DIFFERENCE BETWEEN IMPORT EXPORT CODE (IEC) AND IMPORT LICENSE

 An import export code is a unique number allotted by the regional office of the director general of foreign trade (DGFT) to an applicant who wish to undertake any export or import activity. In business circles it is known as “Import Export Code, IE Code or IEC”. The IEC is a pan-based registration of persons with the DGFT and remain valid unless it is cancelled or surrendered. In other words, no person can start an Export or Import business unless an IEC is allotted and is valid. Difference between Import Export Code and Import License

Following are the features of an Import Export code / IEC

1. An IEC is a 10-character alpha-numeric number allotted to a person that is mandatory for undertaking any export/import activities
2. The IEC is a Pan Based Number
3. Only one IEC is allotted against one PAN Number
4. The entire process of allotment of IEC is online
5. In some cases, clarification may be filed in offline mode
6. The application for IEC can be made only through digital signature
7. No export or Import can happen without IEC
8. IEC is a unique identification of the importer or exporter with the DGFT
9. IEC code is always valid unless cancelled or surrendered.

Whereas the “License for Export or Import” is a permission from central government to undertake any activity of import or export in goods which is restricted. There are certain items which is not freely allowed to be imported in India as the government can impose restriction on their import to India. Following are the general principles based on which DGFT through a Notification imposes restrictions on the import of certain items. Difference between Import Export Code and Import License

1. For protection of Public Morals
2. To Protect life and health of human, animal and plants
3. To safeguard Intellectual Property Rights
4. For prevention of prison labour
5. To protect artistic, historic or archaeological Value of National Treasure.
6. To conserve natural resources
7. To discourage and limit traffic in arms, ammunition and war related items
8. Relating to export or import of Gold or Silver

In general, the export or import is freely allowed for all items except the regulated items as declared and notified by the central government from time to time. There are three categories of items which are regulated

1. Prohibited Items for Import and Export from India
2. Restricted Items for Import in India
3. Items Reserved for State Trading Enterprises
4. 
   

To Apply for IEC Code - Order Now 

or Visit our website -www.setupfilling.com 

Note - Once you will apply our Expert will contact you.

Trademark Registration - TM Application Online

Provide your brand, slogan, or logo with a shield. Use the Trademark symbol next to your brand's name within just three working days.

What can you Trademark? Who can all apply for Trademark?

According to the trademark rules of India, items like sound, logo, words, phrases, colours, images, symbols, initials or a combination of all these can be trademarked. All of these should be made use to make your business stand out from the rest.

A trademark application can be done by private firms, individuals, companies, LLP’s, or NGO’s. In the case of NGOs, LLP’s or companies, the trademark has to be applied for registration in the name of the concerned business.

Why is Trademark Registration important in India?

A Great Business Opportunity

A product or service being sold under a registered trademark helps in building up trust, reliability, quality, and goodwill in the minds of customers. It offers you a unique identity when compared to other sellers especially when you sell it on online platforms like Amazon, Flipkart, etc.

A Legal Protection

In case you doubt that your trademark is being copied by anyone else, you can take up the issue legally and sue them if you have registered your logo, brand name or slogan.

Get Your Unique Identity

Customers will identify a particular product or service only with the brand. Registering a trademark ensures that competitors will not use it and hence it remains as a company’s unique asset.

An Asset

The trademark can be a valuable asset in case your brand creates a name and succeeds. It can be commercially contracted, sold and franchised.

Global Filing Of Trademark

A trademark which is registered and filed in India can also be filed in other countries outside India. Likewise, foreigners can also get a trademark registered in India.

How we help with Trademark Registration? A detailed Trademark application filing process

Trademark Search

We help in your trademark search by conducting the search using trademark(™) director. We also conduct a detailed check on the trademark logo and brand name that you had selected to ensure that it is not yet registered under anybody else’s name. The trademark can be registered once it is found to be unique. In case your logo or brand name is already registered by someone else, we help you find ways to modify it so that your registration does not get cancelled.

