Skip to main content

Registration of Firms

The Company Registration Under the Act

                           Solubilis Corporate Services LLP is a Company Registration in Chennai.In the company registration purposes of assessment, firms were two types they are registered and unregistered.The company registration consultants of a firm under the Income tax Act is different from its registration under the Partnership Act 1932.A firm may be registered under the Indian partnership Act, but they may be unregistered under the Indian Partnership Act, but may be unregistered under the Income tax Act.

                     A firm may exist under an oral agreement under partnership Act, it is not entitled to registration under the Income tax law unless evidenced by an instrument of partnership.An application for  the company registration consultants can be made if the partnership is evidenced by an instrument of partnership and the individual shares are specified in that instrument. No firm can be registered unless the requirement in the instrument of the partnership specifies the individual shares of the partners in the profits of the partnership.


Company Registration Services in Chennai

                  The instrument evidencing the partnership should relate to the accounting year and it is the income of the accounting ear which is subject of charge and which is to be appropriated among the partners for the purpose of computing the tax payable each individual partner.An application for company registration of a firm is to be made to the assessing officer having jurisdiction to assets the firm at ant time before the end of the previous year relevant to the assessment year in the respect of which company registration services is sought.Such an application may be made either during the existence of the firm or after its dissolution it is not necessary that the company registration services may be in existence in the assessment year in respect of  which company registration is applied in the business names.


Popular posts from this blog

Do you wish to change registered office of your company ?

Do you wish to change registered office of your  company ? 1. Make a Board Meeting after giving notice to all the Directors of the company. Decide about the change registered [Section 173 of the 2013 Act.Comply with the requirements and procedure of issuing notice to the board as laid down in Secretarial Standard. Which is mandatory and effective in a company.
2.Beware that every officer of the company whose duty is to give notice of the Board Meeting as same. If anyone who fails to do so will be punishable with a fine of up to Rs. 1,000. This offense the regional director or any officer licensed by the Government.
3. File the notice of change with the concerned ROC in e-Form along with a registered copy. The board declaration is approving the change registered name of a company.
4. Secure that the said e-Form is filed with the ROC electronically. The copy of the board resolution is filed with the said e-Form as an attachment.
5. Assure also that the said e-Form is digitally si…

Do you wish to convert a firm into a Limited Liability Partnership

(1) Note that under Section 55 of the LLP Act, 2008 convert firm into an LLP with the provisions of the Second Schedule of the said Act.
(2) The second schedule of the said act convert firm into an LLP. If the partners of the LLP into which the firm is to be converted to involve the entire partners of the firm.
(3) Decide about the designated partners among the partners of the firm who shall beat least 2 in number.
(4) Make an application in Form No.7 for each designated partners for part of (DPIN)Designated Partner Identification Number with fee of Rs.100/- to the ROC in Chennai. The Limited Liability Partnership ( LLP) will be placed electronically. It is signed by the applicant in digitally.
(5) Follow the provisions of Rule 10 of the LLP rules 2009 and attach the documents specified in sub-rule (2) of the said rule to Form No.7. The LLP rules specified in sub-rule (3) of the said rule.
(6) Select a name for the proposed LLP and ensure that at least 6 choices are given  for avai…

What are the Characteristics of a company ?

A company as an organization has many specific details which together form it a different management and its characteristics. The main characteristics of a company are following: The Legal Entity : The characteristics of every company is registered under the existing law and it has a different legal entity part of the members or shareholders of the company. The company is a fake person and it is a legal unit. It has certain rights and privileges of a natural person. A registered company has the right to acquire and ownership as well as transfer property in its own name. The act of a company can be held liable for no shareholders. The Limited Liability members of a company The liability of each member of a company is limited to the amount payable by him as an investor and the values of shared are subscribed by him.There is no member can be called upon to pay more than that amount may be the term of liability of the company . The Transferable Shares of a company The capital of a …