#dpiit recognition | Explore Tumblr posts and blogs

saifawaisi3211 · 10 days ago

Text

Ultimate Guide to Startup Registration in India: Step-by-Step Process & Benefits

Although it entails overcoming a number of regulatory hurdles, starting a business in India may be a lucrative endeavor. By registering as a startup, you can access a wealth of advantages and expansion prospects, providing your business with a strong platform on which to expand. This tutorial will explain how Bizsimpl can help you at every stage of the Startup Registration in India process, as well as its main advantages.

What is Startup Registration in India?

In India, registering your company as a startup with the Department for Promotion of Industry and Internal Trade (DPIIT) is a government-approved procedure. Any new company in the cutthroat Indian market needs to register in order to get legal credibility and access to a host of advantages, including tax breaks, simpler financing alternatives, and support for intellectual property rights.

Why Register Your Startup?

In India, registering as a startup provides special advantages that help young companies expand and remain stable:

Tax Exemptions: During a seven-year period, qualified startups are eligible to seek tax exemptions for three of those years. Fundraising Made Easier: A well-known legal framework makes it easier for startups to raise money from investors. Facilitation of Trademarks and Patents: Startups are given preference when submitting trademark and patent applications. Opportunities for Networking: The government provides venues for new businesses to connect and expand. With these important advantages, registering a startup in India is an essential first step for any business owner.

A Comprehensive Guide to Indian Startup Registration This comprehensive guide will help you register a startup in India and get your firm off to a good start:

Step 1: Establish Your Company Your company must first be incorporated as a Private Limited Company, Partnership Firm, or Limited Liability Partnership (LLP) in order to begin Startup Registration in India. For private limited companies, you must abide by the Companies Act of 2013, and for partnership firms and limited liability partnerships, you must abide by the Partnership Act of 1932.

Required documents:Digital Signature Certificates (DSC) PAN Number Certificate of Incorporation/Partnership Deed By assisting customers in selecting the best business structure and assembling all required paperwork to expedite Startup Registration in India, Bizsimpl streamlines this process.

Step 2:Register with Startup India . Make an account by going to the Startup India website (https://www.startupindia.gov.in/). Enter information about your startup, such as its type, sector, and stage of development, after registering.

Note: Your startup needs to have a clear business plan and be innovative and scalable, among other requirements.

Step 3:Obtain a DPIIT Certificate Applying for recognition from the Department for Promotion of Industry and Internal Trade (DPIIT) is the next stage in the Indian startup registration process. To receive benefits including tax exemptions, capital gain exemptions, and reduced patent fees, this certificate is necessary.

Documents needed:A synopsis of your company and its objectives Information about any grants obtained Certificates of incorporation or partnership Here, Bizsimpl may help by handling paperwork, guaranteeing correctness, and promoting a seamless DPIIT registration procedure.

Step 4: Submit a Tax Exemption Application The opportunity to apply for a tax break is among the most alluring features of startup registration in India. Within a seven-year period, eligible startups may petition for an income tax exemption for three consecutive fiscal years.

Step 5: Safeguard Your Intellectual Property You can get special prices on patents, trademarks, and copyrights when you register as a startup in India. Startups are eligible for a 50% trademark fee refund and an 80% patent cost refund. To help safeguard creative ideas, the government provides registered startups with a rapid and easy IP facilitation process.

By offering advice on safeguarding intellectual property, Bizsimpl makes sure your startup is legally shielded from exploitation.

Step 6: Take Advantage of Government Grants and Benefits You will be able to access a variety of government initiatives for startups, such as incubator programs, loan support, and seed fund schemes, after successfully registering your business in India.

Bizsimpl helps businesses apply for and take advantage of the newest programs by making sure registered startups are informed about pertinent grants and opportunities.

Advantages of Indian Startup Registration

More than just a legal necessity, startup registration has real advantages that can help your company grow. What is unlocked by Startup Registration in India is as follows:

Acknowledgment and Credibility: Obtaining official DPIIT recognition gives your company legitimacy, which facilitates luring in customers, investors, and talent. Financial incentives: Startups can achieve financial growth thanks to tax exemptions, capital gain tax incentives, and simpler access to government funding and loans. Support for Patents and Trademarks: Registering your startup gives you priority treatment during the IP registration procedure, which makes it simpler to safeguard your creative concepts. Access to Mentoring and Networking: Startup India offers webinars, networking events, and mentoring opportunities, all of which are accessible through Startup Registration in India. Ease of Doing Business: Startup Registration in India eases the administrative load and allows entrepreneurs to concentrate on growing their businesses by streamlining compliance procedures. How Bizsimpl Can Assist You in India with Startup Registration For business owners who wish to easily register their startups in India, Bizsimpl is a one-stop shop. From forming your company to obtaining DPIIT accreditation and beyond, Bizsimpl guarantees a seamless registration process with its skilled experts and individualized services. Here’s how Bizsimpl streamlines and simplifies startup registration in India:

