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Where to Set Up a New Business in India?

October 31, 2020 2622 Views 0 comment Print

Any Business should base in a city where they have the best relationships with the business environment. This includes relationships with talent, suppliers, buyers, and investors. Let us understand briefly about some states in India for starting a new venture: – # Capital State of India i.e. New Delhi: – New Delhi is the capital […]

What are the Documents/Information needed to Form an Indian Company?

October 22, 2020 4170 Views 0 comment Print

Article explains Documents/Information needed to Form an Indian Company under Companies Act, 2013 and same includes Documents required from client’s end, Document required In case of Body Corporate/Company acting as Subscriber cum shareholders in Indian Company and Documents that require to be drafted and filed as per Laws in India towards Company Registration. Documents required […]

Can A Foreign National Start A Business In India Without Being A Resident?

October 19, 2020 15624 Views 2 comments Print

A Foreign National can start a business in India without being a Resident and one can setup up a new business in India in any of the following ways: A. Limited Company (Private Limited/Public Limited Company) B. Limited Liability Partnership (LLP) C. Branch Office or Liaison/Representative Office, Project Office A. LIMITED COMPANY A non-resident Indians […]

Companies (Amendment) Act, 2020- Overview of provisions

October 13, 2020 4188 Views 0 comment Print

The Companies (Amendment) Bill, 2020 Assented by President as Companies (Amendment) Act, 2020, provides the following, namely: — ♦ To incorporate a new Chapter XXIA in the Act related to Producer Companies. ♦ To decriminalize certain offences under the Act. ♦ To make provisions for allowing payment of adequate remuneration to non-executive directors in case […]

Overseas Direct Investment Without Remittance of Funds From India

September 18, 2020 7887 Views 0 comment Print

An investment outside India can be done by an Indian party or an individual or (single or in association with another resident individual or with an ‘Indian Party’). All resident individuals, including minors, are allowed to freely remit up to USD 250,000 per financial year. An Indian Party can make overseas direct investment in any […]

Equity Shares Vs. Preference Shares under Companies Act 2013

August 21, 2020 43923 Views 3 comments Print

Every company has its own capital structure like: – – Share capital – Debt funds – Reserves and Surplus Shares can be of two different types: Equity Shares:- Equity Shares are the main source of raising the funds for the firm. All equity shareholders are collectively owners of the company and they have the authority […]

Valuations and Taxation aspects for Start-Up

August 18, 2020 11352 Views 0 comment Print

VALUATION OF SHARES FOR COMPANY REGISTERED UNDER STARTUP INDIA WITH MINISTRY OF COMMERCE & INDUSTRY: – Valuation of equity shares is generally required for regulatory or financial reporting purposes for a business. In valuation of shares, the underlying asset is the business and per share value is calculated to arrive at the final valuation. Methods […]

Startup And Sweat Equity Shares

August 14, 2020 8115 Views 0 comment Print

Startup: Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities. Who can be registered as Startup? Private Limited Company Registered Partnership Firm limited liability partnership (LLP) Note: […]

ESOP Vs Sweat Equity Shares

August 12, 2020 14382 Views 0 comment Print

An employee is the key of the success of every organization and every employee deserves to be compensated for the efforts made by them to make the organization successful in the competitive market and the issue of Sweat Equity shares and ESOP is the best way to compensate them also in order to motivate the […]

Comparison between Liaison Office, Project Office & Branch Office

July 31, 2020 6312 Views 0 comment Print

Liaison Office Companies incorporated outside India can open ‘Liaison Office’ (also known as representative office) in India. Liaison office is a place of business to act as a channel of communication between the principal place of business or Head Office.  The Liaison office can undertake only liaison activities, it is not allowed to undertake any […]

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