Frequently Asked Questions

The short name of “Frequently Asked Questions” is FAQ. The public can ask any question. The authorities asks many such questions. We have consolidated the Frequently Asked Questions. All FAQ are answered by our CEO. .

Frequently Asked Questions
“Raminder Singh Sahota”

Frequently Asked Questions

Question-1: Can there be more than one registered office of Company in one room.

Answer-1: Yes. If all the companies can maintain their evidence of living in that office by receipt of mail and notices.

Question-2: What will be evidence of living in that office.

Answer-2: You must have rent agreement on payment of any amount and should have filed that address with the ROC in time.

Question-3: How can many company office personnel work in one office.

Answer-3: The Company itself do not work, their employee or representative works. If many companies authorize one person, that authorized person becomes eligible to work in the office.

Question-4: How can one person receive mail and notices on behalf of many companies legally.

Answer-4: Yes. One person can initial or sign as Authorized Representative with the rubber stamp of respective many companies at one office.

Question-5: How can you prove registered office of all these companies exist at your office.

Answer-5: Yes. By PAN and Certificate of Incorporation or RC (Registration Certificate)

Question-6: The question still arises how the work of so many companies will go on by having their one office.

Answer-6: It will go on by working from home or digitally or through agents like amazon by the owners of the company. It is not essential that only the owners have to work from their office.

Question-7: See, it is possible in case of persons living at one room or house when they are working in different offices but the company will legally prove it.

Answer-7: The proof of many persons working at different places but living in one house is the Aadhar Card and PAN. An individual is separate person from one another and living at same house.

Question-8: The individual can really do it because they are living persons. They have their birth certificate and can live till they die as residents. But how can the companies do it.

Answer-8: The companies also have their own birth Certificate of Incorporation or Registration Certificate and also their own PAN. So the company is also a resident. Company also pays taxes like individuals. Companies also die by dissolution like death of Individual. The Company is “artificial juridical person”. A company can sue and be sued.

Question-9: Is there any refund policy ? If we use the virtual office only for 6 months or do not require your facility after 6 month and want our balance amount to be returned to us, will you refund the amount like other companies do the refunds.

Answer-9: We do no have any such policy and do not intend to make any such policy even in future also.

Question-10: If we have paid for one year but changed the name of the company or replaced the name of a partner or a Director or Signatory. Will you accept the change or we have to take another suite for it ?

Answer-10: If only one particular is changed, we shall allow in exceptional circumstances in the same suite. It means, if the name of Signatory is changed, Name of Partner or Director is changed. We will also allow if the name of the Company or Partnership firm is changed legally. But just replacing other company is not acceptable to us.

Is it possible to convert an opc to a proprietorship company?क्या OPC को एक प्रोप्राइटरशिप कंपनी में बदलना संभव है?

As per my knowledge and opinion it will not be possible

Others FAQ
1. What is included in the monthly accounting package?

Account maintain monthly / GST Bookkeeping / Digital Tax Payment

2. What is included in the monthly accounting package?(अकाउंटिंग पैकेज में क्या-क्या इंक्लूड होता है)

P&L Account and  Balance sheets / GST Bookkeeping / GST Return Filing/ Reconciliation/Digital Tax Payment 

3. Which documents have requirements for the balance sheet?बैलेंस शीट के लिए कौन कौन से डॉक्यूमेंट की रिक्वायरमेंट होती है

Bank statements,Assets and liabilities details,Income and expenses details,Loan and and advances details

4. Income tax returns are included in the accounting package or not (आयकर रिटर्न लेखांकन पैकेज में शामिल हैं या नहीं)

NO

5. In Order Profit And Loss Account And Balance Sheet Include CA Certification or not ?(आदेश लाभ और हानि खाते और बैलेंस शीट में CA प्रमाण शामिल है या नहीं)

Not

6. If only the balance sheet has to be certified then which order will have to be purchased?

You can buy an order (CA Certification of Balance Sheet) based on turnover. 

