Startup Launchpad
All the right tools for your business under one roof.

What is estore
Estore is entrepreneurly's initiative create a marketplace where startups and businesses can benefit from each others product.

Can I list my product?
Yes you can! We are always looking to expand our portfolio of offerings!

How it helps?
Saves you time and money and lets you focus on scaling your business. With startups and businesses looking to test their product, these initial offerings are often really helpful and budget friendly.
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A startup might require funding for one, a few, or all of the following purposes. It is important that you, as an entrepreneur, are clear about why you are raising funds. You should have a detailed financial and business plan before you approach investors.
Prototype creation, product development, website/app development
Team hiring
Legal and consulting services for your startup
Raw materials and equipment
Licenses and certifications
Working capital
Marketing and Sales
Office space and other admin expenses
Company policies checklist for new hires Joining Bonus Letter with Retention Clause Employee Induction Job offer email New employee announcement email New employee welcome email template New hire checklist template Onboarding checklist Welcoming New Employee
The benefits from running a fully compliant startup are completely intangible. The cost of non-compliance is much much higher than the cost of compliance.
Any startup needs to think about the image it projects to the potential investors and this image has a direct effect on your valuation. It is all about the comfort that can be given to the potential investor and how serious a startup is about its overall compliance.
The benefits from running a fully compliant startup are completely intangible. The cost of non-compliance is much much higher than the cost of compliance.
Any startup needs to think about the image it projects to the potential investors and this image has a direct effect on your valuation. It is all about the comfort that can be given to the potential investor and how serious a startup is about its overall compliance.
LLP shall be a body corporate and a legal entity separate from its partners. It will have perpetual succession.
Proprietor is a sole owner and is personally liable for all the actions made by the entity (“Sole Proprietorship”).
The benefits from running a fully compliant startup are completely intangible. The cost of non-compliance is much much higher than the cost of compliance.
Any startup needs to think about the image it projects to the potential investors and this image has a direct effect on your valuation. It is all about the comfort that can be given to the potential investor and how serious a startup is about its overall compliance.
LLP shall be a body corporate and a legal entity separate from its partners. It will have perpetual succession.
LLP shall be a body corporate and a legal entity separate from its partners. It will have perpetual succession.
A company which has a minimum of two members and a maximum of two hundred members and that offers limited liability or legal protection for its shareholders are called Private Limited Company.
Yes, we have a special approach for situations like this. The entire list of compliances applicable for the startup will be taken and all relevant documentations and filings shall be made under applicable laws and regulations.
We pride ourselves in the fact that we have enough experience in bringing a startup from a “non-compliant” stage to “diligence ready”.
The benefits from running a fully compliant startup are completely intangible. The cost of non-compliance is much much higher than the cost of compliance.
Any startup needs to think about the image it projects to the potential investors and this image has a direct effect on your valuation. It is all about the comfort that can be given to the potential investor and how serious a startup is about its overall compliance.
Company policies checklist for new hires Joining Bonus Letter with Retention Clause Employee Induction Job offer email New employee announcement email New employee welcome email template New hire checklist template Onboarding checklist Welcoming New Employee
Equity Financing
Angel Investors, Self-financing, Family and Friends, Venture Capitalists, Crowd Funding, Incubators/Accelerators
Debt Financing
Banks, Non-Banking Financial Institutions, Government Loan Schemes (CGTMSE, Mudra Loan, Standup India)
Grants
Central Government, State Governments, Corporate Challenges, Grant Programs of Private Entities
Convertible Debt
SAFE Instruments
One person company (OPC) means a company formed with only one (single) person as a member, unlike the traditional manner of having at least two members.
Yes, we have a special approach for situations like this. The entire list of compliances applicable for the startup will be taken and all relevant documentations and filings shall be made under applicable laws and regulations.
We pride ourselves in the fact that we have enough experience in bringing a startup from a “non-compliant” stage to “diligence ready”.
Clicking on the Buy now button would take you to a secure payment page where you can pay through Internet banking/debit/credit cards. The payment for our services can be split into monthly, quarterly, half yearly and yearly instalments based on your convenience.
Only a natural person / Indian citizen / Person Resident in India.
Yes, we have a special approach for situations like this. The entire list of compliances applicable for the startup will be taken and all relevant documentations and filings shall be made under applicable laws and regulations.
We pride ourselves in the fact that we have enough experience in bringing a startup from a “non-compliant” stage to “diligence ready”.
