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A one person company (OPC) can be lawfully converted into a public or private limited company, voluntarily or mandatorily.
COMPULSORY CONVERSION
An OPC shall be compulsorily required to convert itself into a public or private limited company, if:
There are many businesses that work only for packaging and marketing, where the manufacturers of those products are different. One can obtain trademark for branding even if the business is not to manufacture the products. The business needs to choose the correct class based on the activity concerned, as prescribed by the Registry. If one carries on business of trading and not manufacturing then he can take the trademark in class 35.
With GST core field amendments, change in legal name is possible. For Amendment of Core Fields, one has to follow below mentioned steps:
After due verification, the application can either be approved or rejected. On approval, the details will be updated accordingly in the system and the registration details will stand amended.
Yes, a sole proprietorship firm can apply for an MSME registration, subject to eligibility criteria prescribed for registration under micro, small or medium categories. Further, there are certain categories of activities that are not registrable under MSME. The applicant must check the same before proceeding for registration.
If you fall under MSME Registration criteria, submit your application along with following documents:
From drafting of Partnership deed to its registration, whole process may take more than 12 – 15 days. As the registration process differs from State to State, we cannot provide exact period but this is the tentative time consumed.
For registration of Partnership Firm, an application with the prescribed fees is submitted to the Registrar of Firms (RoF) of the concerned State in which the partnership is formed.
The following documents are also required to be submitted along with the application:-
Trademark is the Intellectual Property which is like any other asset which can be freely transferred. Through Trademark Assignment one can change the ownership of the Trademark by entering into the Agreement in which one can sell it with goodwill or without goodwill.
What is called Dissolution of Partnership Firm?
The complete breakdown of the relation of Partnership between all the partners is known as Dissolution of Partnership Firm.
Process for Dissolution of Partnership Firm:
The easier way to dissolve Partnership Firm is by way of entering into agreement with consent of all the Partners. There are some modes prescribed to dissolve the Partnership Firm such as,
One can see the documents and forms related to Company and LLP on MCA portal with their login credentials. But only public documents can be viewed. With facility of “View Public Documents”, one can pay the fees of Rs. 100/- and can search the documents within given time. The validity period for online search is only 3 hours.
There is no such separate registration process and rules given under any act for Sole Proprietorship Firm in India. However, there are few mandates given under other Acts or Law in India which requires the registration of the Business. As you have a website where we suppose that you are doing an online business, GST Registration is compulsory for the business, which can be easily obtained in the name of the Sole Proprietorship Firm.
Incorporation of Private Limited Company in India is a centralized process which has been simplified and made online by the Government to promote more entrepreneurs across the country. The process of a private limited company registration is mentioned below in brief:
