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  How To Register LLP? An  LLP  is a type of business entity where all the partners have limited liabilities. Each partner is only responsible for themselves and not liable for other partners’ negligence. A  Limited Liability Partnership  is most preferred by corporations. 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 For LLP Registration Minimum of 2 partners Registered office in India At least one designated partner as an Indian resident in case of involvement of foreign nationals DPIN for all partners DSC for all Partners PROCESS TO BE FOLLOWED FOR LIMITED LIABILITY PARTNERSHIP REGISTRATION One needs to follow these steps to start an LLP in India. Appoint partners and designated partners Obtaining Digital Signature Certificate (DSC) Name Application process...

  How often have you noticed a 14 digit registration number along with the abbreviation as ‘FSSAI’ marked on the food products that you have bought from a supermarket or any Kirana store located near your house? You must be wondering what is this ‘FSSAI’ and ‘ FSSAI license ’ number is all about? Haven’t’ You! FSSAI stands for ‘Food Safety and Standard Authority of India’. It is an autonomous body established under the Ministry of Health & Family Welfare, Government of India. The act came into effect in the year 2006 which is a consolidating statute with regard to food safety and regulation in India. The department is largely responsible for protecting and promoting public health through the regulation and supervision of food safety and standard. It has to make sure all food related business must adhere to the guidelines and regulations under the FSSAI Act, 2006. FSSAI license is basically a 14 digit registration number which is used by the food-related business and printed on ...

  8 golden rules applicable for a Public Limited Company Registration Many of us must have come across the term  Public Limited Company  through media, journals, newspapers, or from other sources in our day-to-day life. This is not a new concept or terminology to give a detailed intro since we are all aware of this term. A Public Ltd company almost has a legal designation of a limited liability company. This means that the Public limited company offers limited liability to the management and the owners. It raises an IPO (Initial Public Offering) and issues shares to the public. The shares of the Public limited company are traded in the stock market and can be possessed by anyone. Such offers are very much important from the company point of view since it helps in raising capital. Public limited company and its distinctive features: According to the Companies Act, 2013 A Public limited company has a separate legal entity. Such a business entity has a wide legal capacity to...

  Introduction: Section 12 & 13 of the companies act 2013 and incorporation rules 2014 states the law regarding having a registered office and shifting of the registered office of the company. The following are the provisions relating to shifting of registered office from one state to another; RO is an official office address of the company, where all the official letters will be sent by regulatory authorities or non-regulatory bodies. Shifting of RO from one state to another requires approval from the shareholders, Regional director, and much intimation.   Steps to follow to shift you RO from one state to another: Hold board meeting As per the provisions of SS-1 and companies act 2013, covey the board meeting For shifting of RO consider the proposal Alter the MOA of company Approve the notice of conducting the extraordinary general meeting Move the application to regional director Covey extraordinary general meeting Pass a special resolution at an extraordinary general me...

  Basics of Financial Service Industry The financial services industry plays an important role in the world’s economy. The industry as a whole is vast, encompasses many types of businesses, and includes companies engaged in activities such as investing, lending, securities trading, asset management, accounting, and advising. The financial services industry offers a wide range of career opportunities because of its diverse landscape. What is the Financial Service Industry? The financial services industry provides financial services to the people and also the companies. This sector is made up of different financial organizations such as banks, investment companies, finance companies, money lenders, and insurance companies. The financial service industry is the most important part of the Indian economy and leads the world in terms of earnings. Features of the Financial Service Industry It maintains the public’s confidence It helps in the development of the financial sector It facilita...

  A  foreign subsidiary company  is a partially or wholly-owned company which is a part of a larger corporation. The larger corporation must be headquartered in another country. The foreign subsidiary company works according to the laws of the country in which they are located. Bookkeeping of all the financial records of the foreign subsidiary company will be tracked by the parent company. It is mandatory for these foreign subsidiary companies to obey the laws of the country they are operating in. The procedure followed to register a foreign subsidiary company Obtain DSC The very first step involved in the incorporation of a foreign subsidiary company is applying for a DSC. Digital Signature Certificate   or  DSC  is nothing but a mathematical process used to verify the authenticity of digital message, certificates and documents. It is a USB drive that has the encrypted signature of a person so that the originality of the signature can be verified. Obtain D...

  WHAT IS A BRAND VALUE OF A COMPANY? Brand Value of a company Brand –  A brand defines the personality of a business. It is how a company, organization, or individual uses it in terms of name, term, design, symbol, words, or combination of these to create an image that builds a recognizable feeling about a product or service, or business among customers. Brands are usually protected from use by others by securing a  trademark  or service mark. Branding has evolved as a corporate strategy in recent times. All business organizations in all sectors follow the strategy of building their identity through corporate brands rather than product-related brands. Branding is definitely a marketing strategy. Over the years, we see new concepts of brand value, brand power, and brand equity being introduced. The financial worth of a brand is called brand value. The brand value is determined by estimating how much the brand is worth in the market. Aspects of Brand Value The brand c...