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Can ESOPs be issue to promoters/founders?

Employees used to enjoy the benefits of employee stock ownership plan (ESOP) in their company but a common question between employers rises, if they can also get the benefits of ESOPs just like employ...

Why are ESOPs preferred by Startups?

Starting a business nowadays becomes easy but it is hard to grow them and make an identity in the market especially for startups. However, startups in India are now opting for ESOPs to attract a talen...

Eligibility Criteria for Startup Recognition: What You Need to Know

The Indian Startup Ecosystem has grown rapidly over the last couple of years. In order to encourage and support entrepreneurs and generate job opportunities, the government has launched the Startup In...

GSTR-3B: Meaning, Benefits, Applicability, Due Date & Process

GSTR-3B is a monthly self-declared summary return that every regular GST-registered taxpayer must file, even if there are no transactions during the tax period. GSTR-3B is important because it makes t...

Setting Up ESOPs in Indian Startups: Step By Step Guide

Setting up ESOPs in Indian startups can be a strategic idea for business growth but this process of implementing the ESOPs in your business brings multiple legal processes. These steps must be fulfill...

How to Close a registered Company? Step By Step Procedure!

Starting a business brings excitement and challenges together. However, if the challenges are not managed effectively, a company may become inactive, non-operational, or revenue-less, resulting in the...

GSTR-9 Annual Return: Complete Guide

The Goods and Services Tax (GST) system in India relies on self-assessment, regular reporting, and yearly reconciliation. Monthly or quarterly returns ensure regular tax reporting. The annual return u...

Difference b/w Strike off & Winding up

The legal process of shutting down a company or business is known as company closure. It includes closing companies operation and removing its name from the Registrar of companies. This process can be...

What is ESOP Meaning, Benefits & How do ESOPs work?

In today’s competitive world, companies attract & retain their talented employees by using multiple ways and methods. ESOP (Employee stock ownership plan) is one of the ways to retain employ...