Plan Your Investment

Over the last decade or so there has been a marked shift in our options for sending parcels overseas. This change is in part due to the increasing popularity of internet shopping; as more businesses sell their products online couriers have needed to alter and expand their services to meet this new demand. The result [...]

Recently International Financial Corporation(IFC) has listed the citites in india based on the business conditions and how easy to start a business. The following are list of cities in order: 1. Ludhiana – Panjab 2. Hyderabad – Andra Pradesh 3. Bhubaneswar – Orissa 4. Gurgaon – Haryana 5. Ahmedabad – Gujarat 6. New Delhi – Delhi [...]

Section-25 Company According to section 25(1)(a) and (b) of the Indian Companies Act, 1956, a section-25 company can be established ‘for promoting commerce, art, science, religion, charity or any other useful object’, provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid [...]

FROM THE PROCEDURE AND LEGAL FORMALITIES LISTED BELOW FOR FORMING SEC. 25 COMPANIES ,YOU FIND THAT THERE IS NO BAR FOR A FOREIGN NATIONAL TO BE A PROMOTER OF SUCH CO. RBI has clarified that under the Foreign Exchange Management Act, 1999, appointment of a foreign national as a director on the board of directors [...]