Introduction: A one-person company (OPC) is a type of business entity where a single individual can operate a company as a separate legal entity. It is a hybrid between a sole proprietorship and a private limited company that provides the benefits of limited liability while allowing the entrepreneur to retain complete control of the business. …
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India is a hub for startups, with a growing number of entrepreneurs starting their own businesses in various industries. When starting a business in India, it is important to consider the right business structure to adopt. The right business structure will help you to achieve your goals, protect your interests, and comply with legal requirements. …
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Starting a new business is an exciting venture, but it can also be financially daunting. Startups require a considerable amount of capital to get off the ground and operate until they start generating profits. However, not all entrepreneurs have enough money saved up to start a business. Fortunately, there are several sources of funding for …
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Foreign Direct Investment (FDI) is an important source of capital for startups in India. The government has introduced various regulations to facilitate FDI in the startup sector. In this article, we discuss the regulations and reporting requirements for FDI in startup companies in India via an issue of Convertible notes. What is Convertible Note Convertible …
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Foreign Direct Investment (FDI) is allowed in Limited Liability Partnerships (LLPs) in India, subject to certain conditions. LLPs are a relatively new form of business structure in India that were introduced in 2008. This type of business structure is a hybrid of a partnership and a private limited company, which allows for flexibility in management …
Bookkeeping and accounting services are critical tasks that help businesses to maintain accurate financial records, track their performance, and make informed decisions. Bookkeeping and accounting records should be maintained on a regular basis, typically at least once a month, to ensure accuracy and completeness. It is important to maintain records in a timely manner to …
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Due diligence is the process of thoroughly investigating and evaluating a potential investment or product. It is commonly used in business, finance, and law to assess the potential risks and benefits of a proposed transaction or investment. This process involves gathering and analyzing information about the target company, including financial statements, legal documents, and other …
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Chartered Accountants (CAs) are not only experts in accounting, taxes and financial regulations, they are also well-versed in various legal compliance requirements that businesses must adhere to. There are several reasons why a startup should consider hiring a Chartered Accountant (CA) for their legal compliances: Hiring a chartered accountant can provide a startup with the …
iStart Rajasthan is an initiative by the Government of Rajasthan to promote entrepreneurship and start-ups in the state. The main goal of the initiative is to create a vibrant start-up ecosystem by providing support to entrepreneurs, both at the ideation and execution stage. The initiative focuses on supporting start-ups in sectors such as technology, agriculture, …
What is a Partnership Firm A partnership firm is a type of business organization in India where two or more individuals come together to carry on a business with a view to profit. All the partners are jointly and severally liable for the debts and liabilities of the firm. This means that each partner is …
