The company’s nationality is decided by itsa)Shareholdersb)Regis...
The company's nationality is decided by its Registered Office.
Explanation:
The nationality of a company refers to the country in which it is considered to be incorporated or registered. This determines the legal framework and regulations that apply to the company. The registered office plays a crucial role in determining the nationality of a company. Here's why:
1. Registered Office: The registered office is the official address of a company that is recorded with the relevant authorities. It is the place where official documents and communications are sent. The location of the registered office is significant in determining the company's nationality.
2. Legal Jurisdiction: Each country has its own set of laws and regulations governing companies. The registered office establishes the legal jurisdiction under which the company operates and is subject to the laws of that country.
3. Nationality: The registered office determines the nationality of the company because it defines the country under whose legal system the company operates. It affects various aspects of the company's operations, including taxation, compliance requirements, and legal obligations.
4. Change of Registered Office: If a company decides to change its registered office, it may also change its nationality, as it will now be subject to the laws of the new jurisdiction.
In conclusion, the registered office is a key factor in determining the nationality of a company. It establishes the legal jurisdiction and framework under which the company operates and is subject to the laws of that country.
View all questions of this test
The company’s nationality is decided by itsa)Shareholdersb)Regis...
Registered Office
The nationality of a company is determined by its registered office. The registered office is the official address of the company where all legal documents and correspondence are sent. It is the place where the company is officially located and registered with the government authorities.
Shareholders
While shareholders have ownership in the company, they do not determine the nationality of the company. The nationality is based on where the company is registered and operates from.
Place at Books of Accounts are Kept
The place where the books of accounts are kept does not determine the nationality of the company. It is important for financial record-keeping and compliance purposes, but it does not define the nationality of the company.
In conclusion, the nationality of a company is decided by its registered office. This is the official address of the company and the place where it is registered with the government authorities. Shareholders and the location of the books of accounts are important aspects of a company's operations, but they do not determine its nationality.
The company’s nationality is decided by itsa)Shareholdersb)Regis...
A
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