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Trust Registration

India is one of the most populous countries in the world, with over 1.3 billion people residing within its borders. Also, this population growth has resulted in an increased demand for online services, including those that offer best trust registration company in Delhi. However, due to India’s complex and varied legal system, registering a trust can be a challenging task. In this article, we will discuss how to register a trust in India using the country’s official online services. We will also help you understand the importance of hiring specialist services for this purpose.

If you are looking for Trust Registration in Delhi which involves several steps, including drafting a trust deed, selecting trustees, and submitting necessary documents to the Registrar of Trusts, Lex N Tax Associates will help you. This process ensures that the trust is legally recognized and can operate smoothly within the legal framework. It is essential for anyone looking to establish a charity trust, mandir trust or private trust registration in the capital to understand these requirements thoroughly.



Trust Registration Online
Online Trust registration company in Delhi is the formal process of registering a trust. A trust is a legal entity that two or more people can create to manage their assets and carry out their wills. Further, the trust can then be registered with the government of India. As a result, this makes it easier for people to access their trust assets. In addition, one can also register with other countries if it has assets outside of India.

The Indian Trust Act of 1882 sets the rules for all registered trusts in India and makes sure they follow the law. Most people think of the trust as a legal arrangement in which the trust’s owner gives the property to the trustee (a.k.a. beneficiary). But, the objective of the trust is to ensure the seamless transfer of the trustor’s assets among the beneficiaries as per the clauses cited in the trust deed.

A trustee, who is chosen by the grantor, is in charge of running the Trust and giving the assets to the people the grantor chooses as beneficiaries when the trust is set up. In India, the trust is often given to an heir, a family member, or a charity.

Trusts can be used to cut taxes, make probate easier or avoid it altogether, and protect assets.

There are various types of Trust in India, such as;

  • Revocable
  • Testamentary
  • Irrevocable
  • Charitable
  • Spendthrift
  • Special needs
But, from a broader perspective, Trusts in India can be categorized as –

1.  Public Trust
It is a trust, and the general public is one of its beneficiaries. A Public Trust can also be split into a Public Religious Trust and a Public Charitable Trust.

2.  Private Trust
A private trust is one that has families or individuals as its beneficiaries. A Private Trust can also be broken up into:

Private Trusts – whose beneficiaries and the amount of money they need to get can both be figured out.
Private Trusts – it can’t be figured out who the beneficiaries are or how much they should get.
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Society Registration

A society is a group of people who agree to think about, decide on, and work together for everyday things. So, societies consist of patterns of connections called “social relations." These exist between people who have the same culture and institutions. Moreover, one can think of a society as the sum of all the relationships between its members. For example, people usually set up societies to support good causes. This can include education, health, the environment, the arts, religion, culture, music, sports, etc.

Lex N Tax Associates is a society registration company in Delhi offering firm and society registration, cooperative society registration, housing society registration, new society registration, resident welfare association registration, welfare society registration services to its clients in Delhi, India.



Best Society Registration Services In Delhi

Usually, the rules require seven or more people to start a society. However, people from India are not the only ones who can sign up. Companies, foreigners, and other registered societies can also do so.

One may or may not register as a society, just like Partnership firms. But only registered societies can hold on to properties allotted to them. Moreover, only they can have a lawsuit filed against or by the society.

State governments are in charge of keeping track of society registration. So, one must make the application for a society to be registered with the right authority. This means in the state where the society’s registered office is.

For Society registration, the group’s founding members must first agree on the group’s name. Then they work on the Memorandum and Rules and Regulations.

Understanding the Process

1. Choosing a Name
According to Society Act 1860, suppose you want to register a society. Then you can’t use a name that is the same or similar to the name of a society already registered. Also, the proposed name shouldn’t imply that the state government or the government of India supports it. In addition, it shouldn’t violate the Emblem and Names Act of 1950.

2. Memorandum of Association
The Memorandum of Association and the Rules and Regulations of the society must be signed by every founding member. In addition, a Gazetted officer witnesses this, Notary Public, Chartered Accountant, Oath Commissioner, Advocate, Magistrate first-class, or Chartered Accountant with their official stamp and full address.

