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FAQs
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What are the best features of Microsoft Office 365?
Here’s a breakdown of some awesome Features Office 3651. Work Smarter, EverywhereAfter buying Office 365, you also gain access to its accompanying mobile apps and browser apps. This allows you to access their cloud service from any up to date web browser on your desktop or mobile device. Even better yet, you don’t have to install Office software on your computer to do this.The mobile app allows you to access all of your Office 365 subscriptions and Office products right from your smartphone or tablet; this includes Word, Excel, Powerpoint, Onenote, and more. Cut the cord and stop working on your PC only — download the Microsoft Office 365 mobile app to stay productive, even while on the go.2. Enjoy 50 GB of StorageEach Office 365 user receives a whopping 50 GB of storage with Exchange Online; this can be used to save emails, calendar events, task lists, meeting notes, contact information, and email attachments.You can save some more space in your mailbox by utilizing the OneDrive cloud storage feature to share attachments.Your OneDrive storage is also synced to your device, enabling you to work offline on files. As soon as you reconnect to the web, the newest versions of your documents will be automatically uploaded to your cloud storage. The new versions of your documents will also be sent to any other connected device, including your phone or tablet — nifty!3. Edit Documents with Real-Time Co-AuthoringCollaborate online and see changes your team makes to shared documents within your Office apps as they happen with the real-time co-authoring feature in Word. Save your file to OneDrive cloud storage or SharePoint so your team can access the document and make any necessary edits or updates. You can also share it directly from Word by utilizing a handily integrated sidebar. As the publisher and access-giver, you can edit accessibility settings at any time.With the improved version control that was rolled out with Office 2016 co-authoring, you can see which changes to the document were made by which contributor and when the update was made. You can also easily revert back to a previous version of the file whenever you need to.4. Connect with Co-WorkersYou may not have known this, but Office apps include a Skype in-app integration. You can use this feature to instant message your teammates, share your screen during meetings and have audio or visual conversations — without even exiting the Office apps you’re working in. You can continue Skype conversations even after you close your office apps via your desktop or mobile version of Skype. The best part? Your team will receive unlimited Skype minutes.Source: Microsoft5. Send Links, Not FilesIt’s time to move away from email attachments. It’s never been easier to share documents for co-authoring!Simply upload your file to Office 365’s cloud storage. Then, write your email via Outlook or the Outlook web app. Rather than attaching your document to the email, you can insert a link to the file on your cloud. Outlook will automatically allow email recipients to edit the document you wish to share. You can always change permissions on any document at your convenience.6. Convert OneNote Items into Outlook Calendar EventsEasily configure OneNote items to tasks within your Outlook calendar. You can also assign tasks to colleagues, complete with follow-up reminders and concise due dates. You can also transfer meeting notes taken in OneNote via email to your teammates, and add important details (date, location, and attendees) to their respective meeting.7. Use Your Mouse as a Laser Pointer during PowerPoint PresentationsWith only a simple keyboard shortcut (Ctrl + P), your mouse can be used as a laser pointer during your PowerPoint presentations. You can also use the “presenter mode” commands while using this feature.The laser pointer tool has been a nifty trick within older versions of the office apps for years; however, it was only recently integrated for touch-screen devices. All you have to do is hold down on your device’s screen, and the laser pointer will appear.8. Create a Power Map Using ExcelTurn data into a 3-D interactive map with Power Map, one of the many Power BI-enhanced data visualization features that Excel has to offer. It comes with three different filters: List, Range, or Advanced. The Power Map will help you not only convey your data more effectively, but also support your claims by creating a tangible story from the numbers.
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What are the most useful tools for freelancers?
