Udyam Registration: A Complete Guide for MSMEs Launched on July 1, 2020, by the Ministry of MSME, Udyam Registration replaced the old Udyog Aadhaar system. The new process is more transparent, fully digital, and integrates Aadhaar and PAN for authenticity. Each registered business receives a unique Udyam Registration Number (URN). Udyam Registration is a critical …
Overview of the importance of non-Software Technology Parks of India & SOFTEX filing Non-STPI Registration Any company, partnership firm, or proprietorship engaged in the development of export-oriented computer software or IT-enabled services can register as a Non-STP unit under Software Technology Parks of India to obtain SOFTEX certification. The RBI through a circular issued in …
Overview Udyam Registration Process for Micro, Small, and Medium Enterprises Udyam Registration process is a streamlined, mandatory online registration introduced by the Ministry of MSME in India. This process, which replaced the Udyog Aadhar Memorandum, began on May 13, 2020, and became mandatory from July 1, 2020, for all MSMEs. The process simplifies the registration …
Conversion of Sole Proprietorship to LLP Should choose to register with the LLP As eventually as business income increases, several sole proprietors are becoming aware of the need to differentiate their accounts and tax filings from those of the business. There are several other reasons why the conversion of your sole proprietorship into an LLP …
What is a Virtual Office? Businesses can get a physical address and office-related services from a virtual office without having to employ staff or sign a lease for a long period of time. Working from anywhere but still having access to a mailing address, phone answering services, conference rooms, and videoconferencing is possible with a …
PROCESS OF REGISTRATION OF IEC CODE With the ongoing development in technology, the IEC registration can now be taken or the application can now be submitted to the Regional Office of DGFT online as well. ONLINE PROCESS – The applicant needs to open the website of DGFT and file the application in ANF 2A format …
Overview on Trademark vs. Certification Mark Since these terms are frequently misinterpreted, we’ll explain this to you in details. This will allow you to distinguish better between a certification mark and a trademark. A certification mark is a kind of specific mark used to show that a product which should fulfil the requirements and specifications …
Introduction About Multimodal Transport Operator(MTO) Registration The process of Multimodal transportation and registration of operators. Which includes delivering goods from suppliers to their respective clients requires transportation on a regular basis. According to the Multimodal Transportation of Goods Act, (MTGA) 1993. In which every Company, Firm, or Proprietary Concern, whether they are operating in the …
How to choose a business structure in India? When starting a business the first step to incorporating a company is to satisfy all legal regulations and ensure compliance with the legal requirements to make the Firm function safely. A Business model is a conceptual structure. It involves purpose goals to achieve long-term goals and planning …
The Ministry of Corporate Affairs reform: NEW Definition of small companies The Ministry of Corporate Affairs reform is aimed at expanding the scope of small companies under the Companies Act, 2013. This change is expected to provide substantial compliance relief to thousands of growing businesses in India. What has changed in a small company definition? The MCA …