Professional Advice on Business Structure: Selecting the appropriate structure is essential. Bizsimpl assists customers in weighing the advantages and disadvantages of every structure so they can make the best decision. Extensive Documentation Support: A number of documents are needed for startup registration, and errors could cause the process to drag on. All documentation is managed by Bizsimpl, which guarantees correctness and compliance with legal requirements. DPIIT Certification and Tax Exemption Application: To guarantee that entrepreneurs get the most out of Startup Registration in India, Bizsimpl manages applications for DPIIT certification and tax exemptions. Access to Grants and Plans: The staff at Bizsimpl keeps abreast of government programs and financial assistance alternatives, helping customers apply for grants and facilitating financing access. Intellectual Property Support: Bizsimpl provides continuing assistance for intellectual property management and assists new businesses in submitting applications for patents, trademarks, and copyrights. End-to-End Support: Bizsimpl offers a smooth experience that enables you to effectively manage the complexity of Startup Registration in India, whether you’re incorporating your company, requesting tax exemptions, or obtaining government perks. Selecting Bizsimpl allows business owners to concentrate on what really counts—developing their startup—while Bizsimpl manages the registration procedure.

Conclusion

In India, registering a startup is a crucial first step in building a well-established, tax-exempt, and legally recognized company. The benefits of startup registration in India can have a big impact on your growth and long-term success, from credibility and networking to cash gains and intellectual property protection.

You may optimize the advantages provided by the Indian government and expedite the registration process with Bizsimpl. Get started on the path to a more promising business future right now by visiting Bizsimpl and allowing their professionals to assist you with every stage of Indian startup registration.

Register your startup and discover how Startup Registration in India will improve your business journey if you’re prepared to turn your entrepreneurial aspirations into a reality. Allow the knowledgeable staff at Bizsimpl to assist you throughout the process, making sure your company is established on a strong basis right away.

Maybe You Like

November 13, 2024

Ultimate Guide to Startup Registration in India: Step-by-Step Process & Benefits

Share Post : Ultimate Guide to Startup Registration in India: Step-by-Step Process & Benefits Although it entails overcoming a number of regulatory hurdles, starting a business in India may be a lucrative endeavor. By registering as a startup, you can access a wealth of advantages and expansion prospects, providing your business with a strong platform […]

November 11, 2024

Startup Incorporation in India: Essential Steps and Benefits for New Entrepreneurs

Share Post : Startup Incorporation in India: Essential Steps and Benefits for New Entrepreneurs India has quickly developed into a center for new businesses and entrepreneurial endeavors. For prospective business owners, startup incorporation in India offers an exciting and lucrative opportunity due to the country’s expanding ecosystem, benevolent government regulations, and extensive market reach. But […]

November 11, 2024

Understanding Private Limited Company in India: Benefits, Requirements, and Setup Guide

Share Post : Understanding Private Limited Company in India:Benefits, Requirements, and Setup Guide Many entrepreneurs and small business owners are thinking about establishing a Private Limited Company in India as a result of the country’s thriving business climate. Because of its special advantages and legal advantages, a Private Limited Company (PLC) is one of the […]

November 9, 2024

Startup Registration in India Simplified: Your Pathway to Launching a Successful Business

Share Post : Startup Registration in India Simplified: Your Pathway to Launching a Successful Business Making sure you are properly registered as a startup in India is one of the most important first stages in the exciting but complicated process of starting a business. In addition to gaining reputation, a solid legal foun

#companies #company registration #startup success #startupfundings

0 notes

explorebusiness · 24 days ago

Text

Document Checklist for GeM Registration: A Complete Step-by-Step Guide for Businesses

Introduction:

GeM the short form of Government e-marketplace is the electronic marketplace that was prepared by the Government of India to make procurement easier for public buyers as well as for registered sellers. Today, GeM has evolved as an alternative platform wherein vendors, suppliers, and business houses can sell their goods directly to government organizations. GeM registration will open up all those potential business opportunities which could make your business viable whether you are a seller or a buyer. Here is a complete checklist of the document for GeM registration, which would help in knowing the whole process and what kind of requirements are there for a smooth registration process.

1.Benefits of GeM Registration for Sellers:

• This will open access to a large government procurement market.

• GeM registration with Government Buyers with increased transparency.

• All tender and order processes also smoothen out

• Swifter payment cycles besides an administrative cost cut down.

• Direct as well as long-term contracts too to come out.

2. What is registrable on GeM?

Registration in GeM can be carried out by any Indian organization. These are -

Proprietary firm

• Partnership firm

• LLP

• Private and public limited companies

• Registered societies and trusts

• Startups and MSMEs

All of them can be an entrepreneur, service provider, or product seller. Now it is your turn to know what are those documents required for GeM Registration to make the process of registration smooth and without any hassle.

