Blog

Are you willing to enroll for a startup or a new business in India then you must follow some official procedures to register them? You can apply for company registration in India, as MCA (service of Corporate Affairs) has made the registration procedure online a couple of years back, it would be ideal if you find underneath the best way to approach these procedures when you need to register your company.

You need not to visit the nearby corporate office, you can simply apply for online Company Registration with the help of professionals who can guide you with step-by-step procedure. We will assist you in getting a legitimate permit for your business. The Company Registration procedure incorporates some necessary steps and few legal rules and regulations that are to be followed. Such as Digital Signature Certificate (DSC), Director Identity Number (DIN) and petitioning for an e-form are to be done initially.

Private Limited Company Registration, is the best corporate structure to begin your organization. It can be enrolled with at least two individuals and its most extreme limit is with two hundred individuals. Since the private limited company is juristic, and the obligation of individuals is constrained to their shares. The Registration for the private limited company can be enlisted within 7-10 days. A private organization must hold board meetings and must file their annual returns with MCA (Ministry of Corporate undertakings). The Private limited company has more validity than an LLP or general partnership firm. Financial speculator and investor like to put their resources and investment into a private limited organization. Consistently about 100,000 organizations are enlisted in India every year.

What Is Required for Company Registration?

• PAN and TAN,
• DSC and Director Identification Number (DIN),
• Corporate Identification Number (CIN),
• Organization Name Reservation - RUN one Attempt,
• Articles of Association (AOA) and Memorandum of Association (MOA),

It's important to get register your company to maintain your business without any issues. India is a place that is known for fresh chances to succeed, regardless of, in which field your business is working the odds of getting an achievement is high, so it simply needs a beginning. Starting a business enterprise in India would bring you an awesome achievement. Decrepit this post earnestly till you fuse your last claim for your startup organization. We can assure you that you will wind up in registering your company by following our methodology.

Know The Essentials First: What is meant by Company?

In India, every month around 7 lakhs companies are enlisted and consistently a huge number of firms apply for their registration. As we know that company is a legal entity and as per the Section 3 of Companies Act 1956 it implies that once you are done with Company Registration then a legal entity has been formed. Under the ministry of corporate affairs, each organization is to be enrolled by the registrar of the company. There are two sorts of organizations known as private and public organizations. The term “limited” is usually utilized for corporate format the end of the name of the company. Initially, you must be aware of what these public and privately owned businesses are, and then choose how you need your organization to get registered for.

What Is The Basic Difference Between Public & Private Companies?

The main contrasts among Private and Public organizations are as follows:- 

• The minimum number of shareholders that are required for a privately owned business is two and whereas for a public organization must be seven.
• A privately owned business can begin its business when it is consolidated but on the other hand, a public organization should not begin their business until it gets business commencement certificate.
• Privately owned business shouldn't sell its shares to anybody or should not make any welcome to individuals in terms of company shares, whereas, on the other hand, a public organization can welcome individuals to get their shares by issuing a plan.

 Privately owned business may have two directors, but a public organization must have no less than three directors.

Know The Rules And Laws Related With The Company Registration In India

We all are well aware of the culture of today’s society. Nowadays both husband and wife are working, or both parents are working so they do not have much time for daily household works and they want to be quick and easier solutions for food. This need of the hour has given a boast to Packaged Food Industry and Ready to Eat Products.  This has led to the establishment of Food Safety and Standards Authority of India (FSSAI) which is an autonomous body and is run and govern under the establishment of Ministry of Health & Family Welfare which is part of Government of India.

The primary aim of FSSAI is to ensure that all the laws and regulations laid down by the ministry are being followed by the agencies providing us food. Thus you need to have a License from the FSSAI for which you need to file an application for the FSSAI Registration. This license is required and is a mandate for all businesses that are producers of any kind of food and it is irrespective of the turnover of the organization. The license has a unique 14 digit number which is called as FSSAI Registration Number. There is also a mandate that this number has to be printed on every package of the food that the organization produces or channelizes.

Types of FSSAI License:

Basic License: This License can be obtained for the business whose turnover is below INR 12 Lakhs annually. The duration in which a basic License can be obtained is three working days.

State License: The two conditions where you need to have a state FSSAI License are if the turnover of your business is between 12 Lakhs to 20 Crores annually or if you are the manufacturer then;

• If you are producing Dairy Product and you produce 2.5 to 2500 Metric Tonnes of Milk Solid every year.
• If you are Vegetable Oil Processing Units, and you are producing 2 Metric tonnes per day.
• For other manufacturers, if you produce 100 Kg to 2 Metric tonnes per day.

