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Do you have a great business idea? Or you have a business established but now it is time to register it in India? It is the time you first understand the important legal jargons to know before incorporating a company in India. The 12 important legal jargons that will come handy while registering a business...

Given below are 6 things to  know before registering your startup: Ease of Setup: It normally a Private Limited 10-12 working days, LLP 8-10 working days and OPC 10 to 12 working days to setup. One Person Company Or Private Limited Company. The Government of India plans to reduce this to about a day by this April. Who is...

A One Person Company form of business is the latest addition to the Indian business ecosystem. This form of business was mainly introduced for the benefit of individual entrepreneurs who would otherwise choose sole proprietorship. The One Person Company is popularly known to be an upgrade of the sole proprietorship business with added benefits of Public Company...

Twitter and The Government of India are joining hands to release, ‘Twitter Seva’ an entrepreneurial support and grievance redressal system by April 2016.  Twitter Sewa entrepreneurial hotline will be manned be Minster of Commerce and Industry expert support staff. The platform would be a liaison between the entrepreneurs and various stakeholders like incubators, financial institutions,...

A Private Limited company is the most sort after business from among various foreign nationals and NRI entrepreneurs. It is an obvious choice for a business entity as it hails plenty of benefits which we will cover below. With the Modi wave driving the Indian economy, India has witnessed a copious amount of FDIs in the recent...

The Small factories Regulation Bill steps in the right direction to improve the ease of doing business in India. The act mergers labour law relating to Micro Small Medium Enterprises (MSME) into a single law. MSME sector holds a vital role in employment as it’s a labour-intensive sector. About a 45 percent of manufacturing output and...

Deen Dayal Upadhyaya Swaniyojana Yojana envisions healthy rural entrepreneurship ecosystem. Swaniyojana’s scheme wants to guarantee livelihood of young people creating rural self-employment opportunities. A Preview into The Deen Dayal Upadhyaya Swaniyojana Best in class vocational skill training and funding to rural youth. The scheme supports rural development through proactively funding, training and developing rural businessmen...

Below are the 8 benefits of registering a Limited Liability Partnership (LLP), this form of business provides entrepreneurs best of both Partnership and Company business forms. Thanks to Partnership Act of 2008, for introducing this to India. Limited Liability No single partner is responsible for the negligence or misconduct of another partner; this means that every...

The government of India has pushed, the Insolvency and Bankruptcy Code 2015. This bill aims to improve the ease of doing business and reduce obstructions in the Indian startup ecosystem. The proposed law will help potential entrepreneurs to start or exit from the startup business hassle free. This law combine with the 1 day Incorporation proposal of...

Department of Industrial Policy and Promotion’s (DIPP) mobile and web portal will go online by 1st of April. DIPP Business Registration Portal will be the 1-day business registration single window for startups. This portal will provide the single window for clearances, approval, and registration related compliances.  DIPP business registration allows companies to get registered and then be approved as eligible startups....

After the landmark ‘Startup India Plan’ got a good reception from entrepreneurs, more benefits are expected to come  to startups this budget season. So, we’ve compiled a list of startup takeaways 2016 budget must bring. Minister of Finance is expected to do away with certain outdated rules related to business taxation. These amendments will benefit...

The Companies Act, 2013 came with the groundbreaking amendment that legalized ‘One Person Company’. Earlier an entrepreneur who wanted to venture out alone had to go for the Sole Proprietorship.  This meant that entrepreneurs were prone to risks arising from unlimited liability. OPC was created with an aim to support young entrepreneurs who faced this problem....