Setup Sole Proprietorship Registration is a simple form of business entity with minimum regulatory compliance. It is owned by the single owner whose liability will be unlimited. Under this, the owner is called as Sole Proprietor. To start with a sole proprietorship, one has to acquire license according to the business type such as registration […]
It is an exclusive right provided to the patentee by the government regarding his invention from making, using, selling, and importing the patented product without the patentee’s permission. In this article we will discuss the Patent application. By getting your invention patented, you protect your intellectual property for 20 years so that your invention cannot be copied, […]
Micro Small Medium Enterprises Development (MSMED) Act, 2006, has been put into place to provide for encouraging and ease the development and improvement of the competitiveness of Micro, Small and Medium Enterprises. According to Section 7 of the Act, there are primarily two sectors – Manufacturing Sector and Service Sector, further which the classification of […]
For ambitious business owners, domestic markets are never limits. It is considered important to expand the limits of the business. But expanding globally is not without a precise strategy to deal with all the obstacles on way. These obstacles may be financial but also take the form of legal regulations. Thus one must be thoroughly […]
India is currently the 3rd largest startup superpower in the world and with projections of high paced growth for them; there is only one way ahead – UP. in this article we will discuss the impact of GST on start-ups. There is no denial that the introduction of Goods and Service Tax was not in […]
Goods and Services Tax is an integrated, destination-based indirect tax on consumption of goods and services, levied at every stage, on the value-added, right from manufacture up to the final consumption, the burden of which will be on the final consumer. A dual GST system has been introduced in India from 1 July 2017. This […]
If any institution which looks like a bank, acts as a bank and behaves like a bank then it is not necessary that is a bank it can be Shadow Bank. What is Shadow Bank? The concept of Shadow Bank was prevalent in UK, Europe, and China. Shadow Bank can be defined as an entity […]
Mergers and Amalgamation is a restructuring tool aiming to expand and diversify businesses for various reasons such as to gain competitive advantage, reduce costs or availing of tax benefits. The merger is a combination of two or more entities into one, it is not just the accumulation of assets and liabilities of the distinct entities, […]
Limited Liability Partnership Compliances is a form of business entity under which there is the limited liability of the members. The liability of each partner is limited to the extent of their contribution. In case of illegal or unauthorized action taken by any partner, it provides protection to its members. Limited Liability Partnership is a hybrid […]
Emergent technology in the field of Information technology (IT) & analytical service providers, which are facing the challenge of selecting the best solution for solving a client’s difficulties within the client’s constraints & necessities. In the past, choosing software tools was easy for an experienced system designer, because options were limited. Today, however, one can […]
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