A Shop and Establishment License is mandatory while establishing a shop, hotel, theatre, public amusement, or any commercial place. The shop and establishment registration falls under the state subject, and a business needs to obtain this registration from its respective state government’s labour department.
The State Government levies the professional tax. It is necessary for every business within 1 month of business registration or commencement of business.
A company having more than 10 employees who draw a maximum monthly salary of Rs 15,000 needs to get registered for ESI. The full form of ESI is Employee State Insurance. This scheme, managed by Employee State Insurance Corporation offers several medical and monetary benefits to employees.
We do the complete paperwork, follow up with the authorities, and take care of other formalities while you can stay relaxed.
The process of dissolving a company is called Winding up. For this, you need to submit an account statement and all the directors should execute an affidavit and indemnity.
A company Needs funds for short or long term requirements. It can issue new shares and infuse more capital to increase its authorized capital. Authorized capital is the maximum no of share capital that a company can issue to its shareholders.
A director can only be removed if he meets any of the disqualification criteria mentioned in the Companies Act, 2013. The shareholders can remove a director before the end of his tenure, except for appointment by the Central Government. Post the removal; the company should file DIR-12 with the Registrar of Companies.
A new director can only be appointed as per the provisions of the Memorandum of Association and Articles of Association. The person appointed must give his consent in written as well.
Enjoy a one-time waiver of additional filing fees for all delayed filings up to 30th September 2020. Thanks to Companies Fresh Start Scheme 2020 and the revised the LLP Settlement Scheme 2020!
LLPs need to file their returns and statement of accounts annually. Failing to comply with this can attract a penalty of up to Rs 5 lakh. Annual Compliance comprises.