A Virtual CFO shall bring in the required experience and expertise in bridging the gap between the accounts team, operations team and management team. The CFO shall put the necessary systems in place to bring in the financial discipline within your startup. This shall be useful for Private equity/Venture capital backed companies, Early stage companies and Indian subsidiaries of multi-nationals.
https://www.entrepreneurly.in/virtualcfo
Bonus Calculation Corporate Salary Slip ESOP-Scheme ITR Declaration CTC Calculator Gratuity Calculator HR Department Budget HR Payroll Roadmap HR Trainging Budget Increment calculation Salary Calculator TDS Calculator
Yes, we have a special approach for situations like this. The entire list of compliances applicable for the startup will be taken and all relevant documentations and filings shall be made under applicable laws and regulations.
We pride ourselves in the fact that we have enough experience in bringing a startup from a “non-compliant” stage to “diligence ready”.
Yes, you can re-submit the form with different plan and inform our executives either on Whatsapp or E-mail about change of plan.
Or
You can reach out to us directly on Whatsapp or E-mail asking for change of plan.
Based on the plan chosen you shall be asked to provide additional documents and charges (if any).
There are multiple sources of funding available for startups. However, the source of funding should typically match the stage of operations of the startup. Please note that raising funds from external sources is a time-consuming process and can easily take over 6 months to convert.
Ideation/Pre-Seed Stage
This the stage where you, the entrepreneur, has an idea and are working on bringing it to life. At this stage, the amount of funds needed is usually small.
Validation/Seed Stage
This is the stage where your startup has a prototype ready and you need to validate the potential demand for your startup’s product/service. This is called conducting a ‘Proof of Concept (PoC)’, after which comes the big market launch. To do this, the startup will need to conduct field trials, test the product on a few potential customers, onboard mentors, and build a formal team.
Early Traction/Series A Stage
This is the stage where your startup’s products or services have been launched in the market. Key performance indicators such as customer base, revenue, app downloads, etc. become important at this stage. Funds are raised at this stage to further grow user base, product offerings, expand to new geographies, etc.
Scaling/Series B & Above Stage
At this stage, the startup is experiencing fast rate of market growth and increasing revenues.
Initial Public Offering
Initial Public Offer (IPO) refers to the event where a startup lists on stock market for the first time. Since the public listing process is elaborate and replete with statutory formalities, it is generally undertaken by startups with an impressive track record of profits and who are growing at a steady pace. One of the benefits of an IPO is that a public listing at times can increase the credibility of the startup and be a good exit opportunity for stakeholders.
Yes, we have a special approach for situations like this. The entire list of compliances applicable for the startup will be taken and all relevant documentations and filings shall be made under applicable laws and regulations.
We pride ourselves in the fact that we have enough experience in bringing a startup from a “non-compliant” stage to “diligence ready”.
Clicking on the Buy now button would take you to a secure payment page where you can pay through Internet banking/debit/credit cards. The payment for our services can be split into monthly, quarterly, half yearly and yearly instalments based on your convenience.
Clicking on the Buy now button would take you to a secure payment page where you can pay through Internet banking/debit/credit cards. The payment for our services can be split into monthly, quarterly, half yearly and yearly instalments based on your convenience.
Bonus Calculation Corporate Salary Slip ESOP-Scheme ITR Declaration CTC Calculator Gratuity Calculator HR Department Budget HR Payroll Roadmap HR Trainging Budget Increment calculation Salary Calculator TDS Calculator
Proprietorship or Sole Proprietorship is the most simplified form of entity but not a legal entity on its own. It is one of the most popular form of entity in India as it is the most easiest form of setting up a business and falls under the category of “small enterprises”.
A private limited company lies between a partnership and widely owned public company. It is identified by the company name, number of members, formation, directors, meetings, shares, etc.
A Virtual CFO shall bring in the required experience and expertise in bridging the gap between the accounts team, operations team and management team. The CFO shall put the necessary systems in place to bring in the financial discipline within your startup. This shall be useful for Private equity/Venture capital backed companies, Early stage companies and Indian subsidiaries of multi-nationals.
https://www.entrepreneurly.in/virtualcfo
Performance Management Process Performance Review Performance Improvement Plan Performance Appraisal Letter Performance Warning Letter KRA KRA Marketing Intern Responsibilities HR Analytics Roadmap HR Workforce Planning Roadmap Performance Development Plan Template
A Virtual CFO shall bring in the required experience and expertise in bridging the gap between the accounts team, operations team and management team. The CFO shall put the necessary systems in place to bring in the financial discipline within your startup. This shall be useful for Private equity/Venture capital backed companies, Early stage companies and Indian subsidiaries of multi-nationals. https://www.entrepreneurly.in/virtualcfo
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
A Virtual CFO shall bring in the required experience and expertise in bridging the gap between the accounts team, operations team and management team. The CFO shall put the necessary systems in place to bring in the financial discipline within your startup. This shall be useful for Private equity/Venture capital backed companies, Early stage companies and Indian subsidiaries of multi-nationals.
https://www.entrepreneurly.in/virtualcfo
Once, you choose a plan:
1. You shall be asked to submit the relvant documents either on Whatsapp or E-mail as per your wish.
2. Once all the documents are received by us, you shall receive Tax computation along with payment link. You must confirm if your Tax comptation is all fine with you and provide Income tax website login credentials for filing your ITR.
