Wednesday, 22 February 2017
How to Kickstart your Startup!
You might be wondering that what is a business startup? What benefits we get after registering a business startup? How a business startup gets registered online? How much it costs while registering such startup? What compliances need to be followed in this regard?
Answers to all your questions are here. Team ClicknFile helps you to know more and provide best advice.
Let us brief you some facts about registering a business startup.
Startups can be registered as Private Limited Company or One Person Company (OPC) or Limited Liability Partnership (LLP) depending on the needs and requirements of such business. On one hand, it’s easy to raise funds & loans from Banks, Financial Institutions, individual investors, corporate investors, private equity funding entities, venture capitalists etc. with Private Limited Company or OPC. On the other hand, if you wish to opt for lesser government intervention, relaxed audit requirements, lower formation & compliance cost then you must go for LLP.
Every form of business has its own pros and cons but helping you out in a unique & effective manner is what we offer. Our team of experts shall provide best piece of advice for which form of business to start. So let’s get rolling with ClicknFile and sit back while you get your business startup registered comfortably.
You may drop in your queries at firstname.lastname@example.org or directly get in touch with our finance experts @ 8872032114, 8872032116, 8872013116
Updates that you would not like to miss –
1. Against the current threshold of Rs. 5 lakh, now if the amount of cash purchases of jewellery exceeds Rs. 2 lakhs, tax shall have to be collected at source at 1% from April 1 onwards.
2. After due verification, Proper Officer can reject an application for registration of GST by giving a prior show cause notice and provide the person a reasonable opportunity of being heard.
3. The I-T department is now planning to launch the next phase of 'Operation Clean Money' next month to close in on unaccounted money into banks but standalone deposits below Rs. 5 lakhs may be ignored for now.
4. If TDS amount has been credited to Electronic Cash Ledger of the deductee, in that case no refund shall be granted to deductor under GST.
Have a great day ahead!