Process of Incorporation of Foreign Subsidiary / Wholly Owned Subsidiary/ Foreign Company Whenever anyone incorporate a Company in India as ‘Subsidiary” or “Wholly owned Subsidiary (WOS)” of a Company incorporated outside India. Many questions came into notice like: (i) What are the information/ Documents required from foreign Company? (ii) Whether presence of authorized representative of …
About GST GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption. It is a comprehensive indirect tax in India, introduced on July 1st, 2017, replacing multiple cascading taxes levied by the central and state governments. GST is administered by the Central and State Governments …
Trademark A trademark is a symbol, word, or words legally registered or established by use as representing a company or product. It serves to protect the owner’s brand identity by preventing others from using similar marks. Trademarks can be a logo, phrase, word, sound, color, or even scent. Trademark Registration Trademark registration is the process …
Income Tax Return ITR stands for “Income Tax Return,” which is a form used to declare an individual’s or a company’s taxable income to the government. The form is submitted annually to the tax authorities, usually by a certain due date, and is used to calculate the amount of tax owed. An ITR Return is …
Q1. What are Non-Banking Financial companies (NBFCs) and how it works? A Non-Banking Financial Company (NBFC) is a financial institution that provides banking services such as loans and advances, investments, leasing, hire-purchase, insurance, and other financial products and services without having a banking license. NBFCs can raise funds from various sources such as deposits, bonds, …
Q. What are the Nidhi Limited Companies and how it works? NIDHI Limited Companies are a type of Non-Banking Financial Company (NBFC) in India, formed for the benefit of its members. The primary objective of Nidhi Companies is to promote the habit of thrift and savings among its members by providing them with financial assistance …
Introduction to Transfer Pricing Imagine you’re running a multinational company. You have branches all over the world, from New York to New Delhi, each producing different parts of your final product. The branch in New York makes part A, and the branch in New Delhi makes part B. To make your final product, you need …
