A Private Limited Company (PLC) is incorporated under the Companies Act, 2013 and is governed by the Ministry of Corporate Affairs (MCA). To register a private limited company, a minimum of two shareholders and two directors are required.
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Nidhi Companies are registered Limited Companies involved in taking deposits and lending to their members. The activities of a Nidhi Company does fall under the purview of Reserve Bank of India, as it is similar to an NBFC.
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A Section 8 Company is a type of corporation established to promote non-profit activities, such as education, social welfare, environment preservation, arts, sports, charity, and more. This follows the provisions of the Companies Act 2013.
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The producer company is formed by producers or farmers who cooperate to produce agricultural products, such as harvesting, processing, packaging, and marketing. Providing better access to technology, markets, and finance ...
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A Public Limited Company that is registered under the provisions that are prescribed under the Companies Act,2013. The member of a Limited Company registered in India enjoys the features of Limited Liability and this type of entity ...
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Registering a One-Person Company (OPC) is favored among entrepreneurs who desire limited liability and a distinct legal identity. OPC is a unique business structure that permits a single person to function as a company ...
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Limited Liability Partnership (LLP) has become a preferred form of organization among entrepreneurs in India. An LLP incorporates the benefits of a partnership firm and a company. As the name suggests, an LLP is a partnership firm ...
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proprietorship is a type of business structure where a single individual owns and operates the entire business. The person who owns the business is known as the proprietor. A proprietorship is owned by a single individual ...
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MSME registration, also known as Udyam registration, is a government certification for micro, small, and medium enterprises (MSMEs) in India. It is a mandatory process for any business to legally operate in India ...
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Contractor registration is a process that allows a contractor to legally operate their business in a specific region or state. It is often required for contractors working in industries such as construction, consulting ...
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NITI Aayog Registration is a scheme launched by the Government of India in 2015. It is an online method for NGOs to submit their profile information to the NGO Darpan site ...
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Startup India Registration is a recognition provided by the Department of Promotion of Industry & Internal Trade (DPIIT) to startups. This recognition helps startups take advantage of ...
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Udyam Aadhaar is a unique registration mechanism for MSME introduced by the Ministry of Micro, Small and Medium Enterprises in 2020. The Udyam Aadhaar registration process is based on the concept of self-declaration, enabling MSMEs to register themselves for free ...
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Section 12AA of the Income Tax Act, 1961 (hereinafter referred to as the “Act”) deals with the application of registration to charitable or religious trusts or institutions. This section provides for registration of a trust/institution formed for charitable or religious purposes ...
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12A Registration, granted by the Income Tax Department, is a one-time registration for trusts and other nonprofit organizations. The primary objective of this Registration is to obtain an exemption from income tax payment. Generally ...
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80G registration is a provision under the Income Tax Act of 1961 that enables donors to claim tax deductions on donations made to eligible charitable organisations. The registration grants tax benefits to both the donor and the recipient.
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PF (Provident Fund) and ESIC (Employee State Insurance Corporation) are two different types of social security schemes in India that are designed to benefit employees. While PF is mandatory for all employees earning more than Rs. 15,000 per ...
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What is GST Registration. Under Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person ...
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The Importer - Exporter Code (IEC) is a key business identification number which is mandatory for Exports or Imports. IEC Number is granted by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce ...
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Trust companies specialize in managing trusts, which are legal agreements in which an individual or organization (the trustor) transfers assets to a trustee. The trust company can then manage the assets and wealth for a certain period.
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NGO stands for non-governmental organization. NGOs are voluntary groups or institutions with a social mission that operate independently from the government. They are formed to provide services or to advocate a public policy.
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Trademarks and its rights are protected by the Trademark Act, 1999. To get the protection of trademark rights one has to register the trademark. It is important to register your trademark because it prevents ...
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Copyright (or author's right) is a legal term used to describe the rights that creators have over their literary and artistic works. Works covered by copyright range from books, music, paintings ...
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A Food Safety and Standards Authority of India License or Registration is required for any food business in India that manufactures, stores, transports, or distributes food ...
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A patent is a legal document that gives the holder exclusive rights to an invention, product, or process for a set period of time. In exchange for publishing an enabling disclosure of the ...
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