In order to do KYC of companies and to verify their registered office, the Ministry of Corporate Affairs (MCA) has on 21st February 2019 issued Companies (Incorporation) Amendment Rules, 2019 whereby every company, including a company having license under section 8 of the Indian Companies Act 2013 or under section 25 of the erstwhile Indian Companies Act 1956 and incorporated on or before the 31st December, 2017 is now required to file important details of the company and its registered office in e-form ACTIVE (INC – 22A) on or before 25th April 2019. Continue reading “ACTIVE (INC – 22A) Compliance – KYC for Companies”
A successful business requires investment of time, effort and MONEY for its long term growth and prosperity. Infusion of funds is an essential pre-requirement, especially for Startups if they want to scale up and make their brand popular and visible.
Innovative and promising Startups or businesses always attract enterprising investors who are ready to stake their money and a get a good return out of the same. The difficult part arrives when the decision on the mode of funding has to be evaluated. Continue reading “Modes of Funding/Capital Infusion for Startups”
Although Limited Liability Partnership is one of the most popular forms of starting a business, there are various compliances which are required to be followed annually once the business is incorporated.
The Annual Compliances of LLP primarily include:
- Filing of Annual Return of the LLP in Form 8 – Due date 30th October of the succeeding FY
- Filing of Financial Statements of the LLP in Form 11 – Due date 30th May of the succeeding FY