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How to Submit ECB Return in India

External Commercial Borrowings (ECB) are loans raised by Indian Companies from Foreign Banks or Foreign Body Corporates by Indian Companies, these loans are mainly raised in foreign Currency. Loans Raised by Indian Companies from Foreign Body Corporates or Banks are governed under ECB Framework of Reserve Bank of India and Required Returns are required to be submitted to AD-Bank in India, AD Bank Thereafter send the returns to DSIM

As per the ECB guidelines of the Reserve Bank of India, ECB Returns are required to submit to AD Bank within 7 days of the close of the Monthly.

ECB RETURN
ECB RETURN

Time Limit for Submission of ECB-2 Return

Within 7 Days of the close of the Month, say ECB-2 return for the Month of June 21 should be Submitted by 7th of July 21

Late Submission of ECB-2 Return

Entities that have not filed the ECB Return to AD Bank may also submit ECB Return after the due date with payment of the Late Submission Fee(LSF)

Late Submission Fee For ECB-2 Return

Sr. No.Type of ReturnPeriod of DelayApplicable Late Submission Fee
1.Form ECB 2Up to 30 calendar days from the due date of submissionINR 5,000
2.Form ECB 2Up to three years from the due date of submissionINR 50,000 per year
3.Form ECB 2Beyond three years from the due date of submissionINR 100,000 per year

What is ECB-2 Form

ECB-2 is prescribed form under ECB guidelines under which ECB Return is required to be submitted to RBI

How to Submit ECB Return

ECB Return is required to be submitted Physically to AD Bank Branch designated by AD Bank , you can ask your AD Bank the branch where you need to submit the return and submit accordingly and also you can email the soft copy of return within due date to desigmated officer of AD bank.

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How to get Copyright Registration in India

Copyright is a right given by the law to creators of literary, dramatic, musical, and artistic works and producers of cinematograph films and sound recordings. Copyright Registration provides a bundle of rights like rights of reproduction, communication to the public, adaptation, and translation of the work.

Copyright ensures certain minimum safeguards of the rights of authors over their creations, thereby protecting and rewarding creativity. The development of a society is dependent on the creativity of creators and their rights over their work should be protected. The rights & protection provided by copyright to the efforts of writers, artists, designers, dramatists, musicians, architects, and producers of sound recordings, cinematograph films, and computer software, create an atmosphere conducive to creativity, which induces them to create more and motivates others to create.

Application for Copyright Registration Application :

The application can be made both online and Offline by the applicant or the Authorized Attorney of the applicant. An applicant filing a copyright application should have the work in soft copies and hard copies in at least two copies, like the author of Literary work should have two copies of the book for copyright.

Information required for Copyright Registration Application :

  • Name, Address and Nationality of the Applicant
  • Nature of the Applicant’s interest in the Copyrightof the work
  • Class and description of the work
  • Title of the work
  • Language of the work
  • Name, Address and Nationality of the Author and if the Author is deceased, the date of decease
  • Whether the work is Published or Unpublished
  • Year and Country of first publication, and Name,Address and Nationality of the publisher
  • Year and Countries of subsequent publications, if any, and Name, Address and Nationality of the publisher
  • Name, Address and Nationality of the Owners of the various rights comprising the copyright in the work and extent of rights held by each, togetherwith particulars of assignments and licence. If any
  • Name and address and nationality of otherpersons, if any authorized to assign or licence therights comprising the copyright
  • If the work is an ‘Artistic work’, the location of theoriginal work, including name, address andnationality of the person in possession of the work,(In the case of an architectural work, the year ofcompletion of the work should also be shown)

Documents Required for Copyright Registration : 

  • 2 Copies of work
  • Authorization from author/publisher
  • If the work is being used on goods or capable of being used on the goods
  • If the application is being field through attorney, a specific power of attorney in original duly signed bythe applicant and accepted by the attorney
  • Search Certificate from Trade Mark Office(TM-60) ( Only in case of Artistic work ).

