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By the definition, a trademark is a visual symbol that could be a word, a name, a device, a label, or brand name that are often used by different companies for distinguishing themselves or their goods or their services in general that their business represents from others. A trademark can also be referred to as a form of intellectual property. So a trademark registration will be required to keep it from being misused or copied.

A trademark registration certificate will make the trademark intangible asset for your respective business. A trademark registration can be used to protect a business’s investment, so a trademark can be registered only if it’s distinctive yet representative of the goods and services that you are willing to introduce and sell into the market.

Obviously if you propose a trademark registration of a something similar or identical to an already existing trademark then you will not be able to get your registration done.

The trademarks in India are controlled by the general controller of the patent designs and the trademarks. This comes under the ministry of commerce and industry of the Indian government. All the trademarks will be by law registered under the trademark act of 1999. This act provides the owner of their trademark the right to sue anyone for any kind of infringement of their trademark.

Once the trademark is registered, it can be used and will be protected by law for 10 years after which you must renew its registration. Trademarks that are near their expiry dates can easily be renewed by simply filing for a trademark renewal application form for another coming 10 years to follow.

WHAT ARE THE REASONS TO REGISTER A TRADEMARK?

• Legal Protection– certainly provides your trademark legally from being stolen as it criminalizes the very act. Also gives the right to sue the offender.
• Unique Identity– provides a company with its unique identity to stand out in the marketplace.
• Creation of Asset–your registered trademark has the right of being sold, franchises or contracted making it an intangible asset.
• Trust or Goodwill– you having a trademark gives the consumers some degree of confidence in your products.
• Global Trademark Filing– you can file for global trademark registration in this way nobody in the world will have the right to misuse your trademark providing it protection globally.

WHAT ARE THE DOCUMENTS REQUIRED FOR TRADEMARK REGISTRATION?

• Identity and Business Proof

1. Identity proof like a passport.
2. Driver’s license
3. Aadhar card
4. Voters id or ration card

Above mentioned documents of the individual who has filed for the trademark registration and ownership of the trademark. In case of the legal entity or registered body, a partnership deed document or incorporation certificate of the company or registration certificate of the company is required.

• Logo with Tagline

If a trademark registration application is filed for a word then the logo is not required, but in all other cases, a logo is to be submitted. The logo is supposed to have the exact same words that are mentioned in the trademark registration application. The submitted logo should preferably the black and white format.

• Prescribed Form and User Affidavit

The form TM A authorizes only a law attorney for filing a trademark registration application on your behalf. And this is to be filed to the registrar of the trademark registration office. Just in case, a claim comes ups of previous use of the trademark then a trademark user affidavit must be submitted.

We at Swarit Advisors are having expertise in dealing with the issues that users might face while struggling with the challenges in the online legal registration processes. So, you can anytime contact us through the phone number or email id so that we can revert you back as soon as possible.

Source url: https://swaritadvisors.puzl.com/_news/Filing-Procedure-With-Experts-For-Trademark-Registration/122852

In this fast developing world, the mutual trust is decreasing day by day, you should secure your property-related agreements through a legal contract or binding in a satisfactory format and a residential rental agreement is one of them, where the owner and the tenant agrees to few terms and conditions. No matter whether you are a landowner owning a property or an occupant hoping to lease a property, it’s imperative that you make use of a legitimate residential rental agreement that can include all the terms and conditions and purposes of both the parties involved. The residential rental agreement ought to be error free to ensure the interests of both the parties and the document should be referred to as a proof in the case if any dispute occurs.

Check If The Owner Is Actual Owner Of The Property?

Before you consent to the residential rental agreement, make sure that the individual you are interacting with, is the genuine proprietor of the property. Most of the times, NRIs or speculators hand over their property to caretakers, who may rent it to an outsider without the knowledge of the actual owner.

Along these lines, you ought to confirm the title documents, for example, the sale deed and share certificate, rather than acquiring a no-objection certificate (NOC) from the lodging society where you need to rent the property. “If in case, the property or the apartment is sold, the original sale deed will be under the custody of the bank. In such a case, a NOC ought to be acquired from the bank. This will specify the legitimate owner’s name.

What Does Residential Rental Agreement Contain In Its Document?

A Residential Rental Agreement incorporates the terms and conditions under which the property is given on the rent. It includes the rent value and the time period for which the agreement has been made, and in addition the security amount also that should be stored with the proprietor by the tenant. The agreement ought to clearly specify the day preceding which the rent is relied upon to be paid. In the case, that the tenant neglects to pay the rent before the mentioned time period, the penalty charges that he would be at risk to pay will be mentioned in the agreement. The rental agreement could also include the facilities, for example, parking spot or the utilization of society’s gym, included in the property. There could be extra monthly charges, for the society maintenance and further club expenses. It will be ideal if the extra charges for utilizing such facilities are clearly mentioned alongside the tenant who is supposed to bear them.

