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Partnership Firm

Partnership Firm A Partnership is defined by the Indian Partnership Act, 1932, as ‘the relation between persons who have agreed to share profits of the business carried on by all or any of them acting for all’. This definition gives three minimum requirements to constitute a partnership firm, viz. (1) …

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LIMITED LIABILITY PARTNERSHIP

  LIMITED LIABILITY PARTNERSHIP Limited Liability Partnership (LLP), introduced only in 2008, has quickly become a popular legal structure for businesses. And its name suggests that the liability of its partners is limited unlike partnership firm. A Limited Liability Partnership combines the advantages of both the Company and Partnership into …

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ONE PERSON COMPANY

ONE PERSON COMPANY The concept of One Person Company (OPC) in India was introduced through the Companies Act, 2013 which allows single founders to enjoy the status of a company. Forming a OPC helps to have full control over affairs of the business while keeping the liability limited. One of …

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Private Limited Company

PRIVATE LIMITED COMPANY Private Limited Company is the most preferred business structure for Start-ups and growing companies as it allows outside funding to be raised easily, limits the liabilities of its shareholders and enables them to offer employee stock options to pull in top talent. A Private Limited company is …

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PAN/TAN

About PAN/TAN   What is PAN? PAN is a unique identification number assigned to Indians, mostly to those who pay tax. The PAN system of identification is a computer-based system that assigns unique identification number to every Indian tax paying entity. Through this method, all tax related information for a …

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Mangement Information System(MIS)

Management Informmation System(MIS) MIS: A management information system (MIS) is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company. It is usually also possible to obtain special reports from the system …

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Digital Signature Certificate

Digital Signature Certificate (DSC) What is Digital Signature Certificate ? Digital Signature Certificate is an electronic document used to prove ownership of a public key. The Certificate includes: Type of Certificates   Digital Certificate Creation:       

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