Time for Processing Copyright Registration Application

  • Applicaiton Filing – 1 Day
  • Allotment of Diary Number – 1 Day
  • Waiting Period – 30 days
  • Approvals /Objections- 10-15 days

Once an application for Copyright registration is filed, we get allotted Diary Number, have to wait for a mandatory period of 30 days so that no objection is filed in the Copyright office against your claim that particular work is created by you.

Scope of Copyright Registraiton

All kinds of literary and artistic works can be copyrighted, you can also file a copyright application for your website or other computer programs. Computer Software or program can be registered as a ‘literary work’. As per Section 2 (o) of the Copyright Act, 1957 “literary work” includes computer programs, tables, and compilations, including computer databases. ‘Source Code’ has also to be supplied along with the application for registration of copyright for software products. Copyright protection prevents the undue proliferation of private products or works and ensures the individual owner retains significant rights over his creation.

File your Copyright Registration Application

We help you to file your Copyright Registration Application with the Department for the following type of work:

  • Books
  • Sound Recordings
  • Softwares and Apps
  • TM

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How to Register your Company in Startup India

To Promote entrepreneurship to boost economy and increase employment , government of India Introduced Startup India Scheme, startup India Registration provides several benefits that has been provided to startups including tax holiday for period of 3 years to recognised startups.

To get recognised as startups , entity has to apply for recognition as startup on https://www.startupindia.gov.in/ , once application is submitted it is reviewed for “Department of Promotion of Industry and Internal Trade” (DPIIT) and if found eligible , the entity is registered as startup. Please note Income Tax Exemption on profits under Section 80-IAC of Income Tax Act is issued separately.

startup india registration

Meaning of “Startup”

An entity shall be considered as a Startup:

  • Upto a period of ten years from the date of incorporation/ registration, if it is incorporated as a private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008) in India.
  • Turnover of the entity for any of the financial years since incorporation/ registration has not exceeded one hundred crore rupees.
  • Entity is working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.
  • Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’.
  • Explanation: An entity shall cease to be a Startup on completion of ten years from the date of its incorporation/ registration or if its turnover for any previous year exceeds one hundred crore rupees.

Government Schemes & Benefits after startup india registration

  • Self Compliance under 3 environment and 6 labour laws
  • Income tax Exemption
  • Reduced Filing fee for Trademark
  • Reduced fee for Patent application
  • Easier Public Procurement norms
  • Easy Winding up
  • Reduced Compliance under Companies Act
  • Other Schemes launched by Government time to time

Following information are required for Startup India registration :

  1. Name of Company
  2. Name of Startup
  3. Website address of Company
  4. Name , age qualification of Directors and Promoter / Authorized Representative
  5. Current Number of Employees including Founders
  6. Trademark or other IP details
  7. Is the startup creating an innovative product / service / process or improving an existing product / service / process ?
  8. Is the startup creating a scalable business model with high potential of employment generation or wealth creation ?
  9. Brief note supporting the options chosen above for innovation, improvement and scalability
  10. Has your startup received any funding?
  11. Any awards/recognition received by the entity , if yes , provide document in support
  12. What is the problem the startup is solving ? 150 to 200 words  minimum
  13. How does your startup propose to solve this problem? 150 to 200 words minimum
  14. What is the uniqueness of your solution ? 150 to 200 words minimum
  15. How does your startup generate revenue? 150 to 200 words minimum
  16. App Link /Pitch Deck etc if any
  17. COI , MOA and AOA of Company
  18. PAN of Company

Fastlegal Provides help in filing your Startup India Registration application , Place your request below to get in touch with our team members

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No OSP Registration Requirement for Running BPO/Call Centres as per New OSP Guidelines

Department of Telecommunications has issued new OSP guidelines for Other Services Provide (OSP) where Registration for Other Service Providers (OSP) requirements has now done away with, you can just register your Private Limited Company/LLP or Partnership Firm or Obtain Shop and Establishment Registration and can start your own Call Centre, Also, as per the guidelines OSP has to take care that there should not be any Toll Bypass and Recordings and Call Logs to be maintained for period of 1 years .