3. Once you confirm your tax computation and make necessary payment according to the plan chosen, you shall receive final ITR.
Minimum of two directors is required to establish a private limited company and the maximum amount cannot exceed beyond fifteen.
OPC cannot carry on NBFC related activities.
OPC cannot acquire/invest in securities in its own name in other body corporate however member can invest in the shares of other body corporate.
OPC cannot issue or allot shares to anyone except its member.
Bootstrapping/Self-financing: Bootstrapping a startup means growing your business with little or no venture capital or outside investment. It means relying on your own savings and revenue to operate and expand. This is the first recourse for most entrepreneurs as there is no pressure to pay back the funds or dilute control of your startup.
Friends and Family: This is also a commonly utilized channel of funding by entrepreneurs still in the early stages. The major benefit of this source of investment is that there is an inherent level of trust between the entrepreneurs and the investors
Business Plan/Pitching Events: This is the prize money/grants/financial benefits that is provided by institutes or organizations that conduct business plan competitions and challenges. Even though the quantum of money is not generally large, it is usually enough at idea stage. What makes the difference at these events is having a good business plan.
Incubators: Incubators are organizations set-up with the specific goal of assisting entrepreneurs with building and launching their startups. Not only do incubators offer a lot of value-added services (office space, utilities, admin & legal assistance, etc.), they often also make grants/debt/equity investments
Government Loan Schemes: The government has initiated a few loan schemes to provide collateral-free debt to aspiring entrepreneurs and help them gain access to low-cost capital. Some such schemes include CGTMSE, MUDRA, and Stand-up India.
Angel Investors: Angel investors are individuals who invest their money into high potential startups in return for equity. Reach out to angel networks such as Indian Angel Network, Mumbai Angels, Lead Angels, Chennai Angels, etc. or relevant industrialists for this.
Crowd funding: Crowdfunding refers to raising money from a large number of people who each contribute a relatively small amount. This is typically done via online crowdfunding platforms.
Venture Capital Funds: Venture capital (VC) funds are professionally managed investment funds that invest exclusively in high-growth startups. Each VC fund has its own investment thesis – preferred sectors, stage of startup, and funding amount – which should align with your startup. VCs take startup equity in return for their investments and actively engage in mentorship of their investee startups. VC funds with larger ticket size in their investment thesis provide funding for late stage startups. It is recommended to approach these funds only after the startup has generated significant market traction. A pool of VCs may come together and fund a startup as well.
Venture Debt Funds: Venture Debt funds are private investment funds that invest money in startups primarily in the form of debt. Debt funds typically invest along with an angel or VC round.
Banks/NBFCs: Formal debt can be raised from banks and NBFCs at this stage as the startup can show market traction and revenue to validate their ability to finance interest payment obligations. This is especially applicable for working capital. Some entrepreneurs might prefer debt over equity as they debt funding does not dilute equity stake
Private Equity/Investment Firms: Private equity/Investment firms generally do not fund startups however, lately some private equity and investment firms have been providing funds for fast-growing late-stage startups who have maintained a consistent growth record.
TReDs: To decrease the financing concerns faced by MSMEs in India, RBI introduced the concept of TReDS in 2014, an institutional mechanism for financing trade receivables on a secure digital platform. Trade Receivable Exchanges such as M1xchange, standardizes the process of funding MSMEs via Invoice Discounting. TReDS addresses the gaps in MSME industry as enterprises face challenges in getting their payments on time, thus creating working capital discrepancies. TReDS is a timely and effective solution to drive the MSME sector to the next phase of Indian economy.
