How To Name Your Business?
Deciding a good name for the business is vitally important and challenging at the same place. There are several other factors which need to be ...Read More
Amalgamation is defined in section 2 (1B) of the income tax act 1961 where "Amalgamation is a union of two or more companies, made with an intention to form a new company."In business, the distinction being that the surviving entity incorporates the asset base of others into its base. Amalgamation is blending of two or more companies. The shareholders of each company would become the shareholders of the company which is undertaking the activity. Amalgamation is an emerging trend of today's business world. It results in the formation of a new, strong, stable and large company. It also results in the growth and expansion of this newly formed company. The following are the main purposes for which an amalgamation may be preferred-
A company having vulnerable financial/economic position may prefer an amalgamation with another company so as to secure itself. And the companies may adopt the concept laid down by the proverb, ‘union is strength’, the result of which may be an amalgamation.
We provide highly effectual Amalgamation Services to business enterprising. We assist our client in the merger and acquisition. We also help in local Government Amalgamation at every step of the process. These Amalgamation Services are accessible with us at industry’s leading prices just to give leverage to even smaller companies of the market. In addition to this, we are acknowledged as one of the best service providers in the domain of Virtual Amalgamation in India.
We are committed to help clients to achieve world-class operations. We develop, define and assist in implementing operational strategies and help our clients make lasting improvements to their performance. We assist our clients to manage risk and uncertainty, from the Boardroom to the network.
Private Limited Companies are those types of companies where minimum number of members is two and maximum number is two hundred. A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm. A private limited company has all the advantages of partnership namely flexibility, greater capital combination of different and diversified abilities, etc., and at the same time it has advantages of limited liability, greater stability and legal entity. In this sense, a private limited company stands between partnership and widely owned public company. Identifying marks of a private limited company are name, number of members, shares, formation, management, directors and meetings, etc., The maximum number of directors shall have to be mentioned in the Articles of Association. In the grand of privileges and exemptions, the Companies Act has drawn a distinction between an independent private company and other private company which is a subsidiary to the other public company.
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Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.
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Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.
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We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.
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