What is the importance of getting franchise agreement?

A franchise agreement is a kind of legal agreement on a document that is entered into by two parties, one being the franchisor and the other being franchisee. This is done for opening and operating a franchise unit. And it’s usually a single unit. However, if the franchisee wants to open additional units then separate agreements for each unit will be required. These franchise agreements vary greatly...

Who are eligible for MSME registration?

While thinking of availing the benefits coming from the MSME registration, you might need to know who are fulfilling the criteria forthe eligibility for MSME/ SSI registration. The MSME registration or as the newly introduced term Udyog Aadhaar can be issued by basically any kind of business entity. A few examples would be the sole proprietors, any limited liability partnership firms, Hindu undivided...

What is the procedure for TDS return e-filing in India?

In this article, we are going to discuss the steps on how to do TDS return filing online. Check out the steps below:- ·         You can get started first of all by logging on to the TRACES and slowly start Filing in your requested details for the e-filing of your TDS return. ·         Next, you can click on the register tab...

Checklist for drafting a proper Franchise Agreement

In order to understand as to how we can execute a proper franchise agreement, first we have to be clear what a Franchise is and why is Franchise Agreement executed. In one line we can say that a What is a Franchise? When an established brand decides to lend their name, goodwill and trade secrets to set up their Brand’s Store on different locations and executes an agreement for the same effect...

MSME Registration and its Benefits

Micro, Small and Medium enterprises in India need to register themselves as MSME with the Ministry of Micro, Small and Medium Enterprises. The MSME registration also called the Udyog Aadhaar registration is not mandatory by law but the additional benefits that come with the registration are encouraging enough for the owners and promoters of these enterprises to get the unit registered. This industry...

Get More Information about GST Registration

The GST law makes it mandatory for many to apply for a GST registration. This article will cover multiple points under several different headings regarding GST registration in India. What Is The Prescribed Threshold Limit for GST Registration? The threshold limits of GST registration depend upon state to state. In case aggregate turnover of a person or entity is more than Rs 20 lakhs, then they...