A Virtual CFO shall bring in the required experience and expertise in bridging the gap between the accounts team, operations team and management team. The CFO shall put the necessary systems in place to bring in the financial discipline within your startup. This shall be useful for Private equity/Venture capital backed companies, Early stage companies and Indian subsidiaries of multi-nationals.
https://www.entrepreneurly.in/virtualcfo
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
Requirements for setting up a Sole Proprietorship: 1. Place of office or business either in rented or owned property; 2. Trade mark on the name of the entity; 3. Registration under Shops and Establishment Act; 4. Registration under Goods and Services Tax (GST) Act (if exceeds limitations as per the Act); 5. Registration under Professional Tax Act (if any employees employed); 6. TAN - Tax Deduction Account Number or Tax Collection Account Number
Performance Management Process Performance Review Performance Improvement Plan Performance Appraisal Letter Performance Warning Letter KRA KRA Marketing Intern Responsibilities HR Analytics Roadmap HR Workforce Planning Roadmap Performance Development Plan Template
General Job Descriptions
Accountant
Head of Finance
Financial Controller
Investment Banker
Finance Manager
Investment Analyst
Head of Operations
Admin Head
Executive Assistant
CEO
COO
Director of Operations
Receptionist
Secretary
Office Assistant
Programme manager
Branch Manager
Operation Manager
Office Admin
Machine Learning Engineer
Lead Data Scientist
Python Developer
Senior Ruby Developer
Java Software Engineer
DevOps engineer
Technical Architect
System Administrator
Software Developer
QA Tester/Engineer
Analytics Manager
Data Architect
Software Engineer
DBA
PHP Developer
QA Engineer
Android Developer
Technical Writer
Product Manager
System Engineer
Ruby on Rails Developer
iOS Developer
UI/UX Designer
Graphic Designer
Illustrator
Visual Designer
Technical Support engineer
Customer Service Manager
Call center manager
Customer support specialist
Teacher
Instructional Designer
Retail Trainer
Technical Trainer
Corporate Trainer
Sales Coach
Training Manager
Civil Engineer
Project Engineer
Mechanical Engineer
Architect
Supervisor
CNC Operator
Machinist
Machine Operator
Production Manager
Veterinarian
Psychiatrist
Optometrist
Hair Stylist
Salon Manager
Physician
Pediatrician
Nutritionist
Physiotherapist
Nurse
Medical Representative
Lab Technician
Pharmacist
Butler
Cafe Manager
Shift Manager
Kitchen Manager
Guest Relation Officer
Restaurant Manager
Sous Chef
Pastry Chef
Chef De Partie
F & B manager
Bartender
Waiter/Waitress
Event Manager
Event Coordinator
Event Planner
Cabin Crew
Travel Agent
Flight Attendant
Ticketing Executive
Recruitment Specialist
HR & Admin Officer
Campus Recruiter
Senior HR manager
Head of HR
Hiring Specialist
Payroll Officer
Talent Acquisition Specialist
Senior HR Manager
HR Manager
Technical Recruiter
Recruitment Manager
Payroll Manager
VP of HR
Staffing Specialist
HR Business Partner
Payroll Specialist
Legal Counsel
Compliance Manager
General Counsel
Risk Manager
Purchasing OFFicer
Transportation Manager
Procurement Manager
Purchasing manager
Logistics Manager
Advertisement and circulation revenue officer Job Description
Assistant Editor job description
Business editor job description
Chief sub editor job description
Contributors job description
Digital Marketing Executive
Digital Marketing Executive job description
Editor Job description
Editor job description
Lifestyle editor job description
Managing Editor JD
Managing Editor job description
Marketing Excecutive JD
News editor job description
Normal technician
Photographer job description
Sales and Marketing Manager Job Description
Senior advisor Sales head
Senior Reporter job description
Senior Technician Maintenance Generic JD
Sports editor job description
Sub editor job description
Marketing Manager JD
LLP form is a form of business model which:
(i) is organized and operates on the basis of an agreement.
(ii) provides flexibility without imposing detailed legal and procedural requirements.
(iii) enables professional/technical expertise and initiative to combine with financial risk taking capacity in an innovative and efficient manner
Yes, a sole proprietorship can be converted into private company registration after following the companies act, 2013 procedures.
