Import or manufacturing license is received after the model approval under Section 20. Importer and Manufacturer need to submit an application along with the required fee before one month of importing from the Legal Metrology Department. The license is granted by the state government where the goods will be imported. The next step is to... Continue Reading →
Mergers, Acquisitions, and Corporate Restructuring: types & strategies
The term “Corporate Restructuring” itself means to re-structure the corporate system. The branch of insolvency and corporate law deals with altering the whole Company’s structure. The Restructuring of a Corporate Company is usually taken into by a business that is facing financial issues. The major purpose of restructuring is to re-arrange the formation of the... Continue Reading →
How Outsourcing Payroll and HR Services Help Business?
Introduction: The Human Resources in a company handle and manage the most important resource that is the employees or the workforce. There are various tasks such as generalization, recruitment, creating policy manuals and benefits along with screening and various talent development and many more activities like that. Outsourcing payroll and HR services allows a company... Continue Reading →
Guide to Permanent Establishment Tax in India
As per the Indian Income Tax Act, Permanent Establishment Tax is defined as a fixed place of business where it is fully/partially carried out by the enterprise. As per Double Tax Avoidance Agreement, Article 5(1) .it is an activity that generates income on being a connection with the business is taxable and all other business... Continue Reading →
Understanding the reason and importance of Corporate Restructuring
Business Restructuring is a process whereby a company reorganizes its current structure as an alternative of its existing structure that can be in the form of a change in asset or liability structure. Company re-structuring has enormous significance in today’s world considering the huge impact on liberalization and globalization. Business restructuring assists businesses to revive,... Continue Reading →
Steps for Bureau of Indian Standard (BIS) Registration
BIS (Bureau of Indian Standard) is a national body that guarantees the safety, quality, and reliability of the products listed under BIS in India. The aim of BIS is to scrutinize the product samples when your product is at surveillance and the preliminary stage. India has a total of and three branches, four regional and... Continue Reading →
What is Vendor Management Process?
Vendor management is the process by which vendor relationships, vendor payment, vendor procurement and the documentation process that underpins the company becomes difficult to manage Outsourcing Vendor Management to experts Saves time, effort, cost & lengthy documentation for Sourcing Supplies. They identify, monitor, cultivated, and manage vendors to ensure maximum profit. ASC Sourcing Solution services... Continue Reading →
What is the Procedure for Company Registration and Formation in India?
Having an outstanding plan and execution idea and willing to register your startup company? You must comply with company law and never-ending legal compliances in India to register a new company. Hiring a start business consultant helps you to satisfy all prior and post requirements of opening a company and authorize in the India official... Continue Reading →
How does Legal Consulting Services help your Business to Grow?
Legal Consultant helps the company to protect from legal matters with comprehensive solutions with ongoing efficiency to solve any kind of legal issue in the business market. Legal consultants have inclusive knowledge of government policies, industry-specific needs, legal compliances, certificates & registrations, etc. Legal consultant ensures that all the legal compliances are fulfilled without creating... Continue Reading →
Vendor management Process and Benefits
In an organization, managing multiple vendors is the more challenging, sophisticated and complex process in the entire procurement process. Outsourcing Vendor Management saves extensive time, effort, cost & lengthy documentation process for Sourcing Supplies. ASC Sourcing Solution services offer tailor-made solutions for managing & establishing a huge vendor base. Gradually, as your business increases the... Continue Reading →