Tag: Registration

Get Your Trademark With Search, Classes and Registration

In every country now it seems to get some over strict rules for corporate sector. For developing countries like for India, China, Singapore and many more that involves in export and import are compulsory to follow all types of business rules and regulations. These countries comprise wide range of corporate sectors offer different types of products and services to the world market. In this all world leading companies usually hire the services of business law companies that facilitate all types paper work and other business legal solutions to these business houses at the international level. There are many business companies that offer all these types business law services to corporate sector of different level. Among the different services trademark search India, federal trademark search, company registrations, company formations, company names search, trademark monitor, paralegal trademark, copyright registration, PCT filling in India, patent trademark attorney, brand registration, logo registration, trademark infringement and many more. All these services involve huge paper work that should be submitted to particular law office scattered to the different sections of the globe and it is very easy for these business law companies to come over with these legal services that must be follow by different business houses world wide.

Among these services trademark registration is one of the most demanded and favorable legal services of the corporate sector. Trademark is a mark in the form of design, logo, attractive words or phase that represents a particular company in the world market. As per the rule one should not use / copied / misuse other’s trademark previously registered by the trademark register office. There are many rules and procedures to be follow for trademark registration including describing a mark to the trademark registration application, when it was first used along with classification and describing the services or products on which the mark will be used. Apart from these trademark search plays an important role for business houses where these business law companies facilitates the complete search for trademark with its legal availability. As in many cases there are chances to get trademark which is not legally available.

Mainly during the time of trademark litigation, these business law firms played a vital role for the cheated company where they have to submit claim application and many other processes have to follow in order to get justice. Apart from these trademark watch and trademark classes are also offered by law firms under which the classification of trade mark has taken place. These classifications involve the types of services or products under which the trademark is to register. These legal firms assist you in selecting classification and deciding what type of products you have and under which classification your trademark is to be get registered. Besides these, there are many services that one should follow in order to get all types of benefits at the corporate level. It is recommended to follow as without following it is very difficult to run business smoothly across its boundaries in the long run.

Udyog Aadhar Registration – Answering What, Who, How and Why of It

The Government of India offers small and medium-sized business a unique number and certificate that recognises and certifies them as enterprises. It is called the Udyog Aadhar registration. Previously known as the MSME registration process, any of the following businesses can opt for it:

  1. A sole proprietor entity
  2. An LLP enterprise
  3. A private limited company
  4. Or any other corporation

To register, a 12-digit Aadhar Number is needed which can be provided by:

  1. The owner of the firm
  2. The director of the enterprise
  3. The proprietor of the entity

Udyog Aadhar – Who Should Opt for It?

Any business, trade or entity that meets the specified criteria of micro, small or medium enterprise can apply for MSME registration. If the company can be classified as MSME, it can opt for Udyog Aadhar. The type of enterprise can include:

  1. Proprietorship
  2. Partnership Firm
  3. Limited Company
  4. Production Company
  5. One-Person Company
  6. Co-Operative Societies
  7. Hindu Undivided Family
  8. Private Limited Company
  9. Limited Liability Partnership

Besides the ones listed above, any other association of people or undertaking can also choose to register for Udyog Aadhar.

How to Register for Udyog Aadhar?

In the past few years, the government revamped the SSI and MSME registration process to make it much simpler. The rejuvenated system is straightforward and doesn’t require too much data. It should be noted that the online portal can only be used by individuals who have an Aadhar Card and possess an enterprise.

A person who wants to register as MSME but doesn’t own an Aadhar number needs to file for Udyog Aadhaar Memorandum (UAM) with the General Manager of the required District Industries Centre. Here are the steps to take for those who have an Aadhar number:

1. Udyog Aadhar has an official registration portal. The first step is to visit it.

2. Once the website is open, fill in two particulars:

  • The complete name of the individual filing for registration.
  • Their 12-digit unique Aadhar Number.

After this click on the ‘Validate and Generate OTP’ button. The one-time password will be sent to the mobile number registered with Aadhar Card. Use the OTP to fill in the social category. There will be four classes:

  • SC
  • ST
  • OBC
  • General

3. Now all the details of the business or enterprise need to be filled in. Remember the space for the name has to be filled in with the name of the business and not the person filling the application. For the correspondence details, type in the entire postal address of the business. This would include:

  • District
  • Pin Code
  • State
  • Email Address
  • Mobile Number

4. Next comes the carry forward information which necessitates data such as:

  • The date the entity started operations. (Use the calendar to fill the accurate date)
  • Any previous registration data. (This includes SSI registration, EM1, EM2 and UAM registration number)

5. The form will now ask for bank details. Enter the bank account number and IFSC code of the bank branch. Please ensure that the account is registered under the enterprise’s name. To find the IFSC code, go to the website of the bank.

6. The following step is to specify the main business of the enterprises. Udyog Aadhar offers two choices – manufacturing and services. For a company that does both, the best-case scenario is to pick the option that constitutes the significant chunk of operations. For example, if the enterprise is 70% manufacturing and 30% services, then manufacturing would be the right selection.

7. The last detail the form asks for is the number of employees currently enrolled in the business and the full investment amount.

8. The final step of the procedure is to choose the District Industry Centre. Use the drop-down list to pick one. After this accept the declaration and submit the application.

If a person has more than one enterprise, they will need to fill a separate Udyog Aadhar form for each one of them.

Why Register Under Udyog Aadhar?

A simple process that requires nil paperwork is not the most consequential incentive for registering an enterprise for Udyog Aadhar. The scheme offers a plethora of paybacks and advantages to small, micro and medium-sized businesses. To name a few:

  • The company gets an excise exemption.
  • The trade can opt for credit guarantee scheme.
  • The firm is also exempt from direct tax laws.
  • Since business demands a lot of electricity, a registered enterprise can avail concession on power bills.
  • If the entity files for trademarks or patents, it gets a reduction in fee.
  • Once a firm is designated as an MSME, it can avail many government schemes such as:
  1. easy loans
  2. loans without guarantee
  3. low-interest rates on loans

Another avenue for increasing the revenue of the business is subsidies that are enjoyed by registered MSMEs.

  • When the enterprise decides to participate in international and foreign expos, it gets financial support from the government of India.
  • An Udyog Aadhar firm gets exemptions when they apply for any tenders issued by the government

Private Limited Company Registration In Delhi

Registering a company is the most important task before starting a business in a legal way. Whether it’s a private limited company registration, partnership, proprietorship firm or limited liability partnership registration, a business should get incorporated based on its nature of business, organizational structure and its fiscal status. When it comes to Delhi, which is one of the most preferred investment hub, a business group or individuals must fulfil the statutory compliances recommended & suggested by Ministry of Corporate Affairs and its concerned authorities before executing their business plans.

Registering a company is still considered as tedious task because of involvement various legal formalities. Here we will try to discuss the simplest way of company registration in India. Initially the form processing were done manually from the back – end teams (still operational) but after initiation of MCA21 portal the formalities became simpler and faster. Below are comprehensive details of the documents & schedules to register a company in India.

Mandatory Requisites Before Process Initiation

Minimum Authorized Capital Rs 1,00,000.

Minimum Two Directors

Pan Card of Each Directors

Address Proof of Each Directors

At least Two Photographs Of Each Directors

Business Premises/Office Address Proof (Rent Agreement Valid)

Phase I Initiated

Day 1: Processing of DIN (Director Identification Number) & DSC ( Digital Signature Certificate).

Day 2: Awaiting DIN & DSC -> DIN & DSC Received.

Day 3: Name Availability Check & Name Approval Application In Progress.

Day 4: Pending For Action -> Assigned-> Pending For Approval/re-submission.

Day 5: Name Approved.

Phase II Initiated

Day 6: MOA ( Memorandum Of Association) & AOA (Articles Of Association) Drafted.

Day 7: Processing of Incorporation Application

Day 8: Pending For Action -> Assigned-> Pending For Approval/re-submission.

Day 9: Certificate Of Incorporation Issued.

Day 10: PAN (Permanent Account Number) of Company Applied.

Once our company got Incorporated, we may take a leap towards our working & get the relevant certificates related to our nature of business. For example if we are providing services then we fall into service provider category hence liable for Service Tax Registration. On the other hand if our business relates sales & purchase of products & commodities then we must opt Sales Tax registration.

These both certificates helps us in smooth operations in terms of billings & quotations.

It is always recommended that we should consult a legal or financial consultant prior to starting a business as it involves some legal issues that can be resolved by taking help of the experts in private limited Incorporation.

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