Every business setup must deal with a challenge to identify the most beneficial business entity registration type. There are several options but two of the most common considerations are Partnership Firm and Private limited company. To analyze the key...
Proprietorship is one of the most popular and widely used business setups in India. With a smaller number of suits in India for various personal damages, sole proprietorship becomes an obvious choice for all professionals like chartered accountants, lawyers,...
Income Tax Compliance and Bookkeeping is one of the biggest headaches for a company. Whether a new company or an established one, the income tax compliance and bookkeeping/accounting based on the latest tweaks every year can be a challenge. Hiring people,...
Limited Liability Partnership is a form of business association. The benefit of LLPs is that it poses dual benefits of a partnership as well as of a corporate company. Registrar of companies with the Ministry of Corporate Affairs regulates or set a framework...
Proprietorship is the simplest form of setting up a business, with minimum registration or formality requirement. Proprietorship is often termed as One Person Company since it is a one-man/woman show and has no partners or investors. Some of the key features...
Startups are the mainstream in today’s business. They present a disruption in the market and are loved by most investors. Most of the startups turn into a fortune in the long run and hence, investing in startups is one of the most lucrative options for...
In India, the two most popular and common form of performing business is through a partnership or a proprietorship firm. The Proprietorship Compliance in India is the simplest form of performing business with minimum paperwork and is perfect for businesses...
The partnership firm is a very reasonable alternative to sole proprietorship that allows better access to funds, resources, and manpower efficiently. The partnership is governed by a partnership deed agreement that has to be amended or updated with every...
Bookkeeping and Accounting is some of the trickiest aspects of any business. With reporting and compliance being dynamic in nature, there has to be more than one tweaks in the bookkeeping and accounting practices. The biggest benefit of availing Bookkeeping...
There are two forms of taxes broadly, direct and indirect taxes. The income tax forms a major portion of the direct tax portion. Income tax as the name suggests is a portion of tax based on the income of the company/individual or any business entity or...