The Registrar of Companies/ROC is a government body that works under the department of the Ministry of Corporate Affairs but falls under the Central Government of India. It deals with the administration and registration of companies and Limited Liability Partnerships in India, as it has the power to approve the applications related to company registrations […]
A Private Limited Company is a common type of legal entity or company that is owned and operated by a minimum of 2 directors and 2 shareholders and one of its directors should be an Indian citizen. It is a separate entity that is privately held and is not allowed to freely transfer its shares […]
Many businesses are adopting the model of a Sole Proprietorship Firm for it has numerous benefits and perks when it comes to profitability and exceptions. Some of the notable benefits reaped by businesses that are running in this model are outlined below: Some simple steps involved in establishing a Sole Proprietorship Business in India are […]