The New OSP Guidelines have been issued on 23rd of June, 2021 by Department of Telecommunication for ease in Business of Running Call Centres and BPO’s across India

New Guidelines

  • No Registration Requirements with DOT
  • NO Static IP Requirement for Work From Home
  • No Security Deposit for Work From Home
  • Bank Guarantee Not Required
  • All Types of Business Entities Private Limited/LLP/Partnership/Proprietorship permitted
  • Exemption to Non Voice Based OSP
  • Voice Traffic Flow allowed between Domestic and International OSP

Old Guidelines

  • Mandatory Registration Requirement
  • Static IP Requirement for Work From Home
  • Security Deposit Required for Work from Home
  • Bank Guarantee required
  • Only Private Limited and LLP were permitted
  • Non Voice Based OSP were Covered
  • Voice Traffic Flow not Allowed

Chapter –  1 Definitions

The terms used in this document, unless the context otherwise requires, have ‹he following meaning”.

  • “Authority’  means Department  of Telecommunications or its designated  field  wits (Licensed Service Areas or LSAs).
  • ‘Company’ means an Indian Company, registered under the Indian Companies  Act, 2013 or a Partnership Firm or an organization registered under Shops and Estat3lishments Act.
  • ‘LLP’ means a Firm incorporated and registered under Limited Liability Partnership Act- 2008 in India.
  • Other Service Provider’ (OSP) is an Indian company, registered under the Indian Companies Act, 2013 or an LLP (Limited Liability Partnership) registered under LLP Act, 2008 or a partnership firm or an organization registered under Shops  and Establishment  Act providing voice based Business Process Outsourcing (BPO) services to their customers located worlci-wide including in India.
  • ‘Voice based BFO services’ means call centre services provided  by the OSPs wherein the customers access the network of the OSP through PSTN/PLMN/ISDN.
  • ‘OSP Centre’ means the infrastructure of an OSP at a location in India.
  • ‘Point of Presence’ (POP) is a location where OSP places equipment like Private Automatic Branch Exchange (PABX), Interactive Voice Recording System {IVRS) etc., to act as an extension of OSP Centre for Collecting information, converting, carrying and exchanging the telecom traffic related to its services.
  • ‘Telecom Service Provider’ (TSP)/ Telecom Licensee means an entity who has been granted a valid licence under Section-4 of the Indian Telegraph Act, 1885 to provide Telecom Service as per the License in a Licensed Service Area (LSA).
  • ’Telecom Resource’ means Telecom facilities provided by TSFs and used by the OSPs including, but not limited to Public Switched Telecom Network (PSTN), Public Land Mobile Network {PLMN), Integrated Services Digital Network (ISDN), Leased Lines (NPLC/ IPLC), MPLS VPN, internet leased lines, Broadband connectivity {wireline/ wireless), BRA/PRi lines to carry traffic.
  • Toll Bypass: Toll bypass for the present guideline shall mean illegal carriage of voice traffic infringing upon the jurisdiction of authorised TSPs in the following ways:
    • Voice calls between public network (PSTN/ PLMN/ ISDN) in India and Foreign country by transiting it through their own network,
    • Voice calls between public network (PSTN/ PLMN/ ISDN) of one city and the other city in India by transiting it through their own network.
OSP Guidelines
OSP Guidelines

