Agenda: Items of business to be covered in the First Board Meeting of any Company

Written By: Swati Bajaj

Date: 10/06/2021

On receiving the Certificate of Incorporation of the Company, the first Board Meeting should be held within 30 days to be calculated from the date of incorporation......

Read More

The WWH of a Company’s Nameplate – Where, What and How

Written By: Team SeedUp

Date: 10/06/2021

The Companies Act 2013 (the Act), has prescribed in detail the nuances of a Company’s Nameplate. Broadly described, these are covered under 3 major categories: Where, What and How....

 

 

Read More

Company letterhead - Content is as Important as Design

Written By: Team SeedUp

Date: 10/06/2021

We spend so much time designing our Company’s letterhead: the logo, the colors, the elements, design, paper quality, so on so forth. that, we often forget the ‘content’ that should be in the letterhead........

 

Read More

Should a Company opt for a Common Seal?

Written By: Swati Bajaj

Date: 10/06/2021

Common Seal has not been defined anywhere in the Companies Act, 2013 nor was it defined in the erstwhile Companies Act, 1956.

But through....

Read More

Board Meeting Notice- Dos and Don'ts

Written By: Swati Bajaj

Date: 10/06/2021

Written not oral

Notice of a Board Meeting has to be given in writing. It cannot be oral.....

To whom and How...

Read More

What is the process to call a Board Meeting?

Written By: Swati Bajaj

Date: 10/06/2021

All the Directors of the Company together form the Board of Directors of the Company. The Company is run by this Board of Directors. All decisions are taken by passing .....

Read More

What should be the 1st financial year of a newly incorporated Company?

Written By: Swati Bajaj

Date: 10/06/2021

“Financial Year"

For any company or body corporate: 
means the period ending on the 31st day of March every year.....


 

Read More

When to hold a Company’s Annual General Meeting (AGM)

Written By: Swati Bajaj

Date: 10/06/2021

Every Company, other than a One Person Company (OPC) has to hold an Annual General Meeting (AGM).

The calculation of the date to hold an AGM is like a puzzle........

Read More

Annual Filing of Forms by Companies

Written By: Swati Bajaj

Date: 11/06/2021

It is that time of the year when you have to bring your house in order. The place where you live is getting cleaned for ‘Diwali’ and .....

 

Read More

OPC-Annual Filing

Written By: Swati Bajaj

Date: 11/06/2021

One Person Company (OPC) means a company which has only one person as a member. 

Such a Company may have more than one Director on its Board of Directors....

 

Read More

15%* Corporate Tax...Read on to understand which Companies are eligible

Written By: Team SeedUp

Date: 11/06/2021

Analysis of Sec. 115BAB

Section 115BAB prescribes for 15% tax rate for a domestic company that is incorporated after 1st Oct, 2019 & is solely engaged in the manufacturing or production of any article or thing and is commencing manufacturing ...

 

Read More

Trade License- Why is it needed?

Written By: Team SeedUp

Date: 11/06/2021

A trade license is a document/certificate that gives the permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location. However, the license does not allow ......

Read More

Advantages & Disadvantages - Section 8 Company

Written By: Team SeedUp

Date: 11/06/2021

As per Section 8 of the Companies Act 2013, a company that has its sole objective of as promoting Education, Art, Sports, Commerce, Social Welfare, Charity, Research, Religion, Environment, Science, and many such similar objects; where the income and profits of the Company gets utilised for the promotion of its objective(s) only; wherein no....

Read More

Do I Always Need To Get My Books Of Accounts Audited?

Written By: Team SeedUp

Date: 11/06/2021

Audit as its name suggests is an inspection of the books of accounts and making a report by an independent auditor. Every entrepreneur while operating its business has to always keep in mind the audit of the books of accounts for its business or profession. Audit of the books of accounts is governed by the laws under which books of accounts are required to be maintained ......

Read More

Benefits Of MSME Registration

Written By: Team SeedUp

Date: 11/06/2021

What is MSME?

The Government of India on 2nd July 2021, revised the guidelines for MSMEs. Retail and Wholesale trade has now been included as Micro, Small and Medium Enterprises....

Read More

Should you file income tax return if your income is not taxable

Written By: Team SeedUp

Date: 11/06/2021

Every individual, who is an Indian citizen and whose gross total income exceeds the taxable limit in a financial year, is required to file Income Tax Return ....

 

Read More

Do I Always Need To Maintain Books Of Accounts?

Written By: Team SeedUp

Date: 11/06/2021

Each and every entrepreneur, once he/she starts their business or profession, should always keep in mind .....

Read More

How to get a Udyam (MSME) Registration

Written By: Courtesy- MSME website

Date: 03/07/2021

Any person who intends to establish a micro, small or medium enterprise may file Udyam Registration online in the Udyam......

Read More

Everything You Need To Know About Import Export Code

Written By: Team SeedUp

Date: 03/07/2021

In today’s day and age, going global to expand your business, gives you cutting-edge. But before you enter international waters, you’ll have to follow a few procedures.....

Read More

Everything you need to know on One Person Company (OPC)

Written By: Team SeedUp

Date: 24/08/2021

A new concept has been introduced in the Companies Act 2013, about One Person Company (OPC), a company incorporated by a single person. Earlier, a single person could not incorporate a Company. But now they can...

Read More

What do I choose? Partnership or Limited Liability Partnership (LLP)?

Written By: Team SeedUp

Date: 24/08/2021

Partnerships used to be a very popular form of Business Entity in India due to the simplicity of registration and ease of maintenance. But with the introduction of the Limited Liability Partnership (LLP), the prominence of Partnership’s has been replaced by the LLPs...

Read More

What is Goods and Service Tax (GST)?

Written By: Team SeedUp

Date: 14/09/2021

The GST is a centralised tax which has amalgamated various taxes like service tax, CST, excise duty and the state taxes  such as the entertainment tax, luxury tax, octroi and VAT.

Read More

GST tax slabs and due dates

Written By: Team SeedUp

Date: 14/09/2021

In India, there are 4 types of GST slabs: essential household items and life saving drugs, processed food or computers, hair oil, soaps, industrial intermediaries & services and luxury goods. Basic necessity goods come under the exempt list.

Read More

Who is required to register for GST?

Written By: Team SeedUp

Date: 14/09/2021

GST was launched on 1st July, 2017, by the Government of India (GoI) and it applies to all Indian service providers including freelancers, traders as well as manufacturers.

Read More

GST Penalties you should remember

Written By: Team SeedUp

Date: 14/09/2021

There are 21 offences under GST. For easy understanding, these have been grouped into heads of fake or wrong invoices, fraud, tax evasion, supply/transport of goods and others.

Read More

Characteristics of a Private Limited Company

Written By: Team SeedUp

Date: 06/10/2021

There are many characteristics of a private limited company. The important ones are....

Read More

Advantages of a Private Limited Company

Written By: Team SeedUp

Date: 06/10/2021

Many start-ups begin their venture without any proper documentation or company registration. This leads to confusion in.....

Read More

Everything You Need to Know About MCA-21 Version 3 Launch for Companies

Written By: Arunava Dutta

Date: 25/08/2022

Introduction to to E-Governance, MCA-21 and Brief HistoryIntroduction to to E-Governance, MCA-21 and Brief History....

Read More