Business Registration – Digitize Xpert

1. Company Incorporation

Incorporation business registration is the formation of a new corporation/ company. One of the most important rules a businessman or entrepreneur needs to follow is to register your company legally as per the rules laid down by the government.

The incorporation of a company refers to the legal process that is used to form a corporate entity or a company. An incorporated company is a separate legal entity on its own, recognized by the law.

Perks & Benefits of Incorporation Business Registration

Limited Liability – Corporations provide limited liability protection to their owners (who are called shareholders). Typically, the owners are not personally responsible for the debts and liabilities of the business; thus, creditors cannot pursue owners’ personal assets, such as a house or car, to pay business debts. Conversely, in a sole proprietorship or general partnership, owners and the business are legally considered the same and personal assets can be used to pay business debts.
Tax Advantages – Corporations often gain tax advantages, such as the deductibility of health insurance premiums paid on behalf of an owner-employee; savings on self-employment taxes, as corporate income is not subject to Social Security, Workers Compensation and Medicare taxes; and the deductibility of other expenses such as life insurance. For information on the types of tax advantages, your business may gain by forming as a corporation, consult an accountant or tax advisor.

Establishing Credibility – Incorporating may help a new business establish credibility with potential customers, employees, vendors, and partners.
Unlimited Life – A corporation’s life is not dependent upon its owners. A corporation possesses the feature of unlimited life, meaning if an owner dies or wishes to sell his or her interest, the corporation will continue to exist and do business.
Transferability of Ownership – Ownership in a corporation is typically easily transferable. (However, there are restrictions on S corporation ownership).
Raising Capital – Capital can be raised more easily through the sale of stock. Additionally, many banks, when providing a small business loan, want the borrower to be an incorporated business.
Retirement plans – Retirement funds and qualified retirement plans, such as a 401(k), maybe established more easily.

Start a Business

Company Incorporation
LLP Registration
Pvt Ltd Registration
OPC Registration
Trademark Registration
Partnership Registration

License / Registration

FSSAI Registration
FSSAI License Renewal
MSME (Udyam Aadhaar) Registration
Shop act Registration
Import / Export License

Personal / Property

Rent Agreement
Notarized Rent Agreement
Marriage Registration
Sale Deed
Gift Deed
Affidavits

GST / Taxes

GST Registration
GST Filling
GST Cancellation
TDS Return Filling (ROC filing, ISO Certification)

Others

PAN Card
PWD License
Passport
PSARA License (Private Security Agency license)

2. Trademark Registration

A trademark is a unique symbol or word(s) used to represent a business or its products. Once registered, that same symbol or series of words cannot be used by any other organization, forever, as long as it remains in use and proper paperwork and fees are paid. As per the Trademark Act, Trademark registration in India helps the applicant or the trademark owner to safeguard his logo or trademark. Trademark registration also helps to avoid duplication within the trademarks.

Benefits of Availing Trademark Business Registration

Exclusive Identification–the product and services provided by the business are uniquely identified by consumers and audiences. This helped to build a market reputation and thus, becomes the face of the business entity. It ensures the sole ownership of a particular symbol, logo, name, such that it is not misused.
Legal Protection– Once the trademark is registered, an infringement of the existing trademark can be sued by the owner.
Building up trust or Goodwill– Serving quality products and services under a registered trademark builds up an image of the business entity in the marketplace. It also portrays that the business cares about the brand building and this passes on positive values about the brand to the customers or public.
Global Permits– Trademark registration in India helps the domestic traders in getting exposed to the global market through International Trademark System. It is important to note that even Non-Resident Indians and foreigners are eligible to register a trademark in India. On the other hand, Indians can register their trademarks globally.

Protection from infringement claims– Once the trademark is registered, one can be sure of the infringement claims. This means if the trademark is recorded, one may require proper legal evidence in order to defend a trademark publically.
The value in the market– A trademark standardizes the product and services provided by the business entity in the market. This builds up the value of the brand such that it is easy for a customer or a potential customer to spot the company or brand in the market.
Hypothecation or security– A registered trademark can be hypothecated for the purpose of security in order to secure loans. Here it is pledged in a similar manner as immovable property is bonded.
Intangible property–In the legal sense, a registered trademark is often referred to as an identifiable intangible property. It attaches to the reputation or goodwill of the product.
The right to use the symbol R– Once registered, one may use the symbol for goods and services listed in the registration.
Exclusive Rights– The right to exclusively use it in respect of the goods and services offered by the business entity.