Legal Suvidha

How Social Media Influencers Make Money and pay taxes

How Social Media Influencers Make Money Influencer marketers in India have a variety of income sources. By combining several, they can build a sustainable business. Here’s a comprehensive guide to how influencers in India make money: 1. Sponsored Content Sponsored content is a primary income source for many influencers. Brands pay influencers to create and […]

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The Ultimate Guide to Starting Your Startup: From Idea to Launch and Beyond

Introduction The startup ecosystem thrives on innovation, yet navigating it requires meticulous planning and strategic decision-making. This guide offers a comprehensive roadmap for aspiring entrepreneurs, from ideation to launch and beyond, equipping you with the knowledge needed for a successful startup journey.   Part 1: Ideation and Validation   Finding Your Idea Innovation starts with

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eForm FC-3: Explanation and Requirements

Mandatory Filing: Every foreign company must prepare and file financial statements within 6 months at the end of its financial year to Delhi ROC using eForm FC-3. Legal Basis: Companies Act, 2013: Section 381 Companies (Registration of Foreign Companies) Rules, 2014: Rules 4, 5, and 6 Documents Required: Financial Statements: Prepared for Indian business operations

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E-Registering a Trademark in India: Step-by-step Guide and Fees

A trademark is an emblematic symbol, logo, or brand name that distinguishes one company from another. Well-known trademarks like the Nike tick symbol, the Puma wild cat, and brands like Amul and Nestle are instantly recognizable by customers. Registering a trademark is a crucial step for standing out in a competitive market and protecting your

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FSSAI Registration for Home Bakers: A Comprehensive Guide

Introduction to FSSAI: The Food Safety and Standards Authority of India (FSSAI) is a government-established regulatory body overseeing food safety and quality in India. FSSAI mandates registration for home bakers to ensure adherence to food safety standards and guidelines. What is FSSAI Registration for Home Bakers? FSSAI serves as an independent body ensuring food safety

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Distinguishing Between Public and Private Companies in India

Although public and private companies share some similarities, they possess significant legal distinctions. A Private Limited Company is collectively owned and operated by its members, whereas a Public Limited Company, as governed by the Companies Act 2013, has limited liability and extends its stock offerings to the public through mechanisms like an Initial Public Offering

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The Registration Process under GST Section 68: How to Enroll for GST

Every business conducting operations in India is obligated to undergo GST Registration, a mandatory requirement ensuring streamlined taxation and prevention of tax fraud. The Goods and Services Tax (GST) is a significant taxation reform in India, unifying various indirect taxes imposed by Central and State Governments. Section 68 of the IT Act necessitates GST Registration

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Understanding eForm INC-22 for Registered Office Verification

eForm INC-22 is a mandatory filing required by companies to provide the Registrar with verification of their registered office within thirty days from their incorporation date. Additionally, any subsequent changes in the registered office location must be communicated within fifteen days using the same eForm INC-22. This filing obligation is stipulated under Sections 12 (2)

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Private Limited Company Compliances in India: Benefits, Requirements, and Consequences

Compliance with regulatory requirements is vital for companies operating in India, irrespective of their categorization—be it a Private Limited Company, Public Company, or One Person Private Limited Company as per the Companies Act 2013. Fulfilling these obligations outlined by the Ministry of Corporate Affairs is crucial for the well-being of the company. In this comprehensive

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Understanding eForm GNL-1: Fees and Application Purposes

eForm GNL-1 serves as an application submitted to the Registrar of Companies under the Companies Act, 2013. It covers a spectrum of purposes, including compounding offenses, extending the AGM up to three months, schemes of arrangement, amalgamation, and other legally mandated reasons. The necessity for filing eForm GNL-1 is detailed in rule 12(2) of the

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