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What is the Subscription Clause under MOA?

  All you need to know about the Subscription Clause under MOA Table of Content Introduction What is the Subscription clause? Who is a subscriber? What is a Subscriber Sheet? NRI and international customers Modifying the subscription clause Conclusion Introduction A subscription clause is one of the necessary clauses of a memorandum of association. Every company is an artificial person governed by the terms of its articles of association and memorandum of association. Companies benefit from continuous succession as a result. This means that the company will continue to exist even if its owners, members, etc. change. In this article we will discuss all about the Subscription Clause under MOA. What is the Subscription clause? The sixth and last primary  clause of the memorandum of association  is the subscription clause. The information about the company’s initial subscribers is provided in this clause. Their names, signatures, residences, and other facts are included. The “subscription

What is an LLC Reinstatement?

  A Guide to LLC Reinstatement Table of Content Introduction What is an LLC Reinstatement? Points to be taken care to reinstate an LLC How to Reinstate an LLC or Corporation? Conclusion Introduction An LLC that has been revoked or administratively dissolved must be given active status in order to be reinstated. Reinstating an LLC (Limited Liability Company) is recommended if the company has a large client base or important intellectual property. The state may administratively dissolve or revoke a company’s license if it has a long enough record of poor standing. The thorough information in this article will help you know more about LLC Reinstatement. What is an LLC Reinstatement? The term “reinstatement” refers to recovering an  LLC  or company to good standing with the state where it was created or registered to conduct business. A business entity may be administratively dissolved or suspended by the state if it is behind on franchise taxes and annual reports. The only option to reest

What are the differences between Trademark Registration and Registered?

  All about the differences between Trademark Registration and Registered Table of Content Introduction What is a Trademark(TM)?   What is a Registered Trademark (R)? What are the differences between ‘TM’ and ‘R’? Conclusion Introduction The Trade Marks Act, 1999 is responsible for managing trademarks in India. It is used to denote the existence of a brand or a logo that may be utilized to differentiate one’s product and services from those offered by others in the market.  Trademark registration  provides protection against others using the same brand. A registered trademark is a valuable concept used to safeguard a business’s investment in its name or logo. There are significant differences between the ‘TM’ and ‘R’ symbols which are discussed in this article. What is a Trademark(TM)?   The term Trademark is the legal term for “Intellectual Property”. The Dictionary meaning states it as a symbol, word, or words legally registered or established by use as representing a company or prod

5 key differences between Payroll and PEO

  What is the difference between Payroll and PEO? Table of Content Introduction   Insights on PSP (Payroll Service Provider) PEO (Professional Employer Organization) What is the difference between Payroll and PEO?  Wrapping Up Introduction   For most businesses, the days of manually calculating payroll are long gone. Those who continue to use this method may benefit from digitization. Small businesses have several options for doing so, including using a payroll service provider (PSP), which focuses solely on a company’s payroll needs, or a professional employer organization (PEO), which not only handles payroll but also other HR-related services. In short, PEOs and payroll services both help to streamline payroll processing, but in very different ways. Don’t worry if these terms confuse you; the article below provides detailed information on Payroll, PEO (Professional Employer Organization), and the Difference Between Payroll and PEO. Insights on PSP (Payroll Service Provider) Payroll