The tenure of the Residential Rental Agreement is typically 11 months, until and unless it is mentioned in the agreement. If it is more than a year then it is compulsory for the proprietor to get the document registered. The agreement must indicate the notice time period and punishment for dropping the agreement without completing the predefined period. Commonly, a two-month notice period is served in the case of high investment properties, while the one-month notice is adequate for low rental ones.

A tenant ought to confirm whether the proprietor has incorporated a rent escalation condition in the Residential Rental Agreement or not, which could be utilized to expand the rent in the following two or three months. The most ideal approach to protect yourself is to guarantee that the Rental Agreement indicates the dates on which the rent escalation will be pertinent and the level of increment as per the advice of the specialists.

Are you looking for the help of professionals who can help you in understanding the terms & conditions of the agreement in case if you are befuddled with the lawful words in the agreement? We at Swarit Advisors are the best in offering legal procedure services to our customers whenever they need. You have the right to go through the documents and the bills related to the rented property that has been paid. We can help you with the better understanding of the Residential Rental Agreement to avoid any sort of mishaps.

Source url: https://swarit-advisors.weebly.com/blog/before-signing-a-residential-rental-agreement-what-you-must-check

There are many individuals who are ready to quit their prominent employment and swing to social work. If you are one of them, then you should be aware that setting up a non-governmental organization (NGO) is simple and not that much trouble to register for. You can do it on your own or may take the proficient assistance from a lawyer, chartered accountant or may reach Swarit Advisors where our professionals will guide you all the way for NGO Registration process.

NGOs are the associations that are more dedicated towards the advancement of a specific cause or the welfare of a targeted population. And as they work in the non-benefit domain, their objectives, goals and usual methodologies are somewhat extraordinary as contrasted with profit-driven organizations. To accomplish their goals, NGOs need to take after a realistic approach ideal from the phase of conceptualization. Furthermore, there are some rules and regulations set around by the Government of India and the provincial state governments. Here is a well-ordered guide for beginning your own NGO in India.

Follow the Below Mentioned Procedure To Start AN NGO Organization

1. Set out the issues that your NGO needs to address, and recognize the mission and vision of your NGO Organization first.
2. Before applying for the NGO Registration, you need a promoters' body set up, that will be the principal representing body on registration, and will be the in-charge of everything like activities and decisions related to the NGO, till the new body is constituted according to the set standards, as and if appropriate. The overseeing body will be associated with all issues of the key significance, including strategic relevance, money related management, HR, and systems networking.
3. In India, it is required to report a trust deed/Memorandum of Association/Rules and Regulations for every NGO which contain the name and address of the NGO organization and the mission, goals, points of interest of governance of the NGO.
4. In India, you may register an NGO under any of the accompanying Acts: As a Public Charitable Trust- As there is no national level Public Charitable Trust Act, an NGO can be enrolled in specific provinces in India as well. It might take note of that Indian Trusts Act 1882 is mean for Private Trusts, which is legitimately treated like a revenue driven entity.

• Societies Registration Act of 1860- For the Societies Registration, it can be formed by a group of at least seven individuals. Its arrangement is basic but may take a little longer time to finish the enlistment procedure than that of a trust registration and is more affordable than that of a trust, but it additionally manages greater adaptability in terms of regulations.
• Companies Act of 2013- An association which is created for the advancement of art, science, trade, religion or charity can be enlisted as a non-profit driven organization but rather its individuals can't be paid a dividend. All wage and benefits, assuming any, ought to be used for assisting the further goals of the organization.

1. Raise finances through inside sources (participation expenses, sales, membership charges, donations, and so forth.) or stipends from the Government, private associations or foreign sources. The Inflow of foreign assets is represented by the Foreign Contribution Regulation Act (FCRA) 2010. All the three kinds of association are eligible to enlist under Section 12A of the Income Tax Act of 1961.
2. If you don’t want to meet the above obligatory necessities that we have shared with you, then you may follow a wide network of other NGOs, and government organizations including the corporate world and media. An NGO flourishes essentially on the strength of the partnerships like other organizations do.

In our blog, we have discussed about the requirements to start an NGO Organization. If you already have an NGO organization and you want to register it then you may consult through our professionals at Swarit Advisors where we have years of experience in handling any possible issues that may occur during the NGO Registration. Feel free to contact us anytime we are 24/7 hr available to help you with best solutions at your end.

