Benefits of MSME Registration

Trade license is taken into account because of the path to managing the precise sort of business from a specific place.

It offers you a singular identity in comparison to other sellers especially once you sell it on online platforms like Amazon, Flipkart, etc.A Legal ProtectionIn case you doubt that your trademark is being copied by anyone else, you'll take up the difficulty legally and sue them if you've got registered your logo, brand name or slogan.Get Your Unique IdentityCustomers will identify a particular product or service only with the brand.

Registering a trademark ensures that competitors won't use it and hence it remains as a company’s unique asset.An AssetThe trademark can be a valuable asset in case your brand creates a name and succeeds.

It can be commercially contracted, sold, and franchised.Global Filing Of TrademarkA trademark that is registered and filed in India also can be filed in other countries outside India.

Soon, you receive the confirmation of the appliance, and you'll get the proper to use the ™ symbol.While filing for the trademark registration, the documents you would like to supply are as follows:Applicant’s nameBusiness typeBusiness objectivesBrand/logo/slogan nameRegistration addressIdentity And Business ProofsThe trademark owner or the person who is authorized by the trademark owner needs to submit their identity proof.

It can be your Aadhar card, driving license, passport, ration card, or voter’s id.Using Logo With TaglineIf a trademark application is formed for a tagline with only words there's no need for a logo.

MSME (Micro, Medium, and Small Enterprises) account for more than a third of India's GDP and employ over 110 million people.

Small businesses, on the other hand, are particularly vulnerable to financial instability during economic downturns, when demand falls and the business cycle slows.

The government has revamped Udyog Aadhaar into the new Udyam registration scheme in order to bring India's SMEs together under one roof and provide them a variety of benefits.You can apply for the Udyam registration system, which is a new online registration scheme if you operate a small business.

Any organization that falls within the MSME category is eligible to register.EligibilityEach MSME category has a single investment and turnover-based eligibility requirement.

Microbusinesses must invest less than Rs 1 crore and generate less than Rs 5 crore in revenue.Small businesses must have a turnover of less than Rs.50 crores and an investment of less than Rs.10 crores.Medium-sized businesses must invest less than Rs.50 crores and have a turnover of less than Rs.250 crores.

If your company meets any of the two requirements, it will automatically be assigned to the higher category.

Anurag Rathod is an Editor of Appclonescript.com, who is passionate for app-based startup solutions and on-demand business ideas.

On paper, surviving one year in the business world doesn’t sound like something that hard, nonetheless, if this is your first year of running a startup, things may be much more complex.

Five startup tips that will help you get through this

The first hazard that you have to avert in order to survive is ensuring that you, yourself, are able to handle it.

As a first-time entrepreneur, chances are that you won’t know your limitations.

If there’s a specific one that requires a particular skill or experience you don’t have, you need to focus on this as well.

Startups are actively developing and obtain good investments.

It is of high importance to dispose money properly and turn a small company into a company of world renown.

It was founded in 2003 by Joshua Schachter.

We have created a tool that will help you with it.

The main reasons are errors in decision making of Yahoo management and competitors active actions.

However, in the first half of 2017 its founder, Dan McComas, stated in his blog: “Unfortunately, we were not able to find our place in the market.

Maybe it’s a good thing that we can’t

There is however, one mindset out there which could provide positive learning to all of us from businessmen to babysitters; and it’s especially useful to an online business owner.

Let’s analyze what goes on in the mind of a startup company’s founder/s and look for our learnings there.

For this reason, the founder/s must be steadfast believers and unerring in their opinions of their product or service.

Founders find themselves faced with problems from the onset including doubt, bankruptcy, and loneliness working as a sole proprietor or partner in a business.

However, by their very nature, they are often of a personality type which is optimistic, open to new ideas, constant racing thoughts and invariably – little need for sleep!

MSME Registration process and benefits details are updated onMSMEstory.

According to the Trademark Act 1999,the validity of Trademark is 10 years,after which it has to be renewed with renewal charges if the applicant wants to extend the validation.The period of validity (10 years) may vary according to the state.Renewal After the validity of trademark,if the applicant needs to extend the trademark he/she should renew the application.The renewal request should be submitted before 6 months of the end of validity.There will be a notification from the registrar of trademarks reminding you to renew.The notification letter will specify the conditions of the termination & charges for renewal.If the renewal is not done then the trademark will be removed from the official Trademark Register, called Trademark Journal.Fro renewal,a TM-R should be filed.An authorised agent/body can do this without the applicant to be involved.There are two opportunities for renewal: Application for renewal without any changesApplication for renewal with changes and alteration to any sign or words in the existing trademark.

The renewal application for a trademark is made in the TM-12 form.

Even though the applicant itself can do the procedure it is advised to consult an expert for the process.Once the application is approved the trademark will be published again & will be noted in the official Trademark Journal.This will provide the owner further trademark rights for the regional validity time to his/her intellectual property.ProceduresRenewal can be an online procedure(e-filing) or an offline procedure (in-person).

Trademarks can be renewed or restored.Renewal charges:MSME and individual startups - Rs 5000 ( offline / in-person )                      - Rs 4500 ( online / e-filing )Under section 25 for each class - Rs 10,000 ( offline / in-person ) -Rs 9000 ( online / e-filing )Most people prefer online filing due to :   Quick and faster renewal than in-personConvenient filing with easy stepsRegular online tracking of your trademark status Missed out DeadlineEven Though you missed out to file before the deadline,you will have an option to apply after 6 months of expiry adding up a late filing fee.The period of validity can be extended by paying extra charge.This will vary according to your consultant.So its important to approach the right expert for the process.