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If you are planning to open a new business establishment, you need to understand the rules and regulations which govern the business for Company Registration Validity in India. A few things such as how long the company registration is valid in India or how much tax is to be paid will be of great importance to you. When you are in the process of setting up your new business, you need to be very careful so that you don’t get into trouble with the government. You also need to consider the possibility of going through the process of company incorporation with the help of an accountant. All these things are important as they make a big difference when it comes to setting up your new business.
Time Validity Under the Companies Act 2013
The law allows for six months after the company’s registration for it to start working on its business. The government has made it a point to remind all the firms that the rule was implemented in order to ensure that no new projects can be started in the country without proper notification.
However, there are many people who feel that the company should be allowed to make use of its office premises and assets even when it is under the process of registration. They feel that the time limit for Company Registration Validity in India that was imposed was not really meant for them. They say that it only gave them enough time to get ready to register their business. These people argue that if the registration of the company was done properly, then it would be difficult for the government to block access to its property. Therefore, it will not be fair to them for the government to insist on a time limit.
Private Limited Registration Validity Check in India
The argument of these people is that they do not require legal advice and they believe that the government’s decision is fair to the public. If one of these arguments is sound, then the other one is also sound. However, this is a difficult issue and many people do not have a clear view of it. Therefore, in case you are looking forward to Starting a Private Limited Business in India, you might want to consider using a website that offers a free consultation for those people who need some legal advice.
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