NetHuntNetHunt is a user-friendly email CRM inside Gmail for freelancers. It introduces a simple, yet effective concept. NetHunt lets you turn any email into a CRM record. This way, when a client or order email arrives into your inbox, you put it into the CRM folder with all of the related client data. The best part - there's no "other" app or service to keep open. The CRM database, pipelines and todo's - everything is available from inside Gmail.While many systems concentrate heavily on sales purposes, NetHunt CRM has a very customizable structure so you can manage almost any type of activity in it; from sales and projects to customer support, real estate and software development.Being a fully Gmail-based CRM, NetHunt also adds a marketing automation platform to your inbox, letting you send personalized mass mail messages, which openings you can track. If you're a Gmail user, you'll be quick to get used to how NetHunt CRM works. And with all those features included (with no limitations), it costs only $25 for a team of up to 5 people, making it one of the most affordable systems on the market.Join our FREE LIVE WEBINAR on September, 24 for step-by-step guide on shifting from Excel/Spreadsheets to CRM. Learn how CRM can boost your customer relations, sales & marketing alignment, revenue, and optimize sales process. Reserve your spot here → How to Move from Spreadsheets to CRM.Remember the MilkReminders can get annoying, but Remember the Milk app does it right. This to-do app helps you free up space in your mind for truly important tasks. You can create subtasks, set recurring tasks, and define filters for different types of items.You can put tasks in different lists, specify due dates, and set importance levels right from your keyboard, making this a fast and efficient way to manage your freelance tasks. It’s available for most major platforms, so you can get reminders on any device.TodoistTodoist is another great option for staying on top of your tasks. Its clean and simple design helps you focus on the tasks you need to get done instead of overwhelming you with buttons and options. You can create projects with tasks and subtasks, set recurring deadlines, get notifications and reminders, and organize everything with labels and filters.You can easily hop from one device to the other, and all your lists will be in sync.TeuxDeuxThe name of this app may seem a bit tricky (clue: it’s not French), but in fact, it’s one of the simplest to-do apps on the market. TeuxDeux promises to be as easy to use as jotting down tasks on a piece of paper.You can input tasks with deadlines and recurring dates, create custom lists, and get reminders for important events. It’s available as a browser-based tool and on your iPhone.Focus BoosterFocus Booster is a simple tool for using the pomodoro technique. It’s all about working in powerful, focused intervals. Pomodoro helps overcome distractions by timing your work cycle. By getting used to working in intervals, you can also better enjoy breaks. Focus Booster comes with built-in time tracking, so you also can take care of logging hours with ease.HubstaffHubstaff is a great choice for keeping track of your work hours and analyzing your daily activities to improve your productivity. You can run the time tracker in the background and use the screenshot functionality to check on yourself to make sure you’re not wasting your time on distractions.You can issue invoices and make payments straight from the app, so it can also save you time spent on administrative tasks. Hubstaff integrates with most major work tools, so it’ll work seamlessly with your existing workflow.FreedomIf you’re serious about removing distractions and improving your productivity, Freedom is the app for you. It blocks websites and apps that take away your focus from what’s important. You can create your own schedule and select the enemies of your optimal performance. And it works on all your devices to make sure you don’t get sneaky.ProposifyProposify is another useful tool for crafting great client proposals. Instead of using complex design apps, you can simply input the relevant information. Ready-made and custom templates help you stand out from the crowd. With Proposify, clients can also sign the offer straight from the proposal.signNowWith signNow, you don’t simply send a PDF proposal to a prospect. You can craft a beautiful and interactive experience that displays your proposal as a website. Elegant, eye-catching templates help you stand out from the dozens of traditional proposals your potential clients are sure to receive. And standing out is the first step in landing that job.InvoicelyInvoicely is a feature-rich invoice platform. You can track time, business expenses, and vehicle mileage right from the same app. After issuing invoices, you can accept payments within the tool. You can take care of discounts, taxes, and even shipping. With Invoicely, you can control all your finances in one dashboard.WaveWave is a beautifully designed accounting app that you can easily fall in love with (yes, I put love and accounting in the same sentence!). The platform allows you to send invoices, receipts and estimates. You can also accept credit card payments. Wave provides a single dashboard for managing all of your freelance finances in a single place—and that’s a big time-saver.TextExpanderDo you use the same phrases in emails and instant messages all the time? Do you type the same things over and over? TextExpander can make that process much faster by turning specific combinations of keys into words or sentences.If you write “Thanks very much, and let me know” all the time, you can have TextExpander write that when you type “tvm.” It doesn’t sound like much, but you can use it for words, phrases, or entire emails. You don’t realize how much time you spend writing the same things until you don’t have to do it anymore.Sources:29 Apps for Freelancers to Make Your Life EasierWhat is a CRM for Small Business and how to choose it
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What is it like for a foreigner living in Tallinn?
