Group items tagged

Limited Liability Partnership (LLP), introduced in 2008, has quickly become a popular legal structure for businesses. A LLP has combined the advantage of partnership and company into a single form of organization. The LLP is also cheaper to incorporate, requires less compliance and can be a smart shift from a tax viewpoint. However, if you're looking to increase venture capital or magnetize talent with employee stock options, private limited is the way to go as LLPs cannot easily accommodate it. Benefits of Incorporation of One Person Company Limited Liability- Limited Liability means the status of being legally responsible only to a limited amount of debt of a Company. Unlike proprietorship and partnership, in a limited company the liability of a partner is limited only to the amount of debt i.e. the liability of the partner is limited only to the extent of face value of shares taken by them. Due to which when a company is limited by shares, the liability of members at the time of winding up is limited to the extent of unpaid amount on shares. So, the partner's private property is always safe no matter what is the amount of debt. Better image and credibility in Market- In India, OPC is a Private Limited Company, which is a admired and accepted structure. Corporate Customers, Vendors and Govt. Agencies choose to deal with Private Limited Company instead of proprietorship firms. Easy to Sell OPC- An OPC Company is very easy to sell. Less documentation and cost is required. Easy to Manage and Freedom from Compliances- OPC is one of the simplest forms of corporate entities to control. Very few ROC filing is to be filed with the Registrar of Companies (ROC). No AGM and other secretarial compliances are required.

So what is the secret to running a successful business? According to the talent management company Ochre House, it's PLANNING. No business owner has achieved success by accident. Instead they have had clear goals, and plans in place that ensured they would achieve those goals. It may be a time consuming process, time you would rather spend in going out to secure new business or to design new products and services, but without a comprehensive plan in place your business is likely to fail. Read more at http://www.startupgrowthexpert.com/2013/01/the-secret-to-running-a-successful-business/#XW4AqY74ItH0Ockt.99

Shinecleaners is providing highly professional and efficient cleaning services and it is the best cleaning Perth based agency with highly talented Perth cleaners team.

Tadpoles is the nation's only sports portal where unacknowledged sporting talent will get its ultimate recognition.

Tadpoles is the nation's only sports portal where unacknowledged sporting talent will get its ultimate recognition.

Tadpoles is the nation's only sports portal where unacknowledged sporting talent will get its ultimate recognition.

Tadpoles is the nation's only sports portal where unacknowledged sporting talent will get its ultimate recognition.

Tadpoles is the nation's only sports portal where unacknowledged sporting talent will get its ultimate recognition.

Tadpoles is the nation's only sports portal where unacknowledged sporting talent will get its ultimate recognition.