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A single member can form an LLP? If you wish to form a Limited Liability Partnership, you must do so under the Limited Liability Partnership Act of 2008. According to the act, there should be a minimum of two partners in an LLP. In an LLP, anyone can become a partner. In addition, there should … Read More “How Can a Solo Founder Register an LLP?” »
It is the designated partner’s responsibility to carry out all acts, matters, and things a limited liability partnership must do in order to comply with its provisions. Under the limited liability partnership agreement, a designated person must file any document, return, statement, or other report required by the LLP Act. A limited liability partnership can … Read More “Can Partners Of An LLP Become Authorized GST Signatories?” »
In order to obtain a shops and establishments license, all business entities must register their shops and establishments within 30 days of starting operations. This includes both businesses and commercial establishments, as well as work-at-home opportunities. Once you have registered your shop or establishment, you will receive a certificate. The purpose of this is to … Read More “Difference between a trade license and a shop and establishment” »
If you can’t distinguish Maggi from Xerox in terms of Intellectual Property or Apple as a brand by the way its apps appear on an iOS device, you’re one of the many consumers and businesspeople who don’t understand the difference between copyright, patents, and trademarks. I will discuss in this article the differences between trademarks, … Read More “Trademarks, Copyrights, And Patents: What’s The Difference?” »
OPC Compliance Requirements It is a company incorporated by one person. This type of company can be formed with only one director and one member, as per Section 2(62) of the Company’s Act of 2013. The OPC structure was introduced to allow a sole entrepreneur to start and manage a limited liability entity. That is … Read More “Compliance Requirements of the OPC” »
Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services. Many indirect taxes have been replaced by it, including VAT, service tax, CST, and excise duty. The government introduced the CGST Act on 1st July 2017 to establish GST as a comprehensive indirect tax. Individuals and businesses must … Read More “Two GST registrations can be made with one PAN card?” »
Are you planning to export food products from India to the USA? That’s great! I’m excited for you. With the economy of the US being one of the biggest in the world, it is not surprising that Indians all over the country profit by exporting food to the US. According to India’s foreign trade policy … Read More “How Can I Export Food Products to the USA From India?” »
Due to the ongoing COVID-19 pandemic, the GSTR-1 filing deadline has been pushed back. The new deadlines are listed below. India’s taxation system and economy have undergone a major change since the introduction of GST (Goods and Services Tax). Taxation has been simplified and more straightforward due to the GST, which combines numerous indirect taxes … Read More “GSTR-1 Filing Deadlines” »
