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Before we learn about the annual compliance of a private limited company let us first understand its business structure. According to Section 2(68) of the Companies Act, 2013 a private limited company is a privately owned legal business entity. The private stakeholders have complete control over it. There is no restriction as such. Anyone can set up a pvt ltd company. For instance businesses in the field of rendering plumbing solutions, dentist services, driving solutions, retail stores, etc. This kind of business structure is known to offer several advantages.

In this age of opportunities, everyone wants to grow their business outside the boundaries of the domestic market. But, doing business worldwide isn’t just a cup of tea for everyone. Before going global, There are several procedures needs to be followed and there are laws in place, Needs to get different registration and license. IEC (Import Export Code) license is one of the most important documents when you’re planning of importing or exporting goods from India. IEC – Import Export Code 10-digit code that a business or a person needs to import/export goods/services. DGFT – Director General

A trademark can be any name, logo, a numeral, label, or a visual symbol, which may be a word, a name, a device, a colour combination, sound or smell that represents your business and can be used by a business to differentiate it from other goods of different business. It makes it easier for customers to recognize your business as one that is unique from that of another providing similar goods or services. Any person can be an individual, anyone claiming to be the owner of a company or NGO is authorised for trademark filing.