General Job Descriptions
Accountant
Head of Finance
Financial Controller
Investment Banker
Finance Manager
Investment Analyst
Head of Operations
Admin Head
Executive Assistant
CEO
COO
Director of Operations
Receptionist
Secretary
Office Assistant
Programme manager
Branch Manager
Operation Manager
Office Admin
Machine Learning Engineer
Lead Data Scientist
Python Developer
Senior Ruby Developer
Java Software Engineer
DevOps engineer
Technical Architect
System Administrator
Software Developer
QA Tester/Engineer
Analytics Manager
Data Architect
Software Engineer
DBA
PHP Developer
QA Engineer
Android Developer
Technical Writer
Product Manager
System Engineer
Ruby on Rails Developer
iOS Developer
UI/UX Designer
Graphic Designer
Illustrator
Visual Designer
Technical Support engineer
Customer Service Manager
Call center manager
Customer support specialist
Teacher
Instructional Designer
Retail Trainer
Technical Trainer
Corporate Trainer
Sales Coach
Training Manager
Civil Engineer
Project Engineer
Mechanical Engineer
Architect
Supervisor
CNC Operator
Machinist
Machine Operator
Production Manager
Veterinarian
Psychiatrist
Optometrist
Hair Stylist
Salon Manager
Physician
Pediatrician
Nutritionist
Physiotherapist
Nurse
Medical Representative
Lab Technician
Pharmacist
Butler
Cafe Manager
Shift Manager
Kitchen Manager
Guest Relation Officer
Restaurant Manager
Sous Chef
Pastry Chef
Chef De Partie
F & B manager
Bartender
Waiter/Waitress
Event Manager
Event Coordinator
Event Planner
Cabin Crew
Travel Agent
Flight Attendant
Ticketing Executive
Recruitment Specialist
HR & Admin Officer
Campus Recruiter
Senior HR manager
Head of HR
Hiring Specialist
Payroll Officer
Talent Acquisition Specialist
Senior HR Manager
HR Manager
Technical Recruiter
Recruitment Manager
Payroll Manager
VP of HR
Staffing Specialist
HR Business Partner
Payroll Specialist
Legal Counsel
Compliance Manager
General Counsel
Risk Manager
Purchasing OFFicer
Transportation Manager
Procurement Manager
Purchasing manager
Logistics Manager
Advertisement and circulation revenue officer Job Description
Assistant Editor job description
Business editor job description
Chief sub editor job description
Contributors job description
Digital Marketing Executive
Digital Marketing Executive job description
Editor Job description
Editor job description
Lifestyle editor job description
Managing Editor JD
Managing Editor job description
Marketing Excecutive JD
News editor job description
Normal technician
Photographer job description
Sales and Marketing Manager Job Description
Senior advisor Sales head
Senior Reporter job description
Senior Technician Maintenance Generic JD
Sports editor job description
Sub editor job description
Marketing Manager JD
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
LLP form is a form of business model which:
(i) is organized and operates on the basis of an agreement.
(ii) provides flexibility without imposing detailed legal and procedural requirements.
(iii) enables professional/technical expertise and initiative to combine with financial risk taking capacity in an innovative and efficient manner
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
One most important feature of OPC is that the risks mitigated are limited to the extent of the value of shares held by such person in the company.
Yes, you can write to us or explain to our Team with your specific requirements. We will get back to you at the earliest with tailormade package to suit your requirements.
The entrepreneur must be willing to put in the effort and have the patience that a successful fund-raising round requires. The fund-raising process can be broken down into the following steps:
Assessing Need for Funding:
The startup needs to assess why the funding is required, and the right amount to be raised. The startup should develop a milestone-based plan with clear timelines regarding what the startup wishes to do in the next 2, 4, and 10 years. A financial forecast is a carefully constructed projection of company development over a given time period, taking into consideration projected sales data, as well as market and economic indicators. The cost of Production, Prototype Development, Research, Manufacturing etc should be planned well. Basis this, the startup can decide what the next round of investment will be for.
Assessing Investment Readiness:
While it is important to identify your requirement of funding, it is also equally important to understand if your startup is ready to raise funds. Any investor will take you seriously if they are convinced about your revenue projections and their returns. Investors are generally looking for the following in potential investee startups:
Revenue growth and market position
Favourable return on investment
Time to break-even and profitability
Uniqueness of the startup and competitive advantage
The entrepreneurs’ vision and future plans
Reliable, passionate, and talented team
Preparation of Pitchdeck:
A pitchdeck is a detailed presentation about the startup outlining all important aspects about the startup. Here is what you need to include in your pitchdeck
Investor Targeting:
To target the right set of investors, it is necessary to research their past investments in the market and speak with entrepreneurs who have successfully raised equity funding. This exercise will help you:
Identify active investors
Their sector preferences
Geographic location
Average ticket size of funding and
Level of engagement and mentorship provided to investee startups
Pitching events offer a good opportunity to interact with potential investors in-person. Pitchdecks can be shared with Angel Networks and VCs on their contact email IDs. Response time can be easily more than a month – rejection communication is not typically shared.
