Corporate & Regulatory FAQs
Clear, straightforward answers to commonly encountered legal, tax, and secretarial queries.
Typically, it takes between 7 to 10 working days, subject to MCA portal processing speeds and swift document provision by promoters.
No. LLPs enjoy audit exemption if their annual turnover does not exceed ₹40 Lakhs and partner capital contribution remains under ₹25 Lakhs.
The startup must be recognized by DPIIT, incorporated after April 1, 2016, and approved by the Inter-Ministerial Board (IMB) by proving genuine technological or business innovation.
Yes, under Section 24 of the CGST Act, any business selling goods via e-commerce operators must obtain GST registration irrespective of annual turnover.
You can use the ™ symbol immediately after filing your trademark application. The ® symbol can only be used once the trademark is officially granted by the Registrar.
The MCA levies an additional statutory penalty of ₹100 per day for each delayed form without any upper ceiling. Prolonged default risks director disqualification.
Yes. UAE freezone companies and most mainland commercial activities permit 100% foreign ownership without any mandatory local Emirati shareholder.
No, you can legally register the company at a residential address, including your own home or rented apartment, provided you obtain an NOC and utility bill from the owner.
There is no minimum paid-up capital requirement under the amended Companies Act. You can start with an authorized capital of ₹1,00,000 and paid-up capital as low as ₹2.
Yes! Foreign nationals and NRIs can become directors and own shares, provided at least one director on the board is a resident Indian citizen.
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