Foreign Directors in Indian Company

Any public limited or private company needs to have a board of directors constituted for the purpose of managing the day-to-day affairs of the Company. The reason for the existence of the board of directors is that there needs to be a body that is above the management and which can be accountable to the regulators and shareholders for the decisions taken by the management of the company. Continue reading “Foreign Directors in Indian Company”

How to start a US company from India

The United States is still one of the biggest markets as well as an investor’s heaven, for any business. A product becomes more appealing to the people when it has a US branding on it. Great companies can be built anywhere, selling apps and products to customers living anywhere. Incorporating enhances your credibility as a company. Building base in the US is a mammoth task. This article will give you the basics of starting a US company from India. Continue reading “How to start a US company from India”

Acceptable Names for a Private Limited Company

One of the most important steps in setting up a company is choosing an appropriate name for it. The naming should be in accordance with the Companies Act, 2013 or Limited Liability Partnership Act, 2008. There are certain naming guidelines for choosing an acceptable name for a Company or LLP.

There are three parts to a name for a company. These are the Name part, the Object part, and the Constitution part. For example, if the name is XYZ Solution Private Limited, then “XYZ” forms the Name, “Solution” is the Object and “Private Limited” will be the Constitution part. Let us look at each of the parts individually. Continue reading “Acceptable Names for a Private Limited Company”

How to Register a Company

Procedure for Forming a Company in India | Procedure for Forming a Private Limited Company in India | Procedure for Incorporating Company in India | How to Incorporate in India | How to start a company in India | Type of Companies in India | Company Registration India | Business Entities in India | Company Registrations India | Online Company Registration India | How Do I Start a Business in India

The private limited company is the most successful business type in India. Private Limited Companies are an ideal way of starting and structuring startups with a higher scope of expansion as compared to other forms of business due to the advantages of high credit worthiness, greater stability and separate legal entity. Continue reading “How to Register a Company”

5 reasons why Private Limited Company or LLP is preferred

The most common problem which startups or new ventures face while starting their business is whether to form a proprietorship or a Company.

Sole Proprietorship, being the most traditional form of business is still one of the most common types of business entity in India. The easy formation procedure and minimum compliance requirements in a Sole Proprietorship make it a ready option to start a business.

However, there are various disadvantages of a proprietorship which startups fail to understand at the initial stage. Continue reading “5 reasons why Private Limited Company or LLP is preferred”