XBRL stands for eXtensible Business Reporting Language. XBRL is a tool which helps in analyzing all financial & other technical data in a systematic manner. It’s benefits are seen in automation, cost saving, faster, more reliable and more accurate handling of data, improved analysis and in better quality of information and decision making. XBRL filing […]
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Public limited Company is the only corporate form of organization which is allowed to raise funds from general public, thereby widening the shareholder base and spreading risk.Even a closely held Company can operate as a Public Company without diluting promoter’s stake.Banks and financial institutions may be more willing to extend finance to such companies. Public […]
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LLP is a business structure which offers almost all the advantages of a partnership and at the same time mitigates the disadvantages of a traditional Partnership to a large extent. LLP is better than Partnership because there is no limit to the number of partners, it is a body corporate having separate legal entity, the […]
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One Person Company (OPC) is a business entity in which there is only one owner with limited liabilities who can act both as a shareholder as well as the director. The concept of OPC is basically to promote business enterprises that are owned and managed by a single entrepreneur. The OPC business helps Startup Entrepreneurs […]
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A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Every limited liability partnership shall have at least two designated partners who are individuals and at least one of them shall be a resident in India. It is considered easier to set […]
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Private Limited Company is a separate legal business entity with limited liability. It is the most popular legal structure. It can have a minimum of two members and a maximum of fifty members. It enjoys better avenues for borrowing of funds, limits the liabilities of its shareholders to the extent of unpaid shares and best […]
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