Chapter – 2    General Guidelines for OSPs

  1. Registration: The distinction between international OSPs and domestic OSPs has been removed and no registration will be required for OSP centres in India.
  2. Bank Guarantee: No Bank Guarantee whatsoever will be required for any facility or dispensation under these Guidelines.
  3. Special Dispensations for OSP:
    • For the OSPs the collection, conversion, carriage and exchange of the incoming PSTN/PLMN/ISDfiI traffic is permissible over any wide area networking technology like MPLS VPN/NPLC or SD-WAN over NPLC/MFLS VPN interconnecting the different OSP Centres.
    • The OSPs ale allowed to carry the aggregated switched voice traffic (incoming/ outgoing) between their POP and their OSP centre in India over any wide area networking technology like IPLC/NPLC/MPLS VPN or SD-WAN (over IPLC/NPLC/MPLS VPN) and transiting it betwee.n other OSP centres in India over NPLC/MPLS  VPN or SD-WAN (over NPLC/ NtPLS VPN).
    • lnterconnectivity of voice calls between two or more OSP Centres of the same Company or group of companies or unrelated companies is permitted for OSP operations.
    • Interconnection of Remote Agent to the OSP centre is permitted using any technology including broadband over wireline/wireless.
    • An OSP having multipIe centres may obtain internet connection from authorised TSP at a centralised location anywhere in India. Fhis internet can be accessed from other OSP centres of the same company or Group companies Using NPLC/ MPLS VPN or SD-WAN (over NPLC/MPLS vPNj.
    • Entities that are not carrying out voice-based business process outsourcing services shall not be regulated under the OSP Guidelines.
  4. Inspection and reports: The OSPs have to self-regulate their operations in such a manner that there is no toll bypass and infringement on the jurisdiction of authorized TSPs. There is no requirement to submit any report/ information to the DOT HQ or its field units on normal routine basis. However, the OSPs have to maintain Call Data record (CDR), Usage Data Record (UDR) and System *OSS for alt customer calls for the required period as mentioned in Chapter-5 ”Security Conditions” and submit it to LEAs/ DOT, if requested. No audit/inspection on routine basis of the OSP centres shall be carried out by DoT

Chapter -3:     Guidelines for sharing infrastructure, Use of Distributed Architecture of EPABX and Interconnection

  • Sharing the Infrastructure: Sharing the infrastructure including EPABX and PSTN/PLMN lines of OSP Centres for office use is permitted.
  • Foreign EPABX: EPABX at foreign location is allowed for the OSPs, However, the OSP will take all the necessary measures to comply with the requirements of relevant provisions of Indian laws. In addition, the OSP shall maintain a copy of CDR/ UDR and System logs at any of its OSP centres in India.
  • Use of distributed architecture of EPABX for OSP centres across India:
    • OSPs can have a distributed architecture of EPABX (main EPABX at a centralized location and media gateways at Individual OSP Centres) for their OSP centres Across India ,where the EPABX owned by OSP OSPs may place their self owned EPABX in 3rd party data centres in India . OSPs can also take EPABX services from the TSPs.
  • OSP centres which do not make outgoing calls to the PSTN/PLMN in India may atso use a centralised media gateway.

4.    Interconnection:

Chapter-4         Work-From-Home (WFH)/ Work-From-Anywhere (WFA)

The concept of Work-From-Home is being encouraged under these guidelines and has been extended to allow work From-Anywhere in India. This facility of Remote Agent Position (i,e. Work-From- Home/Anywhere) is permitted with the following conditions:

  1. The agents at home/ anywhere in India shaIl be treated as Remote Agents of the OSP Centre.
  • Interconnection of remote agents to the OSP centre is permitted using any technology including broadband over wireline /wireIess,
  • The remote agent of an OSP centre may connect directly with the centralised EPABX/ EPABX of the OSP/ EPABX of the customer.
  • The OSP shall be responsible for any violation related to toll-bypass.

Chapter -5 Security Conditions

The OSP shall not engage in the provision of any Telecom Services.

