The formation of a company and every operation conducted by it is subject to legal compliances as such regulations not only help in imparting credibility to its services, they also protect it from unwanted litigation. A simple process of relocating to a different working place for an organization is also governed by notified rules and let’s take a look at the procedure for changing office address.
Informing the Registrar of Companies (RoC)
Resolutions
Different Scenarios
When the Registered Office is shifted to another state The following steps need to be taken :
Conclusion The registered office is the centre of any organization’s activities with not only all the top executives operating from there but every communication relevant to the business is directed to or from there and that is why the procedure to change office address requires so much diligence.
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All leading business corporations in today’s world started with something really small. They had their share of failures and success, ups and downs, profits and losses but they fought their way out through the storms to create a successful brand name. Recently, there has been quite a few startups in India most of which are relatively small business ventures. There are a lot of things which one needs to consider before starting such small businesses in India. Let’s have a look at some of the steps which we need to follow for starting a business in India
level management, is responsible for ensuring the smooth functioning and decision making in any company. To appoint, elect or de-elect a member from the group of people who exercise utmost authority in Corporate Governance is a matter that has received significant legal attention. Therefore, certain procedures and provisions have been laid under “The Company’s Act (Amendment) 2013” dictating the terms of appointment and removal of directors in a company. According to the new provisions under the amendment act, only individuals shall be deemed to be the directors of the company i.e. no artificial legal entity/person (for example, another corporate firm) shall be allowed to hold the position. These provisions are discussed below:
India fever is increasing among foreigner business entrepreneurs who want to start their businesses in India. At a time, when major economies of the world are experiencing slow economic growth, job cuts, layoffs, a sharp decline in demand for products and services, India (After China) is the only country in Asia which has managed to register a tremendous growth in several fields.
India's massive population, a big customer market, initiatives taken by the Indian government for business promotion, availability of highly educated and skillful professionals at low price tags, etc, encourage foreign business persons to start their businesses in India and earn handsome revenues every day/week, month. A good number of American companies, entrepreneurs, and firms also start their business activities in India. For this, they have to complete several formalities and follow the rules and regulations. Here is a brief summary of to do list: At a time when major economies of the world are witnessing an economic slump, layoffs, cut in employee's salaries, etc, India seems to be performing well. Despite all negative media propaganda, India's economy is performing well in terms of tax collection, elimination of black money, export of agricultural products, software, highly talented professionals, goods and services, generation of new jobs, ease of doing business, etc. The government of India has allowed 100% FDI in several private sectors. That is why, business individuals from all over the world has been arriving India to start their business activities and earn handsome revenues every day, week, month, and year.
Although, the process to register a private limited company in India is simple and straightforward, but can be quite stressful for unfamiliar individuals. If you want to register your business as a private limited company and do business legally, here are the essential steps that you need to follow: |
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