Accounting Plus
GST Registration
Goods and Services Tax (GST) is a consumption tax levied in India on the supply of goods and services. Every Dealer or Service Provider, whose turnover is more than 40 Lakhs is required to register as normal taxable person (Rs. 10 lakhs for North-Eastern States, Himachal Pradesh, J&K and Uttarakhand).
Apart from this every e-Retailer, Importer or Exporter need to mandatory apply for GST Registration without any threshold GST Registration limit.
Govt takes between 5-7 working days to issue GST Registration Certificate.
Accounting Plus
MSME / Udyam Registration
Udyam registration is now mandatory for all MSMEs. It provides multiple benefits to help MSMEs succeed, some of which are: Collateral-free loans from banks and financial institutions and subsidised interest rates. Simplified process of obtaining licences, permits, registrations, and approvals.
Accounting Plus
Professional Tax
Registration of Professional tax in Karnataka is mandatory for the business within 30 days of employing staff and for professionals within 30 days of starting their practice. The professional tax has to be deducted from the salary/wages paid.
Accounting Plus
Importer -Exporter Code
The Importer -Exporter Code (IEC) is a key business identification number which is mandatory for Exports or Imports. IEC Number is granted by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce. No export or import shall be made by any person without obtaining an IEC unless specifically exempted.
Accounting Plus
ESI (Employee State Insurance)
The ESI (Employee State Insurance) registration is given to the employees in India to ensure some security for the employees and their families. This registration is provided under ESIC (Employee State Insurance Corporation). ESIC is an autonomous self-financing body that is controlled by the ESI Act 1948.
Accounting Plus
Trade Mark
A Trademark is a logo or symbol that characterizes your products or services and also differentiate it from other products and services. It not only provides an exclusive right to use the logo but also enjoy benefits of long run business establishment brand reputation and goodwill in the market. Trademark are not registrable If proposed trademark is similar or identical to existing trademark. And also it should not be offensive, general, unreliable etc. Once Trademark Registration is done, you can use TM Word. And after Trademark Registration Approval, you can use R symbol and trademark registration will become valid for next 10 years.
Accounting Plus
Copyright
Safeguarding the Owner: Copyright registration provides copyright owners exclusive rights over their work, encompassing reproduction, distribution, adaptation, dissemination, and translation. Legal Protection: Creators benefit from legal protection, ensuring their work cannot be reproduced without proper authorization.
Accounting Plus
Factory License
Karnataka Factory Registration is mandated by the Factories Act, 1948 to ensure that a factory complies with the stipulated rules and safety guidelines. Upon registering a factory, the Government of Karnataka issues a factory license.
Accounting Plus
FSSAI License
Food license or FSSAI license is granted to all manufacturers, traders, restaurants carrying out any food business which may involve manufacturing or processing. On applying for FSSAI registration, an unique 14-digit licence number is issued which has to be quoted on all food packages.
Accounting Plus
Trust
Trust registration is a process of legalizing the trust deed (a legal contract between the settlor and Trustee) from the registrar of the respective jurisdiction. The Trust serves as a legal medium liable for the lawful distribution of the settlor’s assets among the concerned beneficiaries.
Accounting Plus
Firm
The registration of firms is a compulsory step that needs to be taken by the partners in order to legalise their firm. In simple words, firm registration is the register of firms in the jurisdiction they operate under just like company registration.
Accounting Plus
Company Incopration
A certificate of incorporation is a legal document/license relating to the formation of a company or corporation. It is a license to form a corporation issued by the state government or, in some jurisdictions, by a non-governmental entity/corporation.
Accounting Plus
Association of Persons (AOP)
The AOP is defined under Section 2(31) of the Income Tax Act, 1961, as “an association of two or more persons who join for a common purpose or action and agree to share any profit or loss arising from such activity.” The AOP can be formed either explicitly or implicitly, and it includes partnerships, joint ventures, …
Accounting Plus
Trade License
Trade License is a license or a permit issued by the municipal corporation to allow any individual or business to carry out a particular trade or a business for which it is issued in the given premises.
Accounting Plus
Shop And Establishment
e – Karmika is a facility for Registration and Renewal of Establishments under the Karnataka Shops and Commercial Establishments Act, 1961 ; which is one of the State Labour Laws and Rules being enforced by the Department of Labour, Karnataka.
Accounting Plus
Digital Signature
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Few Examples of physical certificates are drivers’ licenses, passports or membership cards.
