Hi, I am a blogger and run a blog named https://www.theproche.com/.
Do I need to register it as a company to give salary and PF to my employees?
From India, New Delhi
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Do I need to register it as a company to give salary and PF to my employees?
From India, New Delhi
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Understanding Business Entities and Legal Requirements
Your question needs elaboration. Any business organization will be a legal entity depending upon its constitution, subject to the definition of any law applicable to it. It can be a Sole Proprietary Concern, a Partnership Concern, or a Company registered under the Companies Act.
Types of Companies Under the Companies Act, 2013
The Companies Act, 2013, broadly classifies companies into Public Limited, Private Limited, and One Person Company (similar to a private limited company with some specific restrictions). Once registered under the Companies Act, there is no distinction between the owner and the business. Therefore, the constitution of an entity has no relevance in the application of labor laws.
From India, Salem
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6108Your question needs elaboration. Any business organization will be a legal entity depending upon its constitution, subject to the definition of any law applicable to it. It can be a Sole Proprietary Concern, a Partnership Concern, or a Company registered under the Companies Act.
Types of Companies Under the Companies Act, 2013
The Companies Act, 2013, broadly classifies companies into Public Limited, Private Limited, and One Person Company (similar to a private limited company with some specific restrictions). Once registered under the Companies Act, there is no distinction between the owner and the business. Therefore, the constitution of an entity has no relevance in the application of labor laws.
From India, Salem
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Employee's Compensation Act-2009.pdf