Source url: https://swaritadvisors.hatenablog.com/entry/how-can-we-start-a-ngo-organization-in-india

The Food Safety and Standards Act, 2006 has brought huge changes to the sustenance business with an end goal to provide safe and standardized foods to the customers. The Food Safety and Standards Act, 2006 has made FSSAI Registration compulsory for nourishment business, food business operators and sustenance items. In this article, we take a look at the two primary sorts of FSSAI Registration-Food Business License and Food Product Approval.

The Food Safety and Standards Act 2006 authorized by the law making body of India to enhance the execution of the food business. The main role of the Act is to manage the working of food operator, online seller, maker, wholesaler, distributor, importer, etc. You can’t begin a food sort of business without a legitimate permit from the concerned state government. Along these lines, any food manufacturing, packaging, processing and distributing agencies are required to get a food permit under FSSAI. This all has been done simply to include transparency in the food items just to ensure the quality checks on food items &to check pre-characterized standards by FSSAI.

WHO REQUIRES FOOD LICENSE?

Food license is required by everybody who offers food products either on the internet or offline. As you are planning to sale your food products in your business then you must go through FSSAI Registration based upon the turnover of your business. Prior to the start of your business, you will require the food permit from the government.

WHAT ARE THE DOCUMENTS REQUIRED TO OBTAIN THE FOOD BUSINESS LICENSE IN INDIA?

FSSAI has issued rules and the accompanying archives mentioned below are required by the Food Business Operators who are applying for the central or state food permit:-

1. Application Form-B appropriately finished and signed (in copy) by the proprietor/accomplice or the approved signatory.
2. Outline or Layout Plan of the handling unit in total measurement with an assigned zone devoted for the operations.
3. Rundown of executives with their entire address and contact details.
4. Name and list of types of machinery alongside the installed capacity.
5. Personal ID and address verification issued by the concerned government (Optional).
6. Rundown of food items that are to be manufactured.
7. Food Safety Management System plan or endorsement (If any)
8. Examination report (Chemical and Bacteriological) of the water to be utilized as an ingredient in the food product through a government approved laboratory for the food testing.
9. Evidence of the ownership of the premises (Could be a rental agreement or sale deed, electricity bill etc).
10. In the case of re-labelers, NOC from the manufacturer is required.
11. Details of the milk products and the milk collection centers.
12. Details of the source of meat processing units and raw materials for meat.
13. Pesticide buildups report of water in case if manufacturer packs drinking water, mineral Water, carbonated water from a government recognized lab.

WHAT ARE THE DOCUMENTS REQUIRED FOR THE RENEWAL OF THE FOOD LICENSE?

The documents that are to be given if there should arise an occurrence of renewing the food license from the common food laws to FSSAI Act (Food Safety & Standard Act), 2006

If you are completing a food business under the past food laws and you need to renew your Food License then you have to follow the below-mentioned steps:-

• If there are any changes in the documents or the information given at the time of past permit for a food license.
• Certificate or Plan of Food Safety Management System from the authorized organizations if there should be an occurrence of the central licensing unit or an affidavit statement announcing for the consistency of GMP or timetable for necessities.
• The rundown of laborers with their therapeutic wellness certificates.
• The Name, qualification, and details of the specialized staff accountable for Operation (material for assembling or handling units).

Get in touch with the Swarit Advisors anytime through our phone number or through the email. We are capable of providing every possible solution to you whenever you are in need.

Source url: https://swarit-advisors.weebly.com/blog/professional-help-for-getting-food-license-in-india

The food business operators looking to get registered for a food license will need to apply for the form B. It’s not that much of a difficult job to do. There’s just this one application to go through for either new or renewal of your food license.

A food license is a just a 14 digit number given as Registration number to you, which will be printed on every product you sell that has been known to be safe during registration process. This number will be unique and will be present for identification or recognition of your products.

What is food license?

The licensing and Registration of the food businesses is done under FSSAI. This Registration is an essential element for all the food business operators. These food business operators may be any one dealing with wholesale, manufacturing, supplies, trading or repackaging etc. There are a few types of food license Registrations. And the type of the food license you need to register with depends on the annual turnover of your supposed food business. You are not allowed to commence or carry any kind of food business unless it’s a very tiny food business, you’ll have to get yourself a food license by registering yourself under the FSSAI authority which is governed by the government of India.

Let’s see the type of food licenses there are.

