Employees State Insurance (ESI) Registration

Employees State Insurance (ESI) Registration is important because it provides numerous of fruitful benefits to the employees also it provides the safety in various ways. ESI is a self-financial social security and health insurance scheme for Indian workers. It is a scheme which is designed to provide social protection to the employees against the uncertain event in the organization such as: Sickness Disablement, and Death, etc. During the course of [...]

Business Structures in India

Introduction There are various kinds of business structures prevailing in India. Choosing a business structure is one of the most important decisions taken by entrepreneurs. A business can't be successful only with a great idea and investment. A successful business also depends on the type of structure they are using. There are several business structures prevailing in India, some of them are; sole proprietor, partnership firm, one person company, private [...]

ISI Mark Registration in India

Introduction ISI mark or the Indian Standard Institute, that is known as BIS, is a standard body in India which checks the quality and the efficiency of different products in India and hence keep in check if the company is following the laid out standards given by the Institute. Now there is a very common misconception amongst the general public that ISI Certification and ISO Certification is one and the [...]

Legal Services for Business

Legal Services When you set up your own business there are many things that you need to consider. You need to do so much of research,  plan so many things, come up with strategies and form a good and effective team. Write a business plan and do the marketing as well as raise funds. Amidst all this, you cannot forget about the legal requirements. Legalities are very important and are [...]

Raising Angel funding for Startup

Angel Funding is done by angel investors (may be solo or in the group). They are quite famous especially amongst startups, they are simply those who invest in a particular company based on various factors. They can be formal or informal, they may be partners or they may be entrepreneurs themselves. Anyhow they are people loaded with money or that's a general perception about them. It's a known fact that [...]

Appointment of Director as per Companies Act 2013

Introduction Appointment of Director proceeds under Companies Act. In accordance with the Companies Act of 2013, every company must have a certain number of directors. The minimum number of directors is fixed according to the different type of companies- a public company must have at least 3 directors, a private company should have 2 and a one person company should have 1 director. The upper limit is fixed at 15. [...]

Options to Fund a New Business

For any entrepreneur, the options to finance new business are of extreme importance as without the options to finance, every other planning for a business is just waste. Only an Entrepreneur understands the real need of money. He knows how to make money from money. He has the capability to bend it in any direction he wishes to. But an Entrepreneur, be it at any scale, needs the options to [...]

Small Scale Industries (SSI)

Introduction The meaning of Small Scale Industries is the industry whose aggregate turnover does not exceed 25lakh to 2 crores. There are certain goods exempted from the Small Scale Industries (SSIs). This benefit of exemption is not applicable to all the goods and only to certain goods listed in the notification. The notification covers most of the products. However, tobacco products, pan masala, watches, matches, aluminum patties/Patta, steel patties/pattas and [...]

Director Identification Number (DIN)

Introduction In accordance with the new company law, any and every director of an Indian company must have himself registered and must possess an identification number known as the 'Director Identification Number'. Significance of Director Identification Number (DIN) DIN is relevant in tracing the directors of companies, thus eradicating every possibility of them vanishing with the investor's money. Many companies have been formed primarily with the motive of raising funds [...]