Due Diligence by Interested Investors
Angel networks and VCs conduct a thorough due diligence of the startup before finalizing any equity deal. They look at the startup’s past financial decisions and the team’s credentials as well as background. This is done to ensure that the startup’s claims regarding the growth and market numbers can be verified as well as to ensure that the investor is able to identify any objectionable activities beforehand. If the due diligence is a success, the funding is finalized and completed on mutually agreeable terms.
LLP form is a form of business model which:
(i) is organized and operates on the basis of an agreement.
(ii) provides flexibility without imposing detailed legal and procedural requirements.
(iii) enables professional/technical expertise and initiative to combine with financial risk taking capacity in an innovative and efficient manner
GST stands for Goods and Services Tax. GST will be a single destination based consumption tax that will replace existing taxes, including CENVAT, Octroi, Sales Tax, and Excise Duty, etc. Unlike the old tax structure, where the state of origin received tax revenue, in the new GST model the state in which goods and services are consumed is the state that will receive the revenue.
In case if you have missed out making payment after confirming your tax computation, our executives shall reach out to you asking to make payment.
In case, even after our executive reaching out to you if payment is not made, your ITR may not be processed and would be put on hold until payment for the same is made.
Yes, a private company is allowed to have foreign direct investment in their company.
As per section 134, annexure to Directors Report should be sign in same manner as Directors Report is signed. Therefore, same person who have signed the Directors report have to sign annexure of Directors Report.
As per Companies Act, 2013, Annual General Meeting of Company can’t be held through Video Conferencing. It can be held only as physical meeting.
We understand the list of documents could contain few terms which you may have not heard before, no need to worry we have got you covered.
For any queries relating to anything related on the form you can reach us either by messaging us on Whatsapp or E-mail.
We shall respond as early as possible.
A Partnership Firm is a traditional form of business structure for businesses that are owned, managed and controlled by an Association of People for profit and liability is shared among all the Partners. Partnership Firms are relatively easy to start and is prevalent amongst small and medium sized businesses.
OPC is a separate legal entity, while sole proprietorship is not.
OPC has limited liability on the director, unlike proprietorship.
OPC has perpetual succession, which is not in proprietorship.
Any loan taken is not responsibility of the owner in case of OPC, but its owner's direct responsibility in case of OPC.
While proprietorship is not needed to be registered, OPC needs to.
Accounting is the system of recording financial transactions with both numbers and text in the form of financial statements. It provides an essential tool for billing customers, keeping track of assets and liabilities (debts), determining profitability, and tracking the flow of cash. The system is largely self-regulated and designed for the users of financial information, who are referred to as stakeholders: business owners, lenders, employees, managers, customers, and others. Stakeholders utilise financial statements to help make business, lending, and investment decisions.
The ‘supply’ of goods and/or services to any person or entity in India.
Under “traditional partnership firm”, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner.
Under LLP structure, liability of the partner is limited to his agreed contribution. Further, no partner is liable on account of the independent or un-authorized acts of other partners, thus allowing individual partners to be shielded from joint liability created by another partner’s wrongful acts or misconduct.
Under “traditional partnership firm”, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner.
Under LLP structure, liability of the partner is limited to his agreed contribution. Further, no partner is liable on account of the independent or un-authorized acts of other partners, thus allowing individual partners to be shielded from joint liability created by another partner’s wrongful acts or misconduct.
Under “traditional partnership firm”, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner.
Under LLP structure, liability of the partner is limited to his agreed contribution. Further, no partner is liable on account of the independent or un-authorized acts of other partners, thus allowing individual partners to be shielded from joint liability created by another partner’s wrongful acts or misconduct.
A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 1956) whereas for an LLP it would be by a contractual agreement between partners.
• The management-ownership divide inherent in a company is not there in a limited liability partnership.
• LLP will have more flexibility as compared to a company.
• LLP will have lesser compliance requirements as compared to a company.
You can request for refund by sending us an E-mail at business@entrepreneurly.in . However, please note the below refund policy:
In case of any plan (including all the plans for filing ITR) chosen by you for filing of Income Tax Return (ITR), provision for refund under following situations shall include:
(i) You have approved Tax computation received by us and payment has been made for the same:
-ITR is processed by us - No refund will be provided;
-ITR is not processed by us:
1) In case you have made double payment - Refund for that double payment shall be provided (provided if the same is reflected in our Bank account);
2) In any other case- No refund will be provided;
(ii) Tax computation for your ITR is sent by us but not approved by you and payment has been made for the same - No refund shall be provided.
(iii) In any other case and payment has been made for the same:
-Request for refund is placed within 24 hours from placing an order;
-Before the date and time of Tax computation is processed and sent from our end;
(whichever is earlier)
(iv) If You are unhappy with a service being sold on Our Website, You may request a refund:
We will make reimbursements for returns without undue delay, and not later than 30 days after the day we received your request for refund.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of the reimbursement.
