For Company formation India, it is first necessary to obtain a registered name for which they have to submit the application to the registrar for checking the availability or similarity to a previously registered name. With the application they also have to submit alternative names in the order of priority in case of the rejection of the proposed name. Once the registrar is satisfied then the name is registered.
A Company Formation India also leads to several advantages, like, the company can buy, sell and hold property in its own name, can sue and get sued in the law of Court without personal involvement of directors, Ownership of the company is easily transferable. there is no liability of its member as it is a separate entity, the company can have a common seal.
MSME Registration in India
MSME Registration India is also advisable and also leads to several benefits under various laws in India. Presently the MSME industries are divided into two categories: Manufacturing and services. The classification of these industries are based on the amount of investment made into the enterprise. However, an amendment is proposed to be made in this regard which would remove the difference between manufacturing and service sector. This amendment would also include an additional criteria of turnover of the enterprises.
There are various benefits of MSME Registration India,
like, Collateral free loans, reduced trademark and patent filing fee, tax
incentives, bank loans can also be availed at very low interest rates, special
government tenders, etc.
For more information about trademark infringement, trademark search, trademark registration, brand registration, patent registration in india. Contact us for company formation at https://ssrana.in/
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