Business Registration — Guides & Insights | LeegAl

4 Articles

Mistakes & FAQs ×

Partnership Firm Mistakes and FAQs Answered

by Gaurav Kumar

Common partnership firm mistakes include not registering the firm, drafting a vague deed without exit and dispute clauses, paying the wrong stamp duty, not authorising partner remuneration in the deed, and ignoring unlimited liability when taking on risky contracts. Each can cost money in disputes or tax.

Mistakes & FAQs

23-Sept-2026

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One Person Company: Common Mistakes and FAQs

by Gaurav Kumar

Common OPC mistakes include choosing a nominee without discussing the role, planning investment or lending activities that OPCs cannot carry out, assuming no audit is needed, mixing personal and company funds, and delaying conversion when a co-founder or investor joins.

Mistakes & FAQs

23-Sept-2026

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LLP Registration: Common Mistakes and FAQs Answered

by Gaurav Kumar

Common LLP mistakes include not filing the LLP agreement within 30 days, drafting a vague agreement, overstating contribution, ignoring Form 8 and Form 11 in inactive years, and choosing an LLP when equity funding is planned. Each can mean late fees, disputes between partners or a costly conversion later.

Mistakes & FAQs

23-Sept-2026

0 47

Company Registration Mistakes to Avoid and Key FAQs

by Gaurav Kumar

The most common company registration mistakes are choosing a name that conflicts with a trademark, mismatched details across PAN, Aadhaar and DSC, stale or unsigned registered office documents, poorly drafted objects in the MoA, and ignoring post-incorporation deadlines such as INC-20A and auditor appointment. Each causes delay, resubmission or penalties.

Mistakes & FAQs

23-Sept-2026

0 56

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