Category Archives: Business Setup

This article titled ‘The Effective Tax Rate for the Legal Entity decided to be set up.’ is written by Mayank Shekhar and discusses the effective tax rate structure for a legal entity to be set up. I. What is a legal entity? A legal entity is a recognised party with statutory rights and duties. Legal entities are entitled and… Read More »

This article titled ‘Setting up a Business Unit in a Special Economic Zone.’ is written by Mayank Shekhar and discusses whether a business should be set up in a special economic zone or not. I. Introduction Special Economic Zones (“SEZ”) have been formed in India with the goal of attracting Foreign Direct Investment (‘FDI”) and enabling native firms to… Read More »

This article titled ‘Whether to opt for a presumptive taxation scheme if it is a small business.’ is written by Mayank Shekhar and discusses the relevance of a presumptive taxation scheme for small businesses. I. What is the Presumptive Taxation Scheme, and how does it work? The government has implemented a programme of Presumptive Taxation under sections 44AD, 44ADA, and… Read More »

This article titled ‘Type of legal entity that can be set up to minimize tax.’ is written by Mayank Shekhar and discusses the key to lowering the tax burden. I. Introduction: Type of legal entity that can be set up to minimize tax The key to lowering your tax burden is to lower the percentage of your gross income… Read More »

This article titled ‘Business Structure and Its Types’ is written by Mayank Shekhar and discusses the structure of a business and its various types. The company structure selected has an impact on everything from daily operations to taxes and the amount of personal property at risk. One should choose a company structure that strikes a balance between legal safeguards… Read More »