Udyog Aadhaar Registration

Udyog Aadhaar is the registration number for Micro, Small & Medium Enterprises. Udyog Aadhaar replaced the SSI registration, wherein registration was a complex task. Getting registration under Udyog Aadhaar is a simple and easy process.

Is registration under Udyog Aadhaar mandatory

No, registration under Udyog Aadhaar is optional

Who is eligible to get registered under Udyog Aadhaar

Micro, Small and Medium enterprises are eligible to get registered under Udyog Aadhaar Continue reading

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Import Export Code

Import Export Code (IEC or IE Code) is mandatory for carrying out import/export business. IE Code is issued by the Directorate General of Foreign Trade (DGFT) and it will be the same as that of the PAN of the applicant. There will not be any new number for carrying out import or export transactions. IEC is necessary for availing benefits offered to the exporters.

What are the documents required for applying Import Export Code (IEC)

For Proprietorship

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Register Exporting Company in Kerala

Business of exporting goods or rendering services abroad from India aids economic development of the country due to the inflow of foreign currency. Identification of market and selection of quality products are the essential factors for export business. Government of India, in order to promote export, provide incentives in various forms for exporters. For example, exports are exempted from goods and services tax and the tax paid on the inputs used for manufacturing goods are eligible for refund. An exporter can get further benefit, from exchange rate fluctuations too.

You may export Spices, Sea foods, Garments, Gems, precious metals, Pharmaceuticals, electronic products etc. Continue reading

Money Lending and License under KMLA, 1958

If proper precautions are made, Money lending is flourishing business. It’s a process in which, money is lend against a security. Security may be land, building, gold, guarantee etc. Among these, gold loan offers a distinct advantage to the money lender, because in this situation the money lender is in possession of the security itself i.e. gold.

Money lending business is subject to strict regulations, and adherence with applicable laws are necessary. One of the pre-requisite for conducting money lending business is the license for carrying money lending business under respective state law. Once issued, the money lender shall comply with regulations of the act. Continue reading

Striking off Private Company

You own a private company, and it is inoperative due to some reasons or desires to close a loss making company. Closing of a inoperative business is also a business strategy. The resources tied up in a loss making or inoperative company can be utilized in alternate investment/business which possess growth prospects.
A company may be required to close down due to the following reasons

  • Not able to achieve the targeted business
  • Finding out a better viable business
  • Inoperative company etc.

You can make application to registrar of companies to strike off your company from the register of companies. Strike off is the easy route under which a private company can be closed down and save your company from further legal compliances and costs. Continue reading

Registration of Charitable Society

Charitable Societies in Kerala are registered under Societies Registration Act, 1980 or Travancore Cochin Literary Scientific and Charitable Societies Registration Act, 1955. In Travancore Region, Societies are registered under Travancore Cochin Literary Scientific and Charitable Societies Registration Act, 1955 and in Malabar Region, societies are registered under Societies Registration Act, 1980. This article is primarily based on Travancore Region. The procedural formalities are almost same. Continue reading

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Trademark Registration

Trade mark” means a mark capable of being represented graphically and which is capable of distinguishing the goods or services of one person from those of others. Trademark can be a logo, brand name, heading, label, ticket, name, signature, word, letter, numeral, shape of goods, packaging or combination of colours or any combination thereof.

Trademark registration secures your business identity from improper use by third parties. Trademark Registration gives you exclusive right to use it.

 

How to register for trademark

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Company Registration Process in Kerala

Company Registration Process in Kerala is a simple process. Initiative under ease of doing business has made the entire registration process as an easy task.

Now a company can be incorporated even in one day. Company can be registered within 24 hours of filing the application for registration of the company. However, preparation and arranging the required documents to make application for registration of your company may take few days. Continue reading

Project Report for NDPREM Loan

NORKA has launched a rehabilitation package called NORKA DEPARTMENT PROJECT FOR RETURN EMIGRANTS [NDPREM] under which financial assistance is granted to emigrants who have entrepreneurial interests in setting up their own business.

Main feature of this scheme is the subsidy provided for capital and interest rate.

Eligibility criteria to get loan under NDPREM

Emigrant shall have worked abroad for at least two years Continue reading

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