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Risk & Assurance

Risk & Assurance

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Impact of GST on Solar and Renewable Energy Effective GST implementation strategy is required to ensure your business is GST compliant. In this article we will discuss about the impact of GST on Solar and Renewable energy. GST: A Good Solar Tax or Disruption to the Solar Industry? Patent Registration in India - Patent Registration Procedure What is Patent Registration? The patent is an exclusive right granted to the Patentee over his/her invention for a limited period of time. Through Patent Registration, the patentee shall have all the rights regarding controlling, making, using, selling or importing patented product or process for producing that product.

Know all about Company registration in Singapore via Enterslice by Enterslice ITES Pvt. Ltd. Start and Manage Business Singapore Regime Singapore is a prime location to set up a business because of its location being situated in the middle of Southeast Asia, allowing them access to an Asian market and less commuting hours to nearby areas through the flight. In order to put a business, the company is required to be registered; the most suitable format shall be registration of a private company in Singapore.

What is Revenue Recognition? - A Comprehensive Analysis In order to uniform the accounting methods theInstitute of Chartered Accountant of India has prescribed the Indian Accounting Standard which has to be adopted by every entity to be compliant with various governments regulatory. In every business, the source of income is very important to know the accumulation of income. There is a specific Indian Accounting Standard i.e. IND-AS18, concerned with the recognition of revenue arising in the Ordinary Course of the business. IND-AS 18 Revenue Recognition issued by ICAI “Revenue is the gross inflow of economic benefits during the period arising in the course of the ordinary activities of an entity when those inflows result in increases in equity, other than increases relating to contributions from equity participants.”

Procedure For Section 8 Company Registration in India Under the companies act, a company incorporated for promoting commerce, art, science, religion, charity or any other social cause as may be permitted by the Central Government to drop the word 'Limited' or 'Private Limited' from their name. Such companies must apply their earned profits for promoting their object and not use them for the payment of dividends to members. These companies are known as 'Section 8 companies'. This is the same as the 'Section 25 Company' under the old Companies Act, 1956. It remains one of the most preferred structures for establishment of a Non- Profit Organizations in India. Know all about Secretarial Audit via Enterslice What do you mean by secretarial audit in India? Secretarial audit is held to make sure that the company is adhering to the compliances made by the company under corporate law & other laws, rules, regulations, procedure etc. Secretarial audit was lately introduced under the companies Act, 2013.

Trade License Registration and Procedure in india Enterslice If you wish to start your own business in the form of a shop, factory or any other establishment, you will be required to apply for Trade License with the respective authority. The authority to which the application is required to be submitted is based on the business address of the establishment. The power to issue a trade license is delegated by the State Governments to the Municipal Authorities. This is the reason the actual procedure of application and their processing might vary a little, depending upon the rules and regulations laid down by these authorities. Purpose

Domestic Transfer Pricing for Specified Domestic Transactions The transfer pricing (TP) provisions were earlier restricted to International transactions only. However, with effect from 1st April 2013 the transfer pricing scope has been extended to specific domestic transactions and is accordingly effective from Assessment Year (A.Y) 2013-14. Legal Definition of Domestic Transfer Pricing? Section 92BA defines specified domestic transactions which are governed by the TP regulation which states that specified domestic transactions in case of the assessee mean any of the following transactions

Know the Complete Process of Pvt Ltd Company Registration in Singapore via Enterslice Like other countries, Singapore has its own set of rules and regulations for getting a company registered in Singapore: - As per the Singapore Companies Act, any person above the age of 18 years is allowed to register a company in Singapore.ACRA (Accounting and Corporate Regulatory Authority) needs to approve the company name. ACRA is a statutory board under the Ministry of Finance, Singapore Government. The company must have at least one resident director in Singapore. He should be above 18 years of age, should not have a criminal background and should not be bankrupt.A private limited company needs to have between 1-50 shareholders. 100% foreign ownership is permitted.As per Section 171 of the Act, the company has to appoint a company secretary within 6 months of incorporation.The minimum paid-up capital of the company has to be S$1 for registration. The amount can be increased to any value after incorporation.The business address of the company needs to be a local address.

How to Setup One Person Company Formation in India: Enterslice For a very long time, an individual entrepreneur involved in trade could operate only as a Sole Proprietor. Such structure was beneficial so as to maintain an individual’s control over the activities and was cost-effective yet the biggest drawback was the unlimited liability that fell upon one single person. An individual was thus held personally liable for the debts and loans availed for the purpose of installing and expanding the business. Unlike a company, the proprietor was considered to be the same as the business and thus personal assets are not distinguished from business assets for any purpose.

Company Registration in Hong Kong What is Company Registration in Hong Kong? To register a Company in Hong Kong is a very quick and simple process. Once you have decided to incorporate a Company in Hong Kong you need to choose a name for your company and then file an application in a prescribed form to the Hong Kong Company Registry (CR). Application for registration of business is also filed simultaneously when filing the application for registration of a company. It simplifies the process of staring the business and company incorporation in Hong Kong. What is Advantages of Company registration in Hong Kong?

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