Overview of Company Registration Importance of Company Registration Company registration is a critical first step for any aspiring entrepreneur. It serves as the foundation for establishing a legitimate business entity. This formal process provides several important benefits: Legal Recognition: Registering a company gives it a legal identity, allowing it to operate within the law. Liability […]
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Startup Jharkhand The Government of Jharkhand has launched the ‘Startup Jharkhand’ initiative to promote eco-system of Startups in the state of Jharkhand. Under Jharkhand Startup Policy 2016, various incubation centres were set up by the state government to promote the growth of at least 1,000 innovate technology-based startups throughout the state. In this article, we
Limited Liability Partnership (LLP) or LLP registration is a newer form of business which is a mixture of a company and a partnership firm. While it has benefits and characteristics of a private limited company, it can be operated flexibly just like a normal partnership. Compliances are lesser in LLP as compared to a company,
Trust registration in Jharkhand. Trust is registered and governed by the Indian Trust Act. In simple word, it is a financial vehicle which transfers property from its owner to a trust for the lawful purpose. In India, some societies are registered as a public trust. Often, you’ll even hear of the wealthy creating private trusts;
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Proprietorship firm registration in Jharkhand A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work ‘alone’—it is
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A Section 8 Company is named after the Section 8 of the Companies Act, 2013. The segment applies to the fuse of a relationship for advancing business, religion, workmanship and culture, training, philanthropy, inquire about, science, sports, social welfare, ecological security or some other beneficent goal; , gave that any conceivable earned benefits may be
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Society registration in Jharkhand The Societies Registration Act, 1860 is a legislation in India which allows the registration of entities generally involved in the benefit of society – education, health, employment etc. The British Indian Empire, with a wish to encourage such activities and to promote the formal organisation of groups of like minded people,
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The partners in a partnership registration may be individuals, businesses, interest-based organizations, schools, governments or combinations. A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result
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One Person Company registration in Jharkhand-OPC registration in Jharkhand One Person Company, which is a new concept in India, already sees a big boom. A huge impact on the economy and development of nation is expected. It gives opportunities to many and will therefore bring creative and young minds in front of everyone. The concept
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A Producer Company consists of a group of people who are involved in the production of primary produce or having one or more objectives related to the primary produce. The economy of India is an agricultural centric economy. Around 60% of population depends on agricultural activities for their livelihood. But, the primary producers and farmers
