Loans provided to the small enterprises are collateral free Several exemptions on Direct Tax Barcode registration subsidy Disputes are resolved swiftly by the government The government of India also provides exclusive considerations for participating in international trade Concessions are provided in the electricity bills Payment made for obtaining ISO certification is reimbursed by the government The government provides 50% subsidy on any patent registration The rate of interest from banks is reduced Udyog Aadhaar enables all enterprises to file and register themselves so that simply by using Udyog Aadhar Number they can access all other services provided by the government.

The form will be made available at the time of application.

In all other cases where the belated annual returns or balance sheet/financial statement (Mandatory Compliance) which were due to be filed whether under the Companies Act, 1956 (23AC, 23ACA, 23AC XBRL, 23ACA XBRL, 20B, 21A) or the Companies Act, 2013 (MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS) additional fee as per the applicable slab for the period of delay up to 30th June 2018 plus @Rs.100 per day w.e.f 1st July 2018 shall become payable.

Signed incorporation of Documents Signed digital signature application documents and incorporation documents signed and uploaded as soft copy.

A competitor who uses a trademark which is similar to a preexisting trademark can be stopped from doing so, by filing an application of trademark law; this usually happens only when the proprietor of the trademark files a suit or raises an objection.

If the trademark is transferred by way of assignment, the person has to bring himself on record with the trademark registry by making an application with an appropriate fee as prescribed.

This includes, GSTR-4 Return applicable to compounding tax person.

The taxes will be applicable accordingly.

This would make sure that there are a full connection and application of the GST rules.

So, after applying for the GST registration, a temporary registration number will be generated and the for the payment of the GST deposit.

This applies to both transportation method that is waterway and roadway.

Everything is still under doubtfulness other than this, which includes the GST filing and application of the new tax instructions and guidelines.

  A Trademark application goes through many stages of scrutiny before the final registration of the trademark.

A Trademark application goes through many stages of scrutiny before the final registration of the trademark.

Before you finalize a mark for your business or product, the applicant must first ensure that no one else is using a similar mark.

 Just registering a trademark isn’t enough; you would need to proactively ensure that you renew/restore it every 10 years to Shield the branding of your business from third parties Restore legal rights Protect the business and the people associated with it Enables to file trademark infringement suits and also claim remedies What is the TM Restoration Process Trademark Restoration Application An applicant can file for Renewal sue motto in the first six month of the 10th year from the year of TM Registration.

A trademark application goes through a number of steps in the Registration Process.

A trademark application can be objected for more than one reason.

Trademark Application The applicant has to file a trademark with the government of India (GOI) with Form TM-A along with which following documents are to be filed.

Weakest protection In terms of providing the protection to the goods or services, trademark registration is the weakest intellectual property rights amongst patents, copyrights.

List of forms required for Private Limited Company filings:- S.no Forms Description Forms Link   Name Reservation or Application Form INC-1   Incorporation Documents Spice 32   Memorandum of Association Spice 33   Article of Association Spice 34   Filing of Financial Statement & Other Documents with Registrar AOC-4   Filing of Annual Returns by Company MGT-7   Notice of situation or change of situation of registered office INC-22

You can close your company by any of the following ways: Closure of company as defunct Winding up of company Compulsory Winding up (by tribunal) Voluntary Winding up Closure of company as defunct You can shut the company by declaring as a defunct company and file the application for strike off the name of the company from the ROC.

DIR 3 DIN (Director Identification Number)   ID Proof (Pan Card) Address Proof (Aadhaar Card/Driving License/Voter ID Card/Passport/Telephone Bill/Electricity Bill/Ration Card/Bank Statement) One coloured passport size photograph Note: Address proof must be in the name of applicant and utility bill shall not be older than 2 months. 3.

Unlimited scope of expansion and growth   Advantages of OPC over public company One person alone can form a One Person Company Sole owner has the complete control over the company Lesser compliance burden on the One Person Company Minimum requirement- one member cum director, one nominee No provisions of AGM and EGM are applicable Process of conversion of OPC into Public Company Hold a board meeting stating: Obtain no objection from the member and director of the company for the application of the conversion.

In that case the earning of the OPC taxable subject to the same rate of tax which is 30% plus 3% cess plus 5% surcharge, if applicable.

Related: OPC vs Public Company Rule 9- Reservation of name For reserving the proposed name of OPC, made an application in form INC-1 along with the prescribed fee to ROC (Registrar of Companies).

Step - 3: Name approval application: after the verification of documents we propose a name for the company and apply for the same from the MCA..

Once the auditor appointed, the tenure for the auditor will be five years but this is not applicable in case of OPC.

