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Asset Finance Company in India - Registration and Process

First and foremost an Asset Finance Company (AFC) is a Non-Banking Financial Institution (NBFC). An Asset Finance Management Company under the Reserve Bank of India Act is a financial institution whose principal business is to finance physical assets supporting productive/economic activity like automobiles and cars, machineries like generator sets, lathe machines, earth moving equipment, tractors, machines and material handling equipment and industrial machines used for general purpose. It is a for-profit business company. Some facts and figures A detailed list of all the existing Asset finance companies in India is available at the official website of the Reserve Bank of India. Currently, there are roughly about 399 Asset finance companies in India that are registered with RBI. As per a directive of RBI in 2017, an asset finance company:- Having the requisite minimum net owned fund as per RBI’s stipulation, and Compliant with all the prudential norms Can accept or renew
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Sole Proprietorship: A Guide to Register It

Are you planning to avail Sole Proprietorship Registration for your new business? If yes, then wait for a few minutes. There are many elements that you should surely know before enrolling your firm or shop as this particular business entity. You should fully understand what sole proprietorship, actually means, what are the advantages and disadvantages it offers, and more. So, in this blog, we have covered the following topics: Definition of Sole Proprietorship What is meant by Sole Proprietorship Registration? Advantages of registering your business as Sole Proprietorship Disadvantages of Sole Proprietorship enrolment Documents required for Sole Proprietorship Registration Things to be done after obtaining Sole Proprietorship Registration Definition of Sole Proprietorship Sole Proprietorship is neither a company nor a corporation but a business exclusively owned by an individual. If a person owning any products or services starts selling it, then he/she becomes a sole

Company Formation and Incorporation Procedure in United Kingdom - Easy Steps

Setting up a company in the European market should not be ruled out as other country markets. Approximately 25% of Global Wealth syndication is in the European Territory. It also has the biggest consumer market in the world. It is a synergy of 27 member states. The internal market for services to be around 4$ trillion by the World Bank. It is also one of the most highly skilled continents in terms of labor force & also technology. Oversees & Strategic alliances are preferred with Europe because of the following: - Geography (Centrally located) - Historical Trading Ties - Cross-Border Syndication - European Union Policies affecting trade facilitation with various countries. Also, there are comprehensive free trade agreements effected between the US & European Union, fusing the world’s two largest economies. There are various Free Trade Zones in Europe offering Tax Exemptions for international investors: - Le Verdon Free Zone in France - Bourges Free Z

Procedure for Change in Address of LLP | LLP Agreement | LLP Registration

All LLPs is mandatory should have a registered office address for the purpose of receiving all the communication/notices from the registrar of LLP, Central or State Government, Income-tax Department or other authorities. This is the address that is registered by the ROC in their records as the registered office of the LLP. Though LLP can have numerous offices throughout India, it will have only one address marked as the registered address of the LLP & the same will be reported & registered with the registrar of LLP. Any modifications in the registered address of LLP will be updated with the registrar. Change in Address of LLP The implication of registered address of LLP can be valued by the fact that in accordance to the law, the LLP is required to maintain its Books of A/c at the registered address only further all the minute’s book of the LLP be also kept & maintained there for a period of 8 years. Further, the jurisdiction of the registrar of LLP is also determin

Company Registration and Incorporation in USA - Updated 2020

The USA market is the world's largest business hub. It is the best as well as the largest corporate financial market in the world. Many investors and business firms are keen to set up their business there in the form of a company in order to expand the horizon of their products and services. The benefits of incorporating a company in the USA: 1. It helps in building the image as well as the reputation of your company; 2. Tax Rate is lower as well as transparent; 3. Multiple tax advantages are provided to the companies incorporated in the US market; 4. Establish a business entity can avail the benefits of incentives offered by the government; 5. A personal visit is not required for Incorporating a Company; 6. For establishing a business there is no requirement of taking US citizenship Company Formation in the USA In two forms an entity can be established in the USA : A. Corporation: It is a form of a separate legal entity that has its own rights, privileges,

Procedure Required for the Company Registration by Delhi Consultants

Private Limited Company is the most popular and easy way for Indians as well as NRIs, to start their business in India. It is basically more popular among the small and medium-sized businesses. Private Limited Company is a separate legal entity, having perpetual existence, as well as have the ability to raise equity funds and providing limited liability protection to the shareholders. Its restricts its rights, to transfer its shares and also prohibit any invitation to the public to subscribe for any securities of the company. Also Read:  https://enterslice.com/learning/private-limited-company-registration-india/ Basic requirements to form Private Limited Company, is that there should be minimum Two Directors, minimum two and maximum 200 shareholders and paid-up capital should be of Rs. 1 Lacs.  Private Limited Company Registration  is governed by the Ministry of corporate affairs, Companies Act, 2013, and the Company Incorporation Rules. Private Limited Company Registratio