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Q: What is the objective of statutory compliances?
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Is SEBI a statutory body or non statutory body?

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What is a statutory inducement?

A statutory inducement refers to a provision in a law or statute that encourages certain behavior or actions. It is a legal incentive offered by the government to influence individuals or organizations to act in a desired way, such as offering tax breaks for investing in certain industries.


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How can register a company in shanghai?

Best advise would be to hire a local agent for doing your registration and required compliances.


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A statutory body deals with written law; non-statutory deals with implied law.


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How long is the company valid for?

Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.


How long is the LLP valid for?

Once a LLP is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the LLP will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.


Statutory lending ratio?

There is no statutory lending ratio.