If you are not a manufacturer then;

• For Normal Storage, if the capacity is up to 50,000 metric tonnes.
• For Cold Storage, if the capacity is up to 10,000 metric tonnes.
• For atmosphere controlled Storage, if the capacity is up to 1,000 metric tonnes.
• For the wholesaler if turnover is up to 30 crores.
• For transporter, if no. of vehicles is up to 100.
• For hotel business up to 4-star rating.

The duration in which state License can be obtained is 30 to 60 days at maximum.

Central License:  It is applicable to the business whose turnover is more than 20 Crores annually. For manufacturers and non-manufacturers if the limits exceed the limit prescribed for state license then they need to have a Central FSSAI License. Anyone who wants to do an Import-Export business of food must also have Central FSSAI License without which they can’t do legal import or export business. The central License can be obtained in 20 to 30 working days’ time.

Documents Required for FSSAI Registration:

• Aadhar Card of Business owner.
• Scan copy of the signature of owner.
• Details of business activity.
• Declaration of Business place
• Scan copy of Photographs of owner
• MOA/AOA if Applicable
• Declaration Form
• NOC from the brand owner in case of repackaging
• NOC from the property owner
• Blue Print of a factory.
• If applicable Product Testing Reports.
• Also if applying for a central license you need to show your audited balance sheets.
• IEC code needs to be shown in case the business is of Import- Export.

FSSAI Registration Process:

• The first step is to fill Form A. attach the KYC details of the owner and select a business activity.
• Then you need to submit the declaration and select food items.
• The third step is to pay for the fees via challan.
• Then you need to respond resubmission received from FSSAI.
• Then remain in touch with the FSSAI Department on a regular basis to answer any objection raised or solve any query.
• FSSAI Inspector will come to your business place and do the inspection and observe things carefully and silently.
• Then if the inspector is satisfied and all the information stated through documents are correct then the FSSAI Department will issue a license of the type applicable in accordance with the laws and policies.

Get more details at Swarit Advisors anytime if you are looking forward for the assistance of experts who can guide you step-by-step all the way without any issues or problems. We are here to help you 24/7 hr anytime on our phone number or through the email.

Source by: https://swaritadvisors.puzl.com/_news/Food-We-Eat-Should-Be-Safe-Right%253F-How-To-Get-Assured%253F/124686

Limited Liability Partnership is a form of corporate entity wherein all the partners or some partners have limited liabilities. It is purely based and run upon the partnership and cooperation between the partners. Each partner in the LLP has a fixed defined legal liability and no other partner will be responsible for his liability or his misconduct and negligence of work. This form of partnership is different from a traditional partnership in which each of the partners has joint liabilities. Here in our blog, we will discuss the form that is required to apply for Annual Filing of LLP.

In a Limited Liability Partnership, all the partners have limited liability which is almost similar to the stakeholder’s incorporation however in an LLP, the partners have the right to manage the business directly which is not given to the stakeholder’s incorporation. This brings the need for the board of director incorporation. Also, the tax liability of an LLP is different from that of the corporation.

Why do we Require Annual Filing For Limited Liability Partnership?

All the Limited Liability Partnership in India is registered under the Limited Liability Partnership are required to apply for Annual Filing of LLP every year the statements of Account & solvency which is filed by submitting Form 8. Also, they need to file every year the Annual Return that is Form 11.

All the LLPs that are listed in India should file their Annual Return over a period of 60 days from the end of the close of financial year and Statement of Account & Solvency in a period of 30 days beginning from end of six months of close of financial year. For the LLPs it’s a mandate to maintain their financial year beginning from 1^st April and ending on 31^st March, which is not a mandate for any corporate entity that is registered as a company.

So the Annual Filling for LLP includes submission of annual reports and Statement of Accounts & Solvency. This requires the filing of Form 8 and Form 11 every year. 

Form 11:

This form is required by the LLPs to fill which has the details of the number of partners, total contribution received by partners, details of partners, details of body corporate as partners. All LLP in India are directed to file this form over a period of 60 days from the end of the financial year. The fees for this form has to be paid along with the filing to complete the procedure.

Form 8:

This form is to be filed with 30 days from the ending of the 6^th month of the financial year and the required amount of fees has to be duly submitted with the form itself. This form has to be verified and digitally signed by at least 2 partners and then it should be certified by a chartered accountant or cost accountant or company secretary. Form 8 has Statements of Accounts and Statements of Income & Expenditure.

So we provide the best possible solution for Annual Filing for LLPs and we extend our 24*7 support for our clients and ensure that the work is done on time and even if there is any difficulty we try to manage our deadlines for ensuring good client service. You may anytime get in touch with the specialists at Swarit Advisors to apply for annual filing of LLP. Dial our phone number or drop us an email so that we can shortly answer to your call or message. We are the leading top-notch online legal service provider firm, and we have a list of satisfied regular customers.

