MSME registration is a free, online process that recognizes an enterprise as a Micro, Small, or Medium Enterprise. This registration allows businesses to access various government benefits and schemes, including: Easy access to credit and loans Subsidies and concessions on electricity bills, interest rates, and patent registration Government tenders and procurement opportunities Priority sector lending Reservation in government purchases Benefits of MSME Registration: Enhanced credibility: Registration provides a formal recognition from the government, boosting your business's credibility and image.
Who is eligible for MSME registration? How to Register your MSME online: Conclusion: A Step-by-Step Guide on How to Check Your PF Account Balance – Companies Next. Managing your Provident Fund (PF) is an essential aspect of financial planning, ensuring a secure future for yourself. Checking your PF account balance regularly allows you to stay informed about your savings and track the growth of your investment. In this blog post, we will walk you through the simple steps to check your PF account balance. Suggested Post: All About FLA Return of RBI Step 1: UAN Activation : The first step is to activate your Universal Account Number (UAN). Step 2: Login to the UAN Portal: Once your UAN is activated, you can log in to the UAN portal using your UAN and password. Step 3: Navigate to the ‘View Passbook’ Section: After successfully logging in, navigate to the ‘View Passbook’ section.
Step 4: Check Your PF Passbook: In the ‘View Passbook’ section, you can see a detailed statement of your PF account, including your contributions, your employer’s contributions, and the interest accrued. Step 5: Using the UMANG App: Step 6: Missed Call Service: Conclusion: 1. 2. 3. How to start real estate business in india – Your Company Registration. The real estate sector is one of the most prominent and dynamic industries in India. It plays a crucial role in the country’s economy, contributing significantly to employment, infrastructure development, and overall economic growth. To operate legally and effectively in this sector, real estate companies must undergo mandatory registration procedures. Types of Real Estate Companies Real estate companies can be classified into various categories based on their business activities: Real Estate Developers: These companies acquire land, develop it into residential, commercial, or industrial properties, and sell or lease them to end-users.
Real Estate Brokers: These companies act as intermediaries between buyers and sellers of real estate properties, facilitating property transactions and earning commissions from the deal. Company Registration Process The process of registering a real estate company in India involves several steps: Additional Requirements for Real Estate Companies Conclusion.
Company Registration for Real Estate Company 1.