LLP Registration in India: Complete 2026 Guide (FiLLiP, Agreement & Compliance) 📌 Quick Answer: How to Register an LLP in India in 2026 A Limited Liability Partnership (LLP) is registered through the FiLLiP (Form for incorporation of LLP) on the MCA portal. The process involves: (1) obtaining DSC for designated partners, (2) reserving the LLP […]
Category Archives: Incorporation of company
One Person Company (OPC): Registration, Compliance & Conversion Triggers 📌 Quick Answer: What Is an OPC and Who Should Register One? A One Person Company (OPC) is a company with only one member (shareholder), defined under Section 2(62) of the Companies Act, 2013. It provides the benefits of a separate legal entity and limited liability […]
Section 8 Company (NGO): Licence, 12A & 80G Registration Guide (2026) Quick Answer A Section 8 Company is a not-for-profit company registered under Section 8 of the Companies Act, 2013 for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment, or any other useful object. It operates like a regular […]
Nidhi Company Registration in India: Capital, Members & Compliance Guide (2026) Quick Answer A Nidhi Company is a type of Non-Banking Financial Company (NBFC) registered under Section 406 of the Companies Act, 2013, established for the purpose of cultivating the habit of thrift and savings amongst its members and receiving deposits from and lending to […]
Farmer Producer Company (FPC) Registration: Complete Guide Under Companies Act Part IXA (2026) Quick Answer A Farmer Producer Company (FPC) is a body corporate registered under Part IXA of the Companies Act, 2013 (Sections 378A to 378ZS), read with the Companies Act, 1956 provisions incorporated by reference. It enables groups of farmers, agriculturists, and primary […]
NBFC Registration with RBI: Capital Requirements, Net Owned Funds & Regulatory Compliance (2026) Quick Answer A Non-Banking Financial Company (NBFC) must be registered with the Reserve Bank of India (RBI) under Section 45-IA of the Reserve Bank of India Act, 1934 before commencing or carrying on the business of a non-banking financial institution. The minimum […]
Board Meetings & AGM: Quorum, Notice, Minutes & Virtual Meetings — Complete Compliance Guide Featured Answer: Board meetings and Annual General Meetings (AGMs) are the two most fundamental governance mechanisms under the Companies Act, 2013. Every company must hold a minimum of 4 board meetings per calendar year (Section 173) with a maximum gap of […]
Company Name Change: Procedure, RNC-1, INC-24 & Timeline 📌 Quick Answer: A company registered under the Companies Act, 2013 can change its name by passing a special resolution under Section 13(1)(a), obtaining name availability through Form RNC-1 (or the SPICe+ RUN service) on the MCA portal, and filing Form INC-24 with the Registrar of Companies. […]
Section 80-IAC: 3-Year Tax Holiday for DPIIT-Recognised Startups Quick Answer Section 80-IAC of the Income Tax Act, 1961 provides a 100% deduction of profits for 3 consecutive assessment years out of the first 10 years from incorporation, to eligible startups recognised by DPIIT and certified by the Inter-Ministerial Board of Certification. The startup must be […]
Advance Tax: Due Dates, Computation & Interest for Non-Payment Quick Answer: Advance tax is the income tax paid in instalments during the financial year itself, rather than as a lump sum at the year-end. Under Sections 208 to 211 of the Income Tax Act, 1961, any person whose estimated tax liability for the year is […]