(I started to answer a very short answer and ended up with a long entry. I hope you find it useful.)As Richard Tuisk said, it depends a lot on where you are from. However, let me tell you what my experience has been so far in Estonia, what I think it is good and what I would see as a downside of living here. Of course, I need to qualify my answer by saying that I am Latin American, but also have lived in four other countries (including the US where I went to college).A quick introduction: Estonia is a small country located in the Baltic Sea next to Russia and Latvia and very close to Finland. It is part of the European Union. The area of the country is roughly the same as Switzerland or as Maryland and Massachussets combined. There is about 1.3 million people living here which means it is not densely populated. The country is essentially flat, except in the south where you find the highest point at 318 meters (1043 ft). The main city and where I live in is Tallinn. The population is about 400,000 people. Tartu is the second city with about 100,000 people and all the rest of towns are smaller than that.Immigration systemIf you are European, moving here is no problem as you enjoy all the benefits of any country within the European Union. If you are not European, the main reasons people immigrate here is to work which would guarantee a working visa or if you are married to an Estonian citizen which allows you to apply for a visa as long as you have enough funds to live here.Overall, the process to get a short-term visa is straight forward. Obtaining a long-term visa is more complicated as you have to speak the language at a relatively high level. Obtaining a citizenship requires that you give up your own citizenship.JobsAlthough Estonia suffered also during the 2008 crisis, there is enough jobs in areas of business and technology for people to move here. One of the problems Estonia faces is that it does not have enough people to fill all jobs in IT areas as I hear.There is a few big companies who recruit people from abroad, but if you don't speak the local language, your opportunities are reduced to the IT area (I work for Skype which originated here in Estonia which was acquired by Microsoft in 2011). You can see a list of notable companies here: List of companies of EstoniaSocial interactionEstonians tend to be reserved in comparison to other Europeans. I suggest to foreigners who come here to be aware of differences so they are not taken by surprise. Some examples of faux pas I have encountered:Using smalltalk in a conversation.Saying good morning when coming to office or good bye when leaving.Smiling with no reason (I have to accept that this could be awkward in Northern Europe and some parts of the US, but it is totally normal in Mediterranean or Latin American environments).Being noisy. People love their quiet here.However, it is totally Ok to try to make a conversation in English especially with young people. I am learning Estonian and try to use the language when I can, but in some occasions (say, at the pharmacy), I need to switch to English and have never found anyone being annoyed by that.The exception to all of this is if you meet young people. They tend to be more open and curious (especially women). I am speaking about more casual environments such as a cafe or a restaurant, but a bit less at work. Another obvious exception is if you are in a touristy area (such as the Old Town in Tallinn), but this should go without saying.It is totally Ok to be in a group of people and be totally silent. For example, you can have lunch or share a cab with Estonians when no one is speaking, but there is no awkwardness on it. Another thing is that people do not demonstrate much through their expressions which is one of the difficult things to deal with for me. Remember, I come from a country where you smile or frown or show your teeth if you want someone to understand you clearly.When having a conversation with an Estonian, you should say what you mean and mean what you say (remember what I said about smalltalk?). For example, if you ask "how are you?" to an Estonian, do it only if (a) you really want to know how the other person is, and (b) don't ask it if you don't know the person well. I value that Estonians take your word at face value and you should do the same with them.One word of advice is that Estonians can be very critical of others, but they are mainly critical of themselves. Someone told me once that complaining is a national sport, and I have to agree with that. In other words, when they tell you that something is truly bad here in this country, you have to take it with a grain of salt.Because of this, you should also expect that people are straight forward with you. In some cases, this borders on rudeness if I measure by my home country's standards, but here is totally Ok. I have seen a few foreigners getting shocked by that, but you get used to it. In other words, they are not politically correct (this I like very much).Also, because people are economical with the language, you shouldn't expect what I would call, a "warm" communication most of the time. As a latin person, I need to say and hear things on a beautiful way, but this doesn't