3. Documentary Checklist for GeM Registration:

Depending on the business entity type, the list of documents to be generated for GeM registration differs. This checklist further elaborates and sub-categorizes the kind of registrations.

A. For Individual Sellers /Proprietorship Firms

1. Aadhaar Card or PAN Card -Identity and address proof of person or Proprietor

2. Address proofs: Utility bills, bank statements, etc are valid address-related proofs for his/her case.

3. Bank Account details -Cancelled cheque or bank passbook.

4. Income Tax Returns: As a proof of income

5. Business Profile/Experience: Experiences in previous assignments or work with government or private organization

B. Documents required for Partnership Firms:

1. Photocopy of the partnership deed.

2. PAN Card of the Firm: PAN Card of the Organization

3. Address Proof: Electricity bill or office address on a lease agreement

4. Bank Account Details: Cancelled cheque or bank account statement

5. Registration Certificate: For the companies falling under the Indian Partnership Act.

C. Private Company and LLP Documents

1. Incorporation Certificate: RoC

2. MoA & AoA: Company incorporation documents

3. Company PAN Card: For identification purposes and tax purposes.

4. ID Proof of Signatory: Aadhaar/PAN of the authorized signatory.

5. Bank Details: Cancelled cheque or bank statement of the company's account.

6. GST Registration Certificate: Proof of the company's registration in India under the GST.

D. MSME, Start-Ups, Others

1. Udyam Registration Certificate: Udyam Registered.

2. DPIIT Recognition Certificate: Classified as a start-up.

3. Registration Certificate: Societies, trusts, or any other form of registered body.

4. Financial Statements: Balance sheet and income statement of previous two years,

4. Registration Procedure on GeM Portal: Step-by-Step Guideline

Once you have all the documentation available, if needed, begin getting registered there at GeM with the following steps :

1. GeM Portal: Log into the GeM official website and proceed with 'Seller Registration.'

2. Basic Information: Fill up your business name, address, e-mail id, and contact number.

3. Attachments of documents; attach the documents against checklists. Attachments in pdf and not more in size as prescribed.

4. Verification Process: It will verify all data/information concerning a particular company. Once GeM is done with its processes, then you qualify for inclusion.

5. Items Under Product/Service: The same shall be made available to a Government buyer once it's registered.

This is a straightforward process wherein registering with GeM will become pretty easy for the vendor; he would have thousands of procurements made by the government and available to him easily.

5. Some Common Mistakes To Avoid in GeM Registration

1. If any inappropriate information is related to the business or the submission of old documents, then time delay will take place in the process.

2. All the documents are prepared well in advance before applying for registration so there is no hassle at the last moment.

3. GST Registration Not Done: Sellers need to sell taxpaid goods and services. Sellers must at all times get registered under GST.

4. No updation: Update your GeM profile with all changes in the details of your business so the company does not fall short on the compliance aspect of GeM policies.

6. Conclusion: Streamline the GeM Registration Process

Register on a Government e-marketplace and thereby elevate your business substantially by getting an array of government buyers into your account. Once the company is suitably equipped with the knowledge of the checklist for registering through the document of GeM, then smooth sailing for the company and tapping into the available opportunities of GeM should be possible. An MSME is either new or old, and GeM may push it to sell more and increase profit volumes.

Apply now in just one click here Seller on GeM: Apply - Know how to register as a seller here today get expert support and makes the journey to onboard smooth and without hurdles.

#gem portal registration #gem registration online #gem registration portal #gem seller registration #gem portal tenders #gem online marketplace #gem registration for seller

0 notes

dhananjaya04 · 2 months ago

Text

Small Business Franchises with Low Investment: Affordable Opportunities for New Entrepreneurs

“India’s startup economy has been growing since 2016 with businesses mushrooming rapidly across the country. As of April 2024, over 127 thousand startups had been officially recognised by the Department for Promotion of Industry and Internal Trade (DPIIT).” Source

With the startup market booming in India, people are now looking for safe business ideas. However, the fear of high initial costs, lack of brand recognition, and the risk of failure often discourage people from pursuing their entrepreneurial dreams.

What’s the alternative?—small business franchises in India with low initial investment. These franchises provide an affordable entry point into the business world and are an excellent option for those looking to start their journey with a proven business model.

What Makes a Franchise Low Investment?

A low-investment franchise typically requires a lower upfront capital compared to traditional franchises or independent business ventures. Factors contributing to a low investment include:

Lower Franchise Fees: The initial franchise fee is relatively modest.

Reduced Royalty Payments: Lower ongoing royalty payments or a flat fee structure.

Minimal Overhead Costs: Businesses that do not require large physical spaces or extensive inventory.

Home-Based Opportunities: Franchises that can be operated from home or a small office.

Popular Low-Investment Franchise Options

Toy Store Franchises

Among the low-investment franchise options, a toy store franchise like Khilonewala stands out for its unique business model and affordability. Khilonewala, India's first toy library franchise, provides an innovative approach to the toy industry by offering toys on a rental basis. This model not only reduces the financial burden on customers but also presents an attractive opportunity for franchisees. Here’s why:

Innovative Model: Khilonewala operates on a toy rental basis, reducing costs for customers and offering a unique business model.

Affordable Startup: With a low initial investment, franchisees can start small, often from home or a modest space.

Established Brand: Benefit from Khilonewala’s brand recognition and customer trust in the toy industry.

Support and Training: Receive comprehensive support and training to streamline operations and ensure success.

Growing Market: Tap into the expanding market of parents looking for cost-effective and sustainable toy solutions.

Food and Beverage Franchises

The food and beverage industry offers several low investment options, especially for smaller, niche concepts. Coffee kiosks, such as Café Coffee Day’s Express outlets, provide mobile or kiosk-based coffee services that require a lower initial investment compared to full-scale cafes. Similarly, snack and beverage kiosks like Wow! Momo or The Juice Lounge offer affordable franchise opportunities, particularly in mall or kiosk formats. These options allow entrepreneurs to enter the industry with minimal capital while tapping into the growing demand for convenient food and beverage solutions.

Home-Based Franchises

Home-based franchises provide a cost-effective way for entrepreneurs to start a business from their own space, eliminating the need for a physical storefront and reducing overhead expenses. For instance, digital marketing franchises such as Digikull or The Growth Coach enable you to manage operations from home with minimal investment in technology and training. Additionally, personal service franchises like PetSutra or Portea, which offer services such as pet sitting or senior care, can be efficiently run from home or with a small team, making them ideal for those seeking a flexible and low-cost business model.

Health and Wellness Franchises

The health and wellness sector offers various low-cost franchise opportunities. Fitness studios, which focus on specialised workouts and personal training, provide an affordable entry point with initial costs lower than full-scale gyms. Similarly, health food franchises emphasise nutritious eating with smaller, manageable setups, catering to the growing demand for convenient, healthy meal options. These options allow entrepreneurs to enter the industry with reduced capital investment while addressing the wellness needs of their communities.

Educational Franchises

Educational franchises provide cost-effective opportunities for entrepreneurs, serving parents and children. Early childhood education franchises, such as Kidzee and EuroKids, offer essential learning experiences with minimal setup costs.

Exploring low-investment franchise options can be an excellent way to start your entrepreneurial journey without overwhelming financial commitments. Whether you’re interested in a service-based franchise, a retail or food concept, or a home-based opportunity, there are numerous affordable franchises available. By selecting a franchise that aligns with your interests and budget, you can leverage a proven business model while minimizing risk. As you embark on this exciting path, careful research and due diligence will be key to finding the perfect franchise opportunity to suit your goals and aspirations.

#toy library franchise #toys business franchise #work from home franchise

0 notes

global-taxman-india · 2 months ago

Text

Private Limited Company Registration In India

Your dream to start a business in India can't come to realization if you don't have a proper business entity to support it. A private limited company is India's most prominent form of business entity. From veterans to novices, from budding start-ups to established entrepreneurs, and from north India to south India, it is considered the best business entity.

In order to start your business with such an entity, you must go through four simple steps. The first step is to obtain the DSC signature, and the second is to apply for the Director Identification Number. Third, get name approval and fill SPICe+ form and lastly obtain PAN and TAN number.

One Person Company Registration

An OPC or One Person Company is a business format where a single person owns the company. There is no more than a single director or more than a single member. Being a single-handled company, an OPC is easy to manage. If you are an entrepreneur who seeks singular success, you can register as an OPC in India.

The definition of a One Person Company is explained in Sub Section 62 of Section 3 of the Companies Act, 2013, which states: “One Person Company means a company which features only one Member.” Therefore, unlike a Private Limited Company, this single company registration of a single owner doesn’t need a minimum of two directors. However, like a private limited company, the online One Person Company Registration in India does provide you with Limited Liability.

The process of company registration in India is simple and includes fewer steps. Apply for DSC and DIN, then send the name of the company for approval, collect all the documents, and file the form on the MCA website if the authority found the application and documents correct, then it provides you a status of One Person Company.

Nidhi Company Registration In India

Nidhi Company is a business entity in India governed under the Companies Act 2013. Its sole objective is to engage with thrift and savings among its members. A Nidhi Company is a Non-Banking Financial Institute that exclusively provides services like lending and deposits to its members. Therefore, it can be said a Nidhi Company in India only consists of funding from its members and shareholders.

Starting a Nidhi Company in India means starting a Non-Banking Financial Companies class. They are governed by the Reserve Bank of India. This body tells the registered Nidhi Company guidelines about lending and depositing activities. However, Nidhi Companies can only deal with their members. Therefore outside members are not allowed.

