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Whether we should pay gratuity in proprietorship company or take over entire staff to new pvt. ltd. company without payment of gratuity?
Our company is a proprietorship company. now owner decided to create a new pvt ltd company in new name with his family members. both companies will continue working for some time and after around oneyear proprietorship will close and all business activities will conduct in pvt ltd. company and entire staff slowly will shift to new pvt. ltd. co. my question is about gratuity. whether we should pay gratuity in proprietorship company or take over entire staff to new pvt. ltd. company without payment of gratuity? management is ready to pay and ready to take over the entire staff in new entity without payment. please share your legal opinion on this.
Esi & pf when conversion of proprietorship into private limited
Dear everyone we have just converted our proprietorship business into private limited. now we have 2 esi & pf code for each proprietorship & private limited. we want to retain both of them. we are going to convert all our existing employees from proprietorship code to private limited code. but after that what we have to do with our proprietorship code. we don t want to surrender that. in future we may do other business under proprietorship name. so we want to retain that. now what is the minimum amount we have to pay for pf & esi monthly returns and how can we pay that.
Leave rules for a proprietorship company & pvt. ltd. com
Dear all can you pls. tell me the applicable leave rule with break up like etc. for proprietorship company and pvt. ltd. company. regards mehul
What are the things required to get sole proprietorship registration?
Hello seniors with due respect would like to know that i am planning to start a firm of selling online photographs just like shutterstock.com or any other. currently i would like to take sole proprietorship. i want to know that: 1. what are the things required to get sole proprietorship? 2. what is the charges of sole proprietorship? 3. can i later change it to private limited? kindly do the needful.
Esic/pf payment/ notice on esic dues - is it mandatory to pay esic & pf if company is register under partnership firm?
Dear all hope you are doing great can anyone help me with below query: 1 is it mandatory to pay esic & pf if company is register under partnership firm also for proprietorship company is it mandatory to pay? 2 if a company was registered under partnership but did not pay when it was running and now it is closed then can owner of that company can get get notice from esic office to pay 3 company was closed & same name is registered under proprietorship then do company need to pay pf & esic for previously closed firm from 2015 to 2017.
Maternity leave rules
What are the rules for maternity leave for employees who have joined the company for less than a year? is paid leave of 3 months mandatory? ours is a new start up company so does the same rules apply to all? what is the norm in the industry?