happen here much. It is different when you start to get to know locals.Which brings me to the last point. It takes a while before you break the ice with an Estonian, but it is worth waiting. I have had the chance to establish a closer link with some locals outside my wife's family and I find an honesty and sincerity that I haven't seen in other places. If you get to that point, congratulations, as you have made it through this journey. By this time, you should also be an expert on sharing saunas with people you don't know (and yes, naked) and have had your share of vodka.Quality of life, services, infrastructureWhen compared to other places where I have lived, I have to say that Estonia still doesn't signNow the level of living in Germany or the US, but it is getting closer by the day. However, I would say that Estonia is already at the level that I would call it first-world country in most aspects.Infrastructure and services need some improvement, but they provide the minimum level of service. For example, if you don't have a car, you can use public transportation everywhere even if buses, trains or trams are sometimes old. Roads in Tallinn are Ok, even if you find potholes in some places. Services such as schools and hospitals are public which means that there is always a waiting list. If you need to visit a specialist doctor, you have to wait. On the other hand, the wait is not as bad as in third-world countries (like where I come from). Also, those services are basically free. The downside is that there is almost no private service, and even the ones there are rely partially on the public health system for some aspects.I have had two children born here and had no complaints about the process. In fact, I felt that everything was very professional and that they always try to do their best. However, when I spoke with Estonians, some of them were very surprised that I spoke highly of the hospital system. I guess it's up to my personal point of view in this case.Taxes are low. Personal income tax is 21% flat for everyone. If you live here and your visa allows it, you can create your own start-up in no time which is prevalent among young people in IT.By the way, unemployment was at 8% at the end of Q3 in 2013. I am no economist, but I understand that this is still considered high. However, it came down from 10.2% at the end of 2012.Food, shoppingEstonia has the typical supermarkets like any other European country. There is also local markets, but you probably need to speak Estonian or Russian. Typical food you find are potatoes, wheat-like grains, oats and so on. Pork meat and fish are eaten often here, but beef is not yet too common. Vegetables and fruits tend to be expensive. I miss having international food though. There is one supermarket in town (Stockmann) that carries some international products, but it is very expensive. I was used to visiting Oriental-type shops in Ireland and Germany, but there is none here that I know of.There is a few shopping centres, but the variety is not wide. I am in favor of buying local to support businesses here, but in many cases, we end up buying from abroad because of the lack of options or because we would have to wait for too long. For example, my wife and I love movies (yeah, still buying old-fashioned DVDs), but there is no shop that fills our expectations. Because of that, we buy everything from Amazon.ActivitiesIf you love nature, you are in luck. There is a lot of natural areas in the country and they are a short drive away. There is plenty of sea shores, forests, rivers and lakes. In the Summer you can do hiking, camping, canoeing and you can add cross country skiing in the Winter. Estonians love nature in general.If you are a city person (like myself), then that's another story. There is a few theatres, cinemas, galleries and so on, but everything is limited. Tallinn itself has the most interesting activities in the center. There is plenty of good restaurants though.Cinemas show the popular movies like everywhere else and you can find some artsy type of cinemas for alternative movies. No movie is dubbed here, but they usually carry subtitles in both Estonian and Russian.What is impressive about this countryThere is a few good things that I haven't seen outside Estonia. The first one is the electronic system prevalent in this country. When you are a foreigner and get your Estonian ID, you are also getting your electronic identity. With that, you can file taxes online, access information about property, bank accounts, mobiles, whatever services you need. When you get your local ID number, you automatically get a local e-mail address at the eesti.ee domain that you can redirect to your personal account. With that, you never miss an official communication (such as whenever is time to file your taxes).That ID has also legal validity and you can sign documents electronically anywhere in the world. For example, if you apply to get a car leasing, you don't have to show up at the bank necessarily. They send you some forms, you put your ID card in your computer reader, sign the document electronically, and send it back and that's it. It is the equivalent of putting your signature on paper in front of the bank