Choose right Option for your Business
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Different Options to start a Business in Bangalore
There are several forms of business organizations viz, Limited Company, Limited Liability Partnership (LLP), Partnership Firm and Sole Proprietorship. While selecting a business organisation, one must have an understanding about the different types of business structures, its merits and demerits, public acceptance and image.
Types of Business
To Whom and When is it Suitable?
‘Private Limited’ from of business is suitable for a team entrepreneurs (business partners) with formal business relations and want to start a very formal and organised model of business. ‘Private Limited’ is the best suitable option where the entrepreneurs are expecting external investment to the venture in near future.
‘LLP’ from of business is suitable for a close team entrepreneurs with formal business relations who do not expect external investors to the venture in near future. LLP is suitable for related related entrepreneur team (eg. Husband and wife) who want to start a formal business with advantage of limited liability.
‘OPC’ from of business is suitable for a single entrepreneur who wants to start a business without any business partners and to take advantage of Limited Liability. Please note that addition of shareholders / partners to business in future is not possible to ‘One Person Company’ form of business.
‘Partnership’ from of business is suitable for a team entrepreneurs with formal business relations or personal repartitions. Partnership is a business defined by a partnership agreement. Partnership is also a formal form of business without the advantage of Limited Liability.
‘Proprietorship’ from of business is suitable for a single entrepreneur who wants to start a business by self in an informal way. There is no specific registration for a Proprietorship. Also, the proprietor will not get the advantage of Limited Liability and cannot add partners to business at any point of time. Also, a Proprietorship’ cannot be converted to OPC / LLP/ Company in future.
Company Registration Cost in Bangalore - Karnataka
The Cost of Company Registration Cost in Bangalore - Karnataka depends on your specific requirements. Check the cost of registration instantly with your requirements.
Trademark Registration Bangalore
A Trademark is typically a name, word, phrase, logo, symbol, image or a combination of these to distinguish a company’s products and services from those of others. A trademark is the intellectual property of its holder; and ownership of a trademark flows from the business usage of the trademark. Trademark Registration provides ultimate protection for Business Name, Brand Name, Taglines, Captions, Logo, Symbol or Emblem or a combination of these as Trademark.
There are Different Types of Trademarks such as Word Mark, Device Mark, Colour Mark, Shapes of Goods, Sound Mark and Three Dimension Mark.
Why Trademark to be registered?
A company/individual should register the trademark in order to possess the complete ownership of the mark and to protect the same from misuse by another person/business entity. If the trademark is not registered, the owner of the mark shall not be entitled to initiate any legal proceedings against anyone to prevent or to recover damages for the infringement of the trade mark.
Trademark Classification - 45 Classes
Under Trademark Registration process, goods and services are classified into 45 Classes of Trademark. It is very important to identify the class in which the goods/services fit into and file an application under the relevant class. If a trademark is used for goods and services under different classes, separate applications are required to be filed under each class to get protection of trademark for the respective goods and services.
Trademark Registration Filing Fee
Category of Applicant
Company / LLP / Partnership / Joint Application / Others /