Register Sole Partnership

MSME is an acronym for Micro, Small, and Medium-Sized Businesses. The Indian government has clearly defined Micro, Small, and Medium Enterprises. Any entity that falls within these parameters may apply for registration under the MSME Act. A Sole Proprietorship business may also obtain a Certificate of Registration through this department. This document is also referred to as UDYOG AADHAR and UDYAM REGISTRATION.

MSME Threshold Boundaries:

1. In India, the delivery of goods and services is subject to an indirect tax known as the Goods and Services Tax (GST). It is a thorough, multistage, destination-based tax. Multi-staged because it is imposed at each stage of production but is intended to be refunded to all parties in the various stages of production other than the final consumer, destination-based because it is collected at the point of consumption rather than the end of origin, as was the case with previous taxes, and comprehensive because it has absorbed almost all indirect taxes with the exception of a few.
2. GST applies to business entities whose annual turnover exceeds Rs. 40 lakhs* (Rs. 10 lakhs for northeastern states). A small business entity (i.e., one with a turnover of less than Rs. 1.5 crores (or Rs. 75 lakhs in North Eastern states)) may choose the GST Composition Scheme to reduce its GST rate.
3. Goods and services are taxed at rates of 0%, 0.25 per cent, 1 per cent, 1.5 per cent, 3 percent, 5 per cent, 6 per cent, 12 percent, 18 percent, and 28 percent, respectively. However, petroleum products, alcoholic beverages, and electricity are not taxed under GST and are instead taxed separately by state governments, per the previous tax system.
4. The tax went into effect on the 1st of July, 2017, due to the Indian government's implementation of the One Hundred and First Amendments to the Constitution of India. The tax replaced multiple federal and state taxes that had previously been imposed. The tax rates, regulations, and rules are governed by the GST Council, which is comprised of the finance ministers from the centre and all of the states.
5. A Sole Proprietorship can also apply for registration and receive a Certificate of Registration under this Act.

1. Every employer and owner of a shop or establishment, regardless of whether they are a sole proprietorship, partnership firm, limited liability partnership (LLP), private limited company, public limited company, or any other business entity registered under any other law currently in effect, must submit an application for registration under the Shops & Commercial Establishments Act within 30 days of starting their operations. The Shops & Commercial Establishments Act governs the working conditions of persons employed in shops, commercial establishments, public entertainment or amusement establishments, and other establishments, including the hours of labour, payment of wages, leave, holidays, and terms of service. All workplaces must register, with the exception of those covered by the 1948 Factories Act. As each state has its own laws, this one is a state law.

Any company that imports or exports goods or services is required to have an import export code, with the exception of Ministries / Departments of Central or State Government and individuals importing or exporting items for their own use unrelated to trade, manufacture, or agriculture (IEC). The Director General of Foreign Trade (DGFT) office, a division of the Indian Ministry of Commerce and Industry, is responsible for issuing the ten-digit IEC code. There is a jurisdictional office for each state.

Any individual or business that trades, supplies, sells, or manufactures food must obtain FSSAI registration. The Food Safety and Standards Act of 2006 regulates the Food Safety and Standards Authority of India (FSSAI). Under the Food Safety and Standards Act, a business entity must obtain a 14-digit FSSAI license number before launching a food business. There are three FSSAI License categories:

Basic License:

The Basic License applies to food businesses with an annual turnover of less than Rs. 12 lakhs.

State Registration:

State Registration is required for food businesses whose annual turnover is between Rs. 12 lakhs and Rs. 20 crores.

Central Registration:

Registration at the Central Level Registration at the Central Level is required for food businesses with an annual turnover of over Rs. 20 crores.

Who is exempt from the FSSAI Registration requirement?

A minor retailer, hawker, itinerant vendor, temporary stall holder, small scale or cottage or such other industries relating to food business, or tiny food business operator who manufactures or sells any article of food themselves; however, they shall register themselves with the appropriate authority and in the appropriate manner as may be specified by FSSAI regulations, without compromising the accessibility of healthy and safe food for human consumption or affecting.

What exactly is a Trademark?

A trademark is a word, symbol, phrase, or design that identifies and differentiates the source of one party's goods from those of other parties. A service mark is a word, phrase, symbol, or design that distinguishes the start of service as opposed to a good. Each company's trademark is valuable because it is associated with its products, and consumers purchase products based solely on the trademark. Therefore, a company's trademark must be unique so that consumers can distinguish its products from those of competitors. A trademark is a marketing tool that visually distinguishes a company or product from competitors vying for market share. Unique to a company and its consequences, trademarks are forms of intellectual property. Slogans, symbols, and clever catchphrases are examples of common trademarks. The goal of trademark law is to prevent unfair competition by protecting the use of a symbol, word, logo, slogan, design, domain name, etc., that distinguishes a company's goods or services distinctively.

Who must register a Trademark?

The creator of a word, symbol, logo, slogan, design, or domain name may submit a trademark application to the Office of the Controller General of Patents, Designs, and Trademarks. A non-business individual may also submit a trademark application and obtain trademark registration for a word or symbol they intend to use in the future. The four trademark offices in India are located in Delhi, Mumbai, Kolkata, and Chennai. You can submit a trademark application online or offline.

What is the registration fee for a trademark?

How long does it take to register a trademark?

Trademark Registration is a lengthy process, and it takes approximately 12 to 24 months to obtain registration in an uncomplicated case, with no opposition or objections. Nevertheless, the trademark application number is typically assigned upon filing.

What documents are necessary for Trademark registration?

1. In the case of an individual, photo identification and a letter of authorization are required.
2. If the applicant is not an individual, a Certificate of Registration, Startup Certificate, or MSME Certificate, as well as an Authorization Letter, are required.
3. Logo, if any.