Business

To increase openness and ease of doing business, the Department for Promotion of Industry and Internal Trade (DPITT) has unveiled an improved DPITT G2B Portal.

What is an IEM Registration?

An industrial unit’s request for recognition is made in the IEM (Industrial Entrepreneurs Memorandum). Industrial undertakings that are exempt from the Industries Development and Regulation Act’s industrial licensing requirements must submit information important to the establishment of industries through the Industrial Entrepreneur Memorandum.

The DPITT has announced that business owners can now submit online applications for Industrial Entrepreneur Memorandum-Part A and Part B through its enhanced webpage.

Documents are needed to apply for an IEM license.

The following documents must be uploaded online by the entrepreneur in order to obtain the Industrial Entrepreneur Memorandum:

1. Documents required Part 1
   ● Declaration of Incorporation
   ● MOA (Memorandum of Association) (Memorandum of Association)
   ● Association Bylaws
2. Documents required for Part 2
   ● IEM Acknowledgement Certificate from Part 1

What is Part 1 and Part 2 of IEM?

Industrial Entrepreneur Memorandum is in Two Sections,

Part 1: For Business

Exempted industrial undertakings, such as current units that are significantly expanding, are required to submit and be approved by an Industrial Entrepreneur Memorandum (IEM) in Part ‘A’ to the Department of Industrial Policy & Promotion, Government of India.

Part 2: Commercial Production

The company must file Part B as soon as commercial production starts.

The start of commercial production must be reported by all industrial undertakings that submitted IEM Part A. A copy of the IEM Part-A Acknowledgement needs to be posted along with this information when it is submitted on the G2B portal. This can also be done electronically using the G2B portal by uploading information in the format required by IEM Part B.

Similar to IEM’s “Part A” Acknowledgement, the Department also releases “Part B” Acknowledgements through the portal, with a hard copy being mailed.

Eligibility requirements for industrial entrepreneurs

Large-scale industries with investments of more than INR 10 crore in the manufacturing sector and more than INR 5 crore in the service sector are primarily exempt from licensing requirements and must submit an application for an Industrial Entrepreneurs Memorandum (IEM).

Process for IEM

● To apply for the IEM, go to the DPITT G2B portal and click the Register button on the home page.
● Complete the necessary fields in the user registration form, then press the Proceed button.
● The user must enter all the data linked to the username and password once the application page has been opened.
● When you agree to the terms and conditions, an OTP will be sent to the registered mobile number and email address.
● After the OTP is entered, the user ID will be generated. After properly registering, the business owner can log in to the software using their Username and Password.
● To apply for the IEM process, go for the “Industrial Entrepreneur Memorandum (IEM)“.
● Part A and Part B will be the two portions.
● Assuming the data is accurate, click the next button to enter details about the planned manufactured good as well as the current and future rupee investments.
● After successfully submitting the required papers, the entrepreneur is required to pay the application cost.
● The “Payment” option will display after the form has been submitted, and the business owner must choose “Pay Now.” Enter the details of your credit card to complete the transaction.
● Any applications filed via the G2B portal of the DPITT will be examined under the “IEM Section” for things:
○ Incorporation certificate.
○ The memorandum of articles.
○ The articles of association
○ and codes related to the NIC and administrative ministry/department.
● The Department sends IEM acknowledgments via the G2B portal, and once the verification is finished and determined to be accurate, a hard copy IEM acknowledgment will be sent by mail.
● The entrepreneurs must submit an application for Part B of IEM after their application is approved.
● Log in to the portal, select Part B of the IEM Application, and complete Part B’s mandatory fields with the necessary data.
● Once all the required information has been entered, upload the IEM Acknowledgement of Part A and click the Final Submit button to submit the form.
● When you submit the form, the IEM Part-B Commencement of Production Return Summary will show up.
● Under the “IEM Section,” the application that was submitted via the DPITT G2B portal will be examined and confirmed.
● After verification is complete and deemed to be accurate, the Department issues IEM Part-B acknowledgments via the G2B portal, and a hard copy IEM acknowledgment is sent by mail.

Conclusion

Because of the government of India’s liberalization of the licensing requirements, only a small number of industries currently require industrial licenses especially those who work with explosives, and the vast majority of businesses have been delicensed.

The Secretariat of Industrial Approvals must receive information from all industrial operations that are exempt from industrial licensing requirements in the appropriate form for Industrial Entrepreneurs Memorandum and acknowledge it.

To know more about IEM Registration in India through professionals contact Tatva Consultancy, for easy and effortless processing. Our experts will guide you, help you submit documents properly, and get you IEM Certified in no time.