Class Selection

While applying for registration, you need to apply it under the right classification of classes. We help you choose the right class under which you need to register. The trademark offers you the right to sell under a particular brand name within a certain sector in the economy. In total, there are about 45 sectors and each sector is named as a class. Goods and services are classified into 45 different classes by the Trademark Registry. Every logo or brand name has to be registered under the appropriate class. For example, the Class 28 includes products and services related to games, sports and toys. Hence, if you are planning to launch a new toy brand, you will have to apply under the Class 28.

Preparing The Application

After we ensure that your brand name or logo is unique and can be registered, we proceed with the application by preparing the authorization letter first. This gives us the right to make the trademark registration on your behalf. You can sign the letter and return it back to us. We further help you fill out the form and keep updating you about the proceedings until the registration process is complete.

Documents needed for Trademark Registration

An authorization letter that is duly signed by you allows us to file for trademark registration on behalf of you. After receiving the authorization letter, we start with the preparation of your documents, file the application online and also pay for it. Soon, you receive the confirmation of the application, and you will get the right to use the ™ symbol.

While filing for the trademark registration, the documents you need to provide are as follows:

1. Applicant’s name
2. Business type
3. Business objectives
4. Brand/logo/slogan name
5. Registration address

Trademark Fee - 

1. Professional fee - Rs2000
2. Govt fee - The government fee for filing the trademark depends based on the category of the applicant. 

               For a Normal Company applicant the Government fee is Rs. 9000/-
              However for a Startup Company or MSME the Govt Fee is Rs. 4500/- 

Order Online - https://setupfillingcom.business.site/

or Call us on +919818209246 

or Write us -info@setupfilling.com

Company Registration, Trademark Registration, GST Registration, Project Report for bank loan, Annual Compliance & Tax Consulting Services Trademark Registration in India GST Registration Sole Proprietorship Registration Project Report for Bank Loan Income Tax Return Filing Annual Compliance for Private Limited Company in India GST Return Filing Trust Registration in Delhi FSSAI Registration which fssai license apply on me fssai state license FSSAI Central License

GST Registration

GST Registration is a PAN based registration which is done online with Digital Signature of the applicant director or authorized representative. While filing for GST Registration the OTP is sent on email as well as mobile number, our team shall be needing the same many time while doing the registration work. For GST registration, following documents are required 

FOR PROPRIETORSHIP/INDIVIDUAL APPLICANT

1. PAN card of Proprietor
2. Any other license issued by government department
3. Registered Office documents: Rent Agreement supported by Electricity bill / Water bill, Telephone Bill 
4. Consent Letter from the owner
5. Bank Details - Copy of cancelled cheque or first page of Pass Book or first page of recent bank statement
6. Passport size photograph of proprietor

Get GST within 2day - 7 Day 

Click here - Apply Now

Mail All documents on - info@setupfilling.com

For further Any Assistance Call us +91-9818209246

FSSAI Registration

FSSAI Food License Online Registration

FSSAI registration or license is required for all entities involved in the manufacture, distribution and transportation of food products. ✔Support all states ✔3 Types of License: Local, State & Central ✔Application in Same (Priority) ✔10yrs Experienced FSSAI Expert ✔Lowest Fees than Other Portals

What is FSSAI / Food License?

Food License Registration certificate is required to run a food product business. You have to register under Food Safety and Standards Authority of India (FSSAI) to manufacture, distribute and transport food products. FSSAI is established under the Ministry of Health & Family Welfare, Government of India. The FSSAI has been established under the Food Safety and Standards Act, 2006. FSSAI Certificate and FSSAI License are same which ensures the quality, purity and other important factors the customers can rely upon.

Difference between FSSAI & Food License?

Both FSSAI and Food License are same.

What are the different types of License?

License Type	Eligibility	Validity	Fee
FSSAI Basic License	Annual turnover of the business is less than 12 lakhs	5 Year	Rs. 2599/-
FSSAI State License	Annual turnover of the business is between 12 to 20 crores	1 To 5 Years	Rs. 6999/-
FSSAI Central License	Annual turnover of the business is above 20 crores	1 To 5 Years	Rs. 10999/-

Click here to - Order Now 

Or Call or chat us on +91-9818209246 or email us info@setupfilling.com

Apply for Sole Proprietorship Business Registration

Sole Proprietorship

Small manufacturers and traders, who typically have just a GST registration, are known as sole proprietors. 

