There comes a time when the sole proprietor would want to share the burden, risk, and reward of the venture with a business associate. One of the nicest things that can happen to a sole proprietorship is its conversion into a partnership, and it is, however, an action that has to be artfully planned and … Read more
If you are planning to register a company in Abu Dhabi and start a business in Abu Dhabi Airport Free Zone (ADAFZ) in the United Arab Emirates (UAE) then this free zone area will be good for your business. Let’s find out what kind of business activities are actually allowed in Abu Dhabi? Activities … Read more
The Hindu Undivided Family (HUF) is a well-established mechanism for tax planning in India. In this article, we will explore the complexities of HUFs, including their formation, essential components, taxation aspects, and the substantial tax-saving advantages they provide. Understanding the HUF: Karta, Coparceners, and Members Karta At the heart of every Hindu Undivided Family (HUF) … Read more
If you are going to start a business, choosing the appropriate company structure is crucial for your business success. It enables efficient operations and helps meet business objectives. In India, company registration is mandatory for legal compliance. Let’s learn all about Company Registration steps in India so that you can also run your business successfully … Read more
The Company Law Committee (CLC), a group of experts appointed by the Ministry of Corporate Affairs (MCA), is considering making new rules for larger unlisted companies. The CLC will also define what makes a company “large” based on its size and revenue. CLC to Consider Quarterly Financial Reporting for Larger Unlisted Companies The Company Law … Read more
When you start your entrepreneurial journey, one crucial decision that often comes up is whether or not to incorporate your business. So, it is compulsory for you to understand that turning your business into a legal entity not only provides security but also sets the stage for growth and success. Let’s learn all about the … Read more
There are many different types of lenders available for small businesses, each with its own set of requirements. When you’re applying for a business loan, it’s important to understand what documents you’ll need to provide. The specific documents required may vary depending on the lender, so it’s important to check with them in advance. However, … Read more
As per the sources, plans are underway to implement a centralization of decision-making for all regulatory forms filed by companies. Thus, the responsibility for these decisions, currently held by Registrars of Companies (RoCs), will be transferred to a centralized facility by December. Presently, only decisions regarding applications for voluntary company strike off are centralized, facilitating … Read more
Running an Ola cab business can be beneficial due to its popularity, ease of use, and flexible working hours. However, starting a business on Ola cabs can be difficult due to the registration process and strict regulations imposed by Ola. It requires careful planning, investment, and effort to establish a profitable and sustainable business on … Read more
With the development of technology in the twenty-first century, IP rights are continually changing. They are not limited to a particular realm; rather, they are continuously expanding their sphere of influence. IP rights are currently developing and operating on par with the fashion sector. With a 500 billion dollar global market capitalization, the fashion business … Read more