official or lawyer. Estonian citizens and permanent residents are even allowed to vote online with their ID.A second impressive area is bureaucracy: it is a well-oiled machine. One recurrent example is taxes. You get the notification that your taxes are ready to file, you login to the tax office site, sign in, check that they have the correct information that they have collected from your company, employer and so on, sign with your ID card, and that's it. It might take as little as five minutes. My wife and I file jointly, so it takes us much longer: twenty minutes (and that's because we always forget to do one crucial step so we are delayed).The government doesn't even use paper for their minister meetings. They file everything electronically which is made available so you can follow up agendas, minutes and whatever happens there.You want to open your own company? It might take literally twenty minutes to do that too. All of this thanks to the frictionless bureaucratic system they have here. You want to park? Send a text to the number 1902 with your plate number and where you are parking and it will be charged to your mobile.One more impressive part: internet. Besides having decent speeds, there is practically free access points everywhere through the country. I personally have witnessed free available working access points in national parks and public beaches. You can read this article that talks about this (read the date: 2005!): Estonia sets shining Wi-Fi exampleIn my case, I don't use access points much because I have a decent LTE connection with my mobile. Mobile companies have good coverage and relatively good service. I remember that when we got our internet when we moved here, it took only one day to install it. When I measured the effective speed a few months later out of curiosity, it was 50 Mbps. Not bad.The downsidesAs anywhere else, there is a few things that you need to be aware of that could be difficult to adapt to.The first part for me is the social interaction which tends to be dry and quiet. I mentioned that above, so not much more to say here.Another one is the weather. In Winter, the sun might rise at 9:30 in the morning and set at 3 in the afternoon. That's just about six hours of sunlight. If you add that it is cloudy most of the time during the Winter, then you realise how dark it might be. As counterposition, Summers are amazing (up to 20 hours of sunlight and clear skies easily).Winters are relatively long. It gets cold around the end of October and stays that way until around April. It varies from year to year, but sometimes the temperature drops to -30 degrees Celsius (-22 F). Life rarely stops here because of the cold or snow though. I have taken the bus at -30 degrees Celsius. It makes for an interesting ride.One more problem for a foreigner to live here is that you feel a bit isolated from the world. Flights are available mainly to neighbouring countries plus Germany, UK and the Netherlands. If you are from another country, you always need to make connections which makes it longer and more expensive to go back home.Last, if you are from a big city, you might find even Tallinn a bit provincial. It is changing as of late though. On the other hand, there is some positive things out of this too: less crime and virtually no traffic jam as I know it (I live 20 km. from work and make it in 30 minutes on a good day and 45 on a bad one).If you are thinking to move here, I definitely recommend this place.
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How do I register my company and logo in India?
Incorporating a company in India is slightly difficult than you may think. Its better you hire a CS, CA or a Lawyer to do it for you. Nonetheless, here is the process:(1) Obtain DIN (Director Identification Number) from Registrar of Companies, Ministry of Corporate Affairs of all the proposed Directors in your Company. (2) Obtain DSC (Digital Signature Certificate) from any of the authorities recognised by Registrar of Companies of all the Directors. (3) Apply in a prescribed format to the Registrar of Companies for the approval of name of your company. You need to provide a minimum of 5 options to the Registrar in this form.(4) Once you receive the name approval from the Registrar of Companies, you need to file the following documents with that office: (a) Memorandum of Association(b) Article of Association(c) Form 32 (Details of Directors)(d) Form 18 (Registered Office details)(e) Form 1 (Compliance with the Act) FEESThe official fees for which you will receive receipts (for a Company with an Authorised Capital of Rs 1 lakh) will be approximately Rs 11,000. Rest of it will be the fee of the working professional. On an average you're likely to spend Rs 5000 to Rs 10000 in addition to the official fee, so that the total price comes out to somewhere between Rs 16000 and Rs 21000.TIME FRAMEIf everything goes smoothly, you can register your Company within 20 to 30 days. However, if an objection is raised on an issue, it may take longer, as well. Good luck!Nitin
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Why does Satoshi Nakamoto prefer to remain unknown (or anonymous) despite coming up with the disruptive innovation?