Trademark registration in India is crucial for brand protection as It takes a lot of time, money, and effort to develop a brand. As a result, you must ensure that you have the authorization to use your brand’s name, tagline, logo, packaging, sound, smell, colour scheme, and anything else that gives it a unique identity.

What is a Trademark?

You can register a trademark in India under the Trademark Act of 1999. An intellectual property tool known as a trademark distinguishes your products or services from those of your competitors on the market. It grants the registered mark’s owner sole ownership rights and prohibits third parties from using the mark. Once a trademark has been registered, the applicant and the brand may use the “TM” symbol.

Why is a trademark used?

Trademark registrations are frequently used to protect distinctive brands, catchphrases, or invented concepts.

What is the Eligibility to Register a Trademark?

In India, trademark registration applications can be filed by individuals, businesses, and nonprofit organisations. Yet, there are specific standards for each category of person or company when it comes to submitting a trademark application.

The following types are eligible for trademark registration in India.

An Individual

An individual may submit a trademark application and gain trademark registration for a symbol or word that they intend to use in the future without engaging in any commercial activity.

Partners

Partners of a business may jointly apply for a trademark, and the application must include both owners’ names.

A Proprietor Firm

A proprietorship firm may submit a trademark application in the name of its owner but not in the name of the business or proprietorship. Both the proprietorship name and the business name that you give in your application will be taken into consideration independently.

Partnership Business

A partnership business with a maximum of 10 members must list all of the names of the partners in the application when filing for a trademark. If the business has a minor as a partner, the guardian on his behalf must be identified.

Partnership with limited liability or LLP

The partners in this corporation each have their own unique identity. As the trademark belongs to the LLP, the partners cannot be the applicant. The application should be made in the name of the LLP in this situation.

Indian Company

Any Indian company, regardless of its legal structure (private limited, limited, or another), must submit a trademark application in its name. It should be emphasized that a company’s director cannot simultaneously be a trademark applicant because every incorporated corporation has its own identity.

Foreign Business

A foreign-incorporated corporation must apply for a trademark in India using the name that is on its overseas registration, it should also indicate the registration type and the nation of origin.

Assurance or Society

When a trademark application is filed on behalf of a trust or society, the governing members must be mentioned.

What are the Documents needed for trademark registration in India?

• Deed of Partnership if a partnership entity is listed as the trademark’s registered owner.
• An incorporation certificate is required in case the trademark is registered under a business or an LLP,
• The authorized signatory’s PAN card.
• Aadhaar card of the signatory with permission.
• TM-48 Form Signed – with the use of the TM-48, your lawyer is authorized to register your trademark with the trademark registration on your behalf.
• Logo – to make sure that the trademark registration covers all hues of the logo, kindly do not upload the logo in black and white.

What is the Process for Registering a Trademark in India?

Trademark registration requires a number of stages and ongoing government oversight, it is usually advisable to do so under the guidance of a professional. We at Tatva Consultancy have a streamlined procedure for registering a trademark in India.

1. Carrying out a thorough trademark search;
2. Submitting an application and the required documentation;
3. The Trademark Registry’s review of the application;
4. Processes following an examination;
5. The application’s announcement in the Trademark Journal;
6. Opposition from any outside source;
7. Every ten years, the trademark must be registered and renewed.

Conclusion

We understand how crucial it is for businesses to protect their unique trademarks, and that’s why we take this responsibility seriously, we’ll make sure to make your trademark registration process in India effortless. Tatva Consultancy trademark registration service will make your life a whole lot easier when it comes to securing your brand identity. Our team of experienced professionals will guide you through the entire process effortlessly. From conducting a comprehensive search to ensure your trademark isn’t already taken, to assisting you with filling out the necessary paperwork and handling all communication with the trademark registry, we take care of everything. Contact us to know more.

Understanding the legal obligations and necessary registrations is crucial for industrial entrepreneurs looking to expand their business or enter a new market. One such registration that entrepreneurs should be familiar with is the Industrial Entrepreneur Memorandum (IEM) Registration.

This comprehensive guide will explore the concept of IEM Registration, its significance for industrial entrepreneurs, the required documents, and the procedure to obtain this license. So, before you venture further into your industrial objectives, equip yourself with the knowledge of IEM Registration by reading through this blog post!

What is an IEM (Industrial Entrepreneur Memorandum) Registration?

An Industrial Entrepreneur Memorandum (IEM) is a legal document that allows an entrepreneur to undertake an industrial project in India. IEM is mandatory for specific industrial sectors, as it notifies the government about the proposed investment, capacity, and project details. Registering an IEM enables an entrepreneur to receive government support and aid in developing the country’s industrial landscape.

