Udyam Registration – New MSME Structure

By Team Lawgical Startup

Click here to read this article in HINDI The Central Government, has notified certain criteria for classifying the enterprises as micro, small and medium enterprises (MSME) and specifies the form and procedure for filing the memorandum (hereafter in this notification to be known as ―Udyam Registration), with effect from the 1st day of July, 2020,…

Startup India – Everything you need to know

By Team Lawgical Startup

Prime Minister Narendra Modi announced Startup India Campaign on 15th August 2015 with a view to improve the ‘Ease of Doing Business’ in the country and create an ecosystem that is conducive for the growth of start-ups. What do you need to start a business? Only three simple things: Know your product better than anyone,…

Consequences of Non – compliance by Private Limited Company

By Team Lawgical Startup

There are many business models such as proprietorship or LLP or Company, the decision depends on many economic and legal factors. Among all others, Private Limited Company is the most popular form of business, but there are various compliances which are required to be followed, once your company is incorporated like reporting of financial results,…

NGO – Types, registration procedure and requirements

By Team Lawgical Startup

Non-Governmental Organization ‘NGO’ is a non-profit social service voluntary organization of community, persons, volunteers, civilians or citizens. NGO is registered with Government registering authorities but it is managed, operated and worked by its members and associated persons under and as per the rules. NGO works to improve the working patterns, enhance the policies, improves and…

Benefits of Private Limited Company

By Team Lawgical Startup

Private Limited Company is one of the most popular business structure among startups and business houses. Many entrepreneurs while starting their business journey, struggle through a critical decision of selection of structure of business entity. Not every type of business structure (say partnership firm, sole proprietorship, private limited company, LLP, etc.) are suited for all…