Source by: https://swaritadvisors.puzl.com/_news/Annual-Filing-For-A-LLP%252C-Get-To-Know-With-Us-What-To-Do%2521/124304

We understand that due to some situations, the company might want to change some of the information like name and address of the company. All the information about the company are provided in the application of registration of the company and hence if you want to make any changes in them it has to be done in accordance with the terms and conditions under the Companies Act, 2013. So for Change in Company Address we need to follow the proper procedure for the same.

What Are The Things to Remember? 

All the companies’ needs to have a registered office within 30 days from the day Certificate of Incorporation being issued and all the letters and information of the company are being sent to the same address. This law comes under the Section 12 of the Companies Act, 2013. If a company wants to change any information they need to furnish the details to the registrar for verification.

Follow the Procedure for the Registration of Change of Company’s Address

Below we are mentioning the basic steps by following which you can easily get your registration done, but in case you have any doubts or uncertainty then don’t forget to take the experts help for a hassle-free registration process.

• In order to Change in Registered office of company outside the local limits, the company will have to pass a special resolution for the same in a general meeting carried out with board of directors and shareholders of the company. If the resolution is passed the application for the change can be filed. The application needs to be signed by the Director.
• For the Change of Address of the Registered Office, the company has to file form INC-22 with ROC. For the verification of the address the company also needs to fulfil Rule 25 and Rule 27 of Companies Incorporation Rules, 2014 which are prescribed by the government.
• Rule 25: The verification of the address should be filed in Form INC -22 and the fees should be paid along with it for the same.  They should also include a copy of notarised copy of lease or rent agreement on the name of the company or authorization letter from the owner or a registered document for the title of the premises. Also the proof of any utility bills that is in the name of the owner can also work in this situation.
• Rule 27: The notice for the change of registered office should be filed in the above manner only, that is attached with Form INC -22 and again the fees needs to be paid along with it. The similar set of documents needs to be provided for the new address to be changed.
• To Change in Registered office of company from one state to another, the company needs to alter MOA (Memorandum of Association) of the company.

 We at Swarit Advisors help you to perform your legal changes and proceedings in a very simpler and efficient manner.  We ensure that our clients are satisfied absolutely and we work on deadlines provided by the client and never had we let them down. We are available for your assistance 24*7, you just need to make a call on our phone number or drop us an email so that our representatives can shortly revert you back. We are a team of dedicated professionals who are young and enthusiastic and look forward for client satisfaction and are absolutely cost effective as you can solve all your legal procedures just at one place and with one agency. We are the One Solution for all your legal aspects.

In the recent times, NBFC Registration has been simplified. You cannot begin any lending business in India, without a valid NBFC License from RBI. NBFC Registration methodology starts with Name endorsement of the proposed organization. You need to make sure that in name approval form the goal of the organization must be related to finance.

What Is The Future of NBFC in India?

NBFCs have made considerable progress in anchoring a pivotal position in the financial market of India. These organizations lend cash to definitive spenders or unorganized areas, which are outside the domain of banking areas. They have also been forced to bear the government influences particularly those NBFCs which have neither public assets and nor the client interface. Within the new structure expressing changes in the NBFC Regulations, the consistency load has been slowly diminished for Non-Deposit Accepting NBFCs. This has expanded the quantity of NBFC Registration recently.

Numerous zones including banks and NBFCs have been affected by the enactment of Companies Act, 2013, however, there were no major changes in consolidating the NBFCs under the new demonstration. Non-Banking Financial Companies (NBFCs) are the organizations consolidated under Companies Act, 2013 or Companies Act, 1956. Their main business, to be expressed in the MOA, while enrolling under the Companies Act, or generally will loan credit, making an investment in different kinds of offers and stocks, renting, procure purchase, business insurance, chit business, and receiving deposits under any plan or course of action. RBI manages the working of NBFCs under the system of RBI Act, 1934 and bearings issued by it in a timely manner. For each NBFC, to complete its tasks, it is important to get a permit from the Reserve Bank of India to begin its business.

