aavanacorporatesolutionprivatelimitedblog

  In every dealing of financial aspects there are Do’s & Don’t that need to be diligently followed especially, if you want to avoid losses. These Do’s & Don’t are of utmost priority because it is based on the laws and rulings of the court that take place when it comes to the financial aspects of a nation. More precisely they hold a great effect on whether you choose to follow, either you make a profit out of it or incur losses that can be a little more than you were anticipating. Everything on this planet has its pros and cons, filing or not  filing of your income tax returns  is no different. The level of losses will only vary to case to case and the technicality differs from situation to situation. Interested to find out more then read on…. If filing of Income Tax return is not done before the due date: There will be heavy penalties levied for not filing income tax returns, it will be at the rate 1% per month from the  due date  of filing the return ti...

  The LLP form of partnership is often found in firms where liability is a big issue. Such kinds of firms include medical practices, law offices and accounting firms. In this type of partnership, the individual partner is not responsible for the malpractices of the other partner. ID proof (PAN card) Address proof (utility bills, election ID, Aadhaar card, driving license) Passport size photo To get your office registered (NOC from the owner/utility bills/rental agreement/registry proof/ house tax receipt https://aavana.in/blog/documents-required-to-register-your-llp-firm/

THE APPOINTMENT OF A DIRECTOR IN A PRIVATE LIMITED COMPANY The functioning of a private limited company is mainly vested upon a  director . The director holds key responsibilities of maintaining and running the business. Obtaining the consent of the proposed director The consent of the proposed director is taken to act as the Director of a company. The company must obtain Form DIR 2 before proposing the director of the company  Obtaining  Digital Signature  of the Proposed Director A Digital Signature has to be obtained by the director from the Certifying Authority of India Obtaining Director Identification Number The company should apply for a  DIN  if in case the director does not have a DIN. The resolution is to be attached with FORM DIR 3 which is a new requirement for obtaining DIN. DIN is allotted to a director only once in his lifetime. The company should obtain all educational and KYC documents. It is to be noted that there is no minimum requirement...

Benefits of Registering a Private Limited Company in  India Benefits of Registering a Private Limited Company  The number of members/directors required is two  Separate legal entity  Limited Liability  Free and easy transferability of shares  Brand value  Continuity of existence  Scope of expansion  Foreign Direct Investment (FDI)  Funds can be obtained easily  The company is limited by shares  Capacity to sue and be sued

  Reconstruction Of Accounting Records In India Reconstruction of your business accounts by a  Professional Accountant  for several months or years may be required. Keeping track of the  Businesses Accounts  is a very crucial task that needs to be maintained by the Business Owners. This will give them clarity about the growth of their business. Choose Aavana and we’ll take care of your financial statement analysis and give you honest feedback regarding the growth and accounting of your business. Our experts will fetch the financial statement of a company and help in reconstructing the account record. Count on us to carefully analyze the balance sheet of the company and maintain the records. We not only help you reconstruct your accounting records but also, help you with your  Company Registration  needs. Contact Us Get in touch  with us today! We also offer FREE consultations!

  Company directors  are people who take up the responsibility of managing the company. They are responsible to promote the success of the business and also benefit the shareholders. Director  -There is no such specific definition of a director in statute, but in general the term “director” defines as any person who is not a minor or a person who together with the other members forms a board of directors and are responsible for forming and managing the company. A  director  needs to be rationally diligent with the right kind of skill, knowledge and experience to be able to carry out important roles in the company. The law permits a  public limited company  to have at least 3 directors, a minimum of 2 directors in the case of a  private limited company  and a  one-person company  can have a minimum of 1 director. What are the types of Directors? There are many types of  directors . Here, we will discuss the different types of di...

Private Limited Company Registration At Affordable Rates Aavana Corporate Solutions will also help in online private company registration. We specialize in company registration with a wide range of business entities like Private limited,   One-Person Company (OPC) ,   Limited Liability Partnership (LLP) ,   and   Public Limited Company.   What’s impressive is that we offer all these services are provided at cheaper rates without compromising on the quality. Contact Us Trust our dedicated professionals to get your  Pvt ltd registration  done on time.  Get in touch  with us today and get a  FREE  consultation! Count on us to handle all your  Accounting  and  Taxation  services as well

  The incorporation documents need to be self-attested in case of an Indian Director. The procedure for foreign nationals is mentioned below  If the documents are signed outside India, they need to be notarized by a public notary of the residence country.  If the documents are signed in India, a copy of visa and a stamped copy of the passport proving the applicants presence in India at the signing is required.  The incorporation documents need to be signed by the respective foreign entity in case the subscriber is a foreign entity. An authorized letter stating the name of the authorized person and the number of shares should be notarized.  On the approval of the incorporation application, the registrar issues a certificate with a Corporate Identification Number Why Choose Aavana? Are you running short of time to achieve your business requirements? Aavana is your one-stop-solution. With the perfect mix of experience and skill, we’re confident enough to render the...

Company Registration Services 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. Obtaining DSC (Digital Signature Certificate)   Obtaining DIN (Director Identification Number)   Name Application Process It is a mandatory procedure to select a unique name for the proposed company. The name selected should be in accordance with the object of the company and must not be similar to that of an already existing company.   Here is the list of documents that need to be executed Articles of Association Memorandum of Association D...

  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 ...

  Private Limited Company (Pvt Ltd) Registration in India What Do You Get After Incorporation                 Basic Requirements For Private Limited Company Registration  A minimum of two  shareholders  and two  directors  Shareholders and directors can be the same person  Foreign nationals and NRIs can also be directors as well  All directors must have  DSC  (Digital Signature Certificate)  Maximum 3 directors are allowed in the form at the initial time of Incorporation Note*:  Once you receive the Incorporation, You can choose to have an addition and removal of directors at any point in time.  Minimum Paid-up and Authorized capital Paid-up capital:  The actual amount of shares that are issued by the company to its shareholders. The capacity to issue more shares depends on the authorized capital of the company. Authorized capital:  This is the maximum amount of shares the ...