Registration rules vary for businesses depending on the nature of the company. According to New Companies Act of 2013, an entrepreneur can form two types of companies i.e. Private Company and Public Company. Guidelines for Pvt. Ltd company- Minimum two shareholders are necessary Two directors required The Company’s Act restricts ...
Read More »Registering a business- in case of Sole Proprietorship and/or Partnership firms
Other than Private and Public Companies, there are Sole Proprietorship and Partnership firms as well. Procedure to register a Sole Proprietorship firm: For Sole Proprietorship, there is no mandated rule as such but the owner may be required to attain a license specific to the mode of business from local ...
Read More »Without third party guarantee get loan up to 1 crore for your business
Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) CGMSE was launched by the Indian government to provide collateral/security free loans to micro and small enterprise sector. A Trust was established by Ministry of MSMEs and Small Industries Development Bank of India (SIDBI) to implement this scheme. 80% of ...
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