Know The Requirements for NBFC Registration In India

Any entity before applying to RBI for the permit of NBFC License must satisfy the accompanying two criteria for starting their lending business:

• It ought to be an organization enrolled under the Companies Act, 2013 or Companies Act, 1956,
• Clean CBIL records,
• You ought to have least one director from NBFC foundation or senior Bankers as the full-time executive in the organization,
• It ought to have the least net owned assets of INR 2 crore.
• Comprehension of NBFC or Finance business,

In the wake of fulfilling the above conditions, an online application accessible on RBI’s site (COSMOS) ought to be filled and all the vital records required must be submitted with it. From that point, a CARN number will be produced which will be saved for inquiring about the status of the application. Hence, the printed copy of the application alongside the attached documents ought to be submitted to the provincial branch of the RBI. The NBFC License will be conceded simply after the careful examination of the application and your documents appended to it.

The Nidhi Companies, Merchant Banking Companies, Housing Finance Companies, stock broking/sub-broking organizations, Venture Capital Fund Companies, Stock Exchanges, Insurance and Chit Fund Companies and other financial organizations are referred to as NBFCs, yet they have been exempted from the commitment of enrollment under the RBI Act, 1934 subject to specific conditions.

What Are The Regulations Of NBFC Registration?

Once you have obtained NBFC License under the Companies Act after registering your NBFC organization under RBI Act, the following regulations of RBI must be formulated timely for accepting the public deposits: –

• Public deposits for a minimum time period of a year and a most extreme time of 60 months can be renewed or received,
• NBFCs can’t get stores repayable on request,
• The loan fees on deposits can’t be higher than the roof rate as endorsed by RBI,
• The deposits are not safeguarded and their reimbursement isn’t guaranteed by the RBI.

The establishment of business through NBFC is not that much demanding nor too easy but the government leverage to encourage NBFC Registration presently. In order to ensure the smooth functioning of our financial system on the country, few regulations must be followed. For more details or help in the online registration of NBFC, you may contact Swarit Advisors. We are the leading online service providers to assist you throughout the process until you get your NBFC License.

Source by: http://swarita-dvisors.webstarts.com/blog/post/why-do-we-require-for-nbfc-registration-in-india

An LLP or a Limited Liability Partnership is a certain corporate structure which has combined the flexibility in a partnership along with the advantages of having limited liability.The limited liability partnership of a company at a low compliance cost, so in a way, it’s an alternate vehicle for the corporate business which would provide the benefits of a limited liability of a given company. It would provide with all the above mentioned and at the same time will allow its involved members the flexibility of having an internal management organized on the basis of mutual agreement that they arrive on. And this is in the case of having a partnership firm.

Details and benefits of a limited liability partnership

Because of such a flexibility in the structure of Limited Liability Partnership, it’s rather useful when you have a small or a medium enterprise. And basically for all the service sector enterprises in general. Internationally the limited liability partnerships are a more preferred vehicle for running a business and particularly in the service sector that involves many professionals so that the investors are never at the risk of losing everything on an international level.

A limited liability partnership is always governed by the rules and provisions that come under the limited liability partnership act of the year 2008 and the salient features of it are as followed: –

• A limited liability partnership is a corporate body and also a legal entity of itself which is separate from the partners that run it.
• Whenever any two individuals that are associated in carrying out a lawful business with the financial profit in mind could subscribe their names to a document and then incorporate their partnership by filing that document to the registrar and form a Limited Liability Partnership. This limited liability partnership could have a perpetual succession.
• The rights and the duties are mutual to all the partners involved in the limited liability partnership and these shall be governed by a legal agreement among the partners in limited liability partnership. All subject to the provisions summarised under the limited liability partnership act of 2008. The act hereby provides a flexibility for devising their agreementas per their choices.
• The limited liability partnership itself is a legal entity will have the liability of having its own assets to a full extent. This will be through the partners being limited with respect to their agreed contribution in the limited liability partnership. The once formed limited liability partnership may or may not be tangible in nature, also none of the partners would be then liable on the accounts of any unauthorized independent actions performed by other partners in the Limited Liability Partnership. If any partners are found to have been into fraud activities or any misconduct then those partners’ liability shall become unlimited for all the damages and debts caused through them.
• Any limited liability partnership formed must have at least two individuals designated as the partners. It’s compulsory that at least one of these two must be a resident of India and their duties and obligations will then be provided as per the law.
• The limited liability partnership will be under the mandatory obligation of filing their annual returns on the maintained accounts that will, in turn, reflect their state of affairs whether their work is being done in fairways. These statements of their accounts must be filed each year with the registrar and also must be mandatorily audited depending on their annual turnover in the business.
• The central government has the power for investigating the affairs of any limited liability partnership in case it feels the need to. A competent inspector shall be sent to visit to do the job of investigation.
• Any compromises or any arrangements that will include any merger or an amalgamation of the respective Limited Liability Partnership then it shall be in accordance with the provisions under the limited liability partnership act of 2008. The Indian partnership act of 1932 will not be applicable to the limited liability partnerships.

