In today’s business world, maintaining up-to-date Know Your Customer (KYC) details is crucial for all parties involved in a transaction. In particular, it is essential for directors to keep their KYC information up-to-date. This is not only important for compliance purposes but also has a significant impact on the company as a whole. First and foremost, it is important to…
Starting a small business in India can be a daunting and challenging task, but registering a Private Limited Company can provide numerous benefits that can help your business grow and succeed. Here are some of the main benefits of registering a Private Limited Company in India for small businesses: In conclusion, registering a Private Limited Company in India can provide…
A Private Limited Company has become one of the most widely used business entities lately. A Private Limited Company offers protection of Limited Liability to its members and offers greater flexibility in terms of raising funds from private equity. We have discussed the steps for the incorporation of a private limited company in this blog. We can broadly divide the…
Names are an important part of our lives. Our names are our identities and distinguish us from others in society. Similarly, the business names are the identities of businesses and differentiate one business from other. The first and most important thing, while starting a new business, which needs to be decided, is the name of the business. The business name…
When an entrepreneur wants to start a new business, the first question is which type of business entity suits his business. There are many different options of business entities available in India viz., Proprietorship, Partnership, One Person Company, Limited Liability Partnership, Public Limited Company etc. However the major contemplation is between a Limited Liability Partnership and Private Limited Company. Proprietorships…
Starting new business can be exiting and at times scary. It is time to take big decisions that may have resonating impact on success of your organization and even the course of your life. Arming yourself with the information you get will help to ensure you make the correct decisions that will set your business up for success. Luckily for…
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