7. CA certified is also included in the accounting package or not (सीए प्रमाणित भी लेखांकन पैकेज में शामिल है या नहीं)

No

8. What do you provide in a private limited company?

Memorandum of association(MoA), Article of association (AoA), Incorporation of certificate (IOC), 2 directors Director identification number (DIN),Tax Deduction Account Number(TAN), Permanent account number (PAN)

9. What is a certified balance sheet?प्रमाणित बैलेंस शीट क्या है?

A certified financial statement is a financial document, such as an income statement, cash flow statement, or balance sheet that has been audited and signed-off by an accountant.एक प्रमाणित वित्तीय विवरण एक वित्तीय दस्तावेज है, जैसे कि आय विवरण, नकदी प्रवाह विवरण, या बैलेंस शीट जो लेखाकार द्वारा लेखा परीक्षित और हस्ताक्षरित है।

How much duration does it take to form a private limited company? (निजी लिमिटेड कंपनी बनाने में कितना समय लगता है?)

Under normal circumstances, once all the relevant documents are submitted with the respective register of companies (RoC). a company can start its operation within 20/25 days in case there are any rejections(with respect to name etc.) or other query raised by RoC then it may get delayed.सामान्य परिस्थितियों में, एक बार सभी संबंधित दस्तावेज कंपनियों के संबंधित रजिस्टर (आईओसी) के साथ प्रस्तुत किए जाते हैं। एक कंपनी 20/25 दिनों के भीतर अपना परिचालन शुरू कर सकती है, अगर कोई अस्वीकृति (नाम आदि के संबंध में) या आईओसी द्वारा उठाए गए अन्य प्रश्न हैं तो इसमें देरी हो सकती है।

What are the minimum and maximum numbers of directors a company can have?(किसी कंपनी के निदेशक की न्यूनतम और अधिकतम संख्या क्या हो सकती है?)

In case of public company minimum directors are 3 and in case of private companies it is two. Maximum directors in case of public 12 and in case of private limited company are prescribed by articles of association.सार्वजनिक कंपनी के मामले में न्यूनतम निदेशक 3 हैं और निजी कंपनियों के मामले में यह दो है। सार्वजनिक 12 के मामले में और निजी लिमिटेड कंपनी के मामले में अधिकतम निदेशक एसोसिएशन के लेख द्वारा निर्धारित किए जाते हैं।

In order to fulfill the requirements of minimum two directors( in case of private limited company), can I introduce myself as a post relative as my business partner?(न्यूनतम दो निदेशकों (निजी लिमिटेड कंपनी के मामले में) की आवश्यकताओं को पूरा करने के

Yes.

What is the maximum requirement of a director of pvt ltd company?(प्राइवेट लिमिटेड कंपनी के निदेशक की अधिकतम आवश्यकता क्या है?)

  No LIMIT    

DSC necessary for the company?(DSC कंपनी के लिए आवश्यक है?)

  Yes.    

DIN of all directors of the company is necessary?(कंपनी के सभी निदेशकों का डीआईएन आवश्यक है

Yes.

How many directors should be in an OPC Company?(OPC कंपनी में कितने डायरेक्टर होने चाहिए?)

One director

DSC required in LLP Company is necessary?(LLP कंपनी में डीएससी आवश्यक है?)

Yes

What is the minimum capital requirement of an OPC Company?(OPC कंपनी की न्यूनतम पूंजी की आवश्यकता क्या है?)

1lak

What is the minimum requirement of capital of LLP Company?(LLP कंपनी की पूंजी की न्यूनतम आवश्यकता क्या है?)

1lak

I want to start a company where I can sale some spices and coffee so what would I register and how will I register?(मैं एक कंपनी शुरू करना चाहता हूं, जहां मैं कुछ मसाले और कॉफी बेच सकता हूं, तो मैं क्या पंजीकृत करूंगा और कैसे पंजीकरण करूंगा?)

