Why MSME registration is essential for your business? Over the past five years, Micro, Small and Medium Enterprises (MSME) sector has emerged as a dynamic sector of Indian economy. On one hand MSME plays an important role in employment generation at comparatively low capital cost and on the other hand, it helps to industrialize rural…
What is CGSME Scheme? There is great buzz about CGSME scheme. There is no doubt that government of India has introduced different types of rules and regulation for businesses so that businesses of all size can flourish here. Whether you are into an offline or online business, you would surely like to run it legally.…
Benefits of MSME Registration Udyog Aadhar Benefits of MSME registration or Online MSME Registration plays a vital role especially for small and medium sizes of business throughout India. It is found that the overall economic growth of a nation largely depends on its small and medium size businesses. If you are also running a small…
Intellectual Property Rights (IPR) Laws in India IPR Laws in India Let’s begin with a short history lesson. Intellectual Property Rights originated during the Renaissance in Italy in the 13th century. With their implementation, an individual was able to protect and earn money from their invention. Soon, this system of patents and copyrights spread across…
Private Limited Company Registration Process Procedure for Registration of a Private Limited Company in India Private Limited Company is one of the most popular forms of corporate legal entities in the world. Governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014, a minimum of two shareholders and two directors are required to…
Private Limited Company VS Public Limited Company There are many types of companies, the most popular form are; private limited and public limited company. Both have its own advantages and disadvantages. Therefore, an entrepreneur will have to choose the type of company depending upon the funding plans. According to the Companies Act, 2013, ‘private company’…
Private Limited Company – Post Registration Compliances A Private Limited Company is a creation of law. It must comply with the provisions of the Companies Act, 2013. Specific activities have been described that must be followed immediately after the incorporation of the company. Some of them are listed in Companies Act, 2013 and some have…
What is One Person Company Registration One Person Company Registration The Companies Act, 2013 introduced the concept of One Person Company in India in order to support entrepreneurs capable of raising their own venture. This venture allows them to create a single person economic entity. In case of a One Person Company registration, only one…
What is One Person Company What I OPC? – Full form, Definition and Benefits The most prevalent types of corporate legal entity for small business at an initial stage which is started, managed and executed by a single individual is One Person (Private Limited) Company – OPC. Government of India promotes the entrepreneurs of the…
One person Company (OPC) – Registration Process What is One Person Company (OPC)? The Companies Act 2013, introduced the concept of One Person Company (OPC) in India. This enabled the entrepreneurs to start a venture if they are capable of doing so. It is important to note here that the rules do not permit non-banking…