Famous Private Limited for Annual Filing in Chennai
Famous Private Limited for Annual Filing in Chennai If you are looking for a place to set up a business in India, Chennai is one of the best places to register your company. It has a long history of economic activity. The government of India has announced several financial packages for start-ups and small businesses. Start-ups have emerged as a popular business model in Tamil Nadu. They develop a viable business model around an innovative product. Companies that incorporate in Chennai have better opportunities for borrowing funds. Financial institutes also are more interested in lending to incorporated companies. However, a company must follow strict legal formalities. Annual compliance is essential for every private limitedcompany . The board of directors must present a true financial position to shareholders. Failure to file can result in huge penalties. A Private LimitedCompany must file an annual return within 60 days of the Annual General Meeting....