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There are 2 new posts in "WATBlog.com - Web, Advertising and Technology Blog in India" Netz Capital Introduces Online LLP Incorporation ServicesNetz capital announces that it is all set to launch India’s first online, automated and easy to use LLP incorporation services from 1st March 2009. Netz capital online services shall work in tandem with Registrar of Companies (ROC) and provide easy access to ROC services through simple, easy to use interface. Netz Capital is a venture and advisory fund and some of the other businesses run by the group include Airnetz Aviation, Indsoft Systems and yacht charter services. In the release, Atul Khekade, Director of Netz capital said, “In the tough global recession time, Sole proprietorship companies as well as private limited companies are looking to shift towards limited liability partnerships that suits individual investors giving them limited liability for the business they are running.” “Business friendly bill of LLP in India shall attract lot of domestic as well as international corporate to form their entity and file tax returns in India” he added. Mr. Khekade is talking about the LLP Act,2008 that was recently passed by the parliament. The Limited Liability Partnership format is an alternative corporate business vehicle that provides the benefits of limited liability of a company but allows its members the flexibility of organizing their internal management on the basis of a mutually arrived agreement, as is the case in a partnership firm. This format would be quite useful for small and medium enterprises in general and for the enterprises in services sector in particular. Internationally, LLPs are the preferred vehicle of business particularly for service industry or for activities involving professionals. (Source) Complexities of registration and the red tape involved in the same has always been a major hurdle putting off a lot many entrepreneurial minds in India. If this service lives up to its claims and makes the whole process, especially the LLP registration hassle free, it would be a very handy feature to own. Netz Capital has also been in the news with regards to business incubation of nearly 30 startups and investing nearly $2 million in startup in India. Related Posts Also Check Out: 1takemedia.com Ties Up With Whistling Woods To Launch Film Competition1takemedia, an entertainment jobs portal in association with Whistling Woods International (WWI),A Mukta arts academy has launched its next Film Competition, which promises to be India’s largest film competition, giving all film makers a revenue generating platform for exposure and distribution of their work. 1takemedia is a niche job site catering to entertainment sector particularly film and tv industry whereas WWI is a learning academy for aspiring entertainment sector junkies. They have also tied up with In.com for online promotion. Competition details: The competition would give chance to aspiring filmmakers to show their skills and in the process also win prizes. The jury would include famous directors like Subhash Ghai, Ketan Mehta, Vikram Bhatt, John Mathew Matthan, Mike Pandey, and Jabbar Patel. This competition has three segments based on the length of the film / documentary. The categories are Film and Documentary a) under 10 minutes-prize money: Rs. 50000 b) over 10 minutes to 30 minutes: Rs. 1lakh each c) From 30 minutes to 60 minutes: Rs.1 lakh each How to apply: Interested members can send their films to Film Competition, 1664, Dadabhai Niwas, Building No. 42, Ground Floor, D.N. Nagar, Andheri (W), Mumbai 53 or Visit 1takemedia.buzz18.com to upload their entries. The films can be shot in any format including Handycam, PD 170, DV, miniDV etc. The types of films that will be selected include fictional short films, documentaries, live and animation. There would be no entry fees and the last date for submission of the entries is March 31, 2009 . This Film Competition also brings with it a revenue generating platform for the film makers according to which they will have a channel to distribute their films through this competition as 1takemedia has offered to share 50 % of the net income from distribution of the short films and documentaries submitted. This competition would provide aspiring film makers a chance to show their talent and also monetize their film making plans but what really dampener is the absence of any big prize money or contract obligation which could play spoil sport in this game. This could also signal entry of many entertainment players to launch their own talent showcase portal after looking at the success of reality and talent hunt competitions in India. Related PostsAlso Check Out: More Recent Articles
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