OPC Compliance Requirements One person companies are companies formed by a single person. A company can be formed with just 1 director and 1 member, according to Section 2(62) of the Company’s Act of 2013. The OPCÂ structure was introduced to allow a sole entrepreneur to start and manage a limited liability entity. Its main … Read More “Compliance Requirements of the OPC” »
According to the Companies Act 2013, a company consisting of just one member is defined as a “One Person Company”. Private companies are defined as one-person companies. A one-person company can be incorporated by any individual who has citizenship in India. The members of an OPC must be the same person. During the course of … Read More “Who is Eligible to Become a Member of an OPC?” »
A company’s name needs to be changed by amending its articles of association as well as the Memorandum of Association. Specifically, Section 13 of the Companies Act 2013 provides that a company may, as per Section 13 of the Companies Act 2013, change its name if its general assembly approves a special resolution and the … Read More “A guide on how to change your company’s name” »
A work of originality is automatically protected by copyrights. “Original works of authorship” include paintings, illustrations, sculptures, photographs, books, articles, poems, songs, recordings, logos, website content, and software code. An author of a work owns the copyright automatically and is entitled to immediate protection. Exclusive rights are given to the owner of copyrights to reproduce, … Read More “Why Register Copyrights? The Benefits of Copyright Registration” »
There is no doubt that limited companies (or private limited companies) are some of the most common business structures. You can differentiate a business owned by this structure by adding the words “Limited” or “Ltd” to the end of the company name. Differentiation between LLC and Private Limited Company The advantages and disadvantages of a … Read More “Difference Between LLC and Private Limited Company” »
Companies Incorporation Rules, 2014 lays down the rules and procedure for registration of companies in India. The Company Incorporation Rules, 2014 require the Registrar of Companies to receive the following information and documents from every subscriber or shareholder of the company. Information and documentation are required of natural persons Natural persons need to provide these … Read More “Documents Required for Incorporating a Company – MCA Rules” »
It is recommended to set up a private limited company when beginning a business in India. LP is a company where shareholders have limited liability and certain ownership restrictions. The company has partners who own and manage the business. Generally, directors and shareholders are different in private limited companies. Become a company today to get … Read More “Online Company Registration In India” »
The Companies Act of 2013 or the Limited Liability Partnership Act of 2008 create companies and limited liability partnerships in India as “Artificial Judicial Persons” or “Separate Legal Entities”. It is only through following the Companies Act, 2013 and other pertinent acts that a company or limited liability partnership registration in India can be completed … Read More “Is your Company Incorporation Legal?” »
It is a good idea to: Ensure that all documentation is up to date for your organization When you have completed your company registration, you must write your mission, objective and vision statements, your policy statement, and your standard operating procedure statement. These documents will provide a framework for employees and management in managing, solving … Read More “what to do after registering a company in south africa” »
Throughout the United Kingdom, Canada and other Commonwealth countries, LTD or Ltd. stands for “limited company.” Different countries define this designation differently, but an LTD identifies a privately owned company in the United Kingdom. Limited companies in the United States enjoy certain liability and tax advantages similar to limited liability companies. A limited company designation … Read More “why do companies have ltd ??” »
