MSME Registration Online In Chennai (Micro, Small and Medium Enterprises) Act. is formed by the government for the purpose of promoting Entrepreneurship by providing special benefits to small businesses in the form of incentives and subsidies. These businesses also get loans at a concession rate to set up their businesses. To avail such benefits, the small businesses need to register under MSMEs.

Benefits of MSME Registration Online In Chennai

1. Collateral free loans from banks

2. 50% subsidy on patent registration

3. 1% exemption on interest rate on overdraft

3. Eligible for Industrial Promotion subsidy

4. Eligible for Industrial Promotion subsidy

5. Protection against delayed payments

6. Concession in electricity bills

7. Reimbursement of ISO Certification charge

Are you involved in the food business as a manufacturer/ trader / restaurant? Then you need an FSSAI certificate from the Food Safety and Standards Authority of India (FSSAI).

Any organized food manufacturing or processing or packaging or distributing entity is now required to obtain a FSSAI License before commencing business. The implementation of FSSAI Rules and Regulations are undertaken by the Ministry of Health & Family Welfare, Government of India Approximately 90% of food products have an FSSAI stamp. Only the sea products and the production involving fishermen and farmers are out of the scope of FSSAI.

Documents Required
I) Basic registration

– An identity proof that contains a photograph

– A passport sized photograph

II) State & central license

Proof of address – Import/export code

– A passport sized photograph

– A list of directors or partners

– A certificate of incorporation

– The MoA and AoA of the business

– An identity proof that contains a photograph

– No Objection Certificate from the local municipality

For manufacturing units, besides the above-listed documents, the following are also required:

– The blueprint of warehouse, plant, etc.

– A list of all machinery

– Report of a water test

– List of all food categories

Trademark Registration Online in Chennai is any symbolic expression related to a product or service that differentiate it from others. This could be expressed as a word, photograph, slogan, logo, color, graphic, combination, sound or even smell. However, it is an intellectual property for an entity and an intangible asset and most entities are only looking for a brand name registration or logo registration it is to protect the company’s investment in the brand or symbol.

Trademark Registration Online in Chennai are registered under the Trademark Act, 1999 and registered by the Controller General of Patents Designs and Trademarks, Ministry of Commerce and Industry, Government of India. Trademark enables the trademark owner the right to sue when violation of trademarks occur.

When a trademark is registered, it enables the owners to establish their right to use R symbol, will be valid for 10 years. Registered trademarks can be renewed by filing trademark renewal application for a period of another 10 years.

I) Eligibility & Requirements

Any person or legal entity can file a trademark application in India. There is no requirement for the mark to be used before applying. Hence, a trademark application can be filed under the category of “Mark proposed to be used” if the inventor of the word or mark wants to protect it before advertising the brand.

There is also no requirement for the trademark applicant to be an Indian citizen or Indian business. Hence, any foreign national or foreign entity interested in securing a trademark registration in India can file a trademark application without any other requirements.

Documents Required

1.Logo, if applicable.

2.Identity proof of the trademark owner

3.Incorporation certificate, if company or LLP

4.Address proof

Note: Logo is not mandatory. Word alone can be trademarked.

*If you are a trader employing individuals in your business, you need a Trade License. Carrying out business without a trade license is an offence in India. This is regulated by the Shop & Establishment act that also regulates employees’ working hours, benefits to employees etc.

Trade License is a permission issued by the municipal corporation to run a certain trade on a certain address. It is an official proof of authenticity & also serves as proof that no illegal activities are carried out on the trader’s premises.

Documents Required

Address proof and PAN Copy of Directors / Partners of the Business

Rental Agreement / EB Card for Proof of Business place

Constitution proof of the business in case of Firm / Company

Bank Statement / Cancelled Cheque of the business

A digital signature is the digital equivalent of a handwritten signature or stamped seal but with more security.

A digital signature is used to validate the authenticity and integrity of a message, software or digital document. Digital signatures can provide the added assurance of evidence of origin, identity and status of an electronic document, transaction or message and can acknowledge informed consent by the signer.

A digital signature certificate (DSC) contains information about the user’s name, PIN code, country, email address, date of issuance of the certificate and the name of the certifying authority

Classes of DSC

Class 1 Certificates : Issued to individuals & private subscribers.

Class 2 Certificates : Issued to the director/signatory authorities of the companies for the purpose of e-filing with the Registrar of Companies (ROC). Mandatory for individuals who have to sign manual documents while filing of returns with the ROC.

Class 3 Certificates: Issued to vendors who wish to participate in online tenders/bidding.

The Shops and Establishment Act is a state legislation act and each state has framed its own rules for the Act. The object of this Act is to provide statutory obligation and rights to employees and employers in the unauthorized sector of employment, i.e., shops and establishments. This Act is applicable to all persons employed in an establishment with or without wages, except the members of the employers’ family.

THE RULES IN THE SHOPS AND ESTABLISHMENT ACT
This Act lays down the following rules:

Working hours per day and week.

Guidelines for spread-over, rest interval, opening and closing hours, closed days, national and religious holidays, overtime work.

Employment of children, young persons and women.

Rules for annual leave, maternity leave, sickness and casual leave, etc.

Rules for employment and termination of service.

REGISTRATION OF SHOP / ESTABLISHMENT IS NECESSARY

Under this Act, registration of shop / establishment is necessary within thirty days of commencement of work.

Fifteen days of notice is required to be served before the closing of the establishment State government can exempt, either permanently or for specified period, any establishments from all or any provisions of this Act.

Loan is finance provided by the lender for a stable duration of time and to be repaid in regular installments. The loan is required mainly for purchasing land, machinery or building for establishing a new business or expanding an existing business. In India, the term loans are provided for a certain tenure period based on the project, project financials and other factors. For the approval of loan, a Well Detailed Drafted project report is required.

Business Loan

In order to understand how a business loan works, imagine borrowing the capital to fund a startup or pay for an existing business’s expansion without pledging anything against the borrowed amount. A Business Loan is thus an unsecured loan at an interest rate, giving you access to credit that can be paid back over an agreed time along with the interest, without any security against it

Home Loan

Home loan is a loan disbursed by a bank or financial institution (lender) to an individual specifically for buying a residential property. Here, the lender holds the title of the property until the loan is paid back in full along with interest.

Personal Loan

Consumer loan granted for personal (medical), family (education, vacation), or household (extension, repairs, purchase of air conditioner, computer, refrigerator, etc.) use, as opposed to business or commercial use. Such loans are either unsecured, or secured by the asset purchased or by a co-signer (guarantor). Unsecured loans (called signature loans) are advanced on the basis of the borrower’s credit-history and ability to repay the loan from personal income. Repayment is usually through fixed amount

Installments over a fixed term.