The sale, transfer, barter, exchange, license, rental, lease or disposal etc., of goods and services.
1. States the financial position of the business. 2. Ascertainment of profit or loss during a period. 3. Helps in better financial and internal control of the organisation. 4. Helps in decision making. 5. Accounting records are evidence of acts. 6. Collection and payment of cash. 7. Accounting helps in obtaining loans for business. 8. It help for investors, government and others.
As per Companies Act, 2013, Financial statement of Company can be approve in the meeting of board of Directors held through Video conferencing, Provided physical quorum of Board Meeting should be present at the place of meeting.
A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 1956) whereas for an LLP it would be by a contractual agreement between partners.
• The management-ownership divide inherent in a company is not there in a limited liability partnership.
• LLP will have more flexibility as compared to a company.
• LLP will have lesser compliance requirements as compared to a company.
It provides creditability to business in the eyes of financial institutions, suppliers and potential clients. As it makes easier for companies to get loans at favorable terms from banks or convincing potential clients while entering into deals.
Types of Partnership Firm:
1. A partnership can be on the basis of Oral Partnership (not registered) 2. A partnership through written agreement and registered with Registrar of Firms (RoF)
A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 1956) whereas for an LLP it would be by a contractual agreement between partners.
• The management-ownership divide inherent in a company is not there in a limited liability partnership.
• LLP will have more flexibility as compared to a company.
• LLP will have lesser compliance requirements as compared to a company.
As per Section 22 of Posh Act, every company on which Posh act applicable need to give disclosure about compliance of provisions of POSH Act in Directors Report.
As per Section 134, Directors report shall be prepare on the basis of Standalone financial statement only.
Persons, who subscribed to the “Incorporation Document” at the time of incorporation of LLP, shall be partners of LLP. Subsequent to incorporation, new partners can be admitted in the LLP as per conditions and requirements of LLP Agreement.
Any individual can become a shareholder in a private limited company. For becoming a director in a company, no professional or educational qualification is required.
Persons, who subscribed to the “Incorporation Document” at the time of incorporation of LLP, shall be partners of LLP. Subsequent to incorporation, new partners can be admitted in the LLP as per conditions and requirements of LLP Agreement.
Persons, who subscribed to the “Incorporation Document” at the time of incorporation of LLP, shall be partners of LLP. Subsequent to incorporation, new partners can be admitted in the LLP as per conditions and requirements of LLP Agreement.
As per Section 44AA of Income Tax Act, 1961 following persons are required to maintain books of accounts: 1. Every Person (includes all types of Entities) carrying on: Legal; Medical; Engineering; Architectural Profession; Accountancy; Technical Consultancy;
Interior Decoration; or Any other profession as notified. And / Or 2. Every Person (includes all types of Entities) carrying on Business or Profession (excluding mentioned in above point) having: 1. Income from business or profession exceed ₹ 1,20,000 (if Individual or HUF ₹ 2,50,000); OR 2. Total sales, turnover or gross receipts exceed ₹ 10,00,000 (if Individual or HUF ₹ 25,00,000) in any one of the three years prior to current year; OR 3. Newly setup business or profession if: 1. Income exceeds ₹ 1,20,000 (if Individual or HUF ₹ 2,50,000); OR 2. Turnover or gross receipts is likely to exceed ₹ 10,00,000 (if Individual or HUF ₹ 25,00,000) in such year;
As per section 92 all the companies have to prepare MGT-9 for the f.y. ended 31.03.2019.
Requirements for setting up a Sole Proprietorship:
1. Partnership deed
2. Registration under Registrar of Firms (RoF) 3. PAN - Permanent Account Number of the firm 4. TAN - Tax Deduction Account Number or Tax Collection Account Number of the firm 5. Registration under Shops and Establishment Act 6. Registration under Goods and Services Tax (GST) Act (if exceeds limitations as per the Act) 7. Registration under Professional Tax Act (if any employees employed)
CGST: Central Goods and Services Tax, paid on all transactions, collected by the Center
SGST: State Goods and Services Tax, paid on all transactions within a State, collected by the States ;
IGST: Integrated Goods and Services Tax, paid on all inter-state transactions, or import of goods into India, collected by the Center.
As per section 134 every company having website need to upload its MGT-7 (Annual Return) on website of the Company and link of same publication need to give in Directors Report.
