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 Looking for how to set up LLP in India your search stops now! Limited liability partnership  or LLP is a combination of both  partnership  and corporation. It has the feature of both these forms. As the name suggests partners have limited liability in the company which means that the personal assets of the partners are not used for paying off the debts of the company. Many entrepreneurs are opting for this business structure. Everyone is liable for their own acts. There are several partners in the firm and hence they are not liable or responsible for others' misconduct. All limited liability partnership is governed under the limited liability partnership act of 2008. However, in India LLP was introduced in April 2009. An LLP is a separate legal entity distinct from its owners. It can enter into a contract and acquire property in its name. LLP form is not just prevailing in India. It is also seen in countries like the United Kingdom, Australia, etc. MINIMUM CRITERIA ...

  Company Registration A company  is a legal entity that is formed by a group of people who engage themselves in the operation of a business. The line of business that the company chooses will determine the type of entity that the business will choose. Company registration  is the registration of the organization under the jurisdiction they operate. Depending on the nature of your business, your company can be owned by a single person or a group of people. If you’re running a business which does not have an identity, there is a high chance of you as an owner, losing the unique name of your business to a person who has already got his company registered. You won’t be able to legally sue the person for this act. Company Registration will avoid such situations and also serves as an authentic proof for your business. Are you all set to start your next business venture?   Company Registration  can be a stressful task. However, registering your company legally will av...

  Bookkeeping Services In India Running a business and simultaneously keeping up with bookkeeping can be stressful. Most of the business owners seek help for bookkeeping. At Aavana, our expert will ensure that your  Bookkeeping Services  are done promptly. We strive to build a lasting relationship with you and your company. Looking For Bookkeeping Services ? It is always important to appoint a professional bookkeeper to track your payables and receivables and keep all the Financial Transactions of your business properly documented. We also handle small business bookkeeping services. For further clarifications regarding bookkeeping and  Accounting Services,  get in touch with our experts Reliable Bookkeeping Services Bookkeeping necessitates the fundamental responsibilities which small to Medium Businesses need to execute while working closely with an accountant ensuring the accuracy of accounts. Bookkeeping is basically the management of day to financial activit...

  Everything you need to know about SPICe+ To ease business, the Ministry of Corporate Affairs has deployed a web form called SPICe + company incorporation by replacing the existing form SPICE INC 32. The new web form SPICe+ has 10 services by the central government namely MCA, Ministry of labor, revenue in the ministry of finance, and one comes under state government (Maharashtra).   What is SPICE 32? S implified  P roforma for  I ncorporation of a  C ompany  E lectronically. SPICE is an application form used for registering a company with the Ministry of Corporate Affairs. Services provided by SPICE INC 32; Registering the Company PAN services TAN services The complexity of SPICE INC 32 Only one name can be proposed during the incorporation If the subscribers are more than 7, then the normal procedure of incorporating has to be followed Bit costlier (all subscribers and witnesses are needed)   What is SPICE+? An integrated web form was replaced with ...

  The Registrar of Companies (ROC)   is an office under the Indian Ministry of Corporate Affairs. It mainly deals with the administration of the Companies Act, 2013. The Registrar of Company takes care of the  company registration  process (also known as incorporation) in India. This includes the complete reporting and regulation of companies and their directors and shareholders and also oversees government reporting of various matters including the annual filing of various documents. Foreign company- A  foreign company   is any company that is incorporated outside of India and has a place of business that is operating in India, whether by itself or through agents, physically or through an electronic mode. Basic Requirements For Registering A Foreign Subsidiary Company In India  Minimum two directors and two Shareholders.  At Least one director has to be an Indian resident.  One person has to be nominated by the  Holding company  wh...

A, B, C of Company Registration Process In India The Registrar of Companies (ROC)  is an office under the Indian Ministry of Corporate Affairs. It mainly deals with the administration of the Companies Act, 2013. The Registrar of Company takes care of the  company registration  process (also known as incorporation) in India. This includes the complete reporting and regulation of companies and their directors and shareholders and also oversees government reporting of various matters including the annual filing of various documents. Foreign company- A  foreign company   is any company that is incorporated outside of India and has a place of business that is operating in India, whether by itself or through agents, physically or through an electronic mode. Basic Requirements For Registering A Foreign Subsidiary Company In India  Minimum two directors and two Shareholders.  At Least one director has to be an Indian resident.  One person has to be nomina...