Startup Registration In India

In the initial days of the company, it is called a Startup. By starting a company in India, you take your first step in the business world. After setting up a company it comes under the category of startup for 10 years. To get the recognition, you must complete the startup registration.

In the process of registration, the government of India is helping businesses to grow. These schemes have many benefits and to take these benefits, the startup needs to register under the Department of Industrial Policy and Promotion (DPIIT). The startup businesses must fulfil the eligibility to obtain the certificate of a startup business.

Public Limited Company Registration In India

A Public Limited Company should be the preferred business choice in India if you plan to raise funds from the general public through Initial Public Offering (“IPO”) because public limited companies have been privileged under Securities Laws to access the capital market.

Sole Proprietorship Registration, Eligibility And Process

A sole proprietorship in India is the most popular form of business structure for micro and small businesses operating in the unorganized sectors due to its simplicity, ease of information access, and nominal cost. Because of these factors, single owners are going for sole proprietorship registration in India.

The sole owners are liable for all the business debts and have unlimited liability. So, their business and personal assets are at risk. getting a certificate of incorporation for sole Proprietorship is a good idea. However, obtaining a certificate of sole Proprietorship is generally unsuitable for medium and large-scale businesses due to the array of disadvantages like unlimited liability, no separate legal entity, non-transferability, and limited company life.

Company Partnership Registration In India

Partnership registration in India involves the legal process of establishing a partnership firm under the Indian Partnership Act, 1932. This process ensures that the partnership is legally recognized and the partners' rights and obligations are clearly defined. A partnership firm is a business entity where two or more individuals agree to operate a business together, sharing profits and losses according to the terms of their partnership agreement.

To register a partnership, the partners must prepare a partnership deed, which outlines the terms of the partnership, including the name of the firm, the nature of the business, the rights and duties of the partners, and the profit-sharing ratio. The partnership deed must be signed by all partners and should be registered with the Registrar of Firms to gain legal validity. Registration provides the partnership with a legal status and enhances its credibility, facilitating better access to financial and legal benefits.

Our Assistance In Company Registration In India

At GLOBAL TAXMAN INDIA Ltd, we provide end-to-end solutions for Company Registration. Our services.

GLOBAL TAXMAN INDIA Ltd is a leading legal consultancy firm, offering comprehensive services related to Company Registration in India.

Tel : +91-9811099550

Mail - [email protected]

Visit - www.globaltaxmanindia.com

#finance #success #accounting #company registration

0 notes

infomance · 3 months ago

Text

Best Startup Stories In India: Inspirational Journeys

Over the years since 2016, there have been several noteworthy Indian startups that have earned recognition on a global level due to their tremendous growth trajectory. The country has produced several unicorns, including Flipkart, Ola, and Nykaa, which have given momentum to the growth of industries, created new opportunities, and set examples as Best Startup Stories in India. The implementation of venture capital, private equity, and angel investors has provided access to capital, enabling startups to scale and grow. As of April 2024, DPIIT has recognised over 127,000 startups in India.

Flipkart has become the indigenous ecommerce pioneer, Ola has revolutionized the ride-hailing service with a special emphasis on "Make In India", Zomato and Swiggy dominate the foodtech sector, while the edtech segment has witnessed unprecedented growth arc of startups such as BYJU'S, which was once the highest valued startup in India and recognised globally though now facing setbacks, PhysicsWallah and Unacademy.

#best startup stories in India

1 note · View note

psrcompliances · 3 months ago

Text

Startup Registration India

Startup Registration in India is the first step to turning your business idea into reality. It provides legal recognition, tax benefits, and access to various government schemes. With the right registration, you can protect your brand and attract investors. Get your startup registered smoothly and start your entrepreneurial journey with expert help! Reach out to PSR Compliance to begin today.

#Startup Registration #Startup India #Stratup Registration India

0 notes

professionalutilities1 · 5 months ago

Text

What are the introductory documents required for DPIIT recognition?

Entities must submit the following documentation to DPIIT for recognition of Startup India:

Required documents: authorization letter, company PAN card, certificate of incorporation, and director's Aadhaar and PAN cards. The directors' passport-sized photograph Website or corporate profile deck (if any) Photos and videos of products/services A brief overview of how the company is striving towards: Industry innovation offers opportunities for wealth creation and job creation. Other certificates, if available

Registration for the GST Registration as an MSME The registration of trademarks Registration of copyrights

0 notes

setupfiling · 8 months ago

Text

Income Tax Return Filing for the Last 3 Years under Section 139(8A)

Setupfiling.in is an online leading platform that provide #Business Registration, #GST Registration, #Trademark Registration, #DPIIT Recognition, #Project report Preparation, #Income Tax Return Filing and Other #tax compliance services. At setupfiling.in, Entrepreneurs and their Families can avail all CA, CS and Legal work under one platform. Visit us www.setupfiling.in or Contact Us +91 9818209246

#Business Registration #GST Registration #Trademark Registration #DPIIT Recognition #Project report Preparation #Income Tax Return Filing and Other #tax compliance services

0 notes

kartikchoudhary · 9 months ago

Text

Eligibility Criteria for the Registration

Following is the eligibility criteria for Startup India Registration or DPIIT Certificate of Recognition:

1: The Startup India Registration Certificate or DPIIT Certificate of Recognition is provided for the company which is registered as an LLP, Private Limited Company, or a registered Partnership Firm.

