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Section 2(87) of companies act, 2013 provides the definition of the Subsidiary as under: "Subsidiary Company" or "Subsidiary", in relation to any other company (that is to say the holding company), means a company in which the holding company- (i) Controls the composition of the Board of Directors; or (ii) Exercises or controls more than one-half of the total share capital either at its own or together with one or more of its subsidiary companies: Provided that such class or classes of holding companies as may be prescribed shall not have layers of subsidiaries beyond such numbers as may be prescribed. Thus , if LLP will hold more than 50% shares of the private Limited Company then the Private limited Company will be called as subsidiary of the LLP and there are no initial requirements which need to be followed from LLP's part.For incorporation of Private Limited Company, the same can be done by following standard procedure for incorporation of Private Limited Company. Learn more about process for Registering a Private Limited Company at http://www.legalwiz.in/blogs/com... Get assistance from Experts at LegalWiz.in for Registering a Private Limited Company at the nominal professional fees. Reach us at 1800 313 4151 or support@legalwiz.in

To register your business in organised form, there are number of options to such as Private Limited Company, LLP, One Person Company, Partnership Firm, etc. based on the requirements and strategy of the business. Considering Private Limited Company as most popular organisation structure, the process is prescribed below in 4 simple steps: Application of DSC for Directors Reservation of Name under which company will carry on its business Drafting of necessary Documents and their execution Application for registration and PAN and TAN There are number of aspects one has to look into before stepping for registration. Recommended is to also look into the post registration aspects of the business including the organisation specific and industry specific. Referred read: All you need to know for registering a company Post registration checklist for private limited company For personalised assistance, reach us on call at 1800 313 4151 or drop an e-mail at support@legalwiz.in. Visit us at https://www.legalwiz.in

The respective amendment in the provision states that the annual compliance forms shall be filed for a period up to which commercial transactions are undertaken. According to said provision, if the LLP has not carried on any business for a particular financial year, it does not require to file the forms for annual compliance. However, during the incorporation process, the Registrar demands to file the returns and to fulfil all the requirements. Therefore, rather than avoiding the requirements when it's due, it is recommended to file the forms on time. For any assistance required, feel free to drop us an e-mail at support@legalwiz.in or call us at 1800 313 4151.

Small and medium enterprises are the backbone of the Indian Economy. MSME stands for Micro, Small and Medium Enterprises. MSME Department is a department of Central Government, established under The Micro, Small and Medium Enterprises Development Act, 2006. The Act was enforced with a view to promote the small scale Businesses and provide the benefits those are available to large scale Businesses through providing various subsidies, incentives and schemes. SSI/MSME Registration is mostly recommended in order to claim various benefits. Below mentioned are the benefits and incentives availed to MSM Establishments registered under the Act: Subsidised Rates of Loan: The availability of Finance is easy and at lower cost. The banks tend to provide loans on lower rate of interest to the MSME. Preference for Government Tenders is also availed based on the registration certificate under MSME. Benefit for Trademark Application: The entities registered having MSME Department can avail rebate of 50% on Government Fees for Trademark Registration Application. The fees prescribed for Companies, LLP, Partnership Firm, etc. is Rs 9,000/-, for which rebate can be claimed based on MSME Certificate. Protection against delayed payment from Buyers is enjoyed due to this registration. The buyers are liable to make timely payment when accepted. A separate Council "Micro and Small Enterprises Facilitation Council" is established for timely resolution of disputes with the consumers. Following are other miscellaneous benefits and schemes: The Credit Guarantee Fund Scheme for Micro and Small Enterprises Market Development Assistance Scheme for Micro, Small & Medium Enterprises Technology & Quality up gradation Support for MSMEs Government Subsidy for Small Business for Cold Chain Power tariff subsidies, excise exemption regulations, capital investment subsidies, and several other benefits Additionally, there are various other benefits declared by Central Government from time to time wit

In spite of the fact that not required before recording an application, you are urged to seek the USPTO's trademark database to check whether any mark has as of now been enlisted or connected for that is like your mark and utilized on related items or for related administrations. On the off chance that your inquiry yields a mark that you think may struggle with your mark, you ought to then check status to check whether the application or enlistment is still "live," since any "dead" mark can't be utilized to hinder another application.