Advisou - Company Registration in India

Looking for a promising business opportunity in the insurance sector? An insurance broking license can do wonders for you. Once you secure this license, you can do a number of things that drive substantial income. These include ethical promotion of insurance products, assisting clients with choosing the right policy, doing upsells, finalizing deals, and helping clients understand the legal jargon. Let’s learn more about this license  What is an Insurance Broking License? An insurance broking license turns a corporate entity into a recognized fiduciary. Unlike individual corporate agents who represent specific insurance brands, a licensed broker works directly on behalf of the client. Your legal mandate is to analyze the entire open market and structure the best possible risk mitigation strategy for your buyer. The IRDAI categorizes broking licenses into three distinct buckets, depending on your business model: Direct Broker: Focuses on retail or corporate clients for both Life an...

There is no such thing as a perfect business. An income-churning business is a well-oiled machine that has several components, among which the most crucial is a legal structure. While it seems unimportant at times, a legal structure can have a significant impact on the daily operation and long-term growth of a business. That’s why it is important to be wary of a structure when incorporating in India. Those who are under a rock can choose  Private Limited Company Registration. Why? Let’s find out why this structure is so popular among startups and entrepreneurs in India.  What is a Private Limited Company?  A private limited company is a legal structure that falls under the Companies Act 2013. It requires at least two local directors and two shareholders to be incorporated. When compared to LLC and partnership, a Private Limited Company Registration is much more robust and legally stable. Here’s why It prevents shareholders from putting their assets at stake during a crisi...