2: To get the Registration Certificate, the firm should have an annual turnover of less than Rs. 100 crores for any of the previous Financial Year.

3: The entity or company should be working towards improvement/development of a product, service, or process.

4: The entity or company should have a scalable business model with high potential for the creation of wealth & employment. The company or firm should have the capability to generate employment or create wealth.

5: The period of Company’s operations or existence shouldn’t exceed 10 years from the date of formation.

6: To get Startup India Registration Certificate or DPIIT Certificate of Recognition, the company shouldn’t have been registered by splitting up/recreating an already existing entity.

7: Applicants shouldn’t have defaulted with any financial institution in the past.

#Startup India Registration

0 notes

jahazgarhiaconsultants · 10 months ago

Text

“Empower, Educate, Elevate! 🌐✨ On #SaferInternetDay, let’s join hands to create a digital world that’s safe, secure, and supportive for all. Together, we shape a better online experience! 🤝🔒

- Team Jahazgarhia Consultants (P) Ltd

Our Services:

🎯 FSSAI License & Registration 🎯 Trademark ™️®️ 🎯 Legal Metrology Packaged Commodity Certification ⚖️ 🎯 EPR Registration for Plastic, Battery & E-Waste ♻️ 🎯 BIS Registration for Footwear & Toys 🎯 ISO Certification 🎯 Startup India registration / DPIIT Recognition 🎯 Import Export Code 🎯 Apeda RCMC registration 🎯 Spice Board registration 🎯 Tobacco Board registration 🎯 Tea Board registration 🎯 Company Registration & Compliances 🎯 GST Registration & Filing 🎯 Shop and Establishment registration 🎯 MSME / Udhyam Registration 🎯 ICEGATE Registration 🎯 AD Code Registration 🎯 All Export Promotion Councils registration

📱 : +91- 9999113209 , 9999798333 📧 : [email protected] 🌐 : www.fssailicense.net , www.bisregistration.in

. . . .

#OnlineSafety#DigitalWellbeing#ImportExportCode#ImportExportLicense#FSSAI#FssaiLicense#FssaiRegistration#APEDA#EPR#eprcompliance#legalmetrology#lmpc#Trademark#TrademarkRegistration#trademarklaw#startupindiaregistration#iso9001#isocertification#spiceboard#tobaccoboard#bisregistration#udhyamregistration#msme#icegate#teaboard#gstreturn#dpiitrecognition

0 notes

setupfilling · 11 months ago

Text

Setupfiling.in is an online leading platform that provide #Business Registration, #GST Registration, #Trademark Registration, #DPIIT Recognition, #Project report Preparation, #Income Tax Return Filing and Other #tax compliance services. Visit us https://setupfiling.in/ or Contact Us +91 9818209246

#trademark #gstreturns #startupindia #business #project report #business loan

0 notes

akyvandco2023 · 1 year ago

Text

Startup – DPIIT Recognition : Importance And Benefits

DPIIT: What is it?

The Department for Promotion of Industry and Internal Trade is known by the acronym DPIIT. It is under the purview of the Union Ministry of Corporate Affairs and is in charge of developing strategies to advance trade within India, foreign direct investment, and industrial growth. The Ministry of Commerce and Industry oversees DPIIT. Following the Department of Commerce and the Department of Industrial Policy and Promotion’s (DIPP) merger, it was established in January 2019.

A key component of this initiative is DPIIT recognition for startups, which offers qualified companies tax breaks, financial options, and expedited patent review. This essay will examine the DPIIT recognition procedure, qualifying standards, advantages, and ways in which it might support the development and prosperity of startups within India’s vibrant and cutthroat startup scene.

What does DPIIT desire to achieve?

Goal of DPIIT is to establish an atmosphere that supports the expansion and development of Indian enterprises and industries. The department is in charge of creating and carrying out regulations that support entrepreneurship, innovation, and investment. To accomplish its goals, DPIIT collaborates closely with a wide range of stakeholders, including companies, trade groups, state and local governments, and other federal ministries.

Giving recognition to qualifying entities under various schemes is one way DPIIT encourages the expansion of businesses. A coveted status that provides numerous advantages to businesses is DPIIT recognition. In order to qualify for DPIIT recognition, a company needs to fulfil particular requirements and adhere to a set of guidelines.

