Posts

Showing posts from September, 2020

Accounting Mistakes done by Pvt Ltd Company Registration

Image
For any new company registration or new Pvt Ltd Company Registration, their long term growth depends on how they manage their Accounts at this stage. And no, we are not stretching by suggesting so and we are speaking this with full responsibility. To grow big. Company registration needs fund which is next to impossible if your accounting is not upto the mark. Some of the common accounting and bookkeeping mistakes made by owners of new company registration are: Show Lesser Revenue than actual to save GST: We have seen many entrepreneur who show lesser revenue as they want to save on GST Return. Well, never be pound foolish and penny wise. Never show lesser revenue than actual as Revenue clocked by your company registration is actually the most important thing which anyone sees about your company. Not building Assets when possible: If you are buying a TV or a Laptop or a Car which will be sued for your Company purpose, book the same as Assets for your company registration. Everyone ...

How much time it takes to register a Pvt Ltd Company

Image
Many entrepreneurs/to be entrepreneurs are in a hurry to start a private limited company registration as soon as they get an idea. And we do not blame them as after having a great business idea and having the ground work ready, we cannot expect founders of new company registration to be patient. Also, to start your new business registration, registration of pvt limited company is the first step in new business set-up process and all next steps like bank account opening, trademark registration, gst registration, fssai registration etc. can happen only after private limited company registration. Many entrepreneur thinks that private limited company registration happens in 1-2 days as there has been some of the notification from government mentioning instant company opening.  Due to this founders of new company registration delays the process of pvt ltd companyregistration which eventually gets delayed by 1-2 weeks and all the subsequent activities suffer. We have seen many entrep...