ROC Annual Filing

  Introduction   The Companies Act, 2013 governs the format and regulation of companies in India. There are many types of companies in India and one of them is a Private Limited Company. A Private Limited Company is established when there is a minimum of 2 directors and a maximum of 200 members. A Private Limited Company can be formed in 3 different ways with different levels of responsibility and liability for the members and shareholders. The prime focus on of this blog is to know the three different types of Private Limited Company in India. But first, we will discuss "What is a Private Limited Company ?".   What is a Private Limited Company?   A company that is controlled and managed by a small group of individuals is known as a Private Limited Company. These businesses are run by private stakeholders. The company is formed when there is a minimum of 2 directors at the time of incorporation. Features of a Private Limited Company Limited Liability Protection: All member

    Introduction     The Companies Act governs 2 different business structures: OPC and Private Limited Company. One Person Company is a business model that empowers passionate, single individuals to run their own businesses. However, at least 2 people are required for a Private Limited Company .   Do you want to establish a new company but are uncertain about which one is the appropriate corporate structure to select? This article will help you with the decision.     What is a Private Limited Company?     A Private Limited Company is a type of company that require a minimum of two members and a maximum of 200 members. The liability of the members of a Private Limited Company is limited to the number of shares owned by them.     What is a One Person Company?     One Person Company is a type of company that has only one person as its member. An OPC is a company that has only one shareholder as its member and the company is operated by that person.   Difference between the Private Limit

      Introduction     In a notification dated March 4, 2022, the Ministry of Corporate Affairs published the " Limited Liability Partnership   (Second Amendment) Rules, 2022." The amendment was proposed to update the existing Limited Liability Partnership Rules, 2009. The same will take effect the day after it is published in the official gazette.     Key changes introduced in LLP (Amendments) Rules, 2022     A. New web-based forms for the formation of LLP   The LLP Amendments, 2022 have made all the LLP forms as web-based forms.   Now, the LLP incorporation process should only be completed through web-based forms, just like the SPICe Plus Forms are for the incorporation of companies.   The most significant modification brought by this amendment is that now every LLP is required to include Latitude and Longitude in the Address Block.   The Digi Locker Database can be used to retrieve the Directors' information.   B. Need not to apply for PAN and TAN separate from the inc