The Department for Promotion of Industry and Internal Trade (DPIIT) in India serves several purposes, all aimed at promoting and facilitating industrial development and internal trade in the country. Some of the key purposes and functions of DPIIT include:

Formulating Industrial Policy: DPIIT is responsible for formulating and implementing industrial policies that promote the growth and development of the industrial sector in India. These policies often aim to enhance competitiveness, encourage innovation, and attract investments.

Promoting Investments: DPIIT works to attract both domestic and foreign investments in various industries. This includes creating a conducive business environment, simplifying regulatory processes, and offering incentives to investors.

Supporting Startups: DPIIT leads the Startup India initiative, which is focused on fostering the growth of startups in the country. This involves providing various benefits and incentives to startups, such as tax exemptions, self-certification, and easier compliance procedures.

Ease of Doing Business: DPIIT plays a crucial role in improving the ease of doing business in India. This includes streamlining regulatory processes, reducing bureaucratic hurdles, and implementing reforms to create a more business-friendly environment.

Internal Trade Facilitation: In addition to industrial promotion, DPIIT also works towards facilitating internal trade. This involves measures to simplify and streamline trade processes within the country.

What advantages does DPIIT offer?

Eligible startups can take advantage of a number of advantages of DPIIT recognition, including funding opportunities, tax exemptions, and expedited patent examination. Additionally, it gives startups credibility, visibility, and networking opportunities with investors, mentors, and leaders in the industry. DPIIT recognition can also assist startups in overcoming administrative roadblocks, enhancing the ease of conducting business, and advancing an innovative and entrepreneurial culture in India. Below is a summary of some of the main advantages of DPIIT Recognition.

Access to Government Schemes: DPIIT-recognized startups are eligible to apply for government schemes and programs designed to support and promote entrepreneurship.

Tax Benefits: Startups recognized by DPIIT may avail themselves of tax benefits under the Startup India initiative. This includes a three-year exemption from income tax in a consecutive block of seven years, provided the turnover does not exceed a certain limit.

Self-Certification Compliance: DPIIT-recognized startups are allowed to self-certify compliance with certain labor and environmental laws. This reduces the regulatory burden on startups.

Faster Exit Process: The insolvency and bankruptcy code provisions are simpler for startups, making it easier for them to exit within 90 days.

Access to Fund of Funds: Startups can get access to the Fund of Funds for Startups (FFS), which is a government scheme to provide funding support through selected venture capital firms.

IPR Benefits: DPIIT recognition provides assistance and support for filing patents and trademarks. Startups can receive an 80% rebate on the patent filing fees.

Networking Opportunities: Recognition opens up opportunities for networking with other startups, investors, and industry leaders through events organized by the government or other startup ecosystems.

Priority in Government Procurement: Startups are given preference in government procurement processes, making it easier for them to participate in government tenders.

Easier Compliance Requirements: Startups enjoy relaxed compliance requirements for matters like labor and environment regulations.

How can one become recognized by DPIIT?

The Department for Promotion of Industry and Internal Trade launched the DPIIT recognition for startups programme to give eligible startups benefits, recognition, and incentives to help them grow, develop, and expand in India. Eligible startups that wish to be recognised by DPIIT must fill out an online application with information about their team, product or service, funding, and business. A panel of experts reviews the application, and those who are successful get access to a certificate of recognition as well as a number of incentives and benefits. Below are detailed explanations of each stage of the procedure.

Establish the eligibility requirements.

Before submitting an application for DPIIT recognition, a company needs to ascertain its eligibility. The National Industrial Classification (NIC) code, the Startup India Scheme, and the Industrial Entrepreneurship Memorandum (IEM) are just a few of the programmes that DPIIT recognises. Businesses must fulfil the specific eligibility requirements of each scheme in order to be given consideration for recognition.

For example, a business needs to be incorporated as a limited liability partnership (LLP), private limited company, or partnership firm in order to be eligible for recognition under the Startup India Scheme. Its incorporation date must have been no more than ten years ago, and its yearly revenue cannot exceed INR 100 crores. The company must also be pursuing the development of novel and cutting-edge technology-driven goods, services, or processes, with the main goals being the creation of wealth and jobs. It must be an original structure and not the result of the division or reconstruction of an already-existing business in order to be eligible.

Create a profile and register on the DPIIT Portal.

A business must register on the DPIIT portal after determining its eligibility. Businesses can apply online for recognition under a variety of schemes through the DPIIT portal. A business must register by providing basic information about itself, including its name, address, and contact details. OTP would be used for the contact information verification. This will finish the registration process and send your login information to the email address you registered.

Request DPIIT Acknowledgment.

Applications for recognition under the Startup India scheme can be made by businesses after completing their registration and profile creation on the DPIIT portal. The business will need to fill out an application form with information about its business plan, projected financials, and the problem it hopes to solve. The company is also required to submit details about its personnel, which includes the directors, founders, and senior management.