Once you go on the checkout page, you have to enter your email ID and Phone Number and other details (This will create your new account) proceed with Checkout and you will get a download link on the last page of checkout. You can come back to this website and redownload the file if required, Remember the user-ID and Password you used to create the account.
As per provisions of Secretarial Standard 1, every company on need to give disclosure about compliance of Secretarial Standards in Directors Report.
Once you go on the checkout page, you have to enter your email ID and Phone Number and other details (This will create your new account) proceed with Checkout and you will get a download link on the last page of checkout. You can come back to this website and redownload the file if required, Remember the user-ID and Password you used to create the account.
1. Ability to file case against Third Parties 2. Power to file suit against co-partners 3. Ability to claim set off, if any against the claim of third party
4. Higher Credibility and recognition in the market 5. Easy to convert into different form of entity such as Limited Lability Partnership or Company
If the Assessee or business entity fails to maintain accounting records as per the requirements of Section 44AA, a penalty may be levied under section 271A. However, the maximum penalty that can be charged is limited up to ₹ 25,000.
At Entrepreneurly.in, we take privacy very seriously. We’ve updated our privacy policy to ensure that we communicate to You, in the clearest way possible, how we treat personal information. We encourage You to read this Policy carefully. It will help You make informed decisions about sharing Your personal information with us.
We do not disclose any nonpublic, personal information. We will NOT release any information pertaining to you to other. We give users consent over how their personal info be used. We remove names upon request.
Our sound technology practices ensure a highly secure environment for all your personal data and documents shared.
At Entrepreneurly.in, we take privacy very seriously. We’ve updated our privacy policy to ensure that we communicate to You, in the clearest way possible, how we treat personal information. We encourage You to read this Policy carefully. It will help You make informed decisions about sharing Your personal information with us.
We do not disclose any nonpublic, personal information. We will NOT release any information pertaining to you to other. We give users consent over how their personal info be used. We remove names upon request.
Our sound technology practices ensure a highly secure environment for all your personal data and documents shared.
Once you go on the checkout page, you have to enter your email ID and Phone Number and other details (This will create your new account) proceed with Checkout and you will get a download link on the last page of checkout. You can come back to this website and redownload the file if required, Remember the user-ID and Password you used to create the account.
No, GST is a consumption based tax. Because the place of consumption is outside India there is no GST on exported goods and services.
At Entrepreneurly.in, we take privacy very seriously. We’ve updated our privacy policy to ensure that we communicate to You, in the clearest way possible, how we treat personal information. We encourage You to read this Policy carefully. It will help You make informed decisions about sharing Your personal information with us.
We do not disclose any nonpublic, personal information. We will NOT release any information pertaining to you to other. We give users consent over how their personal info be used. We remove names upon request.
Our sound technology practices ensure a highly secure environment for all your personal data and documents shared.
Once you make the payment you get logged in to your dashboard. You can download HR documents by clicking on the document’s name and these documents will be with you for a lifetime.
Yes, every transaction of supply in India will either be subject to: CGST and SGST OR IGST Unless the good or service is exempt
Once you make the payment you get logged in to your dashboard. You can download HR documents by clicking on the document’s name and these documents will be with you for a lifetime.
As per Section 139(1), auditor of company can be appointing till 6th AGM of the Company. Therefore, Auditor can be appointing for minimum or maximum 5 years.
Once you make the payment you get logged in to your dashboard. You can download HR documents by clicking on the document’s name and these documents will be with you for a lifetime.
Proxy shall not be count for quorum.
Yes, Just click on this link to download sample files
PAN is mandatory to apply for GST registration.
Yes, Just click on this link to download sample files
Yes, Just click on this link to download sample files
All our documents are as per https://www.mhrd.gov.in/ standards. They are as per the Indian employment laws and guidelines.
Before enrolling with the GST Common Portal, you must ensure to have the following information:
· Provisional ID received from State/ Central Authorities
· Password received from the State/ Central Authorities
· Valid E-mail Address
· Valid Mobile Number
· Bank Account Number
· Bank IFSC
All our documents are as per https://www.mhrd.gov.in/ standards. They are as per the Indian employment laws and guidelines.
All our documents are as per https://www.mhrd.gov.in/ standards. They are as per the Indian employment laws and guidelines.
Absolutely yes, You will get 25 + Covid-19 documents & 20+ Safety Signages to make your workplace safe.
Absolutely yes, You will get 25 + Covid-19 documents & 20+ Safety Signages to make your workplace safe.
Yes, stock transfers between two states within the same organization will trigger GST.
Absolutely yes, You will get 25 + Covid-19 documents & 20+ Safety Signages to make your workplace safe.