Significance of IEM Registration

IEM comes with many advantages that make it worth considering for industrial entrepreneurs. Registering your business with an IEM will give you government support regarding favorable tax policies, a more straightforward land acquisition process, and investment promotion. Secondly, IEM registration demonstrates a commitment towards compliance and transparency, which invariably enhances investors’ confidence in the company. Lastly, IEM registration helps the government to track and monitor the growth of the industrial sector more effectively, which positively impacts the overall economy.

Documents Required for IEM Registration

To obtain an IEM registration, industrial entrepreneurs must submit a set of documents as required by the concerned government authority. These documents usually include the following:

1. Project report of the proposed industrial project detailing investment, capacity, and estimated revenue.
2. Proof of identity and address for the entrepreneurs, including PAN and Aadhar cards.
3. Company documents, such as Memorandum of Association, Articles of Association, and certificate of incorporation.
4. Land documents, including proof of ownership, lease agreement, or allotment letter from the relevant government authority.
5. Environment clearance certificate, if applicable, per the Ministry of Environment, Forest, and Climate Change guidelines.

Note: The exact list of documents may vary depending on the industry sector and state regulations. It is advised to consult an IEM registration expert to get specific information on the required documents for your business.

IEM Registration Procedure

The procedure to file an IEM registration generally involves the following steps:

• Visit the official website of the Department for Promotion of Industry and Internal Trade (DPIIT) and create an account.
• Fill out the online IEM application form and provide details about your proposed industrial project, capital investment, and capacity estimates.
• Upload the required documents, as mentioned in the previous section.
• Pay the IEM registration fee for the specific industry sector.
• Submit the application, and within a few working days, the authority will process your request and provide an acknowledgment.

Post-IEM Registration Requirements

Upon receiving the acknowledgment from DPIIT, industrial entrepreneurs must meet specific post-registration requirements. These include reporting the commencement of commercial production, filing annual progress reports, and providing updates on significant changes in the company. Such reporting helps the government to track the progress of the registered industries effectively and offers ongoing support to boost the nation’s economic growth.

Conclusion

IEM Registration is essential to expanding or starting a new industrial business in India, enabling entrepreneurs to operate legally with government support. Understanding the significance of IEM Registration, the required documents, and the registration procedure is indispensable for the smooth commencement of any industrial project. By obtaining an IEM license, entrepreneurs can lead their organizations toward compliance and progress, contributing positively to the nation’s overall industrial development.

If you are looking for a reliable consultation partner for IEM registration services in Gujarat, Tatva Consultancy Services provides experienced professionals who understand all aspects of this process. They will help you navigate your project from initiation to completing the process efficiently and ensure everything is handled correctly. In conclusion, following the proper steps can take your business to the next level with IEM registrations successfully acquired!

Many businesses ignore trademark registration because it is not mandatory. But the benefits of registering a trademark far outweighs the hassle of registering the mark.

Establishing a successful brand can be incredibly profitable, often worth millions of dollars. Believe it or not, even the smallest brands carry significant value; this is determined by how much they contribute to their business. Highly-regarded brands are frequently referenced through word-of-mouth advertising, and have the ability to charge higher prices than competitors while still earning royalties from their licensed trademarks. To reap these benefits and more, trademark registration is necessary in order to assign rights correctly.

How disheartening would it be if other businesses began using your trademark without permission, and the only solution was to go through a lengthy court process? With an online trademark registration, this won’t happen: you have full control over every logo, word or slogan that you’ve branded. It’s not necessary to obtain one of these registrations, but doing so will ensure that your brand is protected in any event.

Trademark registration makes defending your rights in court effortless and cost-effective. Still not convinced? Let’s explore the three primary ways that leaving your brand unprotected can put it at risk.

Importance of Trademark Registration

The below points are explained if you are not registered your trademark(Importance of Trademark Registration) means what happens:

Lose Rights to Name

Without trademarking your brand, it is possible for another business to use the same name and register it. In this situation, they could try to stop you from using the mark even though you were utilizing it first! Thankfully, due to trademark laws that recognize the initial user of a well-known symbol or phrase, there’s still hope – albeit with legal expenses – that you can keep hold of your rights over your branding.

If you have been conducting business throughout India, then trademark rights are territorial and the courts may divide up the legal right to use your name by region. For instance, if another company has a larger presence in India than yours does under that same name, they would be granted more coverage of it. However, if you were wise enough to register your chosen brand name early on before entering any markets there this problem will not even arise for you!

