Concept of a One Person Company (OPC) ‘One person company’ is a type of legal entity which has been introduced by the Companies Act 2013. In the Companies act 1956, a minimum of two directors and shareholders were required to form a private limited company. Same continues in the new Companies Act, 2013. However, a […]
At the outset, please note one very important thing. Any investment by a foreign company in an Indian subsidiary is termed as Foreign Direct Investment (FDI) and shall be subject to FDI rules and regulations in India. The Procedure can be briefly outlined as follows: A. Pre -incorporation First ascertain if the proposed FDI falls […]
Process is the same as GST registration at any place in India. You need to go to http://gst.gov.in and select on Tax-payers : Register now and follow the process. The first time, there will be an opt to verify the email id and mobile number given. Once thats done, you will get a temporary reference number (TRN). […]
An LLP Agreement is an agreement between the partners of the LLP regarding how to run a Limited Liability Partnership. Limited Liability Partnership Deed (“LLP Deed”) is the singular most important document governing the relationship between the partners, on one hand and between the Limited Liability Partnership (LLP) and each individual partner, on the other […]
What is a Liaison Office? A Liaison office or a representative office is one of the ways by which a foreign Company may set up a business presence in India; the other means are to open a Branch office or a Limited Liability Partnership or a Limited Company (either as a wholly owned subsidiary or […]
A LLP is a business structure that came into being by passing of the LLP Act, 2008 and the notification of the LLP Rules, 2009. It is a relatively new structure in India. Its features is considered to be amalgamation of the features of a traditional partnership firm, formed under the Indian Partnership Act, 1932 […]
Process of GST registration is uniform all overIndia. One needs to go to https://www.gst.gov.in and select on Tax-payers: Register now and follow the process. The first time, there will be two separateOne Time Passwords (OTP) to verify both the email id and mobile number given.