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Import Export Code is significant to carry out exports and import across India, it is not only advisable to show their presence in the international market by trading exports but also to have value in the market to compete with other in the market. If a particular good is traded at international level then it will increase the value of a business at the local level as well. Even the provisions of IEC gives access to small traders and MSMEs to have a direct link with international business. In a way to deal with the problems and hurdles faced by businesses, the Directorate General of Foreign Trade r ecently came up with major changes in the procedure of IEC registration, application, and IEC amendment. Here are certain amendments introduced by DGFT in IEC Registration Process . 1. Amendments to the Process of IEC Registration DGFT has come up with the latest modification of automating the registration procedure to increase the business activities and seamless working of a...

Discovery of latest technology has made Accounting and Bookkeeping easier than ever before. With the latest software now the tasks can be managed simply and can be accessed from wherever and whenever you desire. Certain tasks which used to exist previously have been replaced with a newer version of software like maintaining ledger account and updating that timely mentioning all the details of accounts payable, accounts receivables, sales, stock, amount of sold goods, etc. Financial statements have been replaced by the modern method of Bookkeeping and Accounting Services. ASC Group provides Bookkeeping and Accounting services through different soft wares like Sage, Xero, Quick Books, and Tally. Why Accounting and Bookkeeping Software is required? • Accounting and Bookkeeping software keep a track of transaction on total debit and credit amounts. • Accounting and Bookkeeping software maintain an equal balance between debit and credit amounts. • There are rare chances of any mista...

Corporate Law advisory aids corporates in establishing their brand name in the market. Corporate law is a broad term that comprises of all matters related to company laws. From the incorporation of companies to operations, working if a company till winding up Consultants helps a company to function accordingly. Experts guide companies on how to set up a company and legal compliances relating to it. There are different branches where corporate laws deals such as Taxation law, Company Law, Intellectual property laws, security laws and litigation related to it. Why Corporate Law Advisory? Corporate law advisory also helps in compliances let it be RBI compliance, Fema compliance, business debt restructuring, joint venture, mergers and acquisition, legal metrology, secretarial compliances, SEBI Compliances, closure of the company, Drafting of Agreements, XBRL filing, advisory, trademark registration. Corporate Law services also deal with tile verification where due diligence repor...

Legal metrology came into existence to protect the consumer and their interest of the consumers so that they have faith in the product before buying the same. Relying on goods and services these days is not easy because of fraudulent practices adopted by sellers to cheat people. Legal metrology takes care of goods from stage one that is manufacturing, import, business, monitoring and balances of the product.   Why Legal Metrology Consultants? Legal metrology consultants usually aid producers and trades while dealing with goods by analyzing the weight of goods imported and measuring the devices and instrument to get the authentication to set up a company in India and to sell its products. Legal metrology is governed under several acts, like the Consumer Protection Act and is protected by Food and Public Distribution Wing of the Government of India. Legal Metrology Consultants Legal Metrology Registration Process Registration of Companies While setting up a compan...

In India, corporate affairs are controlled through numerous Company Law Acts or business laws which are applied as company laws in India and regulations enforced by the Government of India and managed by the Ministry of Corporate Affairs (MCA). Enlisted below are few regulations that are accessible in India to control fair and good competition in the market which together can be recognized as Corporate Laws in India. Companies Act, 2013 The Companies Amendment Act, 2006 The Indian Partnership Act, 1932 The Limited Liability Partnership Act, 2008 Societies Registration Act, 1860  Features of Corporate Law in India: 1. Independent corporate existence By registration under the Company Law Act or company law, or business law in India; a company becomes bestowed with corporate personality, which is liberated of and different from its members. A business is a legal entity under corporate law or business laws in India. 2. Limited liability Limitation of liability is ano...