Identify the Types of Directors in a Company in India A company has a board consisting of directors who are in charge of managing the business. In other words, they are responsible for planning strategy, making decisions, and ensuring that the company reaches its goals. There are different types of directors in a company, and…
Know About the Eligibility & Procedure for MSME Registration in India MSME refers to micro, small, and medium enterprises in India. The MSME Act was passed in 2006 to enhance the development of micro, small, and medium enterprises (MSMEs) and foster competitiveness among them. The MSMEs receive certain benefits, which even large-sized companies are not…
Tips for You to Choose the Right Business Structure for Your Company Waving the starting flag for a new business may sound quite fancy, but the reality is entirely different. In fact, without having an appropriate plan to work on, your work may get completely screwed. If you are one of those entrepreneurs striving hard…
Starting a Company India: Things You Have to Do Post Registration for LLP Have you checked the post compliance list to start your business as LLP? If not, then you must think about post-registration for LLP to receive the certificate of incorporation. Deciding on a business entity is the first step towards entrepreneurship. If you…
Copyright Registration Guidelines: Things to Know About Copyright Registration in India Copyright acts as a crucial tool that helps in safeguarding your intellectual property. Apart from protecting the new works, Copyright Registration ensures inventors obtain enough compensation. Though it’s optional, getting a copyright is superlative as its law guards the expressions of ideas. The rules…
Things to Know When Applying for Trademark Registration in India With the passing time and rising competition in the world of business, numerous businesses prefer to traverse on others for support. However, by considering trademark registration, you can ensure that others do not benefit from your efforts. In today’s world, the trademark is not only…
Voluntary GST Registration Application Guidelines Every business that has no prerequisite to register under the Goods and Services Tax can voluntarily register themselves under the latest tax system. In India, multiple businesses choose Voluntary GST Registration to conquer the falls of the composition scheme. Any company whose turnover does not go beyond the 20-lakh limit…
Business Climate: COVID-19 Affects Accounting Standards in India COVID-19 affects accounting standards of the biggest businesses in the country. India, which serves as the home of millions of foreign companies, in what was once the favourite place to do business, suffered more than other Asian countries. The onset of the deadly virus from Wuhan, China…
Evolution Leading to Outsourcing Accounting Work: Why Outsource Your Accounting Needs in India? Outsourcing dates back after World War II. Businesses struggling to get back on their feet thought of a way to make both ends meet. Outsourcing provided struggling businessmen with the lift amid limited available resources. To them, this system gives them the…
Factors to Consider While Choosing an Ideal Indian Bank to Open a Corporate Account Banks exist to secure whatever we want to keep safe from any untoward circumstances – manmade or otherwise. The practice of putting whatever we want to save in the banks dates back shortly after our forefathers introduced the use of currency…