Depending on your annual turnover, a food business operator will have to either file an application for simple FSSAI Registration online via the “form A” or simply apply for the “form B”.

Following specifications will guide you through the forms:-

Annual turnover when below Rs 12 lakh, go for form A. When it’s between Rs 12 lakhs to Rs 20 lakhs register your food license via form B. For state food license it’s again form B and also form B for the central food license. Any food business operator that fails to get a food license will be liable to pay a penalty for their offences. The FSSAI act has prescribed the offences and the penalties that are related to the food businesses. This is to ensure the food safety.

The food license in state and its Registration can be issued by the state authorities that are operating in each of state in India.

Some points for food licenses

• An easy and simple food license is issued within the time period of 1 month.
• There’s no food license for small food business operators, however Registration is mandatory.
• This act of Registration or licencing ensures the safety for the consumer and at the same time ensures that there shall be full compensation for the victim in case of any hazard or even worse, death.

Some important instructions:-

• The food business operators must always apply for the food license or in case they own restaurant, then restaurant license.
• In case the food business operator is functional in more than 1 state then an additional central license needs issuance for their head office.
• The operators involved with import of food items are allowed to take single central license, at their import and export code address.
• If there is one presumption but with various kinds of food businesses, then they are eligible for one only Registration.
• The food business operators are supposed to abide by the rules and regulations of the FSSAI laws in order to get the food license.

Source url: http://swarit-advisors.blogspot.com/2018/07/how-to-get-food-license-registration-in.html

Are you someone looking for creating a brand name for your business? Just like famous names like Amazon or Paytm or something similar?  Then you’ll find out more details on how to do that in this article today. The very first step of it is trademark registration. Now the trademark registration isn’t just a license, it’s actually an urgent requirement for making your business more visible and more open to opportunities and attention. Without securing your brand you’d probably not rise much as it will be easily copied or stolen.

Now that you own a business and want to establish it well in the business market, then you should get a trademark registration. The whole process is easy that you can easily do it yourself, but you can also opt to take service from agents who will do the trademark registration for you. It’ll barely take a day for the agencies. Usually, you have to mail them with your details and an agent from the agency will guide you throughout the process accordingly and in a smooth way.

The trademark registration application filing will be done within a working day and then you will be able to use the trademark in just a 3 days time. Also once your trademark registration application is filled you are able to track it online. This is because though the filing of an application takes about 1 to 3 days but actual trademark registration takes around 9 months to 16 months and that’s why you have to track your progress online while your application gets processed.

During this period of time, your trademark registration application could get rejected too. This rejection usually happens because of not replying on time. Every time there’s an issue, you get notified with a time period to reply them back when you fail to reply and resolve the official queries your application will get rejected and unfortunately you’ll have then started it all over again from the beginning.

What all you can get a trademark registration on?

Even though a trademark is likely to be mostly the brand name of your company it could be rather registered on the various way, like did you know that you can get a trademark registration on a sound as well? Not many people know that. For example, the way the tagline sounds “paytm karo” for the brand paytm can have a trademark registration over it as well. Now what else can you get a trademark registration on?

• The colour of the brand name like Coca-cola is red
• The way the ringtone sounds of the idea, Airtel, Docomo.
• So while explaining the kind of intellectual property that can be trademarked, following I’ll explain its types: –

1. The product – like boutique is a shampoo product again can be trademarked.
2. Shape – the shape of a beer bottle or the parachute lotion or the shape of dove soaps that shape can be trademarked as well.
3. A service – like the online shopping websites of Flipkart, amazon, Snapdeal etc which are service providing brands.
4. The sound – you know the famous song “Do Co Mo” of the docomo. Or Nokia’s famous ringtone? Yes, those songs can be trademarked.
5. Colours – the very famous colour red of Coca-colaor the blue colour of Pepsi can very well be trademarked and copying the trademarked things is a criminal offence.
6. Words – the words like Facebook, Twitter, Google, etc are few examples of the trademarked words.
7. Logo – like the logo of Nike can be an example of trademark registration of a logo.
8. Phrases – we’ll take example of the above brand Nike they say “just do it” and that tag line is trademark registered.

Finally coming to the documents that you will require for trademark registration.

Till now in my explanations, I have shed light over the understanding and details of the trademark registration and what trademark registration or a trademark is. Now we’ll just finally look at the documents you’d need for trademark registration.

• Trademark “TM” requisite form.
• Power of attorney
• Declaration of for use of TM
• Other incorporation documents.

Note:- only the scanned copies of these documents are required in online filing of trademark registration, the hard copies are mandatory for NRIs.