We are the best professionals at Swarit Advisors who provide online legal services to our customers in the best possible ways. All you can do is either drop a mail or give us a missed call in the mentioned phone number our representatives will reach you shortly.

Source url: https://swaritadvisors.puzl.com/_news/What-Is-The-Need-Of-Limited-Liability-Partnership%253F/123944

We will be discussing everything related to the MSME business and it’s registration in this article. MSME is a short form of micro small medium enterprises. These may also be called as SSI which is a short form of small-scale industry. Now it’s called Udyog Aadhaar these days. These small businesses are the foundation of most of the economic growth and development of India, almost a backbone. On top of that these MSME Businesses are encouraged by the government itself and promoted too. Now how they promote it? Well the government launches different schemes and gives several financial and otherwise benefits to whoever gets an MSME Registration. So basically MSME doesn’t really require a registration but it’s a good idea to do so in order to avail the government given benefits.

Know the Basic Laws related to the MSME Registration

The micro small medium enterprises may avail a wide range of government subsidies and different financial benefits under the MSMED Act. The MSME business could be in both, the manufacturing sector as well as the service sector. There are registration categories for MSMEs depending upon their size and turnovers and also upon the amount of money invested. So while you are at it, let’s see their categories.

Types of MSME Registration Based on their Size, Investment, and Turnovers

• Micro Enterprises-This category is of micro enterprises which are the smallest of all the MSMEs. The criteria for MSME Registration in India under this category is when the investment in the manufacturing enterprises is less than the amount of Rs 25 lakhs while the Investment in the service sector is or less than the amount of Rs 10 lakhs.
• Small Enterprises-This is the second category within the MSMEs. The small enterprises must have an investment between the amount of Rs 25 lakhs and Rs 5 crore in the manufacturing sector while between the ranges of Rs 10 lakhs and Rs 2 crores in the service sector.
• Medium Enterprises-The medium enterprises being the largest in the MSMEs for a category, here the investment for the manufacturing sector should be between the amount of Rs 5 crore and Rs 10 crores. While it should be between the amount of Rs 2 crores and Rs 5 crores.

What Is Required for MSME Registration Application?

• Government Registration frees
• The MSME Registration application form.
• Prescribed list of documents for the submission at the registrar office.

Procedural steps for MSME/SSI Registration

• Complete the MSME Registration application form or SSI Registration online process application form.
• Prepare the listed documents required for MSME Registration. This shall take 1 to 2 days.
• Filing for the MSME Registration application – the application is to be filed along with all the prescribed list of required documents that we had prepared earlier. And submit both to the MSME Registration registrar. This shall take about 2 days.
• Your MSME Registration application will be verified by the department for the approval. By this step your side of the job is complete. And you just wait.
• Once your MSME or SSI Registration application has been approved by the MSME Registration department, an MSME Registration certificate or your SSI Registration certificate will be issued in your name and will be sent to you via courier.

That’s it, your MSME Registration is complete. But in case if you are planning to take the help of specialists who can guide you all the way then pick up a renowned organization by searching through the Google. We at Swarit Advisors are the leading online service providers whose experts are dedicated 24/7 hr to serve you with the best possible solutions in a hassle-free way.

Source by: http://swaritadvisors.over-blog.com/2018/08/what-are-the-laws-related-to-the-msme-registration-in-india.html

Private Limited Companies are the most widely used type of legal entity of corporates in India. They are in short and most popularly known as Pvt Ltd. The registration of such legal entities is governed by the Ministry of Corporate Affairs, Companies Act, 2013. They also have to follow and adhere to the laws of Companies Incorporation Rules, 2014.

To begin your own Private Limited Company you need a minimum of two directors and two shareholders. For being the director of the company it is essential for you to be a natural person, however, the shareholder can be a natural person or a corporate legal entity.

In case if any foreigner or any foreign corporate entity or NRIs wants to establish a company in India they can do it through Foreign Direct Investment which makes it very easy for the NRIs to invest in India and earn profits.

Know TheVarious Benefits of a Private Limited Company

• A Private Limited Company is a separate corporate legal entity, the company’s finances are separate from the owner’s finances.
• There are no personal liabilities to Limited company owners.
• The private limited companies can borrow money, raise funds and capital from the market without involving personal risk.
• They have a legal precedent to guide the various shareholders and the directors of the company.
• They have an unlimited life and their existence does not end after the death of the directors or shareholders.
• They are given certain relaxation on the taxes and they have to pay a little less corporation taxes.
• Easy transferability of the company can be done, by simply transferring the share to someone else.

What Are The Disadvantages of a Private Limited Company?

