Benefits of MSME Registration
Benefits of MSME Registration What is MSME ? Micro, Small & Medium Enterprises Registration also known as Small Scale Industries Registration is a free registration under the MSMED which gives eligible businesses numerous benefits which is why it's recommended to get a MSME/SSI registration. Any business enterprise having invested in plant and machinery of an amount less than 10 Crores in case of the manufacturing sector and 5 Crores in case of services sector are [...]
Registering a Foreign Company in India
Foreign company in India ! Indian Corporate law recognises the word foreign company when a company incorporated outside India has: a place of business in India by itself or through an agent, physically or through electronic mode; and conducts any business activity in India in any other manner Its clearly evident from the provisions in our law that any company incorporated outside India but has a presence in India as specified above shall be called a Foreign Company. So [...]
Importance of CIBIL Score
Importance of CIBIL Score What is CIBIL Score? CIBIL TransUnion Score is a set of points awarded to all individuals or businesses regarding their credit history. CIBIL or Credit Information Bureau of India Limited is a Credit Information Company that is primarily involved in collecting and maintaining data related to all the borrowers of banks. It maintains a consolidated database of all the borrowers and after analyzing their credit record awards a score which indicates [...]
Concept of Small Companies
Small Company under Companies Act What is a Small Company ? Small company is a new term coined by the new companies act 2013. In view to promote more people to register a company, the new companies act had made relaxations who fall within the meaning of small companies for new startups or small businesses. The act defines small companies as: ‘‘small company’’ means a company, other than a public company,— paid-up share capital of [...]
Venture funding vs Angel Funding
Venture Capital vs Angel Investors Venture Capitalist Unlike Angel investors, a Venture capital fund is a firm involving a whole team of professional investors whose primary objective is to maximize their invested wealth. Generally, venture capital firms have a bunch of investors who pool their funds, a board who makes decisions, a team who analyses the investments and searches for opportunities, and also a team of professionals who would take care of the growth prospects [...]