You can register your business as a sole proprietorship form in the beginning and then business will grow. Think about formation of a company if you want to register a proprietorship firm you can apply for a shop act license with the government as State wise.आप अपने व्यवसाय को शुरुआत में एकमात्र स्वामित्व के रूप में पंजीकृत कर सकते हैं और फिर व्यवसाय बढ़ेगा। एक कंपनी के गठन के बारे में सोचें यदि आप एक प्रोपराइटरशिप फर्म को पंजीकृत करना चाहते हैं तो आप राज्य के रूप में सरकार के साथ दुकान अधिनियम लाइसेंस के लिए आवेदन कर सकते हैं।

Is it possible to convert an opc to a proprietorship company?क्या OPC को एक प्रोप्राइटरशिप कंपनी में बदलना संभव है?

As per my knowledge and opinion it will not be possible

Sir I am planning for a salon services and IT services business can I create one private limited company which can take care of both ? or need to create two different companies.सर मैं एक सैलून सेवाओं और आईटी सेवाओं के व्यवसाय के लिए योजना बना रहा हूं

I would advise you to create two different companies for two different objects. मैं आपको दो अलग-अलग ऑब्जेक्ट के लिए दो अलग-अलग कंपनी बनाने की सलाह दूंगा

How to start a car and company in LLP with LLP is it possible to open branches across South India?LLP के साथ एलएलपी में कार और कंपनी कैसे शुरू करें क्या दक्षिण भारत में शाखाओं खोलना संभव है?

Yes.

Hi sir can you tell me whether I can start private limited companies in the same address?हाय सर क्या आप मुझे बता सकते हैं कि क्या मैं एक ही पते पर निजी सीमित कंपनियाँ शुरू कर सकता हूँ?

Yes the previous company shall provide NOC to new company for using the same office address.हां, पिछली कंपनी उसी कार्यालय के पते का उपयोग करने के लिए नई कंपनी को एनओसी प्रदान करेगी  

I got my company form in February 2019 and opened the current account also but did any business transaction last year do I need to file for the same ?मैंने फरवरी 2019 में अपनी कंपनी का फॉर्म प्राप्त किया और चालू खाता भी खोल दिया लेकिन क्या पिछले साल

You need to file an income tax return every year when the company is active.

What is the AoA? AoA क्या है?

Article of association contain rules and regulation governing the internal management of the company it is a minding contact between company and its member defining his rights and duties.संघ के अनुच्छेद में कंपनी के आंतरिक प्रबंधन को नियंत्रित करने वाले नियम और विनियमन शामिल हैं, यह कंपनी और उसके सदस्य के बीच अपने अधिकारों और कर्तव्यों को परिभाषित करने वाला एक मनोदशा संपर्क है।

How much government fees do I need to pay in order to form a private limited company?प्राइवेट लिमिटेड कंपनी बनाने के लिए मुझे कितनी सरकारी फीस देनी होगी?

In case of private limited company the government fees is based upon the authorised capital of the company and the fee structure is provided by the government 

What is the Din? Director identification number(DIN)क्या है?

Director identification number is a unique identification number issued by the ministry of corporate affairs for an existing director or a person intending to become a director of a company?निदेशक पहचान संख्या एक मौजूदा निदेशक या किसी कंपनी के निदेशक बनने के इच्छुक व्यक्ति के लिए कॉर्पोरेट मामलों के मंत्रालय द्वारा जारी एक विशिष्ट पहचान संख्या है?

What is the MoA? MoA क्या है?