  • For EPABX installed at locations different than the OSP Centre, the remote access of aid CDRs, System log, configurations of I PABX and touting tables shall be made available on demand from Authority/ Law Enforcing Agencies from at least one of the OSP centres.
  • OSP will take all the necessary measures to comply with the requirements of relevant provisions of Indian laws.
  • On specific instances of infringements such as carriage of objectionable, obscene, unauthorized messages or communications infringing copyright, intellectual property etc. in any form on their networks, the OSP shall ensure that the carriage of such material on the networks is prevented immediately.
  • The OSP shall extend support to the Authority in tracing any nuisance, obnoxious or malicious calls, messages or communications transported through its equipment and network.
  • OSPs shall be required to preserve the CDRs for all the voice traffic carried using the EPABX. OSP shall maintain a copy of CDR and System logs at any of its OSP centres in India, The CDRs shall be segregated for each OSP centre/ media gateway. It shall be possible to view the CDR data along with details of the agent manning the position by remote login to CDR machine/ server. The time-stamp in the CDRs in the system(s) of the OSP shall be synchronized with the Indian Standard Time.
  • The CDR/ UDR/ system logs etc. should Contain all relevant information which is essential for the LEAs for tracking/forensic purpose. The CDR/ UDR shall consist of Calling Number, Calted Number, Date, Start Time, End time/ duration, Identity of the Device used for making the call (MAC ID, Device signature etc.), User identity {login name) initiating the session, MGW identity/ Soft-switch ID and Trunk ID etc, System log shall consist of User/ login identity, date & time of login, date & time of logout, commands/ activities performed, response of command/ activities.
  • For Remote Agents, the OSP shall ensure that the system logs are tamper-proof and the CDRs/ all logs of the activities carried ot3t by the Remote Agent shall be maintained for one year.
  • In all the above cases, CDRs / UDRs / System logs, etc. shall be maintained for a period of one year,

For Company /LLP Registration for Running your Own BPO/Call Centre, Please Submit your request below

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Draft Trust Deed for Public Charitable Trust

Trust is created via trust declared by settlor , in the process of declaration of trust settlor is required to execute trust deed , so he can write the terms of creation of trust and anyone in future can act on the basis of trust deed executed by settlor, Trust deed should be drafted vary carefully so as the trust declared by the settlor can achieve its objectives.

Trust Deed is should be duly executed , signed by either settlor or settlor , trustees. To Register Public Trust under Public Trust act of any state Trust Deed is main and important document.

draft trust deed
draft trust deed

Important clauses in Draft Trust Deed of Public Charitable Trust

Clauses Included in Draft Trust Deed

  • Name of Settlor
  • Declaration of Trust by settlor
  • Object Clause of Trust
  • Declaration as Public Trust
  • Beneficiary Clause
  • Area of Operations
  • Properties of Trust
  • Number of Trustees and There Powers
  • Trust Administration and Power of Board of Trustees
  • Meetings of Board of Trustees
  • Remuneration /Allowances To Trustees & Office Bearers
  • Bank Account
  • Trust Fund
  • Accountability Of Trustees
  • Accounts and Audit of Trust
  • Amendments to Trust Deed
  • Irrevocable Clause
  • Dissolution Clause

Draft Trust Deed

Charitable Public Trust Deed

  • Ready Made Trust Deed Draft Copy in Word
  • Just Change Basic Details like Name , Address, etc or make any changes you want
  • Ready to Print on Stamp Paper
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How to Register Real Estate Company in India

Real Estate is “Real Property” such as Land and things attached to the land, it is said that value of land never decreases and significant returns can be generated in the long terms and treated as one of the safest investment to do. Real Estate also includes things attached to the land such as trees, water, mineral, bridges, homes. Real Estate also gives real sense and satisfaction to owner of property as we see real value.

In this article we will discuss about the real estate company registration where you can buy, hold and sale properties as stock in trade as such or by making any upgrades likes construction of residential and commercial real estate projects, If we consider and see the Indian Market there is still major population in India lives in villages and there is less job opportunities as compared to major cities, access to greater facilities and so many other benefits , people tend to shift to cities where these facilities are available.

