1) Minimum partners are required in an LLP, out of which at least one partners must be a resident Indian. Indian Resident means any person who has stayed in India for more than 182 days in the previous calendar year. 2) Foreign Investment should be allowed in that Industry 3) After the LLP is set up and bank […]

1) Minimum two shareholders are required to incorporate a Private Limited Company in India. The shareholders can either be an Foreign individual or a foreign company. 2) Minimum of two directors are required out of whom one should be a resident in India. Please note that the requirement is resident of India (Not Indian National), which means […]

Before starting a new business, an entrepreneur needs to have the knowledge on various aspects of business. One such segment is the law of the land. Multiple laws can be applicable for a business such as company’s law, shops and commercial establishment, professional tax, provident fund, Goods and Service tax (GST), customs Act etc. Not […]

Building a new business can be a fun and exciting time in your life. Before that, you should know about the main factors that should be considered while starting a new business which might help you in eliminating some risks and obstacles that you may face during the journey: Great innovative idea Two things can […]

Starting a new business to be an innovation and rich in enthusiasm but are failed when it comes to arranging of capital. Also, we believe that if companies fund runout, the company goes bankrupt and its game over. But that’s untrue at all; the fact is that start-ups don’t truly go bankrupt until their Founders […]

Selection of a business entity is among the primary lawful choice taken by an Entrepreneur while starting a new business. With the presentation of the Limited Liability Partnership Act and the Companies Act, 2013, more decisions of business entities are currently accessible. In this way, it is vital for the Entrepreneur or Promoter to comprehend […]

India has a large number of start-ups mushrooming enormously day by day and has the third largest number of start-up in the world. This will impact the socio-economics of the start up eco system thereby creating larger numbers of opportunities for new start-ups. Unfortunately, India has the second highest number of unregistered businesses. But registering […]