If your business has partners, your company type should be a partnership firm. To have a partnership firm, the main requirement would be to have a partnership deed which is an agreement between all the partners. This agreement will include all the duties and obligations between the partners and...
- Businesses with an annual aggregate of over Rs.20 lakhs is required to register for GST. - Eleven individual states require you to register if you have half the turnover, which is Rs.10 lakh. These particular states are Assam, Arunachal Pradesh, J&K, Meghalaya, Manipur, Nagaland, Mizor...
Obtain a Business Identification Number (NIB) by applying through the Online Single Submission (OSS) system. The NIB functions as the company’s import identification number, customs ID, and registration certificate. Further, the NIB will also automatically register your company under the government’...
In India, the 10-character alphanumeric PAN, which stands for permanent account number, is imperative for locals as well as foreign nationals and investors doing business in the country. In this article, we highlight the main procedures on how to get a PAN, which transactions mandate hav...
How India and the United States Are Building a 21st-Century PartnershipJohn KerryPenny Pritzker
In this article we will be discussing how to register a retail jewellery business name in India, how to obtain business license, setting up a separate bank account, and more. Before getting into registration and license part, we suggest you to choose the right name according to your line of...
4. Limited Liability Partnership:LLP is also a new licensing system allowed by the Indian government. It allows two or more partners to register a business with limited liability protection. 5. Private Limited Company:Private Limited Company is best suited for most small, medium, and large busine...
Want to open a fair price shop in India? Are you willing to register online for these cooperative stores? Here is the solution of your question. Read this article and know the eligibility as well as process to apply online to open cooperative fair price shops across ...
This FTA is part of the UK government Roadmap 2030 with India, launched in 2021. As part of the plan, India and the UK will jointly launch an enhanced trade partnership (ETP) while negotiating a comprehensive free trade agreement. Initially suggested by UK prime minister ...
What is a general partnership (GP)? A general partnership is a business entity in which two or more partners agree to share in a company’s profits, losses, and assets. By default, partners share these things equally—unless their partnership agreement stipulates otherwise. Click here to star...