Good question. My guess is either:Satoshi was a truly selfless individual who wanted bitcoin to remain consensus based.Satoshi is dead and is not really committed to anonymity; orSatoshi is actually a group of people. Probably including several of the likely suspects below. Although the original code may have been written by one person the language in chat rooms, message boards and even the white paper itself suggest many unique contributors. Given this vision there were also probabaly non coders/developers who helped distribute the idea and were essentially “the political advocates” who brought the code to the internet at large. These are likely some of the people listed below that I have seen referenced as “potential Satoshi’s” (although none of these leads ever panned out).In a 2011 article in The New Yorker, Joshua Davis claimed to have narrowed down the identity of Nakamoto to a number of possible individuals, including the Finnish economist Dr. Vili Lehdonvirta and Irish student Michael Clear , then a graduate student in cryptography at Trinity College Dublin and now a post-doctoral student at Georgetown University.In October 2011, writing for Fast Company, investigative journalist Adam Penenberg cited circumstantial evidence suggesting Neal King, Vladimir Oksman and Charles Bry could be Nakamoto.They jointly filed a patent application that contained the phrase "computationally impractical to reverse" in 2008, which was also used in the bitcoin white paper.May 2013, Ted Nelson speculated that Nakamoto is really Japanese mathematician Shinichi Mochizuki.Later, an article was published in The Age newspaper that claimed that Mochizuki denied these speculations, but without attributing a source for the denial.A 2013 article in Gawker listed Gavin Andresen, Jed McCaleb, Casey Botticello, or a government agency as possible candidates to be Nakamoto. Dustin D. Trammell, a Texas-based security researcher, was suggested as Nakamoto, but he publicly denied it. Casey Botticello, the head of the Cryptocurrency Alliance has refused to comment.In 2013, two Israeli mathematicians, Dorit Ron and Adi Shamir, published a paper claiming a link between Nakamoto and Ross William Ulbricht. The two based their suspicion on an analysis of the network of bitcoin transactions, but later retracted their claim.Some considered Nakamoto might be a team of people; Dan Kaminsky, a security researcher who read the bitcoin code.
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How do I establish a private limited company?
A private limited company is the most common form of business entity in India. It is easy to maintain and raise funds, offers limited liability to its members, offer flexibility, easy bank loan accessibility.Read Advantages of Private Limited Company. Following are the steps involved in the registration of private limited company Basic requirementThere must be at least 2 members in the companyThe company shall be made for legal business and must not harm the society. The company object should not be illegal.In case, if the registrar issue the certificate of incorporation to such business entity , then certificate will be void and registration will be itself cancelled by the Central Government and appropriate proceeding will take place against the entity and the Registrar.Read in detail Pre-Requisites for Registration of Private Limited Company Step 1: Obtaining Director Identification Number (DIN) & Digital SignatureThe First step isObtaining Director Identification Number (DIN) for the proposed Directors in the CompanyObtaining Digital Signature for one of the Directors of Company.After this, application for name of Private Limited Company must be applied. Step 2: Applying for the nameThe promoters should propose one or more suitable name for the name of company as it offers the flexibility and choice to registrar to select the name in case some names are identical or similar to registered business entities or trademarkThe name should not be similar or identical to any registered company or trademark.The name should not be one prohibited under the ‘Emblems and names Act, 1950’.The name of company must have suffix “Private limited Company “.After submission of name, registrar will review and approve one of the name .It usually takes 3 to 5 working days to approve the name for company .Read tips for Choosing the right name for your company registration for easy approval of name by ROC.Step 3: Filing for Incorporation/Establishing of Private Limited CompanyAfter the name approval, promoters should submit the application, prescribed fees and below said following documents to the registrar.Articles of Association, if anyMemorandum of AssociationDeclaration from DirectorsAffidavits of the DirectorsA declaration stating that the requirements of the Act and the rules framed there under have been compiled with. This declaration is required to be signed by an advocate of the or Supreme Court or an attorney or a pleader having the right to appear before or a High Court or a Chartered Accountant in whole time practice in India who is engaged in the formation of a company, or by a person named in the Articles as a Director, Manager or Secretary of the Company.Besides the aforementioned documents, the company must provide relevant information regarding of its registered office within 15 days of registration or during filing of incorporation documents.Step 4: Subscribing to the Private Limited CompanyAs per the Companies Act 2013, a subscriber must sign their names and must be subscribed to the shares of the company incorporated. It means each subscriber must have at least one share of the company. Each subscriber should sign the memorandum in presence of at least one witness and must clearly state the following:AddressPersonal DescriptionOccupationNo of shares subscribedNature of shares etc.Likewise both (Article and Memorandum of association) must be duly signed and stamped.Step 5: Certificate of IncorporationAfter filing the above-mentioned documents and payment of necessary fees, the certificate for incorporation would be issued by the Registrar of Companies. Upon Incorporation, the company becomes a legal person separate from its members.The process to register a private limited is complex and time-consuming. Our team at LegalRaasta can help startups and Entrepreneurs Register Private Limited Company in 14-15 days @ 13,999/- only (inclusive of government fee) saving 40% compared to typical CA/CS
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How do I make a PVT Ltd company in India?