Source url: http://swarit-advisors.blogspot.com/2018/07/trademark-registration-important-aspect.html

In India if you are someone willing to start a small business then you may consider the MSME Business. These are the micro, small, and medium enterprises. This sort of businesses contributes to the Indian economy and is one of the basic businesses that comes with lots of benefits as the government itself supports and promotes it. The promotion of these micro, small, and medium enterprises is done by the government through various kinds of subsidiaries and schemes and some incentives.

Coming to the question of how would you get those benefits? And the answer to that is by getting an MSME Registration done under the MSMED act from the central government and the state government and the other banking sectors to avail all the benefits that government is willing to give you to promote your kind of industries in the market.

The micro, small, and medium enterprises belong to both the manufacturing process and the services sector. Both the categories can get MSME Registration under the MSMED act. Even though the MSME Registration is not statutory but it’s rather beneficial to get an MSME Registration done for the sake of being eligible for receiving the benefits by the government. These benefits are like the eligibility for lower rates of interests from banks, tax subsidies and excise exemption schemes.

We will now move on to the MSME Registration procedure in India. And in case, you find the whole process bit overwhelming or too much to handle, no need to stress out. There are professional people out there just to do this for you. You can simply search for them online and contact these agencies that you pay for packages and they do literally everything and hand you the certificate.

Why Do We Require MSME Registration?

MSME Registration, to be honest, is absolutely optional. It’s just under the MSMED act the government has put some benefits and the MSME Registration should be done just for the sake of availing benefits from the government. Besides benefits were solely thought of promoting more and more small-scale industries so might as well take it.

What Are The MSME Registration Categories?

• Micro Enterprises

Micro-sized MSME enterprise is the smallest of all. In the manufacturing sector, a micro-sized enterprise must have an investment that does not exceed the amount of Rs 25 lakhs. While if it’s an MSME micro-sized service sector then the business must have an investment not exceeding the amount of Rs 10 lakhs.

• Small Enterprise

This category of small enterprise is mostly manufacturing sector. The capital investment in this category should be at least amount of Rs 25 lakhs but not exceeding Rs 5 crores in the plant and its machineries. But a small enterprise that is in the service sector must have at least an investment of Rs10 lakhs but should not exceed Rs 2 crore.

• Medium Enterprise

A medium-sized enterprise under the MSME medium category, the manufacturing sector individual must have an investment that is more than the amount of Rs 5 crore but does not exceed the amount of Rs 10 crore in their plant and machinery. The medium-sized enterprise in the service sector must have an investment of the amount of at least Rs 2 crore and must not exceed the amount of Rs 5 crores.

So if you have any plans to apply for MSME/SSI Registration online then you are at right platform we can help you in perfect guidance all the way until you get your registration done in an exact and precise way. We at Swarit Advisors are the best who are renowned for giving perfect expert consultation for legal processes.

Source url: https://swaritadvisorsindia.wordpress.com/2018/07/10/how-to-get-online-msme-registration-done-with-professionals-help/

Being in the food business as a food business operator it is an  important step to get FSSAI Registration done. This registration is  essential because without FSSAI Registration or license it is illegal to commence any business that has any relationship with food whether it is manufacturing, storing or distributing. One of its categories also  involves the import of any sort of food items comes under getting the  FSSAI Registration. The FSSAI is a short abbreviation for food safety  and standards authority of India, they ensure that what you are selling  to consumers is safe to consume and abides by their standards. Let’s see how you will be able to get FSSAI Registration.

Documents required to obtain FSSAI Registration

Have a look at the following documents that you must have in order to obtain the FSSAI Registration or online food license.

· Declaration form,
 · Authority letter,
 · Copy of Property paper (If you are commencing business on an owned property),
 · Copy of Rent agreement (If you have your business on a rented  property),
 · Food Safety Management System plan or certificate,
 · Electricity/ Water bill (Business Place),
 · Copy of Aadhaar Card or Voter identity card of Proprietor or Partners or Director,
 · Form 9 Nomination of Persons by a Company along with the Board Resolution,

Guidelines on FSSAI Registration Number

There is a special importance of this 14 digit number which provides  the information about the manufacturer’s registered details and the  state where that particular product was manufactured. The owner of the  respective brand must display this number on the packaging of the  products they sell because this is mandatory. And in case the products  are imported, their importer will have to display their FSSAI number.

Now that you know of the basic requirements and the importance of  your FSSAI Registration number, we will see the types of FSSAI  Registrations.

