Sidhi Wadhwa & Associates

Sidhi Wadhwa & Associates Practicing Company Secretary

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer our expert services for hassle-free One Person Company OPC...
25/04/2021

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer our expert services for hassle-free One Person Company OPC Registration.

OPC Registration has opened up new business opportunities for sole proprietors and entrepreneurs who wish to enjoy the advantages of limited liability, and a separate legal entity as well.
OPCs have been provided with several exemptions and have lesser compliance-related burdens.
It requires only one person who will act as a member, shareholder, and director.

Eligibility Criteria for Registration of One Person Company OPC:
* Only a person who is a citizen of India and resident of India can be the sole shareholder of OPC.
* Legal entities like private/ public limited companies or LLP are not allowed to join an OPC as a shareholder.
* The promoter must nominate a nominee during the incorporation of the OPC.
* The Nominee can be a ‘Nominee’ in only one OPC.
* The maximum Paid Up capital of an OPC is Rupess Fifty lakhs. An OPC is not allowed to have a minor as its member.
* In case an OPC has achieved a turnover of over Rs 2 crores or has a paid-up capital more than Rs 50 lakhs, it has to be converted into a private or public Company within 6 months.
* An OPC must have a minimum of one Director. The sole shareholder can himself be the sole Director. The company may have a maximum of 15 directors.

Benefits of OPC Registration:
* The legal liabilities are minimised.
* The OPC is a separate legal entitty.
* Registering as an OPC ensures increased borrowing capacity.
* It also gives uninterrupted functioning of the company.

Get your OPC Registration with us and avail various benefits provided to Small Scale Industries (SSI) and deductions under the Income Tax Laws.

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer our expert services for GST Registration and Filing.Benefi...
08/04/2021

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer our expert services for GST Registration and Filing.

Benefits of GST Registration
Registration under Goods and Service Tax (GST) regime will confer following advantages to the business:
* Legally recognized as supplier of goods or services.
* Proper accounting of taxes paid on the input goods or services which can be utilized for payment of GST due on supply of goods or services or both by the business.
* Legally authorized to collect tax from his purchasers and pass on the credit of the taxes paid on the goods or services supplied to purchasers or recipients.

Turnover Criteria
Any business offering sale of goods with annual turnover of 40 lakhs (Rs 10 lakhs for North-Eastern states, J & K, Himachal Pradesh and Uttarakhand), or service with annual turnover of 20 lakhs would mandatorily require the registration under GST.

Categories of persons who are required to obtain compulsory GST registration irrespective of quantum of turnover:
* The person engaged in the inter-state taxable supply of goods or services or both;
* A casual taxable person engaged in taxable supply;
* Persons liable to pay tax under reverse charge mechanism;
* A non-resident taxable person engaged in providing taxable supply;
* A person liable to pay tax under section 9 (5) of the Act;
* The person liable to deduct tax at source (TDS);
* Input Service Distributor;
* E-Commerce Operator;
* A person engaged in supplying goods or services or both through e-commerce operator who is required to collect tax at source (TCS);
* The person engaged in supplying online information and database access or retrieval services from a place outside India to an unregistered person;
* Persons engaged in the taxable supply of goods or services or both on behalf of another registered taxable person, whether as an agent or otherwise.

Get your GST Registration with us and make your growing business GST compliant

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer our expert services for seamless MSME Registration.MSME st...
03/04/2021

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer our expert services for seamless MSME Registration.

MSME stands for Micro, Small and Medium Enterprises. MSME industries are the backbone of our Indian Economy.

Benefits of Registration
Enterprises registered under MSMEs are eligible for various benefits from the Government of India, Reserve Bank of India (RBI), etc. This includes subsidies, incentives, credit facilities from banks, and protection against delayed payments by buyers of goods/services.

Eligibility Criteria
An enterprise shall be classified as a micro, small or medium enterprise on the basis of the following criteria, namely:--
* a micro enterprise, where the investment in plant and machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees;
* a small enterprise, where the investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees; and
* a medium enterprise, where the investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.

Get your MSME Registration with us and avail the benefits under various schemes launched by government.

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer quick Limited Liability Partnership (LLP) Registration ser...
01/04/2021

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer quick Limited Liability Partnership (LLP) Registration service in India at nominal price. LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership without imposing detailed legal and procedural requirements.

Benefits of forming LLP
* No requirement of minimum capital contribution
* Separate legal entity
* Limited liability
* Less compliance and regulations

Pre-requisites of forming LLP
* A minimum of two Partners are required to start the LLP formation procedure.
* Two designated partners, one of whom must be an Indian Citizen residing in India.
* A registered office that is located in India.

Get your LLP registered with us and enjoy hassle-free processing.

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer quick Company Registration service in India at nominal pri...
31/03/2021

At Sidhi Wadhwa & Associates, Companies Secretaries, we offer quick Company Registration service in India at nominal price. Private Limited Company is the most popular form of business in India.

Benefits of forming a private company:
* No minimum requirement of paid up capital
* Separate legal entity
* Limited liability
* Perpetual succession
* Ease in transfer of ownership
* Better credibility

Pre-requisites of forming a private company:
* Minimum 2 and maximum 15 directors
* One director out of all the directors should be an Indian Resident mandatorily.
* At least two persons should be there acting as a shareholder. The shareholder can be natural person or it can also be an artificial person.

Get your company registered with us and enjoy hassle-free processing.

We take care of all legal formalities and fulfill the compliances, as defined by the Ministry of Corporate Affairs.

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Delhi

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