Cause Confusion Among Consumers

Consequently, another company who goes by a similar name would be able to operate nation-wide and trademark the same moniker, thus possibly diminishing your brand presence if their business surpasses yours. What’s worse is that legal recourse may not even be possible in such an event.

Cybersquatting Troubles

Surely you are aware of the hundreds of variations your domain name can take? From .co.uk to .biz, there is an entire industry devoted merely to buying and selling successful domains. It’s so widespread that it has led to the creation of a Uniform Domain Name Resolution Policy (UDRP). However, without a trademark behind you, demonstrating why these numerous combinations should not be allowed due to their potential impairment on your business’ rights might be quite strenuous. On the other hand, if one owns such a mark – this process becomes much simpler!

conclusion

The importance of trademark registration can never be understated. Trademarks provide a unique identity for businesses, allowing them to stand out and differentiate themselves from the competition. Furthermore, trademark registration offers valuable legal protection for trademarks if there are disputes or infringement claims. With all these benefits in mind, it is clear that registering a trademark is an essential component of any business’s success plan.

Getting started on the process with Tatva Consultancy Services in Gujarat is easy and straightforward. Their experts will guide you every step of the way so that you can ensure your intellectual property rights are properly secured. Don’t wait any longer and get registered today!

Powering up your business in today’s dynamic digital era requires a clear vision and a pioneering mindset. As an entrepreneur, it’s time to leverage the transformative world of the Government e-Marketplace (GeM), the fastest-growing platform for enabling businesses of all sizes to flourish. Join us as we embark on a journey to explore the myriad benefits of registering on the Government e-Marketplace. Take the first step towards tapping into the lucrative government sector, ensuring transparency, and boosting your growth potential.

Benefits of Gem Registration All You Need To Know

Understanding the Government e-Marketplace

If you’re unaware of the GeM portal, it’s time to get familiar with it. The Government e-Marketplace is an online procurement platform initiated by the Government of India. The portal aims to facilitate a seamless, efficient, and transparent procurement procedure for the government sector. Designed to cater to almost every product and service imaginable, GeM helps businesses capitalize on the gigantic market potential of supplying to government departments, agencies, and public sector enterprises.

Transparency and Ease of Doing Business

One of the most significant benefits of registering on the Government e-Marketplace is the absolute transparency it offers. Gone are the days when businesses had to vie for government tenders or face red tape to secure their place in government procurement. GeM makes the bidding and approval process transparent and impartial, eliminating the possibility of corruption, and ensuring a level-playing field for businesses, regardless of their size. As a result, this seamless online platform leads to better ease of doing business with the government sector.

Expanding Your Business Reach

Imagine the immense potential of having your products and services available to a vast number of government departments and organizations, and the incredible opportunity it presents for your business growth. The geM helps you reach out to a wide buyer base, including central government ministries, departments, states, Union Territories, and public sector enterprises. By listing your products and services on this national public procurement platform, you not only diversify your market but also enhance your brand visibility, thereby boosting your business valuation.

Enticing Payment Terms and Timely Payments

Every business aims to ensure cash flow optimization without compromising on profitability. One of the significant advantages of securing supply contracts through the GeM platform is the attractive payment terms it offers. In most cases, payments are made within ten days of the acceptance of goods or services (as long as the buyer does not raise any dispute). This speedy payment processing, combined with a secure digital interface for transactions, ensures a hassle-free experience and fosters healthy cash flow management for businesses.

Continuous Improvement and Support

As a GeM registered seller, you become an integral part of an ecosystem that perseveres to enhance and refine the buying and selling experience continuously. GeM encourages feedback from sellers and constantly works on improving its platform in terms of performance, security, and user experience. This partnership ensures that your concerns are addressed and you receive timely support, enabling you to grow your business in a conducive and innovative environment.

Conclusion

In conclusion, Gem registration is an effective way of streamlining governmental purchasing processes. Through Gem, government departments and local authorities can easily access digitalized bids and have the capacity to purchase items directly from registered Indian suppliers. Therefore, it should be made a priority for all public sector agencies to go through the necessary steps in registering on the government’s e-marketplace portal. Business entities that are keen to win profitable contracts from various organizations of the same state should get in touch with a Gem registration consultant in Gujarat at Tatva Consultancy Services to learn more about this whole process.

At Tatva, our team of experienced professionals will guide you throughout the entire Gem registration process and help your business stand out from other contenders. So don’t wait! Contact us today and start learning how we can help you gain visibility for your procurement endeavors through the Government E-Marketplace journey.