Types of FSSAI Registration

The types are classified into 3 categories, it is based on how much  they have spread their business and the annual turnover. The criteria  specified in rules are as follows:

· FSSAI Basic registration

You can get a basic FSSAI Registration when you own a small business  or a start-up that has a turnover that doesn’t exceed the amount of Rs  12 lakhs. This basic FSSAI Registration can always be upgraded to the  state level as they progress towards higher turnover.

· FSSAI State Registration

This category of FSSAI Registration is for the mid-sized companies  that have a turnover more than the amount of Rs12 lakhs but does not  exceed the amount of Rs 20 crore.

· FSSAI Central license

This category has a central level FSSAI Registration in Delhi and typically for the large-scale industries that have an annual  turnover over of Rs 20 crore. Under this category, you can register also if you are supplying food at government offices or are importing and  exporting food products.

Finally getting to the basic steps in getting FSSAI Registration

Steps for getting the FSSAI Registration

Filing for FSSAI Registration application can be done directly at the government office but it takes 60 days for completion. So might as well do it online.

Step1:- Filing the form for FSSAI Registration application from the official FSSAI website depending on your turnover category.

Step 2:- Get a payment confirmation and it will be reflected in your  FSSAI account. You need to then file the form A or form B depending on  your business and go through giving in multiple declarations and  resolution copies and details. Some attested by charted accountant or  company secretary where required and instructed in the form.

Step 3:-You may get your application sent back for a few edits if  anything is by chance left in your application. You will have 15 days to respond back with corrections. If you fail to do so, your application  will be rejected.

Step 4:- The government department will take about 45 to 60 days to  process your application and review it eventually granting you FSSAI  Registration certificate and number. Both of which are to be displayed  openly in our office
 For more insight details don’t hesitate to get in touch with the experts who have years of experience in handling the issues that may occur  during the online registration. We at Swarit Advisors offer reliable  expert consultation and solutions to our global customers.

Source url: https://swarit-advisors.weebly.com/blog/how-to-find-the-best-agency-to-get-experts-help-for-fssai-registration

When you have set foot in the business world by the establishment of a private limited company, an important step in it is its registration. By registering, you put it into the existence. In this article, I’ll be staying at the point with the topic of the private limited company registration. You’ll find things in step by step instructions so you have a clear idea on how to approach the process of the private limited company registration in India.

Have a look on the steps mentioned below to follow the registration procedure of a private limited company.

1.  Application of DSC & DPIN:

The very first step to Private Limited Company Registration is DSC and DIN short abbreviations for director identification number. A DSC is an online form of signature which is to be used for filing online forms, whereas DIN is something issued by the ministry of corporate affairs or MCA. If in case of directors already have a DSC and DIN, then this step could be skipped and moved to the next step.

2.  Name approval:

A name for your online Company Registration in Delhi must have been unused and requires an approval. For this step, you will have to come up with 3 different name options and provide it to the ministry of corporate affairs for approval of one of them. The name being unused has to be ideally unique and representative of the activities of your respective private limited company.

3.  MOA & AOA submission:

Once you get your name approval, next would be drafting a memorandum of association and article of association also known in short as MOA and AOA. Both MOA and AOA are to be filed with the ministry of corporate affairs and then get a statement of subscription so as to finally get an incorporation certificate.

4.  Get incorporation certificate:

The process of getting an incorporation certificate takes about 15 to 25 days’ time. This is to form a private limited company and getting the incorporation certificate. This incorporation certificate is the proof that your private limited company has been created. This also includes your CIN which is a short abbreviation for corporate identity number.

5.  Apply for PAN, TAN and Bank Account:

The last and 5th step is an application for a PAN and TAN both can be received within 7 working days. After this, you will be able to submit the incorporation certificate, the MOA, and AOA along with PAN to the bank in order to open a bank account.

These are the basic steps that you have to follow when you have made your mind to register your private limited company and if you need to hire experts then go through Google Search engine and you will find that Swarit Advisors is one of them. We are available to offer you hassle-free online services anytime.

Minimum Requirements for Private Limited Company Registration

The minimum requirement that is required for the registration of the private limited company is as mentioned below: –

• Minimum 2 Shareholders
• Minimum 2 Directors are required
• DIN for all the Directors of your private limited company.
• At least one of designated partner should be the resident of India.

What Are The Documents Required For Private Limited Company Registration?

• Copy of PAN Card of directors
• Passport size photograph of directors
• Copy of Aadhaar Card/ Voter identity card of directors
• Electricity/ Water bill (Business Place)
• Copy of Property papers(If owned property)
• Copy of Rent agreement (If rented property)
• Landlord NOC (Format will be provided)

You will require these documents to be submitted with your application if you find it difficult then contact us anytime. We are the top most leading online legal service provider firm. Customer satisfaction is utmost important to us hence we always focus on delivering the best services to our customers whenever they need us.