How to register a company (Pvt. Ltd.)Pre-requisites1. Have paid-up capital of INR 1,00,0002. Have minimum of 2 directors/board members and two shareholders3. Have maximum of 50 members only4.Cannot publicly sell shares. Can only invite people to buy shares by issuing aprospectusStep1: Acquire DIN (Director Identification Number)DIN is a unique identification number for an existing director or a person intending tobecome a director of a company. As per a recent amendment to the Companies Act 1956, DIN has become mandatory for all the directors. DIN is unique and specific to an individual, therefore only one DIN is allotted per individual even if the individual serves as director at multiple companies. No fee is charged for issuing DIN. This process takes approximately 3 to 5 working days.Supporting documents required (soft-copies):1.Photograph2.Proof of identity3.Proof of residenceRegister on MCA website for login ID and password(create an account)I.File eForm DIN-11.Download eForm DIN-12.Fill the form3.Attach necessary documents4.Sign using digital signature5.“Check Form”6.Upload eForm7.Pay fees by credit card, debitcard, internet banking or cash/cheque at designated banks (State Bank of India, Punjab National Bank, Indian Bank, ICICI Bank, HDFC Bank) using the pre-filed challan that will be generated8.Note the Service Request Number (SRN) for later enquiries9.Check acknowledgement by email or through MCA portalII.Intimate approved DIN To your Company (within 30 days from date of approval)a.Download Form DIN-2 and printStep 2: Acquire Digital Signature Certificate(DSC):At least one of the directors should have a valid Digital Signature Certificate issued by the signNowing Authorities (CA) and approved by the Ministry of Corporate Affairs. The Information Technology Act,2000 provides for use of Digital Signatures on the documents submitted in electronic forms, in order to ensure the security and authenticity of the documents filed electronically. Every document prescribed under the Companies Act, 1956, is required to be filed with the digital signature of the managing director or director or manager or secretary of the company. Therefore at least one of directors must have a digital signature. Any person may make an application to the signNowing Authority for the issue ofa Digital Signature in such form as may be prescribed by the Central Government. Digital Signatures are typically issued with one year validity and two year validity. The issuance cost varies depending on the CA. Digital Signatures can be obtained within an hour.One can acquire his/her Digital Signature certificates from these government listed agencies like TCS, IDBRT, MTNL, SAFESCRYPT, NIC, nCODE Solutions etc.Step 3: Apply for the company to be registeredThis is the final major step in a registration of your company which includes incorporating company name, Registering the office address or notice of situation of office and notice for appointment of company directors, manager and secretary. And also regarding the take and pay for their qualification shares.Prerequisite for Virtual eFiling1.Install the following prerequisite software:Windows 2000 / Windows XP / Windows Vista / Windows 7 –Operating SystemInternet Explorere v6.0 and above, Google Chrome, Mozilla FirefoxsignNow from version 7.5 to version 10.1.4Java Runtime Environment (JRE –latest version freely downloadable fromwww.sun.com)2.Get yourself registered at the portal (www.mca.gov.in)3.Obtains a Director Identification Number (DIN).4.Obtain a Digital Signature Certificate (DSC).5.Broadband Internet connectivity or higher.6.A scanner (above 200 DPI) for converting the attachments in the PDF format.Steps:I.Fill Form-1A for obtaining the name for the company-onlineFor obtaining name for your new company, An application in Form-1A needs to be filed with the Registrar of Companies (ROC) of the state in which the Registered Office of the proposed Company is to be situated to ascertain the availability of a name along with an official service fee of Rs.500. You also have to provide the following information in the form.• Name of the proposed company (Minimum 4 alternative names, maximum 6).Indicate the order of preference. Ensure that the company name is in accordance to the guidelines of the MCA, and also ensure the name is unique and does not resemble the name of any existing company in India. The company name must end with the words ‘Private Limited’ or ‘PVT Ltd’. In order to have specific key words in the name such as corporation, International, Hindustan, Industries, India etc., the proposed company should satisfy a minimum authorized capital criteria.