As a business holder, it is crucial to comply with the laws and regulations and ensure the protection of your business. Seek professional legal assistance with our specialized legal team and enhance the credibility of your brand with its obedience to the rules and regulations.
1140
Trademark Reg.
651
Company Reg.
1465
MSME/GST Reg.
Let us understand the crucial legal registrations that can help your brand comply with the laws and regulations and mark its existence in the marketplace.
A business has to be registered to conduct business operations in India. One can register their company at the Registrar of Companies (RoC). The company registration certifies the business as a separate entity from its owners and builds reliability and professionalism. There are 7 types of company registrations in India, mentioned below.
Registering the trademark for your brand name becomes crucial to protect the brand identity from theft or misuse. It assists in differentiating the products or services of one company from those of another. A trademark may consist of a word, phrase, symbol, design, or any combination thereof. A brand can set up its marketplace brand and differentiate itself from rivals by employing a trademark that is both distinctive and unique.
Copyright safeguards the unique creative representations linked to a brand, including artwork, slogans, and literary pieces. The copyright for a work is usually held by its creator, but it can be transferred or assigned to other parties. Copyrighting entails legally safeguarding the distinctiveness of a brand, which encompasses an original design or symbol that identifies a person, company, or brand.
It's not a mandatory step, but it can provide several benefits to small and medium businesses. Also known as the Udyam Registration Certificate, one can obtain MSME certifications from the Ministry of MSME. It helps businesses access privileges like tax exemptions, subsidies, delayed payment protections, or even collateral-free loans. The certificate holds a lifetime validity.
GST certification is important to display the business obligation with the GST regime. It is a mandatory step that shows the business operates under the applicable GST law. The applicant will receive a GST application number, the business details, and the date of the registration, which will be valid for 1 year. A GST number can also help businesses benefit from various government schemes and subsidies.
ISO Certifications are issued by external certification bodies and are regulated by the International Organization for Standardization. ISO certificate ensures the business follows the international set standards and helps them improve their efficiency and process. Further, it can help build credibility of the business and demonstrate the brand's commitment to quality.
FSSAI (Food Safety and Standards Authority of India) Certificates are issued for food businesses. Without it, no business can manufacture, distribute, or store food-related products in India. It is an industry-specific license that showcases the business meets certain health and safety standards and is permitted to sell food products in the market. The FSSAI marks on product packaging can build trust and confidence amongst the customers.
An initiative by the Government of India to promote startup growth, the scheme allows new entrants in the business to benefit from financial and infrastructural assistance. The individuals applying for the certificate must be over 18 years of age. The business should comply with the legal requirements and contain a bank account in the business name. It can help the startups exempt taxes on long-term capital gains and access to government schemes.
The legal certifications play an important role in securing the brand identity and establishing the brand's existence. Some major benefits of obtaining legal credentials include:
By registering your business with the registrar, you can secure your brand name and brand image from being copied by competitors. Safeguarding intellectual property can ultimately impact business growth.
Compliance certificates ensure companies meet their legal obligations and comply with the government regulatory bodies. Some certificates are mandatory, while others' significance varies depending on the nature of the business.
Legal certificates can help a brand build credibility amongst the audience and display itself as a genuine and reliable entity operating in the market. It also helps businesses comply with international regulatory bodies.
Obtaining legal certificates can help businesses improve their goodwill and exhibit a professional image in the marketplace. It can help a business appear knowledgeable and have expertise in its field.
When you decide to establish a new business, make sure to apply for Company Registration, GST Number, and Industry Specific Licenses. While these registrations are mandatory, don't forget to apply for non-mandatory yet essential legal certificates.
If you do not apply for legal certificates, your company will be considered non-compliant with government rules and regulations. You will face trouble operating your business and could face repercussions like legal penalties, inability to open bank accounts or problems with government contracts.
Some industries require a specific certification that ensures compliance with certain rules and standards followed for that particular business category. Some common examples of such certifications are FSSAI, Drug License, or GMP Certifications.
It depends on the nature of your business. If the business is dealing with food items, then it becomes crucial to register for an FSSAI License. It allows the brands to use the FSSAI mark on their products, which eventually builds trust and creates brand reliability.
Unboxfame could be your one-stop solution for applying all the necessary legal certificates. Our experienced legal team can guide you through all sorts of tedious registration processes and avail all the important legal certificates that are essential for the establishment of your brand.
While most of the documents mentioned below are crucial while registering for a company at the registrar, you must also consult a legal expert and verify the complete list. Here is a list of some documents that you should be prepared with while registering your company.
This document acts as a blueprint of the company's objectives, structure, and liabilities.
It contains the rules related to the internal functioning of the company and how the company operates.
It could be any utility bill or rental agreement registered with the office address.
Identity proof is required for all directors and shareholders and can include any document like an Aadhar Card, PAN Card, or Driving License.
While filing the incorporation documents, DSC is important to be submitted to the registrar.
The unique DIN assigned to the directors of the company will be required for company registration.
There has been a surge in the new entrants in the business world in India. While the competition is rising, it also becomes pivotal for companies to stand out in terms of brand identity and protect themselves legally. We at Unboxfame could be a one-stop solution to support you in walking through a hassle-free process of ticking the legal check marks and ensuring legal cover for your business. Consult with our in-house legal professionals and kick-start your business endeavors with high spirits.