• It is a mandate for the directors and shareholders of such a company to hold annual meetings and observe specific formalities.
• The procedure for registration of a private limited company is more expensive in comparison to sole trader or partnership.
• Such companies have to pay annual fees and have periodic filing obligations and various audits are to be done compulsorily.
• The owners however, have less control over the company unlike sole trader so that no compliance issue can be raised.

We ensure you to help you with the best possible solutions at your end if you are looking for the private limited company registration with the help of experts. Dial our number or drop us an email so that we can reach you back as soon as possible.

What Is The Procedure for Company Registration?

• Acquiring Director Identification Number (DIN)-This is the first step and each and every director of the company must have the Director Identification Number. To get this you need to file a DIR-3 form which is available on the site of the Ministry of Corporate Affairs.
• Acquiring Digital Signature Certificate (DSC) – To ensure the authenticity and security of documents and data, the Information Act 2000, says it is compulsory for all the documents submitted electronically to have a valid digital signature. This DSC is issued by only those agencies which are appointed by Controller of Certification agencies.
• Name Approval- You now need to apply for name approval in RUN form with the MCA portal. Name should be unique.
• Incorporate the Company- The last and the major step in the procedure of company registration after name reservation is to incorporate the company.

For more details, contact Swarit Advisors anytime whenever you need the help of specialists. We give best solutions and hassle-free solutions to our customers so that they may approach us again if they need without any hesitation. Customer satisfaction is of utmost importance to us.

Source url: https://swaritadvisors.hatenablog.com/entry/build-your-dreams-build-your-company-and-get-It-registered

This article is an informative blog that will give you a straightforward idea on what FSSAI Registration is and how you can apply for it. This article contains the most basic information you might require in order to get an FSSAI Registration in India.

So let’s start with the detailed description of the procedure. Now the 1^st thing you have to do is filing a simple form which is going to be required for providing details regarding your food business.

Now to make things rather simple, you can always reach out to some agency, such as our Swarit Advisors, there are many experts out there, waiting just to serve you in the best possible way. Such an agency is likely to go by the following steps for FSSAI Registration.

• First you must send the copies of all the documents you are asked for. Next, you must then mail these documents to the agency of your choice. This way they will be able to create your FSSAI Registration There are two such forms, form A and form B. This process will take about 2 to 3 working days to complete.
• The next step to your Food License is the submission of all your documents. The FSSAI Registration application is filed with the required documents as well as some other declarations by a professional. And the whole application is filed to local food business operator. This step will take about 10 working days to complete.
• Now the FSSAI Registration is issued. You will get a mail of the acknowledgement of your Food license online. You shall receive such mail in about 2 working days.

Here your process ends as you get your FSSAI Registration license or certificate along with your FSSAI Registration license number. Next is the prescribed list of documents that you need for submission in order to get the FSSAI Registration license.

Documents required for FSSAI Registration license

• Declaration form
• Authority letter
• Copy of the papers of your property in case you own one.
• Or copy of your rental agreement or rental deed document in case you are to do the business on the rented land.
• A certificate of food safety management system plan.
• Utility bills like water and electricity of your place of business.
• NOC from the land lord in case of running your business on a rented property.
• A copy of your Aadhaar card or voter identity or of your partners and directors. Basically all of yours id proofs.
• Form 9: A board resolution along with the names of the individuals nominated by your company.
• Another set of documents for the manufacturers.
• Blueprint/layout plan of the processing unit
• List of Equipment and Machinery
• List of the foods via the category desired by you to be manufactured for your food business.
• Pesticide residues report of water

Guidelines on FSSAI License Number

You receive an FSSAI Registration license number on your certificate which is of 14 digits. This number is very important and holds the information about your food business and operations. It’s always unique to each FSSAI license.

The rule is that the display of this number is mandatory. The display has to be in following places –

1. In your main office along with your obtained FSSAI Registration certificate.
2. On all the food products packages that you sell.
3. If your food business operations consist of you importing any kind of foods from overseas to sell in India then you are to display your obtained FSSAI Registration license number along with address of supply on a sticker which will be stuck on your imported food products. Do this before the custom clearance as this will be checked.

The last basic thing you need to know is the type of FSSAI Registrations so you may apply for the right category.

Know the Types of FSSAI License

• FSSAI Basic registration – having a turnover under Rs 12 lakhs per annum.
• FSSAI State license – having a turnover between Rs 12 lakhs to 20 crores per annum.
• FSSAI Central license – having a turnover exceeding Rs 20 crores.

We at Swarit Advisors have skilled and highly educated professionals who are 24/7 hr available to support you and help you whenever you need us. What you have to do is to dial our phone number or email us, so that we can easily approach you to answer your queries and doubts.

