setupfilings Bhandup West, Mumbai, Maharashtra

A trademark may be a visual representation of a reputation, word, label, device or numeric characters utilized by a business to differentiate its goods and/ or services from other similar goods and services from a special business. A trademark works as an exclusive identity of the products and/ or services that an individual is offering/ selling from other such goods/ services.  

MSME (Micro Small Medium Enterprises), which was also called has Udyog Aadhar can be registered under the ministry of Micro, small medium Enterprises a branch of government of India. MSME was introduced in year 2006.  

  ISO (International Organization for standardization) as it names itself implies it is an independent, Non-government international organization that develops standards like ISO 9001, ISO 37001, ISO 31000, ISO 27001, ISO 13485, etc. In terms of efficiency of product and services, safety, quality, provided by the Business.

IEC (Import export code) is required to entities wish to start import export business in India. IEC is required by anyone looking to start quick import/export business in India. IEC code is issued by (DGFT) (Director General of Foreign Trade) under ministry of commerce and industries government of India. Anyone cannot import or export goods without IEC code. IEC code is a 10-digit number with lifetime validity we do not have to renew it but we can update our IEC certificate. Importer or exporter cannot avail benefits of government scheme with IEC code registration.  

The Goods and Services Tax or GST is an tax which has replaced most of the indirect taxes in India like the VAT, excise duty, services tax, etc. the products and repair Tax Act came into effect on 1st July 2017. GST is levied on the availability of products and services. it’s a comprehensive, multi-stage, destination-based tax that’s levied on every value addition. The GST law is applicable all across India.  

Now online company registration with setupfilings is very easy and quick. Setupfilings is one of the best and trusted online platform where you can form your company without any hassle. Registering a private limited company is highly recommended form of entity to start business in India and held to run small business privately. Private limited company registered under companies Act 2013. Private limited can have minimum 2 members and maximum 50 members. This type of entity limits liability of owner liability to their shareholding in company. Directors also have limited liability to their creditors and in case of default Bank or creditors are allowed to sell the property of company for their recovery.