Request DPIIT Acknowledgment.

Number of startups approved by the government between the fiscal year 2016 and 2022

India’s business climate and unicorns

India’s economy is made up of a huge number of mostly microbusinesses, the majority of which are located in rural areas. The COVID-19 pandemic’s negative economic effects caused startup funding to lose value between 2017 and 2020, but this trend reversed in 2021 as the number of startup investment deals increased. Thanks to numerous funding agreements and investment plans, Indian startups have expanded into numerous important industries, particularly the technology and e-commerce sectors.

Unicorns and top startup industries

Fintech, e-commerce, and enterprisetech, on the other hand, accounted for the majority of all startups in the nation in 2022. In 2021, India ranked second in the Asia Pacific region for the quantity of unicorns, with a market valuation of slightly less than $100 billion.

Final Thoughts

In conclusion, by giving startups the tools and support they require to develop and prosper, DPIIT recognition for startups plays a critical role in fostering entrepreneurship and innovation in India. DPIIT recognition helps lower entry barriers and promote an innovative culture in India by providing advantages like funding opportunities, tax exemptions, and expedited patent examination. The Startup India programme and DPIIT recognition offer opportunities for entrepreneurs wishing to launch or expand their businesses in India.

#startup #entrepreneur #business growth #accounting

0 notes

kanakkupillai-trademark · 4 months ago

Text

How to Choose a Trademark Registration Agent in Coimbatore

Trademark Registration in Coimbatore: A Comprehensive Guide By Kanakkupillai

Coimbatore, often called the "Manchester of South India," is a bustling hub of industry and commerce. Known for its textile, manufacturing, and educational sectors, the city provides a fertile ground for thriving businesses. In this competitive landscape, protecting your brand becomes paramount—trademark registration in Coimbatore is the best way to safeguard your identity and establish a unique market presence.

Why Trademark Registration is Important

A trademark is a distinctive sign or indicator a business uses to identify its goods or services and distinguish them from others. Registering a trademark offers several benefits:

1. Legal Protection: A registered trademark protects against others' unauthorised use of your brand.

2. Brand Identity helps establish a unique identity and ensures that customers can distinguish your products or services from competitors.

3. Exclusive Rights: The owner gains exclusive rights to use the trademark for the goods or services it is registered under.

4. Asset Value: A registered trademark is an intangible asset that can add significant value to a business.

5. Global Recognition: It facilitates brand recognition and protection in foreign markets through international trademark registration.

Steps to Register a Trademark in Coimbatore

1. Trademark Search: Before filing for registration, conduct a thorough search to ensure that your desired trademark is not already in use. It will help avoid conflicts and potential rejections.

2. Filing Application: The application for trademark registration can be filed online through the IP India website or offline at the Trademark Registry Office in Chennai, which has jurisdiction over Coimbatore.

3. Documentation: Prepare the necessary documents, including:

- Trademark application form (Form TM-A)

- Proof of business registration (e.g., incorporation certificate)

- Logo or wordmark (if applicable)

- Power of Attorney, if filed by an agent

4. Application Submission: Please submit your application with the prescribed fee. The fee varies depending on the applicant type (individual, startup, small enterprise, or others) and the number of classes selected.

5. Examination: The trademark office examines the application to ensure compliance with legal requirements and checks for any conflicts with existing trademarks. An examination report is issued, which might raise objections.

6. Publication: The trademark is published in the Trademark Journal if the application passes the examination. It allows third parties to oppose the registration if they believe it infringes on their rights.

7. Opposition Period: There is a 4-month period during which third parties can file an opposition. If opposed, a hearing will be scheduled to resolve the dispute.

8. Registration: If no opposition is filed or if the opposition is resolved in favour of the applicant, the trademark is registered, and a registration certificate is issued.

9. Renewal: Trademarks must be renewed every ten years to maintain protection. Renewal applications should be filed before the expiry date.

Local Support and Resources

Coimbatore offers various resources and professional services to assist with trademark registration:

- Legal Firms and IP Consultants: Numerous legal firms in Coimbatore specialise in intellectual property law and can provide expert guidance throughout registration.

- Chambers of Commerce: The local chambers often provide resources and support for trademark registration and other business needs.

- Government Agencies: The Department for Promotion of Industry and Internal Trade (DPIIT) and local MSME offices offer assistance and information regarding trademark registration.

Conclusion

Trademark registration in Coimbatore is crucial for businesses to protect their brand identity and gain a competitive edge. Companies can secure their trademarks effectively by understanding the registration process and leveraging local resources. As Coimbatore grows as an industrial and commercial hub, safeguarding intellectual property will remain a key component of business strategy. Register your trademark today to protect your brand and pave the way for future growth and recognition.

#Trademark registration in Coimbatore

0 notes