Trade mark in simple words means registering your logo/name/symbol that represents your business. One you get your trade mark registration is done with government, it becomes your intellectual property. It is company recognition on ownership of the brand. Trademarks are often noted by way of ™, or ® if registered. The owner gets the right to exclusive use of the trademark in respect of the goods or services its business provides. A registered trademark can be pledged as a security to secure loan facilities. Trademark is an intangible asset thus can be sold, licensed or assigned.
The OPC Registration has separate legal entity from its owners which safeguard the owner from being sued in case of any legal controversy. Also, the owner's assets will not be utilized to pay off the company's debts. Since in OPC registration, only one person is the sole owner of the company, making the decision is a lot easier and faster. Also, the owner can appoint directors for his help without giving any share to them.
An OPC registration will be required to confirm to the procurements relevant to private limited company registration, but it will also get the benefit of various exclusions, and therefore there is less compliance burden over the OPC. Only a resolution might be conveyed and entered in the minute book (with date and sign), and such a date should be considered the date of the meeting.
Registering a company gives a brand image to business compared to running a business as a sole proprietor. Generally, large business firms prefer to deal with companies instead of sole proprietor firms. There might be a requirement of tender or job work, which can be applied only by the company.
All financial institutions prefer to lend money to any company registration instead of proprietary firms. The features of transparency and perpetual succession of the company give it benefits over any other business form. The company registration has better governance, which provides more comfort to all the financial institutions.
✔ Minimum 1 Shareholder
✔ Minimum 1 Director
✔ Minimum 1 Nominee
✔ Only Indian residents can be Shareholder
✔ Minimum Authorised Share Capital to be Re.1
✔ Only Indian residents can be Nominee
✔ Directors & shareholders can be same person
✔ Minimum 1 Director must be Indian Resident
✔ DSC (Digital Signature Certificate) for director and shareholder
Name of one person company registration is a crucial step for new company registration. Two proposed names in order of preference, objective/purpose of business activity along with statutory fees are submitted to MCA. The proposed name should be unique and shouldn’t have punctuation marks. In case MCA has any observation then the form comes for resubmission, and in case of more than one resubmission, statutory fees is to be paid again. Once the name is approved, it is valid for 20 days (including weekends or other holidays), and all other formalities must be completed within this period.
Digital Signature is an online signature used for filing documents online. Digital Signature Certificate (DSC) is required for all shareholder and director for One Person company registration. It can be applied in parallel with applying for name approval as there is no DSC requirement in the name application. If the director or shareholder of the One Person Company registration already has DSC, this step can be skipped.
After getting DSC and name approval, the next step is to file forms- Spice + Part, Agile Pro, Spice MOA, Spice AOA, and INC 22 forms with MCA. These forms consist of information regarding registered office, authorised, paid-up capital, shareholding pattern, directors, shareholders details such as an address, education qualification, etc. Some of this information is required to be supported required proof like rent/title deed of registered office, PAN card, indentity proof, resident proof etc.
After submitting all the documents and getting verified by the Registrar of Companies (ROC), you will receive a Certificate of Incorporation within 7-12 days. This certificate of incorporation will act as a birth certificate for your company registration, and the company registration process ends here. The certificate of incorporation consist of company name, registered address, 21 digits alpha-numeric number Corporate Identity Number (CIN) approved by MCA and notified on the registered companies.
After getting the Incorporation certificate, a bank account needs to be opened in the name of your company. One needs to submit an incorporation certificate, MOA, AOA and other necessary documents required by the bank. Before the commencement of business, proposed paid-up capital must be deposited with the bank, and INC-20A needs to be filled with MCA to get the certificate of commencement.
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The mark 'TM' is just an indication that you are using the mark or the name as your trade name of the product. To protect the interest and claim the prior use in Trade Mark, generally people in India using 'TM' from the date of filing an application for the registration of Trademark till its registration. Trade Mark Act, 1999 does not provide any provision for using 'TM'. But American Trade Mark Laws do provide for the same. It is suggestible to use 'TM' to establish your prior right over the product trade name. Contact us Now.
Applications are filed on same day of receiving required documents. It takes 2-3 days to get acknowledgment from department regarding application.
Once registered, a trademark is protected for 10 years starting from the registration date, assuming that the trademark is not subsequently invalidated or cancelled. Protection can be renewed for further 10-year periods
There is well established legal mechanism, where we can file against object. In most of cases it can be done online but in few cases we may need to pay visit to relevant office.
Individuals and MSME registered entities need to pay Rs 4,500 as a government fees, whereas corporate entities like Pvt ltd and LLP's need to pay Rs 9,000.
No way! you will pay our fee, and then the only other fee that you are required to pay is the government filing fee.