Posts

Showing posts from April, 2017

What is the Steps Involved in Registering a Trademark in India?

Image
This Post we give you a brief on what is Trademark, its meaning, requirement, meaning of register a trademark, step wise process of registration of trade mark, time duration, charges, information and documents required for registration. What are Trademark and its Importance.? If you're starting a new venture, business or trade, a logo, name or signature is the first thing you choose to separate yourself from others. A "trademark" is that symbol you will use to do so. Registering a trademark is a legal procedure provided for under the Trade Marks Act, 1999. For getting a brand protected under the provisions of the trademark law one has to get one's brand registered Benefits of Register a Trademark India: It creates prima facie evidence as to ownership of the mark and makes it easy to stop your competitors or third party from using similar or deceptive name. It helps to identify goods or services of one seller and distinguish them from good or serv

What is Import Export Code and Why You Need it for Your Business

Image
IEC which stands for Import Export Code is important for any company, because without the IEC any exports and import can be done within or outside India. What is Import Export Code (IEC)? Import export code (IEC) is used by importers and exporters in India for clearing their goods from customs authority or by services providers for export of services from India to foreign countries. IEC is issued by DGFT in India. It is a unique 10 digit number which is allotted on filling an online application in form ANF-2A with any regional office of DGFT. As soon as a business starts operating worldwide, there are many additional factors which can have a huge impact on its success. Exporting and importing goods is the primary of any large, successful business; it also helps national economies growth and growth of business. Some of the Benefits of the Import and Export Business are:- For Import Business Introduction of New Product in the Market: Many businesses in India and China tend t

Steps to Incorporate One Person Company in India

Image
Companies Act, 2013 has opened the corporate door for the individuals who have all the entrepreneurial expertise and always wanted to have their own company by the new concept of "One Person Company". DEFINITION of OPC in India :- Section 2(62) of the Companies Act, 2013 defines OPC to mean a Company which has only one person as a member. It can have only one member at any point of time. It may have only one director and can however appoint more than 15 directors after passing a special resolution. As per section 3(1) and (2), OPC can only be incorporated as a private limited company. Such a company may either be: A company limited by shares; or A company limited by guarantee; or An unlimited company The words ''One Person Company'' is required to be mentioned in brackets below the name of such company, wherever its name is printed, affixed or engraved. Eligibility for Incorporation and Nominee Member As per Rule 3(1) of the Companie