Consulate General of India Toronto SETTING UP BUSINESS IN INDIA BY FOREIGN COMPANIES A foreign company planning to set up business operations in India has the following TWO options: 1. AS AN INDIAN COMPANY A foreign company can commence operations in India by incorporating a company under the Companies Act‚ 1956 through: a. Joint Ventures; or b. Wholly Owned Subsidiaries Foreign equity in such Indian companies can be up to 100% depending on the requirements of the investor‚ subject to
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Chapter I Introduction Business itself is broad‚so to make it simple‚the researcher only focused on the challenges and the requirements needed in starting a business.She discussed the meaning of business and the forms of it.The researcher also emphasized that it is important to have a business plan in starting a business.She also stated some of the most important requirements in putting-up a business. The researcher also mentioned the most famous challenges that an owner of a business
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start up a sole proprietorship‚ and more often than not it does not require a great deal of money. Another advantage is that the profits go straight to the sole proprietor who doesn’t need to worry about sharing or dealing with another individual or entity on the day to day operations as well as money. A major disadvantage would be the unlimited liability that is involved for sole proprietors. Creditors may come after person possessions to compensate for the business failures. It is also very difficult
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Review Entity-Relationship Diagrams and the Relational Model CS 186‚ Fall 2007‚ Lecture 2 R & G‚ Chaps. 2&3 A relationship‚ I think‚ is like a shark‚ you know? It has to constantly move forward or it dies. And I think what we got on our hands is a dead shark. Woody Allen (from Annie Hall‚ 1979) • Why use a DBMS? OS provides RAM and disk Review • Why use a DBMS? OS provides RAM and disk – Concurrency – Recovery – Abstraction‚ Data Independence – Query Languages – Efficiency (for most tasks)
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Corporate and business law 8 Companies and legal personality Contents 1 2 3 The features of a limited company Types of company Advantages and disadvantages of incorporation: the veil of incorporation © EWP Go to www.emilewoolfpublishing.com for Q/As‚ Notes & Study Guides 199 Paper F4: Corporate and business law (English) The features of a limited company Comparison of companies with other forms of business The meaning of separate legal personality (‘doctrine of separate personality’)
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1 Sources of Company Law 1.1 W HAT IS COMPANY LAW? For the last century and a half a complex body of legislation called the Companies Acts has declared that if anyone presents to Companies House the documents required to form a ‘company’‚ the Registrar of Companies will issue a Certificate of Incorporation stating‚ like a birth certificate‚ that a new person‚ a ‘limited company’‚ has that day come into being. This robotic person‚ ‘owned’ by its shareholders‚ has no arms or legs‚ nor even
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CHAPTER 1 AN OVERVIEW OF FINANCIAL MANAGEMENT (Difficulty: E = Easy‚ M = Medium‚ and T = Tough) Multiple Choice: Conceptual Easy: Firm organization Answer: c Diff: E [i]. Which of the following statements is true? a. One of the benefits of incorporating your business is that you become entitled to receive unlimited liability. b. Sole proprietorships are subject to more regulations than corporations. c. Sole proprietorships do not have to pay corporate
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organization. What are the benefits of the merger to British Wallboard? US Corp? Canadian Wallboard? Stonewall? (10 marks) Mergers: The mergers of organizations takes place when two corporations combine their resources-assets and liability to become one entity. The willingness of the business relationship to take place should be mutual so that the merger can be a success and not an acquisition that will interfere with the operations of the corporations (Zain‚ 2008). Benefits That Will Be Experienced By
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Natural and legal person A natural person is a living human being. This definition is meant to set a natural person apart form a legal person which is a group of people acting in a unified‚ often commercial enterprise but are considered by law to be acting as a single virtual individual. Companies‚ partnerships and similar entities are considered legal persons. Natural person start his or her life as unborn baby. Person‚ even if it is not born‚ has rights and duties as any other natural person
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smaller retail outlets owned by independent operators 5. What can happen to a business owner who has personal liability for their company? (0.5 points) The business owner can be personally punished or fined for the company’s actions 6. What is an entity? (0.5 points) a being‚ such as a person or company Lesson 3 (3.0 points) 1. Why does doing research help a company succeed? (0.5 points) Understanding the market and competition helps the company identify opportunities and predict challenges
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