Why Should You Register For A Sole Proprietorship?

A Sole Proprietorship provides maximum privacy to its owners and has an easy establishment and operational process

What is a Sole Proprietorship? - Overview

When a business is owned and governed by one person, it is called a sole proprietorship company. This type of business can be incorporated in fifteen days and hence makes it one of the most popular types of business to begin in the unsystematic sector, specifically among merchants and small traders. For a Sole Proprietorship business, registration is not required as it is identified through alternate registrations, such as GST registrations. However, its liability is unlimited and it also doesn’t have perpetual existence.

Benefits of a Sole Proprietorship

1. Minimum Compliance - Sole Proprietorships have minimum compliance requirements as they are identified by government and tax registrations. Therefore, their agreements are confined to yearly filings of service, sales, or professional taxes.
2. Simple To Begin - A Sole Proprietorship is simple to begin. One needs to simply have a GST Registration in place. This business can be set up in 15 days with the help of a PAN card.
3. Economical - When compared to an OPC or One Person Company, a Sole Proprietorship is economical due to its minimum compliance requirements, including no need to hire an auditor. One of the main reasons why small merchants and traders choose this type of companies.

Checklist Items for a Sole Proprietorship Registration

1. Proprietor Photograph 
2. Proprietor Pan card 
3. Proprietor Adhar card 
4. Registered office Proof 
5. NOC ( Our Team will Draft) 

PACK - Rs. 1,999/-  Order Now 

1. Consultancy on Formation
2. MSME Registration
3. GST Registration
4. Tax Consultation

Mail all documents  on info@setupfilling.com or submit documents online 

For more query call us on +91-9818209246

Private Limited Company Registration in India

Private Limited Company Registration in India

A Private Limited company is the most popular form of business, having inherent capacity to scale its operations and is governed by the well laid down regulations in India. A company is incorporated in India under the Companies Act, 2013. I shall be discussing the critical aspects of company registration in India in the following sections of my mail.

What are the minimum requirements

• List of Documents Required from Directors/Promoters
• Registered Address for the Company
• Step-wise Process of Company Registration
• Cost of Company Registration
• Contact Details of Setupfilling Costumer Care

The Minimum Requirements for Company Registration 

• Two-person to take responsibility as director /shareholder (promoters)
• The same person can be the director as well as shareholder
• In the case of a foreign person, there is a different procedure; please contact us
• Capital can be any amount as per requirement, no minimum amount prescribed
• Name of the Company must be unique and eligible under section 8 rule 8 of the Companies Act, 2013. [Apply for Free Name Search Report

The List of Documents Required from Directors/Promoters. 

1.   Passport Size Photograph - 2 Copies
2. Self-attested copy of Pan Card - 2 Copies 
3. Self-attested Aadhar Card 
4. Identity Proof (Passport/Voter's ID Card/Driving License)
5. Address Proof (Bank Statement/Electricity, Telephone or Mobile Bill)

Registered Address for the Company:  The company can be registered on residential address also, However in case the company does not have a registered address initially then the same can be incorporated at a communication address also. However in case the company is registered at a communication address then within 60 days of its incorporation the registered office address must be communicated to ROC. Following documents are required for registered address

1. Electricity/Telephone/Gas Bill in the name of owner of the registered office address
2. No Objection Certificate from owner of the premises [NOC Format Attached]

Process of Company Registration: 

We shall be doing end to end process for company registration and all we need from you is proper information in the attached questionnaire and signature on following documents

1. Completely Filled Questionnaire
2. Signature of all the directors on form DIR-2
3. Specimen Signature of all the directors
4. NOC from the owner of premises. 
5. Digital Signature Form

Cost of Company Registration (Our Packages):

We have three ready made packages that suit most of the startups. These packages are discounted packs and are suitable for a company with two directors and where the proposed authorised capital is only Rs. 1,00,000/- in delhi and Haryana. For your state contact us for customized package 

