Yes, one can certainly add many products in the shelter of one private limited company . But, the products must be in line with the central object as specified in the MOA and must be in similar fields. An organization uses to gain profit from particular business activities. To gain expanding profit the efforts of the company must be directed in one way. The company is a kind of organization that needs a specific registration process to be followed and limited its reach within terms of the law. The scope of activities of the company is determined by the contract documents of the company i.e. MOA and AOA. The scope clause of the company is considered in the MOA of the company, which must be furnished to MCA while company registration . You can also consult CA/CS near you or make a query on online ca service portals for more information about the multiple product startups. Mother dairy is a brand that deals in all dairy products but they are different from each other. St
While starting up a business in India needs so many legal formalities to carry out. Usually, the business person feels it is difficult to manage out all the other business activities. That’s why they require a Online chartered accountant , you want to know why because he can carry out all the legal formalities in business like taxation, audits, financial accounts managing, etc. So, in this article, we will be going to have a closure look at accounting services. But before that let’s understand who is a Chartered Accountant (CA). What is meant by chartered accountants? Chartered accountant refers to expert accountants who are qualified to take on several specific activities within the arena of accountancy. They are eligible to give all types of accounting services. So, the tasks he/ she performs for the organizations are : Auditing financial statements Filing of corporate tax returns Financial advising Oversee financial systems and budgets Evaluate the company’s systems and exa