A compelling component of your business idea is the name you put to it. Choosing the name of your business is a crucial step as it’s going to be the cornerstone of your brand.It get customer’s first impression when you pitch for a business deal or sell them a product. Make sure the name that you choose is understandable, easy to say, spell and hear.Here are 5 easy … [Read more...] about 5 easy steps to select and protect your company name
company law
These words and expressions are not allowed in a company name
Promoters can select any name for company registration. They can even change it at any point of time by taking necessary approvals from registrar.However, words and expressions used in the name should not be prohibited or undesirable as per various rules, clarifications, circulars and guidelines issued under the companies act, 2013.In this article, we have noted certain … [Read more...] about These words and expressions are not allowed in a company name
How to convert a OPC to Private Limited – A step by step guide
OPC stands for One Person Company. It has certain restrictions which a private limited company doesn't have.A OPC doesn't allow;more than one investor to invest in the company, a member to invest more than Rs 50 lakh as paid-up share capital, to have turnover of more than Rs 2 Crore.One Person Company is a best choice when the business is small and you don't want … [Read more...] about How to convert a OPC to Private Limited – A step by step guide
When you can convert a One person company to private limited
Concept of one person company or OPC has been introduced in India by the Companies act, 2013.As per the provisions, one member with a nominee can form a OPC by registering it with the ministry of corporate affairs.Nominee is a person who becomes member of the One Person Company in case of death or any other incapacity of the member.One person company has certain … [Read more...] about When you can convert a One person company to private limited
Top 10 post incorporation compliance applicable to OPC – One person company
A one person company is required to comply to companies act, 2013 and income tax act,1961 in addition to other applicable laws.You need to remember certain mandatory compliance applicable to a one person company in order to avoid penalties and non compliance issues.In this article, we have listed top 10 post incorporation compliance to help you understand the … [Read more...] about Top 10 post incorporation compliance applicable to OPC – One person company