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What is FLA Return? The term FLA stands for Foreign Liabilities and Assets. It’s a return to be submitted by all the Indian companies that have received FDI during a financial year. The return also has to be filled in case the company has made an investment in a foreign company known as Overseas Direct […]
Labour law is also known as employment law. It aims to promote worker empowerment as well as their protection. Both central and state governments can make laws regulating labour. The law coordinates individual and collective employment relations. It controls the imbalance of power between the worker and the employer, prevents the employer from firing the […]
MNC stands for Multinational Corporation or Companies. These companies operate in different cities across the globe. Since India has one of the fastest-growing economies, it has recently become a hub for MNCs as labour is so cheap, there are plenty of resources available and govt schemes are so supportive. MNCs have headquarters located in their […]
Starting a business is a complicated process and becomes even tougher if you’re not aware of the right legal structure for your business. Hence, while setting up a business, the first task is to choose the right legal structure for your business. In this blog, we’ll discuss “How to choose the right legal structure for […]
ESOPs stands for Employee Stock Option Plan. Issuing of ESOPs helps in attracting and retaining top talent. Nowadays, companies and startups have found ESOPs to be an attractive means of joining a company. ESOPs act as an insentive for employees, especially if the company can’t afford very high compensation packages immediately but they also encourage […]
A private limited company is a business with private ownership. By private ownership, we mean the founders or shareholders or management. In private ownership, stocks aren’t available to the public but just to private groups. That means, unlike a public company, a private company can’t issue its shares through IPO. Hence there is no involvement […]
Companies have a lot of operations, and those operations can’t be performed without a director. The director’s work starts from the incorporation process and continues as long as the company goes. In this article, I’ll cover all the details of being a director. Definition of Directors: The directors are referred to as the persons […]
Starting your own business? That’s nice but before you too make mistakes that many other owners make in starting phase here’s our blog with 5 common mistakes to avoid with your new business to ensure smooth flow of your business. Mistake 1: Not Getting Your Business Registered One of the biggest mistake businesses makes is […]
Due to various reasons, many companies across the world wind up their business, at the time of closure they need to follow certain rules and regulations defined by the government, one of the important processes that they need to go through while closing a company is Liquidation of the company. What is Liquidation? When a […]
There is one question that we always get, How can I start or grow my business without taking external funding? The simple answer is BOOTSTRAPPING! Bootstrapping is nothing but using your savings to start a business. Entrepreneurs do not seek funding from venture capitals or investors, which eliminates the pressure from external sources and keeps […]
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