Limited Liability Protection Private limited company's shareholders are liable only to the extent of their capital invested. This means, the members of the company are accountable for the debts only to the extent of shares they hold. Their personal assets remain safeguarded, even in cases of any business loss incurred by the company. This means if the company incurred any … [Read more...] about 10 Key characteristics of a private limited company that you must know
Finance
How do small businesses file income tax return in Odisha
All businesses are required to file an annual income tax return with the government on or before the due date of filing. However, a proprietor is not requried to file income tax return if his or her income for the financial year does not exceed the basic exemption limit. The basic exemption limit fixed for the financial year 2022-23 and 2023-24 is 2,50,000 rupees. Which … [Read more...] about How do small businesses file income tax return in Odisha
Documents required to register a private limited company in Odisha
In our last article, we have discussed the steps to register a private limited company in Odisha. To get your private limited company incorporated in Odisha, you need to submit following details to your chartered accountant Documents required for Indian Directors and shareholders: In addition to above documents you are also required to submit email ID and mobile number … [Read more...] about Documents required to register a private limited company in Odisha
Private Limited Company Registration in Odisha
Company registration in Odisha can be easily done in less than 10 working day. If you are planning to setup a private limited company in Odisha, here in this post you will find all the steps we follow and things required to register a private limited company in Odisha. Before we proced, please note, as a basic requirement, you need atleast two people to incorporate a private … [Read more...] about Private Limited Company Registration in Odisha