The Major revenue source for real estate company is income from sale of stock of real estate property or rental income from real estate property.

real estate company registration

How to Start Real Estate Business in India

To Starting out real estate business you will need to choose the business stracture in India under which you want to do business , following business stracutres under which business of real estate can be carried out :

  • Proprietorship / Individual
  • Partnership
  • LLP ( Limited Liability Partnership)
  • Private Limited Company
  • Public Limited Company

As you can do business in any of the above business structures , Private Limited Company is the Most popular business entity in India as most of real estate businesses are registered as private limited company , registration as private limited gives benefit of limited liability to owners and sense of confidence to customers as it is highly regulated under the provisions of Companies act and Details relating of Directors and shareholders are easily available on MCA21 website by payment Rs100 fee , with this information customer’s can exercise some due diligence as well.

Below we will discuss about the real estate business registration as private limited company, what are the main requirements for registration, documents required for registration, Capital requirements and RERA

Real Estate business registration as Private Limited Company in India

Minimum requirements for real estate company registration :

  • Minimum 2 Directors are required
  • Minimum 2 Shareholders are required , both Director and shareholders can also be same persons
  • No Minimum Capital requirement for registration of Company
  • Name of Company should be unique, there should not be any Company, LLP or Trademark in class of real estate should be registered in the name of proposed company
  • Ownership of Company will be based on No of Shares held
  • Company should have Registered office address in India

Documents required for Real Estate Company Registration:

  • PAN of Directors and Shareholders
  • Aadhar of Directors and Shareholders
  • Bank Statement or utility bill in the name of Applicant ( not older than 2 months )
  • Email id
  • Mobile Number
  • Video for Digital Signature verification

Object clause of Memorandum of Association of Real Estate Company registration

To purchase any land, plot(s) of land or immovable property or any right or interest therein either singly or jointly or in Partnership with any person(s) or Body corporate or partnership Firm and to develop and construct thereon residential, commercial complex or complex(es) either singly or jointly or in partnership as aforesaid, comprising offices for sale or self use or for earning rental income thereon by letting out individual units comprised in such building(s).

To purchase any movable or immovable property including industrial,commercial, residential, or farm lands, plots, buildings, houses, apartments, flats or areas within or outside the limits of Municipal Corporation or other local bodies, anywhere within the Domain of India, to divide the same into suitable plots, and to rent or sell the plots for building/constructing residential houses,bungalows, business premises, and colonies and rent or sell the same and realize cost in lumpsum or easy installments or by hire purchase system and otherwise.

To purchase, sell and otherwise to carry on the business such as builders, contractors, architects, engineers, Estate agents, decorators and surveyors.

To purchase for resale and to trade in land and house and other immoveable property of any tenure and any interest therein, and to create, sell and deal in freehold and leasehold ground rents, and to deal in trade by way of sale, or otherwise with land and house property and any other immovable property whether real or personal.

To construct, execute, carryout, equip, support maintain, operate, improve, work,develop, administer, manage, control and superintend within or outside the country any where in the world all kinds of works, public or otherwise, buildings, houses and other constructions or conveniences of all kinds, which expression in this memorandum includes roads, railways, and tramways, docks, harbours, Piers, wharves, canals, serial runways and hangers, airports, reservoirs, embankments, irritations, reclamation, improvements, sewage, sanitary, water, gas, electronic light, power supply works, and hotels, cold storages, warehouses, cinema houses, markets, public and other buildings and all other works and conveniences of public or private utility, to apply for purchase or otherwise acquire any contracts,decrease, concessions, for or in relation to the construction, execution, carrying out equipment, improvement, administration, or control of all such works and conveniences as aforesaid and to undertake, execute, carry out, dispose of or otherwise turn to account the same.

Capital Requirement for Real Estate Company registration

As per the Provisions of Companies Act, there is no minimum Capital requirement to carry on business, but as you see real estate business is capital incentive based business and you need high amount of capital as per your requirement, but initially you can start company with less amount and in future as per the requirements of business you can infuse capital in the company, It is important to note that you can either fund capital in your business in the form of equity , preference capital or in the form Debt capital or combinations of these.

