Conversion of Sole Proprietorship into a Private Limited Company

By Team Lawgical Startup

Procedure for Conversion – Conditions for conversion – Key benefits – other important points Usually entrepreneurs start their business ventures in the form of Sole Proprietorship, reason being it is the simplest form which has least maintenance cost. Alongside, the owner has the complete control of the business and the ownership remains in his hands.…

Annual Compliances for Limited Liability Partnership (LLP)

By Team Lawgical Startup

Benefits of LLP – Annual Compliances for LLP – Annual filing – Maintenance of Books of Accounts and Documents – Filing of Income Tax Returns – Audit of LLP Partnership has been the most desirable form of business since ages. Just by adding a prefix i.e. ‘Limited Liability’, A new form of business is created…

Memorandum of Association (MOA) – Building block of a Company

By Team Lawgical Startup

The Memorandum of Association (MOA) is a legal document that specifies the scope of business activities of the Company and defines the Company’s relationship with its shareholders. It is one of the most important documents of a Company as it states the objectives of the Company and contains the powers within which it can act. It is…