Comparison – One Person Company and Private Limited Company

Comparison - One Person Company and Private Limited Company One Person Company (OPC) and Private Limited Company are two popular forms of business entities that operate under the regulations of the Companies Act. Each structure has unique features and benefits,…

What are the advantages and disadvantages of a private limited company?

What are the advantages and disadvantages of a private limited company? A private limited company is a business organization owned and managed by a group of shareholders, with limited liability for its members. The number of shareholders in a Private…

Private Limited Company Tax Rate 2022

Private Limited Company Tax Rate 2022 A private limited company is the most preferred type of business entity in India. Each year nearly a lakh companies are incorporated in India. All private limited companies registered in India are required to file…

Section 8 Company Registration

Section 8 Company Registration A company is referred to as a "Section 8" company when it is registered as a non-profit organization (NPO), i.e., when it has the motive of promoting arts, commerce, education, charity, protection of the environment, sports, science,…

How can a Third Party Invest in a Private Limited Company? 

How can a Third Party Invest in a Private Limited Company?  The Ministry of Corporate Affairs regulates the Private Limited Company in India, which are owned by non-governmental organizations or by a small number of shareholders/members. The Private Limited Company…

Sole Proprietorship to a Private Limited Company Conversion

Convert a Sole Proprietorship to a Private Limited Company Sole Proprietorship is a business entity that is wholly owned and controlled by an individual, individuals who want to start a business can register Sole proprietorship. As the business grows it…

Conversion of Limited Company into Private Limited Company

Conversion of Limited Company into Private Limited Company The recent amendment of the Companies (Incorporation) Rules, 2014, has shifted the powers for the conversion of limited company into private limited company. While in the past the process was approved by…

Conversion of Proprietorship into Private Limited

Conversion of Proprietorship into Private Limited Converting a proprietorship into a private limited company is a significant step for entrepreneurs seeking to expand their business and reap the benefits of a corporate structure. While a proprietorship offers simplicity and easy…

Directors Report Format

Directors Report Format All Companies registered in India are required to conduct an Annual General Meeting and file the company annual return with the Ministry of Corporate Affairs. In the Company's Annual General Meeting, the Board of Directors of the…

Increase in Penalty for Not Filing Annual Return

Increase in Penalty for Not Filing Annual Return The Companies (Registration Offices and Fees) Second Amendment Rules, 2018 was notified by the Ministry of Corporate Affairs on 7th May, 2018. This rule is a very important rule for all professionals and…