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All organisations of a particular industry may not necessarily be registered as a Company under Indian Companies Act, 2013. The private hospitals may be registered as Private or Public Companies or as Section 8 Company but not necessarily all. The test whether an entity is registered under Companies Act is its registered name and CIN (Corporate Identification Number). A Private Company must contain "Private Limited Company" at the end of its name and similarly a Public Company's name shall contain "Limited Company" or "Public Limited Company" at its end. The ambiguity may arise here if the entity, say hospital, is registered as Section 8 Company for charitable purpose. These companies are exempted to put "Private Limited" or "Limited" at the end of name. Thus, you may check if any company with same name is registered with Ministry of Corporate Affairs (MCA), the regulatory body. You may check the company details and CIN at following link: http://www.mca.gov.in/mcafoporta... Feel free to drop your query in comment box or drop an e-mail at support@legalwiz.in. Visit us at https://www.legalwiz.in

Small and medium enterprises are the backbone of the Indian Economy. MSME stands for Micro, Small and Medium Enterprises. MSME Department is a department of Central Government, established under The Micro, Small and Medium Enterprises Development Act, 2006. The Act was enforced with a view to promote the small scale Businesses and provide the benefits those are available to large scale Businesses through providing various subsidies, incentives and schemes. SSI/MSME Registration is mostly recommended in order to claim various benefits. Below mentioned are the benefits and incentives availed to MSM Establishments registered under the Act: Subsidised Rates of Loan: The availability of Finance is easy and at lower cost. The banks tend to provide loans on lower rate of interest to the MSME. Preference for Government Tenders is also availed based on the registration certificate under MSME. Benefit for Trademark Application: The entities registered having MSME Department can avail rebate of 50% on Government Fees for Trademark Registration Application. The fees prescribed for Companies, LLP, Partnership Firm, etc. is Rs 9,000/-, for which rebate can be claimed based on MSME Certificate. Protection against delayed payment from Buyers is enjoyed due to this registration. The buyers are liable to make timely payment when accepted. A separate Council "Micro and Small Enterprises Facilitation Council" is established for timely resolution of disputes with the consumers. Following are other miscellaneous benefits and schemes: The Credit Guarantee Fund Scheme for Micro and Small Enterprises Market Development Assistance Scheme for Micro, Small & Medium Enterprises Technology & Quality up gradation Support for MSMEs Government Subsidy for Small Business for Cold Chain Power tariff subsidies, excise exemption regulations, capital investment subsidies, and several other benefits Additionally, there are various other benefits declared by Central Government from time to time wit

Yes, once the Partnership Firm is registered with RoF, any changes to business structure or Partnership Deed must be registered with the concerned RoF. If you need help with this, feel free to visit us at https://www.legalwiz.in/change-i.... For urgent assistance, call us at 1800 313 4151 or drop an e-mail at support@legalwiz.in.

To register your business in organised form, there are number of options to such as Private Limited Company, LLP, One Person Company, Partnership Firm, etc. based on the requirements and strategy of the business. Considering Private Limited Company as most popular organisation structure, the process is prescribed below in 4 simple steps: Application of DSC for Directors Reservation of Name under which company will carry on its business Drafting of necessary Documents and their execution Application for registration and PAN and TAN There are number of aspects one has to look into before stepping for registration. Recommended is to also look into the post registration aspects of the business including the organisation specific and industry specific. Referred read: All you need to know for registering a company Post registration checklist for private limited company For personalised assistance, reach us on call at 1800 313 4151 or drop an e-mail at support@legalwiz.in. Visit us at https://www.legalwiz.in

The registration of Partnership Firm is voluntary as provided under Indian Partnership Act, 1932. However, the registration allows higher creditability along with the ease of expansion or conversion of business at future date. The Partnership Firm is registered with the Registrar of Firm (RoF). Here, the registration procedure varies from state to state along with time for issuing registration certificate. To register a partnership firm in Maharashtra, following documents are required to be submitted: PAN card copy of Partners Address Proof of Partners Original Partnership Deed signed by all the Partners Form No. 1 (Application for registration under Partnership Act) Affidavit declaring intention to become partner Rental or lease agreement of the Business Place Utility Bill as address proof of Business Place Any other documents, as required by the registrar. You can refer to our blog "Registered Partnership Firm: Procedure & Benefits of Registration" for details on same. You may contact LegalWiz.in for any further clarification and Incorporation of the Company. To make the process simple, affordable and hassle-free, please contact us at 8980685509 or drop an e-mail at support@legalwiz.in for consultation with experienced professionals.

Application for trademark registration can also be made online with the help of Trademark Attorney. To file an application online, the attorney, being lawyer or CS must obtain Class 3 DSC and register on the portal. Where an offline application can be filed without help of attorney, it is recommended to consult an attorney before filing an application, as they are more aware and near to the applicable provisions, and help in trademark search and application drafting. If you need assistance for filing trademark registration application, reach us on call 1800 313 4151 or drop an e-mail at support@legalwiz.in. For more details regarding Online Trademark Application, visit us at https://www.legalwiz.in/trademar.... Related: Trademark Registration Procedure & Process in India

No, there is no provision for extension of due date for filing for reasons such as availability of DSC. One needs to file the form on or before the due date to avoid the penalty. Extensions for Annual Compliance Filing are provided by MCA itself by notices, but not for such reason of DSC. DSCs can be procured in single day by providing required documents. Call us at 1800 313 4151 or drop an e-mail at support@legalwiz.in for assistance regarding Annual Compliance of LLP

The respective amendment in the provision states that the annual compliance forms shall be filed for a period up to which commercial transactions are undertaken. According to said provision, if the LLP has not carried on any business for a particular financial year, it does not require to file the forms for annual compliance. However, during the incorporation process, the Registrar demands to file the returns and to fulfil all the requirements. Therefore, rather than avoiding the requirements when it's due, it is recommended to file the forms on time. For any assistance required, feel free to drop us an e-mail at support@legalwiz.in or call us at 1800 313 4151.

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7 Elements You Should Consider - For A Successful Business Plan Find out why startups go bankrupt Whether you are thinking of setting up a startup or wanting to grow your business, you need tips for a successful business plan. Here are some of the marketing elements you need to plan, which will help you increase your customer base for 2019. 1. To really know your target customer 2. Traditional marketing methods 3. Provide personalized products with your company logo. 4. Participate in fairs and exhibitions 5. Promoted advertising (PPC) - pay per click 6. Give your customers something for free. 7. E-mail marketing A study by CB Insights this year showed the reasons why some startups fail They did not have the right market for the business, or the synchronization was inappropriate As can be seen from the list presented, 42% of the interviewed companies failed because the business did not have the right market. Here is the testimony of an interviewee: "I actually realized that we do not have customers, because we did not care, really studied the business. Doctors want more patients, not an efficient office." To build sustained success, founders have, to evaluate each strategy with critical eyes. Synchronization can often be a very important factor. Sync - that is, the time when your business enters the market is inappropriate. They did not identify well-known target customers If customers cannot consume your new solution, in time and in volumes necessary for your business to survive and grow, then the strategy of this solution is not right.

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