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…
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…
A business can be conducted in either of the following modes Sole Proprietor Partnership Limited Liability Partnership Limited Liability Company Society Trust Among these, sole proprietary business do not requires much compliance’s and registrations in comparison with other modes.
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…
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…
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…
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…
Mudra loan is an initiative aimed to promote small scale business by providing them financial assistance under Pradhan Mantri Mudra Yojana (PMMY). Micro Units Development & Refinance Agency Ltd (MUDRA) was set up by the Government of India (GoI) for developing and refinancing all Micro-enterprises sector by supporting the finance Institutions which are in the…
A startup is term used to identify and promote entrepreneurs in establishing business undertakings. Several benefits/relaxations are offered to startup entities from compliance’s which would have been otherwise applicable to them. Benefits/Relaxations are offered for the initial period of establishment. Exemptions are granted from complying certain provisions of the Companies Act, 2013 such as minimum…
Search Report is an important document used by banks and financial institutions as part of determining the viability of granting financial assistance to the companies. Search reports sets out basic details of the company such as the name of the company, address, members, directors of the company, details of existing loans, assets given as security…