Source url: https://swaritadvisors.hatenablog.com/entry/the-basic-steps-required-for-private-limited-company-registration

We will be discussing everything basic regarding the Nidhi Company Registration in this article and some really basic steps that you might require to know regarding Nidhi Company in India.

Firstly let’s see What Nidhi Company is?

A Nidhi Company is simply a kind of a company that belongs to the category of a non-banking financial company sector or an NBFC for short. The Nidhi Company Registration comes under the section 406 of the Companies Act of 2013. The very basic and the core business activity of a Nidhi Company is giving and taking money in the form of lending and borrowing. This is done among the members of the Nidhi Company. The Nidhi Company can very easily accept any deposits from its respective members as well as lend them money too.

The reserve bank of India has the power to direct these members in the matters that are relating with the deposits from the members. The rule is that the Nidhi Company cannot accept any deposits from any individuals other than the members of its own.

When planning to start a Nidhi Company and wishing to get one registered, you can reach out to the professionals that will guide you through the documents as well as take the responsibility of smoothly getting you through the whole process. We at Swarit Advisors are the one who has gained notoriety among other online legal service providers.

What Documents do you require to apply for Nidhi Company Registration?

• A digital signature for 3 directors of the Nidhi Company.
• Their director identification numbers (DIN).
• A search for trademark name search and Nidhi Company name approval.
• Memorandum of association and the article of association.
• The fees required by the MCA.
• Nidhi Company’s PAN card copy.

What Are the Advantage of Nidhi Company Registration?

• Limited Liability-The limited Liability is there for the members and the directors of the Nidhi Company. This means that under limited liability, if this company suffers from any kind of financial distress or loss because of the primary activity that’s being carried out, then the members and the directors of the Nidhi Company will not be liable to deal with them beyond the invested capital with no risk to their personal properties and savings. Nothing from their personal assets will be ceased by the government.
• Better Credibility – A Nidhi Company can enjoy better credibility when compared with any other membership based organizations or institutions. Like the trust or co-operative society or certain NGO. Nidhi Companies are under the authority of MCA or the ministry of corporate affairs.
• Less Compliance-The directors of a Nidhi Company can easily be added or removed by filing just a simple form with a regional registrar of the company registration. The activities of the Nidhi Company are controlled by the board of the Nidhi Company.

Nidhi Company Registration Process:

• Get a DSC or digital signature certificate.
• Director identification number for the minimum of 3 directors.
• Name approval for the Nidhi Company Registration online.
• The final incorporation by filing for the form to the registrar of the companies along with a required list of documents. Like the address proofs and declaration of the directors.

Requirements for a Nidhi Company Registration 

• PAN Card of all directors and shareholder
• Latest Bank Statement/Telephone or Mobile Bill
• Voter’s ID/Passport/Driver’s License
• Passport-sized photograph of all directors and shareholder
• Scan copy of Signature (signature should same as on PAN Card)
• Scanned copy of Notarized Rental Agreement from the owner of the property in case it’s rented.
• A NOC from the owner of the rented property to start and operate the Nidhi Company.
• For Proposed Registered office (Residential or commercial)
• Any Utility bills
• Minimum 7 shareholders
• Minimum 3 Directors
• Minimum Capital of Rs 5 lacs
• DIN for all directors

Minimum Requirements After The Nidhi Company Registration is Done

• Minimum number of 200 Members ( Within 12 Months )
• A net owned fund must be Rs. 10 Lakh and above
• Unencumbered deposits of not less than 10% of the outstanding deposits
• Net own fund vs deposits of the members should not be more than the ratio of 1:20.

If you want any help from the professionals then reach Swarit Advisors as we have years of experience to give a hassle free service to our customers.

Source url: https://swaritadvisors.dudaone.com/how-can-we-apply-online-for-nidhi-company-registration-in-india

An IEC code is required for the businesses that are involved in import or export transactions. It avails them with benefits under the schemes like SEIS and the MEIS. I’ll be now simply explain the point and tell you the procedure of IEC Registration in India.

What Are The Documents Required for IEC Registration?

