Posts Tagged: incorporation

Legal

5 Important Compliances for your Startup

For the past few years, India has seen a substantial rise in the development of Startups trying to establish their identity in the financial market of the world. With many ambitious projects coming up, it becomes necessary that such new emerging businesses, however small or big they may be, conform to the laws, rules and regulations of the land.

Legal

Concept of Corporate Personality

Corporate personality is the creation of law. And as per the law, a corporation is an artificial person created by the personification of a group of individuals. The theory of corporate personality mainly states that a company has a legal identity different from its member. Both English and Indian laws follow the concept of corporate personality.

Legal

8 things you must be aware of if you are a startup

As entrepreneurs, we want to innovate, experiment and do every thing possible in a different way. In this fast-pacing world, survival is the most important element for any new business that is being set up or is already there in the market. But, when it comes to legal structure, I'm sure nobody wants to run their brains and would keep it as simple as possible.

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Now company formation made easy with SPICe!

As a young Entrepreneur, when you think about a Startup, you think about a Private limited company. Might be forming your own company seems to be Overwhelming but Finology made it easy. Incorporating your own company gives the Members- Limited Liability Benefit that means it will allow their members full exemptions from business debt & obligations.

Legal

Registration of a Public Limited Company| Explained

A public limited company is an incorporated business and is said to be a separate legal entity from its owners like that of the Private Limited Company. Shareholders are termed to be its owners and they enjoy the benefit of the limited liability. The limited liability is a benefit to each of the shareholder of that company. According to Section 3(1) (IV) of Indian Companies Act 1956 that ‘’a public company is not a private company” also the articles do not restrict the transfers of shares of the company. There is no restriction on the maximum number of the companies. It invites general members and public to purchase the shares and debentures of the company. If one wants to register a public company there are many advantages or benefits related to the registration of a public Company which are -

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Incorporation of Limited Liability Partnership

Two or more persons associated for carrying on a lawful business with a view to profit should form an LLP. It is a suitable form of business Organizations for small & medium enterprises.

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Memorandum of Association

Whenever a company is incorporated either Private or Government Undertaking, there are some requirements which must be complied at the time of its incorporation. Without these requirements being complied with no company can be incorporated legally under the Companies Act for the time being in force.

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Features of Limited Liability Partnership

Limited Liability Partnership is yet another form of Business Organization in India but with a bit of difference from other such forms such as Sole Proprietorship, Partnership, Company etc.

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Articles of Association

Articles of Association or AOA are the set of rules, norms, laws and regulation around which a company’s internal affairs are conducted. AoA along with the Memorandum of Association (MoA) defines the outline of the company constitution. AoA is ought to be submitted at the time of application for incorporation of the company.

Posts Tagged: incorporation

5 Important Compliances for your Startup

Concept of Corporate Personality

8 things you must be aware of if you are a startup

Now company formation made easy with SPICe!

Registration of a Public Limited Company| Explained

Incorporation of Limited Liability Partnership

Memorandum of Association

Features of Limited Liability Partnership

Articles of Association

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