Source url: https://swaritadvisors.puzl.com/_news/Follow-Accurate-Procedure-For-FSSAI-Registration-In-India/123544

As the name recommends, MSME (Micro, Small, and Medium Enterprises), incorporates such enterprises that are at a medium or small level in the terms of investment and production. MSME Registration in India comes under the MSMED Act, 2006 which is known as the micro, small and medium Enterprises Development Act, 2006.

It is not obligatory for all organizations to apply for MSME Registration. But it is constantly advisable to enlist under MSME scheme as it is advantageous for business and it gives a wide range of benefits like the lower rate of interest, tax endowments, rating sponsorships, capital speculation subsidies, the exemption in excise and so on. Swarit Advisors can assist you with expert consultation in order to get your MSME Online Registration done.

What Are The Categories of MSME Registration?

In accordance with the MSMED Act the Micro, Small & Medium Enterprises can be classified into two categories:-

1. Manufacturing Enterprises:- The ventures occupied with the production or making of goods pertaining to any industry determined in the primary schedule to the businesses (Development and control) Act, 1951) or utilizing plant and apparatus during the value addition to the last item having an unmistakable name, character or, use. The Manufacturing Enterprise is characterized in terms of Plant and Machinery investment.

2. Service Enterprises:- The ventures occupied with giving or rendering of administrations and are characterized in terms of investment in equipment.

Know the Benefits of the MSME Registration

• Advantages from Banks: All banks and other monetary establishments perceive MSMEs and have made some special plans for them. This benefit incorporates priority sector loaning, which implies that the probability of your business being sanctioned a loan is high, and lower bank financing costs. There may likewise be particular treatment in the event of postponement in reimbursement.
• Tax breaks: Depending upon your business, you may appreciate an excise exemption scheme and in addition exclusion from certain direct taxes in the underlying initial periods of your business.
• Advantages from State Governments:Those who have registered themselves under the MSMED Act sponsorships on power andtaxes, most states offer state-run industrial domains. Specifically, there is a sales tax exclusion in many states and also the purchase preference for the goods.
• Advantages from Central Government: The central government time to time declare new schemes so that people can avail benefits from MSME such as credit guarantee scheme.

What Is Credit Guarantee Scheme (CGTMSE)?

One of the main issues that are faced by the small-scale industries is the credit & input of income from different sources to help them. The Credit Guarantee Scheme is acquainted to help MSME, accompanies changes to make it more advantageous for small dealers. It helped in enhancing the ideal eligibility loan from 25 lakh to 50 lakh. For more details, you may contact Swarit Advisors anytime.

We at Swarit Advisors are the best leading online legal service providers, we offer proper guidance and step-by-step procedure to help you in applying for MSME Registration. All you have to do is to make a call on our phone number or drop us an email. We have skilled professionals who are anytime available to help you in any circumstances whenever you need us. So, feel free to contact us as we are having years of expertise in handling the online processes whichare quite tedious.

Source url: https://swarit-advisors.weebly.com/blog/what-are-the-benefits-of-msme-registration-that-you-can-grab

Copyright Registration is similar to the trademark and patent registration and they fall in the same category. Copyright Registration is also for an intellectual property. And the copyrights are registered under the copyright act of 1957. This Act came into existence for the protection of the rights of the owners of the intellectual property. This intellectual property could be the work of literature or a drama or any kind of music or an artistic work similar to it. All these can be copyrighted, however this Copyright Registration is not available for other intellectual properties like some ideas, procedures or any certain developed methods of operating something. These may be patented but not copyrighted.

What Are The Rights You Will Get After Copyright Registration?

Now that we have learned some degree of distinction for what could be copyrighted we know that through Copyright Registration the original creator gets an exclusive right over their creations and get a protection from the law against it being misused, plagiarised, or stolen.

If any day this intellectual property that was copyright registered is ever misused or copied by anyone other than its rightful owner then the owner has the right to sue the culprit in the court of law. This is because after the registration such thefts becomes a punishable offense. Another reason why the copyright act was formed was to honour and credit the work of the individuals that have put an effort into creating their work. It’s instinctively believed that their work deserves credit and general appreciation.

Another right a copyright owner has is that only they are allowed to work with their intellectual property. They may as well if they wish, sell it or transfer their rights to someone else with their permission.

What are the Benefits of Copyright Registration?

