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December, 2013

Trademark Registration in India

Posted By admin on December 24, 2013 No Comments

 

Why trademark:

  1. Trade Mark associates the standardization of Goods and Service and trade mark add tremendous value to the product and services as consumer buy/utilize services on trademark basis also. It has great value and no action taken by the company to protect this value will result a tremendous loss to the corporate
  2. Corporate adopt pro active strategy for protection of their trade mark and intangible assets
  3. With the advent of branding and the increase in value being attached to it, the issue of protection of consumers from unauthorized violation of brands is gaining importance. Most often than not, a brand is represented by a mark, called its trademark.
  • The registration of trademark provides the proprietor of the trademark, exclusive rights to use the TM in relation to the goods or services.
  • The registration of the trademark is a prima facie proof of validity of the registered trademark. In any legal proceeding, this is highly important.
  • Business can use TM at the right side of trade mark after applying for the same.

Key Point regarding protection of trade mark

There are 42 classification as per Indian Trade Mark act and a trade mark can be associated with one or more classification. Selection of appropriate classification and drafting the application is the most critical aspect of the same.
Documents required:

  1. Name of the Trademark/Service Mark to be registered.
  2. Full Names, Address and Nature of the Business of the Applicant.
  3. Full Name of the Proprietor/Partners of the Applicant firm.
  4. Date of first use of the Trademark/Service Mark in India List of goods/services
  5. Soft copy of the trademark to be registered.

Time taken:

  1. The overall time taken by us in searching, Drafting and filling trade mark application is 1-2 days.
  2. After Application government publish this trade mark application in different journal and invite objection. If no objection received in a particular period, trade mark is granted. Normally trade mark is registered in 2 year time
  3. After registration the trade mark, business can use R at the right hand upper side of the trade mark
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Registration Private Limited Company in India.

Posted By admin on December 24, 2013 No Comments

Six important aspect of Registration Private Limited Company in India.

  • For Registration Private Limited Company in India  must have minimum paid-up share capital of Rs.1 Lakh or such higher capital as may be prescribed
  • Minimum two directors and minimum two shareholders are required.
  • Restriction on right of transfer of shares as per the AOA.
  • Number of shareholders is limited to fifty.
  • An invitation to public to subscribe for any shares or debentures is prohibited.
  • No invitation of deposits from persons other than members, directors or their relatives is allowed.Reg Limited Company in India

STEPS REQUIRED TO BE PERFORMED TO INCORPORATE A PRIVATE LIMITED COMPANY:

  • Obtain Director Identification number
  • Get your digital signature certificate
  • Get the name of the company approved
  • Memorandum and articles of association vetted and printed
  • Get the documents stamped
  • Get the memorandum and articles signed by at least two subscribers
  • Get the certificate of incorporation.

CALL NOW: 9818092002

TIME FRAME TO INCORPORATE A PRIVATE LIMITED COMPANY:

  • Takes average 14 days to complete private limited company incorporation in India. .

FIVE ADVANTAGES TO INCORPOARTE A PRIVATE LIMITED COMPANY:

  • If the company experience financial distress because of normal business activity, the personal assets of shareholders will not be at risk of being seized by creditors.
  • Business not affected by the status of the owner.
  • Minimum number of shareholders required is only2.
  • More capital can be raised as the maximum number of shareholders allowed is 50.
  • Scope of expansion is higher because easy to raise capital from financial institutions.

POST INCORPORATIONFORMALITIES:

  • Obtaining Permanent Account Number (PAN) from Income Tax Department
  • Obeying Shop and Establishments Act
  • Registration for Import Export code from Director General of Foreign Trade
  • RBI approval for Registration Private Limited Company in India being foreign companies investing in India and FIPB approval, if required.v The directors of an Indian company, both Indian and foreigner directors, are required to obtain Director Identification Number – DIN and Digital Signature Certificate – DSC
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How to set up Branch office of Foreign Company in India.

Posted By admin on December 24, 2013 No Comments

SET UP OF BRANCH OFFICE REGISTRATION IN INDIA 

One of the most popular option among foreign company is to open Branch office in India

Any foreign company which has profit track record of 3 to 5 Year can open Branch office in India.

Time to open Branch office is 2-3 Months.

PROCEDURE FOR SETTING UP A BRANCH OFFICE IN INDIA:

      • Branch office can be set up in India only with the prior approval of RBI.
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In case foreign company is not able to meet capital and profit requirement, they can consider to open Subsidiary Company in India subject to Foreign Direct Investment guidelines in India.

Foreign Companies are allowed to carried out only specified activity as mentioned in this article.

Branch Office Registration in India

KEY SIX FEATURES OF BRANCH OFFICE REGISTRATION IN INDIA :

ü The name of Indian BRANCH office shall be same as parent company.

ü The governing body for the BRANCH office License is Reserve Bank of India.

ü It is suitable for foreign Companies looking to setup a temporary office in India and not interested or not planning to have long term plans for the Indian operations.

ü The BRANCH office does not have any ownership; it is just extension of the exiting company in the foreign country.

ü All the expenses of the BRANCH office are met by the head office, if it does not have the revenue from Indian operations.

CALL NOW or wharsapp Now at : 9818092002 

ELIGIBILITY GUIDELINES FOR SETTING UP A BRANCH OFFICE REGISTRATION IN INDIA :

    • The company looking to start a Branch office in India shall have a profitable track record during immediately preceding five years in the home country.
    • The Net Worth i.e total of paid-up capital and free reserves, less intangible assets as per the latest Audited Balance Sheet or Account Statement certified by a Certified Public Accountant or any Registered Accounts Practitioner by whatever name shall be not less than or equal to amount specified by Reserve Bank of India

EIGHT ACTIVITIES ARE PERMITTED TO BRANCH OFFICE TO UNDERTAKE:

      • Export/Import of goods
      • Rendering professional or consultancy services.
      • Carrying out research work, in which the parent company is engaged.
      • Promoting technical or financial collaborations between Indian companies and parent or overseas group company.
      • Representing the parent company in India and acting as buying/selling agent in India.
      • Rendering services in Information Technology and development of software in India.
      • Rendering technical support to the products supplied by parent/group companies.
      • Foreign Airline/shipping Company.
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