Basic Pack | Priced at ₹. 6899/- includes following services | Order Online

1. DSC for 2 Promoter/ Directors
2. DIN for 2 Promoter/Directors
3. Name approval of the company
4. MOA & AOA for the Company
5. Certificate of Incorporation (COI)
6. PAN & TAN Number for the Company

Premium Pack | Priced at ₹. 10,999/- includes following services | Order Online

1. Everything from the Basic Pack +
2. Dedicated Account Manager
3. Bank Account Opening Support
4. Filing of INC-20A
5. GST Registration
6. MSME Registration

Platinum Pack | Priced at ₹. 14,899/- includes following services | Order Online

1. Everything from the Premium Pack +
2. Issue of Share Certificates
3. Franking of Share Certificate
4. Appointment of First Auditor

As mentioned, the above packages of company registration are suitable only when the proposed authorised capital is only Rs. 1,00,000 and the number of promoters are only two. Further, all the promoters/directors are resident Indian citizens. In case your situation is different please revert to me for a customized quotation.  

Mail all Documents at info@setupfilling.com

or call us 9818209246 or Visit us on www.setupfilling.com

Register your MSME Under Udyam

Notification - Now its mandatory to register your MSME certificate under Udyam and link your Company Pan card and GSTIN number with MSME before 31st march 2021 to avoid auto cancellation of your certificate 

What's MSME  - MSME is intiative from Govt of India to support startup of India

Revised Classification applicable w.e.f 1st July 2020
Composite Criteria: Investment in Plant & Machinery/equipment and Annual Turnover
Classification	Micro	Small	Medium
Manufacturing Enterprises and Enterprises rendering Services	Investment in Plant and Machinery or Equipment: Not more than Rs.1 crore and Annual Turnover ; not more than Rs. 5 crore	Investment in Plant and Machinery or Equipment: Not more than Rs.10 crore and Annual Turnover ; not more than Rs. 50 crore	Investment in Plant and Machinery or Equipment: Not more than Rs.50 crore and Annual Turnover ; not more than Rs. 250 crore

BENEFITS OF MSME  

1. Easy availability of Loan  Every MSME whether in manufacturing sector or service sector is entitled to collateral or mortgage free loan from Bank for an amount up to Rs. 1 Crore through SIDBI under Credit Guarantee Scheme
2. Gov Procurement Priority Central or state government departments have been mandated to extend priority treatment to MSME while procuring goods or services for the consumption of goods or services for public purposes.
3. Low-Interest Overdraft While availing bank overdraft facility from a bank, MSME has a reason to smile as Banks need to offer 1% less interest rate on the overdraft extended to the MSME which is registered with Udyog Aadhar.
4. Concessional Electricity TA registered MSME can avail concessional rate of electricity for their unit by making a written application along with the certificate issued after registration as MSME ( Udyog aadhar) to the electricity department.
5. .Speedy Recovery of Dues The MSME is required to be paid as per the agreement between parties or within 45 days if there is no understanding between them. Failure entitles the MSME for an interest which is three times the bank rate
6.  Rebate in Taxes MSME registered under the MSMED Act, 2006 is eligible for many tax incentives and exemption both under the Direct Taxes and Indirect Taxes including GST such as capital gain subsidy schemes under income tax act.
7. 50% discount on IP Protection While filing the trademark application in any class or multiple class, the MSME enjoys 50% less fee of filing in comparison to other corporates or firm. Similarly while filing patent 50% discount is granted to the MSME
8. MSME Conciliation Centre For faster resolution of disputes where MSME is struggling to recover money from other persons, there is a provision of MSME reconciliation centre which may provide for a speedy resolution of dispute and faster recovery

Click here To - Apply Now

For further any Assistance Fee free to contact us  +91 - 9818209246 or Visit us on www.setupfilling.com

Import Export Code Registration

Import Export Code Registration

All DGFT Servies at one place, All over India

Get ready to Import and Export from India, within 1 day. We get you IEC (Import Export Code) in a hassle-free manner. You don't have to move from your office or home, we would take care of filing and follow up with Director General of Foreign Trade (DGFT).

