
	Home About Us About us Founder Director Associate Services Business Advisory Financial Advisory International Taxation Indirect Taxation Business Transformation Transaction Advisory Corporate Advisory Training Company Formation Business Planning and Project Reports NRI Taxation in India Outsourcing Services Market Updates Knowledge Bank Calculators GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund SIP CALCULATOR Lumpsum CALCULATOR Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Direct Tax Vivad Se Vishwas Scheme Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 Company Secretaries Act, 1980 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Query Admin Login Email Login Time Sheet Contact Us

Company Formation

Private Limited
- Limited Liability
  Shareholder enjoys limited liability to the extent of capital invested. Shareholder's personal assets protected in the event of the company's insolvency.
- Separation of Management & Shareholders
  Management & shareholders can be separated. A shareholder can invest the fund in fruitful business without managing & Management can operate their business without frequent interruption of investors.
- Separate Legal Entity
  A company is a Separate legal entity from its Owners and Management in the eyes of law.
- Perpetual Succession
  A business of the Company will not affect if there is any change in the ownership of the company.
- Easy Equity Funding
  Startups businesses can easily raise funds from investors on an equity basis.
- Taxation
  Every Pvt Ltd Company enjoys for recently announced start-up tax exemption, if meets eligibility criteria.
Public Limited
- Limited Liability
  Liability of shareholder for the losses of the company is limited to their contribution only.
- Perpetual Succession
  A business of the Company will not affect if there is any change in the ownership of the company.
- Listing on Stock Exchange
  Public Company can be listed on stock exchange and raise funds by way of public issue.
- Transferable Shares
  Shares of a public company are freely transferable between its members and non-members.
- Disclosure & Transparency
  The public company ensures stringent disclosure compliances. Financials of the company is in public domain.
- Minimum Directors & Shareholders
  Minimum 3 directors, Minimum 7 shareholders required and there is no limit on maximum shareholders of the company.
One Person Company
- Limited Liability
  OPC is sole proprietorship business with limited liability features.
- Single Owner
  The key feature of OPC is One Person Company managed by a single owner.
- Separate Legal Entity
  OPC is a separate legal entity from his/her owner in the eyes of law.
- Share Transferability
  OPC owner's equity cannot be transferred freely to others.
- Lesser Compliances
  OPC requires less compliances as compare to private & public limited.
- Nomination
  One nominee required who will take over OPC in case owner absence.
Partnership Firm
- Concept
  Partnership firm is a business form in which 2 or more individuals can join hands to do business.
- Easy Formation
  Partnership firm can be easily & quickly registered in comparision to other form of business.
- Low Cost Registration
  As comparison to other business form, cost of registering partnership firm is very low.
- Tax Benefit
  More Tax Saving as compare to sole proprietor business form.
- Sharing of Risk
  Individuals having same business goal can form and share risk & rewards.
- Compliances & Disclosure
  Least compliance & disclosure required as compare to other business form.
Limited Liability Partnership
- What is LLP ?
  Limited Liability Partnership is a separate legal entity from its partners and liability of each partner is limited to their contribution.
- Benefits
  LLP has perpetual succession and contains salient features of Company and Partnership.
- Formation & Cost
  Easy to form LLP and registration cost is low in comparison to company formation.
- Compliance & Disclosure
  LLP requires less disclosure and compliance requirement is less as compare to other entities.
- Audit Requirement
  No mandatory requirement of statutory audit upto a certain limit i.e. Turnover or Contribution.
- Taxation
  No income tax chargeable on profit distribution in partner's hand.
Sole Proprietorship
- Easy incorporation
  Sole Proprietorship is the easiest form of business entity in the terms of procedure of establishment.
- Minimal Cost
  The cost involved in the formation of a sole proprietary firm is very less as compared to other forms of business.
- Lesser compliances
  As compared to other business forms, there are fewer legal compliances with respect to incorporation, operation and taxation.
- Independent control
  As Sole Proprietor is the single owner of his business, he surely has independent control over his operations.
- Single Promoter
  This is the only form of business entity that can be promoted by a single individual.
- No corporate tax liability
  As per the direct tax laws of India, the sole proprietary entities are not liable to pay flat corporate profit tax, unlike other business forms.