According to the Companies Act 2013, the Articles of Association have the following terms and conditions: Articles of Association of a private limited company do not allow the company to transfer its shares to anybody who is not a part of the company.

Documents required for Flipkart seller registration The documents needed to become a Flipkart seller differs from the nature of business or companies.

LLP Stationary LLP Seal: The LLP seal is required for the opening a bank account of the company and also for applying for PAN.

Foreign Nationals and NRIs have started businesses in India through a private limited company, as it allowed for 100% Foreign Direct Investment (FDI) under the automatic route for several sectors.

Limited Liability Partnership (LLP) is a great combination having the advantages of a Company and Partnership by means of providing the Partnership form of an entity with limited liability protection.

Emblems and Names (Prevention of Improper Use) Act, 1950 No one can use the marks or names which are listed below without the prior approval of the Central government or State government in any trade, business or in the title or any patent, trademark or design.

The major changes of finding a great domain for a business with an invented name is a lot easier than finding a name for a company with a common name.

Broad Features of the GST All payments are to be made electronically eliminating the need for paper at all stages.

Central Taxes: Central Excise Duty [including additional excise duties, excise duty under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955] Service tax Additional Customs Duty (CVD) Special Additional Duty of Customs (SAD) Central Sales Tax ( levied by the Centre and collected by the States) Central surcharges and cesses ( relating to supply of goods and services) State Taxes Value-added tax Octroi and Entry tax Purchase tax Luxury tax Taxes on lottery, betting and gambling State cesses and surcharges Entertainment tax (other than the tax levied by the local bodies) Central Sales tax ( levied by the Centre and collected by states)

Appointment of Officers The Board may appoint such persons as it may think fit to be officers under the Central Goods and Services Tax Act.