How Non Resident Indian(NRI) can set up a business in India?

Non-Resident Indian: An Indian citizen who stays abroad for carrying the business or for employment or stays abroad under some circumstances indicating an intention for the uncertainty duration of stay is a non-resident. The status of the person about the residence is purely depends on the duration of stay in India. This would be calculated on the number of days for each financial year which begins from 1st of April to 31st March. Under section 6 of the income tax…

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Incorporation procedure of Limited Liability Partnership

Incorporation documents and the step by step procedure are going to be discussed here in detail. To incorporate a limited liability partnership A lawful business, which has been carried by two or more persons need to subscribe their names in the incorporation document. The incorporation document shall be filed in such manner and with such fees, as may be prescribed with the registrar of the state in which the registered office of the limited liability partnership is to be situated;…

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An overview of GST impacts on a common man

Roll out of GST, how it impacts on a common man and the things we must know are going to be discussed here. Keep your eye on this article to get an overall impact of this GST scheme.   When GST got rolled up, the prices were expected to go down and the consumers get more benefits. But that would happen only in the long run in the form of input tax credits that start coming back to the consumer…

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Introduction of trademarks in a market – “Trademark registration in Coimbatore”

No permission is required from any authority to select any peculiar features of a mark, or to introduce the same on goods or services except as not to overstep on the rights of others. The mark for protection under trademark law would necessarily comply with the requisites as laid down by each country. Selecting a mark: A marketer, when adopting or launching a new mark for his product is not to be bothered about by any considerations, except to make…

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Skill requirements for a company director- Company Registration

The skill requirements of a company director gonna be discussed here very precisely. Look into this article to get a clear view point regarding the requirements of a company director. In spite of a spate of debates over the rights and obligations of a company, director, there appears to have been a lack of insight into the actual function of a company director qua director. At the one extreme, popular misconception would have it that a director is, as it…

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