Company Law

Legal Documents
Company Registration
CA. Kavit Vijay

9 Crucial Legal Documents Needed for your Business

Every business requires calculated risk-taking abilities to succeed in today’s highly competitive market. That’s why gen-y entrepreneurs love to showcase their talent and risk-taking ability in front of the world. However, ending up in the legal battleground in the process due to missing legal documents would be a big blow to a business.  Legal documents play an important role in safeguarding your business from misunderstandings and legal conflicts. Also, they help to ensure accountability and transparency whenever a dispute arises in the business space. Still, several business founders commit the common mistake of ignoring legal formalities during the early growth

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Why Should You Register a Limited Liability Partnership?
Blog
CA. Kavit Vijay

Why Should You Register a Limited Liability Partnership?

If you have to ask experts: Why are LLPs becoming the choice of business operations for startup enthusiasts? The answer will include various reasons such as low formation cost, lesser compliance and restrictions, and, most importantly, greater flexible options that only a Limited Liability Partnership offers.  1. What is a Limited Liability Partnership? Partnership firm is a simplified form of business and it is least organised as it is governed by terms and conditions mutually agreed in partnership deed. However, Limited or Private Limited Company are related complicated as it is governed by provisions of Companies Act, 2013 and also

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Benefits of Registering a Business in India
Blog
CA. Kapil Mittal

Benefits of Registering a Business in India

In the last decades, India has been contemplated as a remunerative market for doing business. The magnitude of a foreign investment indicates a promising future of an Indian economy. This assures there are more than one benefits of registering a Business in India. India is one of the most powerful countries in boosting up the global trade that leads to an increasing number of international business interests determined to invest in the market of India.  Here in this guide, we have mentioned some of the benefits foreign entities can have by starting their business in India.  Scroll through to get

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Why should you register a private limited company?
Blog
CA. Sachin Jindal

Why should you register a private limited company?

Businesses generally prefer private Limited Registrations due to two essential benefits, namely, perpetual succession and easily transferable ownership. Perpetual Succession ensures that the business will continue to operate even if its founder dies; Or chooses to sever all relationships with the company due to any unforeseen circumstances. But the changes in management will not affect the company’s image in any way.  The company will continue to possess the same rights, immunities, assets, and possessions. And will continue to operate in compliance with the rules of the relevant law until it permanently wound up. Another noteworthy advantage of this type of

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factors to consider while starting a new business
Blog
CA. Kavit Vijay

8 Key Factors to Consider While Starting a New Business

Are you preparing to start a new business by yourself? Getting frequently baffled on what to do and what not to do? Well, here are 8 important points you need to keep in your mind while launching any new business.  For any new business, cutting the risks while maintaining steady cash flow is very much essential to have a long run in the future. You’ll face many obstacles in the path but minimizing their effect is the all-important task you have to perform. Take note from us to prepare yourself for your journey as an entrepreneur.  1. A Ground-breaking Idea

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how to choose the right name for your company?
Blog
CA. Kavit Vijay

How to choose the right name for your Private Limited Company?

Choose the right name for your Private Limited Company is not an easy task. Selecting an appropriate and insightful name plays a huge role in future prosperity for any new business or startup. The name of a company creates the first impression on potential customers. Therefore, choosing a well-suited name becomes extremely vital, which has to be done with all efforts. Naming a company doesn’t just involve the technical aspect but also has certain legalities involved.  Ignoring the Companies Act 2013 rules while choosing the company name may attract unwanted litigation. That’s why we’re here to help you choose the

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Mandatory RoC Compliance for Private Limited Companies
Blog
CA. Kavit Vijay

Companies Fresh Start Scheme, 2020 (CFSS-2020)

The Companies Act, 2013 requires all the companies to file Annual Return and financial statement on annually basis with MCA. Apart, various other set of documents, returns, statements etc. are also required to be filed. Companies Act, 2013 prescribes time limit for filing of each such document. Fee and additional fee for such filing is given in Section 403 of Companies Act, 2013 read with Companies (Registration Office and fee) Rules, 2014. MCA received various representations from various stake holders requesting granting of one-time opportunity to file all pending documents without additional fee via Companies fresh start scheme, 2020 (CFSS

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Mandatory RoC Compliance for Private Limited Companies
Blog
CA. Kavit Vijay

Mandatory RoC Compliance for Private Limited Companies

In India, when it comes to startup, most of the business entities opt for Private Limited Company formation. The Ministry of Corporate Affairs (MCA) governs the Private Limited Companies in India as per the Companies Act 2013. As MCA suggests, you need to fulfill certain secretarial compliance or RoC compliances within a specific due date to eschew penalties. Wondering what the ROC compliances you need to go through while forming your startup are? Well, you don’t need to worry anymore! Here we are going to share the following details with you, What does RoC compliance mean? Essential RoC compliance for

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Relief to Business under Corona Stress
Blog
VJM & Associates LLP

COVID 19 Lockdown| Statutory & Regulatory Relief to businesses

Entire world is fighting against epidemic COVID 19 outbreak and Hon’ble Prime Minister of India Sh. Narendra Damodardas Modi has taken much need precautionary step of complete lockdown from midnight 12’o clock of 24th March, 2020 onwards for next 21 days and again extended to 3rd May, 2020 for another 19 days. In between various regular and financial year ended statutory and regulatory compliances are approaching and considering the situation, Hon’ble Finance Minister Smt. Nirmala Sitharaman held a press conference through video conferencing and announced various important reliefs measures taken by Government of India in the area of Income Tax, GST,

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SPICe+ Form
Blog
CA. Kavit Vijay

MCA Spice+ form: Register new company | No need to apply separate application for each registration

The Simplified Proforma for Incorporating Company electronically Plus(SPICe+) is a new online form that the MCA(Ministry of Corporate Affairs) has introduced for the incorporation of companies. The new SPICe+ is available from 15th February, replacing the already existing SPICe form as a part of the Ease of Doing Business (EoDB).  The new form SPICe Plus devotes 10 services via 3 central government departments & ministries (Ministry Of Corporate Affairs, Ministry Of Finance, Ministry Of Labour & Department for revenue) and one state government (Maharashtra).  Now you can apply following registration done with the SPICe+ form, no need to file separate

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