RERA Registration for Real Estate Company

There are mainly two types of Registration that Real Estate Company will require under the provisions of RERA

  • Real Estate Project Registration
  • Agent Registration

Project Registration

In RERA Project Registration , every Real Estate project developed or to be developed by Real Estate Company will require registration under the provisions of RERA Act, RERA registration will be as per the laws of different states on Real Estate Projects

Agent Registration

Agents acting as Brokers or property dealers require registration under the provisions of different state laws of RERA , if the Real Estate Company is dealing in such activates, then company must obtain such registration with respective authority .

Fastlegal provides Company Registration Services all over India , if you need any help , Please submit your request below

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How to Start an Online Gaming Company in India

Gaming Industry is growing rapidly all over the world due to growth in the internet users and technology improvements availability of high speed internet data and growing interest of the users. In the present time online gaming business is a very profitable business opportunity. In this article we will discuss about how to start online gaming company in India

Idea for Game Development

The first thing to start the online gaming business is you should have a product, the product will be your game a particular game that you are offering to public, a good product is necessary for every business, as such a good online gaming business requires you to have a good 🎯 so that people can have interest and spend considerable time on gaming. Idea for the game development requires you to think of every aspect of the gaming that who will be your target audience is for the particular game, the gaming platform on which the game will be doubled how much cost will be involved in marketing of the game the expected revenue that this game in business can generate. The Good thing is you can make a sheet of all these calculations.

Online Gaming Company

Procedure for Online Gaming Company Registration

In India there are many business structures available under which you can do the business, following are the business structures under which you can register your online gaming company

  • Proprietorship Firm
  • Partnership Firm
  • Limited Liability Partnership (LLP)
  • Private Limited Company
  • Public Limited Company

You can either choose any of the Above business structures in India, in this article we will discuss about private limited company and LLP as a business structure as these two business structures are the most popular business structure and you need either of one.

Registration of online gaming company as private limited company

Today register and online gaming company as a private limited company you need to have minimum 2 shareholders and the two directors, (shareholders can also be directors and vice versa) if you are registering a private limited company as a single individual you can register it has a one person company also in that case you will need one person has your nominee.

Minimum requirements for registration of online gaming company as private limited company

  • Minimum 2 members
  • Minimum 2 Shareholders
  • Name of Company (ABC eSports Private Limited)
  • Address of Company
  • Share Capital (there is no minimum capital requirement)
  • Share to be subscribed by each shareholder at the time of Incorporation
  • Email ✉️ of Company
  • Email id of Directors
  • Mobile Number of Directors
  • Main object of Company (Gaming Company)
  • PAN and Aadhar of Directors or Subscribers
  • Bank statement of Subscribers ( Latest with Name and Address )
  • Communication Address or Registred office Address of Company

All the documents and information required for registration of an online gaming company.

Main object of online gaming company


The main objects of any company is something that depends what a company can do, if we are in operating in online gaming company we should have the companies main object of online gaming this will only enable has to pursue our objects

Following are the draft main objects of online gaming company

1. To conduct “games of skill” which includes all such games where there is a
preponderance of skill over chance, including where the skill relates to strategising the
manner of placing wagers or placing bets, or where the skill lies in team selection or
selection of virtual stocks based on analyses, or where the skill relates to the manner in
which the moves are made, whether through deployment of physical or mental skill and
acumen.
2. To conduct skill games programme like Chess, Sudoku, Quizzes, Binary Options, Bridge,
Poker, Rummy, Nap, Spades, Auction, Solitaire, virtual Golf, virtual racing games
including virtual horse racing, virtual car racing etc.; virtual Sports including virtual
Soccer, virtual Cricket, virtual Archery, virtual snooker/bridge/pool, virtual fighting,
virtual wrestling, virtual boxing, virtual combat games, virtual adventure games, virtual
mystery and detective games, virtual stock/monopoly games, virtual team selection
games, virtual sport fantasy league games.
3. To offer “games of skill” on website, mobile platform, television or any other online
media and also to earn a revenue by means of advertising or by taking a percentage of
winnings of game play or charging a fixed fee for membership or for downloading a
game.
4.To carry on the business of buying, selling, reselling, importing, exporting, transporting, storing, developing, promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of goods related to games on retail as well as on wholesale basis in India or elsewhere.