Import Export Code (IEC) is a ten digit number, comprising alphabets and numbers. IEC is a mandatory prerequisite to starting a business of Import or Export in India. The IEC code is a pan based registration, hence against one pan number the director general of foreign trade can issue only one IE Code. The IEC is a unique number through which a person is identified at all offices of Customs and DGFT across India. In general all the Imports and Exports can be done without any other authorisation, license or permission, However in the national interest or to regulate the trade or any specific commodity, the central government may restrict or prohibit the import or export of certain goods. In case you wish to import any item which is restricted, an application for license or permission to import can be made to the DGFT explaining the specific reasons for the export or import.

Import Export Code Registration Eligibility

• When IEC is Required - IEC Code is required before you commence the business of any Import or Export. No Import or Export can be initiated unless IEC is allotted.
• Issuing Authority - The regional director of DGFT having jurisdiction over the place of business is the authority who allots IE Code to all type of applicants.
• PAN Based Registration - The IEC is a pan based unique number, and against one pan number, the DGFT allocates only one IE Code, which remains valid for all over India.
• No Renewal Required - The IE Code is a permanent identification number allotted to a person desirous to do the business of Import or Export in India. It never expires.

Documents Required for IE Code

1. Filled Questionnaire for IEC
2. Pan Card of the Company /LLP or Firm
3. Cancelled Cheque of Applicant
4. Certificate of Incorporation, MOA & AOA
5. PAN Card of All Directors/ Partners
6. Pan Card of Authorised Signatory
7. Id and Address Proof of All Persons

Financial : Order Now 

As a professional service provider consulting company we provide service for issuance, modification or surrender of Import Export Code through out India. We offer our services for allotment of Import Export Code at a professional fee of Rs. 2,999/- Following is the inclusions 

1. Filing of IE Code Application with Regional office of DGFT
2. Follow Up with DGFT Office for allotment of IEC
3. Issuance of IEC
4. Free e-book on Import and Export containing government policy
5. In case you don't have DSC, we can issue at just Rs. 1200/- in addition to pack price. 

For more visit us on www.setupfilling.com

                                     or 

Write us back on info@setupfilling com

                                      or 

Call us /whatsapp us on +91-9818209246

Trademark Registration in India

What is Trademark - 

A trademark is a unique mark or sign that represents a business, and it is used to distinctively identify a company from another and build its credibility among consumers. We always advise our clients to recognize all the IP Rights in the form of Trademark and register every Mark, Brand Name, Label, Product Name, Logo, Punchline, and the Domain Names as the Trademark in India for an effective remedy in case of misuse by any other person.

Type of Trademark 

1. Business Name :The most important trademark is your Business Name, You must protect it immediately before someone else steals it. 
2. Logo of the Company : The logo is the image, artwork or emblems of your business. For Logo Registration, submit a high-resolution JPEG Image.
3. Brands of The Company : The products of business are known by its independent name. It may be a word mark or a device mark (image).
4. Punchline Or Slogan : Punchline or Slogan, like "Ye Dil Mange More" of Pepsi, can be protected by registering the trademark registration in India.

Advantages of Trademark Registration:

1. Exclusive Rights:  The owner of Registered Trademark enjoys exclusive right over the trademark. The owner can use the same for all the products falling under the class(es) applied. Further, the owner can enjoy the sole ownership of the Trademark and can stop other from the unauthorised use of the Trademark under the same class where it is registered. It gives the right to sue the unauthorized user of the Trademark Registered.
2. Builds trust and Goodwill:  The established quality of your product and services are known by everyone through the trademark and which establishes trust and goodwill among the customers in market. It helps in creating permanent customers who are loyal and always opt for the same brand.
3. Differentiates Product: It makes easy for customers to find your products. It makes your product and identity of products different from that of the existing and foreseen competitors and acts as efficient commercial tool. The logo can communicate your vision, quality or unique characteristic of your company and any organisation.
4. Recognition to product’s Quality: It gives recognition to the quality of the product. Customers attach the product’s quality with the brand name and this image is created in the market about the quality of a particular brand which helps in attracting new customers as they can differentiate the quality of a product by the logo/brand name.
5. Creation of Asset: Registration of Trademark creates an intangible asset i.e. Intellectual Property for an organisation. Registered trademark is a right created which can be sold, assigned, franchised or commercially contracted. Also, the Trademark is an intangible asset which gives the advantage to the organisation.
6. Use of ® symbol: Once the trademark is registered you can use the ® symbol on your logo stating that it is a registered trademark and no one can use the same trademark. It is exclusive of all types of usages as well as rights. If someone else use the trademark then you can also sue the party if the trademark is registered.
7. Protection against infringement: No competitor or other person can use the wordmark or logo registered by you under trademark. However, if in any case one uses it without the approval of the owner of trademark or make any deceptive use of same, the owner can get the legal protection under the Act and stop the person doing so.
8. Protection for 10 Years at low cost:  Online Trademark registration is done on a very low maintainability cost. Once you register the trademark you have to just pay the maintenance cost and renewal cost which is after 10 years of registering the trademark. It is cost efficient and helps your company create an unique image.
9. Attract Human Resources: Young minds aspire to join big Brands as it acts as a magnate. It inspires the positive image of the organisation and thus candidates are attracted towards them easily. This reduces the cost towards hiring and related activities.

