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Goods and Service TAX (GST) registration is compulsory for those businesses whose aggregate turnover exceed Rs. 20 Lakhs. Where this threshold for north eastern States was prescribed to Rs 10 Lakh, GST council has recently increased the limit to Rs 20 Lakh in 28th Council meeting.

One may obtain GST registration online by following few simple steps on GST portal. The online application is accompanied with below mentioned documents:

One must obtain Import – Export Code registration for importing products and then selling them in different states after incorporation of any business entity.

To register under IEC, An online application can be made to DGFT department with basic details of business along with requisite documents. Further, only one IEC can be issued against a single PAN.

GST Registration is PAN based and State specific registration hence with respect to your query there is no need to apply for new GST registration in case you want to start an e-commerce site. A person can do multiple businesses under one GST registration. However, for starting new business, an amendment is required in GST registration application by making addition of that business activity.

In India, the trademark registration is centralised and so the process is common for all. There are two ways for the registrations which are online (through official website) and offline (by visiting the trademark office). The procedure for the registration is as under.

Any individual who want to start a business without much complexity can start his operations as the proprietorship firm. This business structure is most simple and flexible structure in India from both set-up and operability aspects. It is most easy way of doing business with minimum registration cost. In the Proprietorship Firm business, the individual himself is the sole owner of the whole business.

Following are some advantages to start Proprietorship Business.

Once you file GST application filed successfully and ARN number will be generated, GST department will review your application within 3 working days, which is general response time. However, if officers are unable to review the application within 3 working days then they have to review the application within 5-7 working days.

If all of your documents and details are as per the requirement then GST department will issue GSTIN number.

Import Export Code which is popularly known as IEC. It is mandatory requirement for any business entity that is planning to Import in and Export from India related to any goods or services. You can even register for international online market place like amazon, alibaba etc. the main benefit from this registration is that you can UNLOCK THE INTERNATIONAL MARKETS.

The procedure for Dissolution of a firm is as follows:

1) In the process of dissolution, the following accounts are opened in order to close the books. Accounts in the firm are settled as per the rule of Indian Partnership Act, 1932:

• a) Realization Account

• b) Partner's loan account

• c) Partner's Capital account

• d) Cash or book account

2) In settling the accounts of a firm after dissolution, the following rules shall be observed subject to agreement by the partners -

When Trademark Registry issues any examination report relating to Trademark application then the status of the Trademark is "Objected". The applicant or its attorney has to file an examination reply stating the reasons that why our Trademark is capable of being registered. The examination reply has to be filed within 30 days of receipt of notice trademark examination. Once the examination reply is filed the status will be automatically updated depending upon the discretion of Trademark Registry.

There are no specific requirements for a Money Remittance Company, the procedure and documents required would be same as in other Companies.

For Company Registration in India one needs to follow the procedure for registering a Company with Ministry of Corporate Affairs. A Private Company can be registered in four simple steps: