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Recently Answered Questions

What is Authorised capital of a company and how is it different from paid up capital?
Authorized capital: Before a public company can sell a stock, it must specify a certain limit to the amount of share capital that it is authorized to raise. This limit is set forth in its constitutional documents and can only be changed with the approval of the shareholders.Paid up capital: A company does not usually issue the full amount of its authoriz...

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Angel Investing or Admission of new partner in LLP
LLP Ownership depends solely on contribution. Maximum, Partner A can be assigned as Working partner and give a portion of the profit. But ownership of the firm is based on Contribution only. Hence in an LLP if an investor invests Rs.15 Lac and other partner have put in less amount then maximum ownership will be with an investor, Hence the way to go forwa...

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Can you help me figure out if my company is small company any longer?
Your company is a small company because A small company as a company other than a public company has to meet the following criteria—-Paid-up share capital of which not exceed 50 lakh rupees-Turnover of which as per its last profit and loss account does not exceed 2 crore rupees or such higher amount as may be prescribed which shall not be more than twent...

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How to register a startup company and avail Startup India Incentives?
I have broken down my answer into 3 parts. ' Par A: To Qualify for Startup India Stand up India plan As per the framework laid down by the Government, a “startup” is defined as follows: An entity (i.e. a private limited company / limited liability partnership or a registered partnership firm) incorporated/ registered in India shall be considered as a ...

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Can you help me figure out if my company is small company any longer?
Your company is a small company because A small company as a company other than a public company has to meet the following criteria—-Paid-up share capital of which not exceed 50 lakh rupees-Turnover of which as per its last profit and loss account does not exceed 2 crore rupees or such higher amount as may be prescribed which shall not be more than twent...

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How to register a startup company and avail Startup India Incentives?
I have broken down my answer into 3 parts. ' Par A: To Qualify for Startup India Stand up India plan As per the framework laid down by the Government, a “startup” is defined as follows: An entity (i.e. a private limited company / limited liability partnership or a registered partnership firm) incorporated/ registered in India shall be considered as a ...

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