• A copy PAN number, Aadhaar number, voter ID, driving licence of passport.
• Bank account details.
• Copy of a cheque that’s been cancelled by you and has your account details printed on it.
• A copy of recent entry of bank account statement of the applicant.
• A passport sized photo.
• Your office ID along with proof of registered office.
• No objection certificate or NOC from the property owner where the exchange will be commenced. Furthermore copy of utility bills which should not be older than 2 months from the date of application. A notarized copy of your rental agreement with the property owner. Or registry proof and the house tax receipt in case it’s your own property.

What do you need to get to run import export business?

• DSC- A digital signature of the two directors so they can digitally sign the documents.
• IEC registration certificate with IEC number
• Acknowledgement notification slip with the details of payment.

IEC Registration process

Step1 – For IEC code application, one can take the professional help for smooth process. You’ll be assisted in preparation of the application. You must first collect all the documents listed above and arrange them well so as to avoid any possibility of rejection of your IEC Registration application.

Step 2 – This step can take 2 to 3 working days. Once you’ve gathered all the desired documents including copies of your identity proof, address proof, passport size photographs of the respective directors or proprietors or partners. The details of their current accounts, in case you have a private limited company, then you need to submit the memorandum of association and the articles of association along with the certificate of incorporation of your company. In case you have a partnership firm, then you need to submit the partnership deed document. In case you are a certain manufacturer or have an MSME Registration certificate, just submit a copy of the certificate and copy of the company’s letterhead is also required.

Your application is to be filed in the required Aayat Niryaat form number 2A – ANF 2A format. This is to be filed to the regional authority of the foreign trading in that regional registered office where you find it most suitable.

Step 3 –Takes about 3 to 5 working days, it’s the approval by the government. Within these 3 to 5 days, ICE code number will be ready and granted to you after examination of your submissions.

If you find it difficult to follow the procedure that we have shared with you then call on our number or drop us an email we will shortly respond you to resolve your issues. We are the renowned online legal service provider firm known as Swarit Advisors who are constantly available to serve you in the best possible ways. All you have to do is to reach us so that we can help you immediately.

Source url: http://swaritadvisors.over-blog.com/2018/07/how-can-we-apply-for-import-export-code-or-iec-registration-online.html

A private limited company in India is the most common and prevalent or popular kind of legal corporate entity. The company registration is governed by the ministry of corporate affairs also known as MCA. As per the Companies act 2013 and Companies rules of 2014, to incorporate a new company registration, a minimum of 2 shareholders and 2 directors are required. The directors can also be the shareholders like a natural person can be both a director as well as the shareholder while the corporate entity can be only the shareholder. Furthermore, most of the foreign nationals and/or the foreign corporate entities like the NRIs are allowed to be the directors and/ or shareholders of the supposed company with a straight and direct investment from foreign making this a preferred choice of a legal entity for foreign promoters.

Have a look at the following steps to apply for company registration in India

Arrange all the list of required documents of the directors.

Apply for a digital signature if you haven’t got any. It’s also known as DSC

Preparation of the MOA and AOA and other legal documents.

Filing the incorporation form with ROC.

Get the final company registration certificate for incorporation.

Benefits of a company registration and a company’s rights

The reasons can be numerous, following are few mentioned.

It is a separate legal entity – A private limited company is a separate legal entity and it is established under the companies act which gives it is firm’s legal right which also therefore makes your company a separate entity from your company’s shareholders and its directors.

Ownership of the property – since your company has its own identity, it can also have its own property in its own name. This property could be anything, furniture, land, machinery or a building.

It’s capacity for borrowing – any type of funds can be raised by a private limited company like – a) equity shares

                         b) Preference shares

 c) Debentures issued by the company etc.

Easy to raise funds and loans –The limited liability partnership or the private limited company can enjoy a wide range of options for raising funds through the bank loans, the angel investors, also the venture capitalists in comparison with the regular general partnership firm or sole proprietorship.

Limited Liability Protection to Partner's personal assets–A lot of the times start-ups require to borrow money and take things on credit. In case of regular partnerships, the partners would normally have to put in their own savings and property in case they can’t rely on bank loans but it’s not the case for registered private limited companies with limited liability partnership.

It’s favourite business structure for foreign investors. –These foreign investors love to investing a registered private limited company as it is structured so that less strings are attached to the investors.

Easy to Sell–Registered private limited companies are easy to sell, very less documents are required and less cost is involved.

If you want to know more about the online company registration process then you must reach our experts who are well qualified, skilled and have years of experience in handling the issues that may occur in online legal processes. We at Swarit Advisors are the best in offering the expert consultation to our customers for any sort of online legal registration. We give complete guidance and step-by-step procedure to follow so that you don’t miss a single point and submit your application without any error. Feel free to contact us anytime we are 24/7 hr available at your end.

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