GST Registration of online gaming Company

What’s the companies incorporated we have to apply for GST registration of a company registration of company can also be applied at the time of incorporation also but it is advisable to you first open a bank account the company, infuse initial capital to the company’s bank account and then apply for the GST registration separately as per the needs. If you’re turnover is below threshold limit of 20 lakh rupees you need not to apply, if you wish to take the GST number you can apply so GST, this will also help you to claim input tax credit on the GST paid if you are purchasing and paying for marketing, advertising etc. Or paying for expenses for app development or expenses relating to the server. I think it make sense to apply GST.

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Stamp Duty on Affidavit in Rajasthan

How much stamp duty on affdavit is required to be paid in Rajasthan

Rs. 50 stamp duty is required to be paid on affidavit.

Registration fee for Affidavit

Rs. 200 is a registration fee for document registration of Affidavit with the Sub-registrar office in Rajasthan, However, registration of affidavit is not compulsory and is optional at the option of party to the affidavit.

Source: IGRS

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List of Sub-Registrar Office in Jaipur, Rajasthan

Sub Registrar office is where documents executed are registered by the government office, like if you buying / Selling Property in Jaipur, Rajasthan you are required to get the property deed registered under the office of Sub Registrar, also if you are making a will, Lease agreement than you may registrar these documents at Sub-registrar office. Following are the List sub-registrar office’s in Jaipur, Rajasthan

List of Sub-Registrar Office’s in Jaipur, Rajasthan

Following are the List sub-registrar office in Jaipur, Rajasthan

SR. NO.NAME OF OFFICEFULL TIME S.R.O. / EX-OFFICIO
1Jaipur-I, JDA Main Building, JDA, JaipurSub Registrar
2Jaipur-II, Panjiyan Bhawan, Collectrate, JaipurSub Registrar
3Jaipur-III, Panchayat Samiti Jothwara, JaipurSub Registrar
4Jaipur-IV, Nagar Nigam Office, Lal Kothi, JaipurSub Registrar
5Jaipur-V, Panjiyan Bhawan, Collectrate, JaipurSub Registrar
6Jaipur-VI, Nagar Nigam Office, Chogan Stadium, JaipurSub Registrar
7Jaipur-VII, Chitrakoot Stadium, Vaishali Nagar, JaipurSub Registrar
8Jaipur-VIII, Housing Board Office, Thadi Market, Mansarovar, JaipurSub Registrar
9Jaipur-IX, Near National Handloom, Bani Park, JaipurSub Registrar
10Jaipur-X, Near National Handloom, Bani Park, JaipurSub Registrar
11Amer, Tehsil Office, AmerSub Registrar
12BassiSub Registrar
13ChomuSub Registrar
14DuduSub Registrar
15KotputliSub Registrar
16Sanganer-I, Opp.SBBJ Bank, Nagar Nigam Road, Sanganer, JaipurSub Registrar
17Sanganer-II, Tehsil Office, Sanganer, JaipurSub Registrar
18ChaksuSub Registrar
19MaujamabadEx-Officio
20Jamva RamgarhSub Registrar
21Kishangarh RenwalEx-Officio
22KotkhawdaEx-Officio
23MadhorajpuraSub Registrar
24PhagiSub Registrar
25SambharSub Registrar
26ShahpuraSub Registrar
27ViratnagerEx-Officio
28BagruEx-Officio
29AndhiEx-Officio
30MundotaEx-Officio
31TungaEx-Officio
32JalsuEx-Officio
33AmarasarEx-Officio
34GovindgarhEx-Officio
35ManoharpuraEx-Officio
36PawtaEx-Officio
37KalwadEx-Officio
38Rampura DabriEx-Officio