• Location of registered office of the proposed company• Main Objectives of the business of the company• Names and addresses of the directors• Proposed Authorized Share Capital of the Company• DIN & DSCSubmit duly filled form to the Registrar along with fee of Rs. 500.The Registrar shall intimate, within two to three days, whether the proposed name is available or not. If the preferred name is not available apply for a fresh name on the same application. The name made available by the Registrar shall be valid for a period of six months. In case, if the company is not incorporated within this validity period, an application may be made for renewal of name by paying additional fees. Otherwise the name approval process has to be repeated by submitting new application after payment of requisite fees.In about 10 days, the ROC will inform you about approval or objections. If there are any objections then ROC will suggest you with some available names and let you choose among them. If your company name is approved then you will receive a formal letter regarding the confirmation of the same. Keep the same which will be required during registration process of the proposed company.II.Prepare documentsAfter obtaining name approval from the ROC the following documents must beprepared to incorporate the company• Memorandum of Association (MOA) The Memorandum of Association is a document that sets out the constitution of the company. It contains, among-st others, the objectives and the scope of activity of the company and also describes the relationship of the company with the outside world.• Articles of Association (AOA) The Articles of Association contains the rules and regulations of the company for the management of its internal affairs. While the Memorandum specifies the objectives and purposes for which the Company has been formed, the Articles lay down the rules and regulations for achieving those objectives and purposes. It also states the authorized share capital of the proposed company and the names of its first / permanent directors. Professional help is to be sought in the drafting of the MOA and AOA, as it contains the governing policies, rules and by-laws of the proposed venture. The draft must be carefully vetted by the promoters before printing and stamping.The MOA and AOA must be signed by at least two subscribers in his own hand, along with father’s name, occupation, address and the number of shares subscribed for and witnessed by at least one person. Then the MOA and AOA are required to be stamped & filed with the ROC. A stamp duty is required to be paid on the MOA and on the AOA. The stamp duty depends on the authorized share capital and varies between states. Details of applicable stamp duty can be obtained from here. eStamping facility is now available via MCA’s portal. The document preparation process may take five to seven days.• Form 1 –providing details of promoters of the company• Form 18 –providing details of address of the registered office of the company• Form 32 –providing details of Directors, managers and secretaries of the companyIII.Submission of DocumentsSubmit the following documents to the ROC with the filing fee and the registration fee:• The stamped and signed Memorandum and Articles of Association (3 copies).• Form-1, 18 & 32 in duplicate.• Any agreement referred to in the Memorandum & Articles.• Any agreement proposed to be entered into withany individual for appointment as Managing or whole time Director.• Declaration of Compliance by an advocate or company secretary or chartered accountant or director, manager or secretary of the company• Name availability letter issued by the ROC.• Power of Attorney authorizing a person, on behalf of subscribers, any documents and papers filed for registration. The power of attorney should be given on Non-Judicial stamp paper of appropriate value and shall be submitted to the Registrar.After submitting these forms, once the application has been approved by MCA, you will receive a confirmation email regarding the application for incorporation of a new company, and the status of the form will get changed to Approved.IV.Payment of Registration FeesThe fees payable to the Registrar at the time of registration of a new company varies according to the authorized capital of a company proposed to be registered. Payment for the Registration and Filing Fee must be made by Demand Draft/Banker’s Cheque if it exceeds Rs.1000/.V.Obtaining Certificate of IncorporationThe ROC will issue a Certificate of Incorporation after careful review of documents submitted. Section 34(1) cast an obligation on the Registrar to issue a Certificate of Incorporation, normally within 7 days of the receipt of documents.A Private Limited Company can start its business immediately on receiving the Certificate of Incorporation.Check these documents before submission of a company:1.DIN of all those directors of a proposed company.2.DSC –Digital Signature Certificate3.Original copy of the formal letter issued by ROC regarding availability of Company name.4.Form-1 for incorporation of a company.5.Form-18 for situation or address of the proposed company.6.Form-32 for particulars of proposed directors, managers and secretary.Formalities to be followed while incorporation of a company:1.Obtain a TAN card2.Obtain a Permanent account number (PAN) from income tax dept. India3.If required: Documents obeying shop and establishment acts.4.If required: For foreign trade, Registration documents of import export code from Director General of foreign trade.5.If required: Registration documents of Software technologies Parks of India (STPI).6.If required: RBI approval for foreign companies investing in India and FIPB approval.7.Both Indian and foreign directors need to have valid Digital Signature Certificates from authorized agencies.For any further clarifications, please visithttp://www.mca.gov.in/MCA21/Regi...Thanks & Regards,Stay4u.
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