Understanding the Significance of LLPs A Limited Liability Partnership (LLP) is a versatile business structure that blends the best aspects of partnerships and limited liability companies. This structure has gained popularity globally due to its ability to provide partners with limited liability protection, safeguarding their personal assets from the company's financial...
In the case of a company operating pursuant to Section 8 of the Act, the board of the company may decide to conduct CSR activities authorized for the company by the CSR committee of the company or a registered trust or company founded by the company, either individually or in...
"Section 8 of the Companies Act, 2013", which encompasses non-profit organizations focused on arts, science, religion, research, education, and more, offers a range of advantages that set them apart from other companies. These organizations, commonly known as non-profit organizations (NPOs), operate with the primary objective of serving the public and...
Selecting the appropriate business structure is a critical decision when starting a company. The choice of structure can impact various aspects, including tax obligations and personal liability for business debts. In India, there are several types of business structures available, each with its own advantages and disadvantages. This article aims...
Introduction At Start-Up Kro, we aim to provide comprehensive information to start-ups on various aspects of business management. In this article, we will delve into the concept of Annual Compliance for LLP (Limited Liability Partnership) and shed light on the advantages, disadvantages, and various compliance requirements associated with LLPs. By understanding...
In the era of E-commerce, where everyone is selling Online. It becomes crucial to make note of Legal Metrology to be used on E-commerce Websites. In the absence of the same, the companies can attract penalties. We have listed out many important regulations, though in case you want to get...
The appointment of a director must adhere to the qualifications outlined in the Companies Act, 2013. It is not only a matter of significant supervision but also a regulated procedure that every company must follow. According to the Act, only an individual person can be appointed as a director; firms,...
What is GST Return Filing? GST return filing is a crucial requirement for businesses registered under the Goods and Services Tax (GST) system. It involves submitting the necessary details of sales, purchases, and tax collections and payments on a monthly, quarterly, or annual basis, depending on the business. The implementation...
Introduction: Partnership firms have been a popular form of business organization for many years. However, as the business landscape evolves, many partnership firms are considering transitioning into a Limited Liability Partnership (LLP) structure. An LLP offers the advantages of limited liability protection along with the flexibility of a partnership. In...
Starting a new business can be an exciting and challenging journey, especially when it comes to marketing and social media. In today's digital age, effective marketing and social media strategies are critical for startups looking to reach new customers, build brand awareness, and grow their businesses. In this comprehensive guide,...