Here are the links where you can find the forms which are required for the incorporation and filings of One Person Company :-   Forms Description Forms Link   Name Reservation or Application Form INC-1   Incorporation Documents Spice 32   Memorandum of Association Spice 33   Article of Association Spice 34   Filing of Financial Statement & Other Documents with Registrar AOC-4   Filing of Annual Returns by Company MGT-7   Notice of situation or change of situation of registered office INC-22 Note: All the forms can be downloaded via MCA.

LLPs benefit over One Person Company No bar on the number of owners in the business Less compliance burden as compared to other entities No requirement for compulsory audit Save the burden of Dividend Distribution Tax Double advantage of both a company and a partnership The internal structure of an LLP easier to manage Company’s benefit over LLP One's great potential allowing to create a company individually Minimal maintenance is required Easy to set up Separate entity ensure the protection of limited liability Full control over the business by one person Procedure for the conversion Obtain DPIN (Designated Partner Identification Number) in Form DIR-3 Call a board meeting of the directors and pass a resolution for such conversion File form LLP-1 for the name of the company which will be changed into the name of the LLP Draft LLP agreement File incorporation documents in form LLP-2 File form-18 for application of conversion File form-3 which contains the details of the LLP agreement Obtain the certificate of incorporation File form-14 within 15 days from the date of receiving the incorporation certificate.

On the contrary, in case of tort liability the feature of limited liability is not applicable.

PAN/TAN Application Application for PAN card must be applied in form 49A online on the NSDL Portal.

The strike off application should be filed within 30 days from the date of signing the statement of Assets and Liabilities.

Taxation The income of the One Person Company is taxed at the flat rate of 30% plus education cess in addition to surcharge when applicable.

Auditor The provision of mandatory rotation of auditor after the expiry of term is not applicable on OPC.

Taxability As the concept of OPC is not recognised under Income Tax Act, income of both the entities are taxed with the same rate of 30% plus education cess in addition to surcharge if applicable.

Tax liability: Income tax rates applicable to private limited companies apply on One Person Company too.

Cess is also applicable, 2% education cess and 1% secondary higher education cess i.e. 3% effective rate of cess.

Declaring the company Defunct Any company that wants to strike off its name from the registrar of the company can declare itself defunct by applying Form FTE  and then the company can be shut down by the registrar of the company.

Conditions required for conversion to Limited Liability Partnership The company has no security interest in its assets at the time of application.

For conversion following are the points that should be kept in mind:- There should be at least 3/4th majority of Partners and pass a special resolution for the conversion of the partnership firm into Private Limited Company There should be at least 7 members in the partnership firm for conversion into Private Limited Company For conversion into a company, there should be at least 7 shareholders and 2 Directors Directors and Shareholders can be the same person Firm may be registered with the registrar of the Firms There must be a provision in the Partnership Agreement to convert it into a Private Limited Company There should be a written consent provided by the  partners to convert the partnership into company Procedure for the conversion of Partnership Firm into a Private Limited Company Following are the steps which are required to convert a Partnership Firm into Private Limited Company:-  Step 1.All the shareholders and directors of the company should apply for the Digital Signature Certificate.

Step 1: Conducting a Board Meeting Once all these conditions are fulfilled, a special resolution needs to be passed in the Board Meeting for converting into LLP and authorising any director to apply for the company name (LLP).

Procedure to convert Sole Proprietorship to Private Limited Company Incorporate a Private Limited Company Apply for DSC of Director After applying for DSC, the directors of the company should apply for DIN number in the form DIR-3 After getting the DIN, Company can file an application for the Name Reservation After getting the Name Approval.

  Partnership Firms donot have the option of perpetual succession which is applicable in case of a Private Limited Company.

OPC has more benefits than a private company hence any private company dealing with all sorts of businesses is applicable to convert itself to an OPC with the rules and provisions given in Section 18 of the Indian Companies Act of 2013, and the Companies (Incorporation) Rules of 2014 [CR-2014] Eligibility Criteria for Converting to One Person Company Legal Provisions related to Conversion of Private Company into One Person Company are given in Section 18 the Companies Act, 2013 read with Rule 7 of Companies (Incorporation) Rules, 2014.

Sole Proprietorship avails the income slabs rates which are applicable in the case of an Individual.

Initially, the companies had to apply for PAN and TAN manually, post the incorporation procedure.

To get the DSC of Minimum 2 Shareholder as well as directors it will cost around INR 2000/- To apply for the DIN number, 1 DIN number will cost around INR 500/-, and 2 DIN number will cost around INR 1000/- Government fees for incorporating Private Limited Company is 5,400/- Stamp Duty has to be paid for incorporating a company and Stamp duty depended upon state to state and authorised share capital of the company, on an average, it will cost around 1,500/- for 1 lakh authorised share capital.

2. Application for  Name Reservation Application for Name Reservation shall be made in Form INC.1 and while applying for name, applicant must select some unique name which should not be similar to any existing company or LLP or Registered Brand.

Even if you manage to file your trademark application by overcoming all the jargons, you have still have a long journey ahead.