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ALTERATION OF COMPANY IN TALLY

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ALTERATION OF COMPANY IN TALLY Posted By   G.S. Bansal , On  September 12, 2012 ALTERATION OF COMPANY IN  TALLY .ERP 9 .   Suppose, you have created a company in tally ERP 9 and you committed some mistake or you want to alter the structure of the company then it can be done very easily.  But do very carefully because the creation or alteration of the company in tally is the framework of all accounting transactions or reports. So, be very careful while making any change in the company. Illustration: An accountant of a company created a company as XYZ Limited as shown in the following picture:- Now, he finds that he has given the code number as 110024 instead of 110030 while creating the company. How will he change the pin code number? Solution: After the creation the company, the accountant found that he has not entered the pin code number correctly. So, he wants to change the same. He has to follow the following procedures while doing any alteration in the above company:- Open the tall
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Keeping of Significant Controllers Register

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Keeping of Significant Controllers Register The Companies (Amendment) Ordinance 2018 ("the Amendment Ordinance") introduces new requirements on the keeping of significant controllers registers by companies. The Amendment Ordinance has commenced operation on 1 March 2018 . To enhance the transparency of corporate beneficial ownership in order to fulfill Hong Kong’s international obligations, the Companies Ordinance (Cap. 622) is amended to require a company incorporated in Hong Kong to obtain and maintain up-to-date beneficial ownership information by way of keeping a Significant Controllers Register. The Register should be open for inspection by law enforcement officers upon demand. Comprehensive information on the Amendment Ordinance, including Frequently Asked Questions, External Circular and Guideline issued by the Companies Registry on the new requirements, are available at this thematic section. Under the Companies (Amendment) Ordinance 201
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Location: Hong Kong
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Difference between Company registration and business registration

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They Play Different Roles Company registration, business registration and trademark registration in Hong Kong serve different purposes. They are regulated by different laws and registration systems administered by different government departments. Companies Registry The Companies Registry administers and enforces the Companies Ordinance (Chapter 622, Laws of Hong Kong). The Companies Registry is responsible for providing services for the incorporation of local limited companies and the registration of non-Hong Kong companies which were incorporated outside Hong Kong and have established a place of business in Hong Kong. Business Registration Office The Business Registration Office under the Inland Revenue Department administers the Business Registration Ordinance (Chapter 310, Laws of Hong Kong). The Business Registration Office is responsible for registering businesses carried on by an individual, a partnership, a local limited company or a non-Hong Kong co
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How a Secretarial Service Helps Get Your Company off the Ground

Our company formation service will tick every box of the company registration requirements. This ensures your business is up and running as soon as possible. We do all the legwork associated with a company name search. We prepare the relevant documents, Company Articles of Association and Certificate of Incorporation. Our expertise helps you receive your Business Registration License as soon as possible. We also take care of all the intricacies involved in your first year of business. These include preparing a Company Annual Return NAR1 and keeping your Significant Controller Register up to date.  Since we're acting as your designated representative, you can use our address as your business's physical address. We forward all government mail (unopened) to your address. We'll also make all the arrangements needed to open a bank account and arrange an appointment for you with your chosen bank. All we need from you are: 2 or 3 proposed names for your Hong Kong com
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Business Registration in Hong Kong

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The Business Registration Ordinance requires every person who carries on a business in Hong Kong to apply for business registration within 1 month from the date of commencement of the business and to display a valid Business Registration Certificate at the place of business. If the registered particulars of the business have changed, the business operator has to notify the IRD in writing within 1 month of the change. In order to operate a company in Hong Kong, you need to meet several complicated criteria. For starters, you're required by law to have a local resident company secretary. You also need a local registered address and maintain an auditor. In this light, it's clear that you need a company secretary in Hong Kong, but how does this service benefit you in other ways? Ways that go beyond merely complying with the law. Renewal of Business Registration For registered business, a business registration renewal demand note will be sent by the Business
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Location: Hong Kong
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The Bare Bones To Consider While Hunting For The Best Company Secretary In Hong Kong

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Nowadays, almost every company is seeking for the best company secretary to relieve themselves from an irrelevant burden. Do you know the privilege of having a company secretary? Do you know what they can produce in-house and what are the things which you can bequeath to them? Well! There are plenitudes of offers and services out there when it comes to selecting the right company secretary in Hong Kong . It doesn’t matter whether you are a bootstrap startup or an existing company having years of experience, availing services of a well-qualified company secretary is a need of every company. Below are some of the key points which you should consider while hiring the best company secretary: The hidden experience of managing things The professional experience isn’t merely the thing which you should contemplate. You have to take a peek at their hidden experience of handling various tasks which are related to your work. Choose the one who knows how to take care of the corporate go
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Services of a Company Secretary in Hong Kong

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Running a business successfully is a task that demands a number of skills and rigorous efforts from the end of an owner. Every business has a number of departments and teams that accomplish different tasks for the firm. Co-ordination between every team and a department is necessary for the overall enhancement of business profit. Every established and rising businessman often requires the guidance of the experts to outrun the times of business troubles. If you are a citizen of Hong Kong or are thinking of establishing a business there, a Hong Kong company secretary service provider can prove highly beneficial to you. There have come up a lot many Company secretary Hong Kong service providers out there in the market to fulfill the high demand for similar service by businessmen.  The fact that there are a lot many similar service providers makes it further complex to choose a quality service provider for one’s business venture. Following are a few of qualities and services that y
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