Step-Wise Method for Trademark Registration in India

1. Conduct public search of the Trademark
2. File TM Application at the earliest
3. Keep a watch on the application
4. Reply to all communication of TM Office
5. Remember to renew the Trademark every 10th Year.

For more information or to order online visit us at www.setupfilling.com

One Person Company Registration

An OPC is the newest form of business in India introduced for the first time by the Companies Act, 2013. Only one person is needed to start a company. However, a nominee needs to be nominated. To start an OPC you should check below sections describing eligibility requirements and detailed stepwise procedure.The OPC is suitable for small businesses where the turnover is not likely to cross Rs. 2 Crores and the maximum amount of capital to be invested is limited to Rs. 50 Lac. An OPC can have more than one director. However one of them must be an Indian Resident. The main limitation of OPC form of company is that only an Indian Citizen can open an OPC Company and FDI is not allowed in one person company.

Minimum Requirements of One Person Company

1. Only One Person Required - An OPC can be registered in India, by only one person, who shall act as the directors/shareholders of the company. The maximum number of directors of an OPC is 15 and the number of shareholder cannot go beyond one.
2. Resident Director - One director of the company must be resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days of stay can be in phases.
3. Unique Name of Company -The proposed name of the company should not resemble any existing company or LLP. Further you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.
4. Capital Requirement - Invest as per requirement of your business, and there is no minimum capital requirement as such to be maintained in the company. However, the government fee on company registration is calculated on the capital

OPC Registration in India Packages

Basic Package ₹8,399/-  Order Now

1. DSC for One Promoter/Directors
2. DIN for One Promoter/Directors
3. Name approval of the company
4. MOA & AOA for the Company
5. Certificate of Incorporation (COI)
6. PAN & TAN Number for the Company

Silver Package ₹13,399/-  Order Now

1. Everything from the Basic Pack +
2. Dedicated Account Manager
3. Bank Account Opening Support
4. Filing of INC-20A
5. GST Registration
6. MSME Registration

Gold Package ₹24,399/-  Order Now

1. Everything from the Premium Pack +
2. Issue of Share Certificates
3. Franking of Share Certificate
4. Appointment of First Auditor
5. TDS Return filing for First Year
6. GST Return filing for First Year

Documents Required For OPC Registration

Documents of Shareholders/Directors - 

1. Two Colour Photographs of Each Promoter
2. PAN Card of Each Promoter
3. Adhar Card of Each Promoter
4. Identity Proof (Voter ID / Driving License/ Passport)
5. Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)

Registered Address Related Documents

1. Utility Bill as Proof of Registered Address
2. NOC From the owner of the premises

For Further any Assistance feel free to contact Us +91-9818209246

MSME Registration in one day

Due to Covid-19 Pandemic, the Central Government has announced an economic package of 20 Lakh Crore focusing MSME. At present, the only database available with the government is the registered units under The Micro Small & Medium Enterprises Development Act 2006, which is also known as Udyog Aadhar. Check if you are registered as MSME or not. If not, don't waste time, register for it. 