• Legal Protection-The original creators of the original intellectual property get legal protection through Copyright Registration. The work is by law protected from any kind of possible infringement.
• Market presence- You can openly present your work in a marketplace and not be bothered by the fear of it being copied by anyone. You may use your work in order to gain publicity for anything that’s related to your work. It has an impact on the consumer’s mind.
• Suing based on evidence in the court of law-The rightful owner of the copyrighted work can use their Copyright Registration certificate in the court of law as an evidence that in fact the work was created by them.
• Creation of Asset-The copyrighted work can also be used as an asset in a way by either selling it out for commercial use, giving permission to use to others temporarily for profits or could be franchised.
• Branding or Goodwill-By getting a Copyright Registration you create a sense of trust and goodwill of being known and evaluated by the authorities. This way the promotion of it becomes easier in the marketplace to the consumers.

Follow The Procedural Steps for Getting Copyright Registration.

1. Prepare Copyright Application – start by preparing a Copyright Registration application which will not take more than 2 working days.
2. Filing of the copyright Registration application – submit it with all the collected documents that are required with your Copyright Registration application to the copyright government department. This process will take just one working day.

3. Copyright certificate issued –when your application will be approved by the department your job will be done and your registration process will complete here. You will receive an acknowledgment about your Copyright Registration being complete and you will get a copyright certificate to keep.

In case if you find it difficult to follow the steps and need the help of specialists who have experience in handling the issues when it comes about online registration process such as Copyright Registration, then you are at an absolutely right platform. Swarit Advisors is one of the leading firm which is known for offering reliable online legal services to its customers. Contact us through our email or our mentioned phone number on the website, our representatives will shortly revert you.

Source url: https://swaritadvisors.puzl.com/_news/What-Are-The-Advantages-Of-Copyright-Registration-That-You-M/123173

An NGO means a non-government organization. A certain organization that works in a charitable way with no intention of gaining any financial profits in mind. An NGO Registration in India can easily be done under the following categories of law.

1)        NGO Registration as the trust under the trust act of 1882.

2)        NGO Registration as a society under the Societies Act of 1860.

3)        And this one is latest, NGO Registration as a company under the companies act of 2013 section – 8.

What Is The Purpose of NGO Under Section 8 of The Company?

The purpose here for the establishment of an NGO mainly under the section – 8 of companies act 2013 is for promoting the non-profit objectives of the NGO initiators. It could be in the form of any trade, commerce, arts, educational, religious, charity mainly. It could be for the protection of the environment, any social welfare like for rescues of animals, anything related to sports or research. Even the income and profits that come through running an NGO are put for the promotion of the NGO’s non-profit objectives and never distributed as a dividend among the shareholders.

The minimum number of directors that must be there for starting an NGO organization is two. This is in the case of starting an NGO as a company under the company’s act of 2013 under the section 8. The incorporation in the form of a private limited company would require at least two directors while in case of a public limited company the minimum number of directors is three and the maximum number of directors may go up to 200 in a private limited company whereas in case of a public limited company, there is no limit prescribed by the government.

Another good thing about registering an NGO under the company’s act of 2013 under section – 8 is that there’s no minimum paid – up capital required to start it.

Coming to the pre-requisites for the NGO Registration in India

Know the Pre- Requisites to the NGO Registration

• Obtaining a DSC or as the full form says digital signature: – A digital signature is a requirement when filing for any Registration forms online as these forms are digitally signed. Now DCS should be obtained for your directors of the NGO to be registered. The DSC comes in the form of a certificate which is given by the government recognized agencies. The cost of obtaining it varies with the agencies. You must get a DSC under either class 2 or class 3 category. Under the class 2 DSC, the person is verified with the pre-existing information. In the case of class 3 DSC, the person who is trying to get it must present themselves in front of the registry authority for proving their identity.
• Application for the DIN or as the full form suggests Director Identification Number: – you will require to apply for a DIN for the supposed directors of your NGO. The application is to be filed by filing the form DIR 3. This will also need attached scanned copies of the required documents like a self-attested PAN card, proof of the director’s identity and address.

Submit all this at the MCA portal which the portal of the ministry of corporate affairs. Your forms can be attested by a professional, namely a practicing charted accountant or a company secretary.

What Are The Number of Forms Required for NGO Registration?

Name of the form and purpose of the form are listed below: –

• RUN             Name Approval,
• INC 12 Issue of Licence as section 8 company,
• INC 13 Memorandum of Association,
• SPICE          Incorporation of company,

If you are willing to get the help of professionals then you must reach the renowned and experienced consultancy firm where experts are constantly available to serve you in the best possible ways. We are the top-notch online service provider for any online legal processes where you may register your NGO firm without any blunders.

Source url: http://swarita-dvisors.webstarts.com/blog/post/how-to-register-your-ngo-organization-under-section-8-of-the-company-in-india