AOA

Financial Intelligence Unit India

23rd May 2019

Financial Intelligence Unit What is FIU Registration? Section 12 of PMLA, 2002 and rules there under require every reporting entity to check and verify and maintain the records of the identity of all its clients including beneficial owners. For verification and maintenance of records of the identity of clients are prescribed under Rules 9 and […]

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Private Limited To Public Limited

23rd May 2019

Private Limited To Public Limited Although private entity is a corporate entity and enjoys the benefit of registered corporate but conversion of a private entity into public concern has its reasons, significance and vary accordingly. A Public Company has seven or more members and can invite public to subscribe to its shares. A subsidiary company […]

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FCRA Registration

23rd May 2019

FCRA Department comes under the Ministry of Home Affairs. FCRA Registration is optional for NGO / Trust / Section 8 Company In order to regulate the foreign contribution or foreign hospitality received by any individual, association or company the Government has consolidated all the laws and regulations relating to such transactions. For this purpose Foreign […]

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12A and 80G Registration

23rd May 2019

80G Registration and 12A Registration is applicable only to NGO’s and charitable organizations that:- Have no income being generated from the business Is either a charitable trust or a registered society Should not be using their assets or income for any other purpose than charity Maintains regular book of accounts of their receipts and expenses. […]

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Section 8 Company Registration

23rd May 2019

Section 8 company registration Professional Fees: Rs. 3000Approx Rs. 15000 – 16000 (inclusive All) An NGO can be registered as a Section 8 company under the Companies Act 2013 or as a trust under the Trust Act 1882 or as a society under the Societies Act 1860.Section 8 Company Registration is the process of incorporation […]

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