Memorandum of association covers fundamental provision of the companies constitution it covers main object and other object of the company.समझौता ज्ञापन में कंपनियों के मौलिक प्रावधान को शामिल किया गया है, जिसमें यह मुख्य उद्देश्य और कंपनी के अन्य उद्देश्य शामिल हैं

What is the benefit of LLP?एलएलपी का क्या लाभ है

As a company or partnerships can work both ways there will be a limited limit of liability. There is less charging in the comparison of private limited companies.एक कंपनी या साझेदारी दोनों तरीकों से काम कर सकती है क्योंकि देयता की एक सीमित सीमा होगी। निजी लिमिटेड कंपनियों की तुलना में कम चार्ज है।

What is a Limited Liability Partnership? Limited Liability Partnership क्या है?

A Limited Liability Partnership is a business incorporated at Companies House consisting of two or more persons who share the profits of that entity. Limited Liability Partnership दो या अधिक व्यक्तियों से मिलकर कंपनी हाउस में शामिल एक व्यवसाय है जो उस इकाई के मुनाफ़े को साझा करता है।

What is ITR?

Income Tax Return is the form in which assessee files information about his Income and tax thereon to Income Tax Department.

How many types of ITR are there?

There are seven types of ITR. forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7.

Which ITR form need to fill for salaried person?

The basic ITR form for most salaried people is ITR-1. The new ITR-1 form is applicable for salaried individuals with total income up to Rs 50 lakh from salary, one house property, and other sources such as interest income, etc

What is meant by CA certification of ITR on CRM portal?

its mean ca certified itr.

Where do you get Form 26?

You can download after login on income tax side.

Who files itr1 ?

For Individuals being a Resident (other than Not Ordinarily Resident) having Total Income upto Rs.50 lakhs, having Income from Salaries, One House Property, Other Sources (Interest etc.), and Agricultural Income upto Rs.5 thousand(Not for an Individual who is either Director in a company or has invested in Unlisted Equity Shares)

Where can I get Form 16?

Form 16 will be received from your employer.

What documents should be required to file ITR.

You can see on CRM portal.

How do i have to make itr correction on CRM portal?

You can login CRM portal and go to package-mention ITR in search tab and select itr correction.

Who files itr2?

For Individuals and HUFs not having income from profits and gains of business or profession

Who files itr3?

For individuals and HUFs having income from profits and gains of business or profession

Who files itr4?

For Individuals, HUFs and Firms (other than LLP) being a Resident having Total Income upto Rs.50 lakhs and having income from Business and Profession which is computed under sections 44AD, 44ADA or 44AE

Who files itr5?

For persons other than:- (i) Individual, (ii) HUF, (iii) Company and (iv) Person filing Form ITR-7

Who files itr6?

For Companies other than companies claiming exemption under section 11

Who files itr7?

For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D

What is FSSAI?

Food Safety and Standards Authority of India is an autonomous body established under the Ministry of Health & Family Welfare, Government of India. The FSSAI has been established under the Food Safety and Standards Act, 2006, which is a consolidating statute related to food safety and regulation in India

How Many Types of FSSAI registration/license?

There are three Types of FSSAI/ Food Licence. 1.FSSAI Basic License. 2.FSSAI State License. 3.FSSAI Central License.

What are the Required documents for FSSAI Registration/Licence?

Here is the Documents list of FSSAI Registration/Licence:- (Pan Card & Aadhar Card) (Mobile Number & Email ID) (Nature Of Business) (Declaration Letter) GST Certificate (if Register)) Photo (Proprietor) (Address Proof)

What is the Government Fees of FSSAI registration/license for Basic Licence?

Kindly check Below Given Link:- https://foodlicensing.fssai.gov.in/index.aspx

Why do we need FSSAI Licence?

As per the act, it is necessary to get an FSSAI Registration and license for a person to start a food business. Thus FSSAI license is needed for all activities linking to the manufacture, process, storage, packaging, and distribution of food.

What is the Minimum turnover for FSSAI licence?

The FSSAI Registration is however issued by the State Government. Depending upon the eligibility, an FBO can thus fall under the State or Registration license. It is thus mostly for the units having an annual turnover which is up to 12 lakh.

Please contact us if you are having any other valuable frequently asked question. 

 

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