BENEFITS OF MSME  

1. Easy availability of Loan  Every MSME whether in manufacturing sector or service sector is entitled to collateral or mortgage free loan from Bank for an amount up to Rs. 1 Crore through SIDBI under Credit Guarantee Scheme
2. Gov Procurement Priority Central or state government departments have been mandated to extend priority treatment to MSME while procuring goods or services for the consumption of goods or services for public purposes.
3. Low-Interest Overdraft While availing bank overdraft facility from a bank, MSME has a reason to smile as Banks need to offer 1% less interest rate on the overdraft extended to the MSME which is registered with Udyog Aadhar.
4. Concessional Electricity TA registered MSME can avail concessional rate of electricity for their unit by making a written application along with the certificate issued after registration as MSME ( Udyog aadhar) to the electricity department.
5. .Speedy Recovery of Dues The MSME is required to be paid as per the agreement between parties or within 45 days if there is no understanding between them. Failure entitles the MSME for an interest which is three times the bank rate
6.  Rebate in Taxes MSME registered under the MSMED Act, 2006 is eligible for many tax incentives and exemption both under the Direct Taxes and Indirect Taxes including GST such as capital gain subsidy schemes under income tax act.
7. 50% discount on IP Protection While filing the trademark application in any class or multiple class, the MSME enjoys 50% less fee of filing in comparison to other corporates or firm. Similarly while filing patent 50% discount is granted to the MSME
8. MSME Conciliation Centre For faster resolution of disputes where MSME is struggling to recover money from other persons, there is a provision of MSME reconciliation centre which may provide for a speedy resolution of dispute and faster recovery

How and the Cost of MSME Registration.

Well, you can avail our services for registration of your unit with MSME, we have reduced our prof fee to help small businesses

Click here To - Apply Now

For further any Assistance Fee free to contact us  +91 - 9818209246

Sole Proprietorship Firm Registration

 

The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. 

A proprietorship business is the simplest form of business, which can be started or closed at the will of its owner, also known as proprietor. There is no law which require a proprietorship to be registered, hence the registration of proprietorship firm is not possible as required in case of a company, LLP or partnership firm. However there are various registrations or licenses which may be obtained for a proprietorship business. We have developed some easy packs to start a proprietorship business, which is as follows.

BASIC PACK - Rs. 2,499/-

• Consultancy on Formation
• MSME Registration
• GST Registration
• Tax Consultation

BENEFITS OF REGISTRATION UNDER MSME

1. Easy availability of Loan  Every MSME whether in manufacturing sector or service sector is entitled to collateral or mortgage free loan from Bank for an amount up to Rs. 1 Crore through SIDBI under Credit Guarantee Scheme
2. Gov Procurement Priority Central or state government departments have been mandated to extend priority treatment to MSME while procuring goods or services for the consumption of goods or services for public purposes.
3. Low-Interest Overdraft While availing bank overdraft facility from a bank, MSME has a reason to smile as Banks need to offer 1% less interest rate on the overdraft extended to the MSME which is registered with Udyog Aadhar.
4. Concessional Electricity TA registered MSME can avail concessional rate of electricity for their unit by making a written application along with the certificate issued after registration as MSME ( Udyog aadhar) to the electricity department.
5. Speedy Recovery of Dues The MSME is required to be paid as per the agreement between parties or within 45 days if there is no understanding between them. Failure entitles the MSME for an interest which is three times the bank rate
6.  Rebate in Taxes MSME registered under the MSMED Act, 2006 is eligible for many tax incentives and exemption both under the Direct Taxes and Indirect Taxes including GST such as capital gain subsidy schemes under income tax act.
7. MSME Conciliation Centre For faster resolution of disputes where MSME is struggling to recover money from other persons, there is a provision of MSME reconciliation centre which may provide for a speedy resolution of dispute and faster recovery

The documents required to start a proprietorship business is as under

1. Two Colour Photograph
2. Self Attested Copy of Pan Card
3. Valid Identity Proof of Proprietor
4. Latest Address Proof of Proprietor
5. Canceled Cheque
6. Proof of Registered Address
7. NOC from the Owner of Premises

Click here to - Order Now

Call us for further any clarification : +919818209246