Company Registration in Kerala

How does one become a company secretary?

To become a company secretary in India, you need to enroll with the Institute of Company Secretaries in India (ICSI). The ICSI will be conducting the examinations which should be cleared before enrolling as a Company Secretary in India. For Company R...

Posted on September 7th, 2022

Is it better to have 1 owner or 2 owners for an LLC?

There are one person companies and private limited companies where 2 or more members are mandatory both of which are legal forms of business. However, in case of one person companies, there are several restrictions with respect to the share transfer, ...

Posted on September 1st, 2022

What is meant by ‘DP nominee’ body corporate in LLP (limited liability partnership)?

As per the companies act, 2013, a company/ body corporate can become a partner in an LLP. In that case when a company is a designated partner in an LLP, the company needs to appoint a person as on behalf of the company as the authorised representati...

Posted on August 30th, 2022

How long does it take to register a company?

A company can be registered even in 5 days. However, the average duration of registering the company considering the normal delay in document collection, vetting and uploading typically ranges between 2 to 3 weeks. For Company Registration in Kerala ...

Posted on August 25th, 2022

Is it mandatory that one of the director holds the major shares in private company?

A director need not necessarily become the shareholder of a company. One can become the director even without holding shares. A company secretary also need not necessarily become the director/ member of the board. It is the sole discretion of the com...

Posted on July 29th, 2022

Is there a board of directors in One Person Corporation (OPC)?

A single person can become the director in an OPC. An OPC has this peculiar provision to have a single director as well as upto 15. Hence an OPC can have a board of directors. However, it is not mandatorily required to have atleast 2 directors as in th...

Posted on July 27th, 2022

Can a senior citizen mother claim her medical expenses in income tax?

The Income Tax Act allows you to claim a maximum deduction of Rs 50,000 (as of FY 2021–22) on medical expenses incurred on the healthcare of senior citizens (eligible parents) in a financial year. For Company Registration in Kerala and Business Regis...

Posted on July 27th, 2022

How much does it cost to get a GST number in India?

The price of GST registration in India varies between a range of R.1000 to Rs.15000. The documents required for GST registration are PAN, Business constitution document if any, Aadhar Card, Rent Agreement/ Consent letter of place of business and phot...

Posted on July 22nd, 2022

What is the tax audit limit for business and profession?

The tax audit limit for an individual carrying on business is Rs.1 crore in a FY and for professionals it is Rs.50 lakhs. However, latest amendments direct that w.e.f. April 2021, the limit has been further increased to Rs.10 crores in case of persons ...