OPC is one of the most opted forms of business as it gives all benefits of a private company such as limited liability, separate legal entity, better recognition, legal protections, more market accessibility, credits, etc.
Are you also thinking of taking your private company into a public company or you are confused that whether you should convert your private limited company into a public limited company? Well, this is a big decision
New provisions are provided for physical verification of registered office of companies vide The Companies (Incorporation) Third Amendment Rules, 2022. For this purpose, a new Rule 25B has been inserted into Companies (Incorporation) Rules, 2014.
In this article, you will get a detailed analysis of the new “company name” norms that will be effective from 1st of September 2021.
Doing business outside of India and growing business internationally is an essential part of a company’s business expansion policy. If you as a business enterprise are looking for a way to set up a business outside of India, along with the legal requirements of that country a few of the Indian legislation and statutory requirements have to be kept in mind as well.
Know every thing about what are the advantage of company over partnership or any other forms of businesses registered in India.
A promoter is a person who undertakes to form a company with reference to a given project and sets it going and takes the necessary steps to accomplish that purpose.
Various foreign entities are opting for various methods to set up their entities in India such as set-up a subsidiary in India with Foreign Company as holding, Project Office, Liasoning Office, Branch Office, Direct Investment in Indian Companies etc.
Provisions related closure of Project Office/Liaison Office/Branch Office are regulated by Foreign Exchange management Act read with FEM (Establishment in India of Branch or Office or Liaison office or a project office or any other place of business) Regulations, 2016 and Master Directions No. 10/2015-16 dated 1st Jan, 2016.
From a foreign company’s point of view, India is one of the booming country’s to start a business in India. India is in the developing stage in terms of economy, growth, infrastructure, and technology. There are many untapped businesses where India has not yet stepped in or some of them are being outsourced. Business set up in India is all set to grow tremendously in all facets of areas, the major factors being changing Governmental policies, boost for international trade, welcoming culture of India, spending habits of the population, huge market base. 1. Advantages for Foreign companies Though India is a developing country yet
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