The name of the group and what it wants to do must be in the memorandum. It also has information about the members of the society. This includes their names, addresses, titles, and occupations. Then, one must turn in the signed Memorandum and Rules and Regulations. In addition, they need to pay the required fee to the State’s Registrar of Societies. Finally, if the Registrar is happy with the Society Registration Application, they will certify that the Society is registered.
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IEC Registration

IEC Registration is a mandatory requirement for any company that wants to sell its products in India. This registration ensures that the product complies with Indian law and that only safe products are sold in the country. If you are looking for IEC registration in Delhi which is vital for businesses involved in international trade, granting them a unique Importer Exporter Code, Lex N Tax Associates will help you by offering these services at very low price. This code streamlines customs clearance and facilitates import and export activities. The process includes submitting the required documents and application to the Directorate General of Foreign Trade (DGFT).

Every Indian business owner engaged in international trade must obtain a special 10-digit code known as an import-export code.  The code is granted by the DGFT of the Ministry of Commerce and does not require any paperwork or renewals. Importers need IEC in order to transfer funds to foreign banks and clear customs. In order to make international shipments and bank transfers, exporters need an IEC. To sum up, in India, no importer or exporter may legally do business without first obtaining an IEC.



Online IEC Registration
Getting an Import Export License online begins with the registration process. The DGFT government portal is online, where one can register.

Lex N Tax Associates is a leading firm offering a wide range of services such as Import Export Code (IEC), Export House Registration, Trademark Registration, Company Incorporation, and Tax Consultancy Services. We are located in Delhi, India, and have been serving our clients for the last few years with excellent results.

We are one of the most reliable firms in this industry. We have gained immense popularity among our customers due to our professional approach towards work and timely completion of projects.

Importance of Import Export Code

1. International Market Unlocks: 
Products can enter the global market since the IE Code is required by import and export companies. The IE code facilitates the entry of Indian companies into the worldwide market, which in turn provides new opportunities for development and progress.

2. Online Registration: 
Finding the IE Code is a simple, paperless, and quick process that may be done entirely online.

3. Less Document Requirement: 
Only a few basic documents are needed in India to apply for and receive an IE Code. The following is a list of the paperwork you’ll need to apply for an Import Export Code.

  • PAN of the applicant
  • Canceled Cheque
  • Passport size photo of the applicant
  • Address proof of the applicant
4. Lifetime Validity:
The registration for an IE Code lasts as long as the company does. As a result, submitting new information or renewing your Import Export Code registration is trouble-free. The IE registration will remain in effect for as long as the company is operational or until it is canceled.

5. Reduces Illegal Goods Transportation: 
Providing genuine details is the primary condition of the Import-Export code. It is impossible to get the IE code without the right information. As a result of this criterion, contraband cannot be shipped.

6. Benefits of the Schemes: 
There are many advantages to using the IE code for both importers and exporters. Businesses that have registered with the Customs and Export Promotion Council or similar agencies will be eligible to receive subsidies from such agencies.

LUT registration under GST allows exporters to avoid incurring taxes on their shipments overseas. If taxes are paid before export, the exporter may be eligible for a refund of those taxes.

7. Compliance:
The individual doing the importing or exporting is exempt from having to comply with any yearly filing or return filing requirements that are part of other types of tax registration.
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MSME Registration

Top MSME Registration company in Delhi is a program that enables micro, small and medium enterprises (MSMEs) to register with the government for tax benefits, loans, and other incentives. This program is an important part of the Indian government’s strategy to promote entrepreneurship. It helps MSMEs become more competitive and profitable by providing them with financial assistance and other benefits.

If you want to apply MSME certificate online which is a straightforward process that begins with registering on the Udyam Registration portal, Lex N Tax Associates will help you. Business owners need to fill in comprehensive details about their enterprise, such as the type of business, investment in plant and machinery, and turnover. Required documents, such as Aadhar and PAN cards, are uploaded to complete the application. This online certification grants access to numerous government benefits, including subsidies, low-interest loans, and tax exemptions.



Top MSME Registration Company In Delhi 

The success of a country’s economy is directly tied to the success of its small business sector. India’s government has implemented several programs to assist micro, small, and medium-sized enterprises (SMEs) in thriving and expanding.  You must register as an MSME in order to participate in any of these programs. Udyog Aadhaar and Small and Medium Enterprise (MSME) Registration are other names for top MSME registration company in Delhi.

Top MSME Registration company in Delhi, Apply for a loan online by visiting a lender’s website and filling out the application form completely and accurately. In the near future, a selected representative from the loan provider will get in touch with you to discuss the many possible outcomes for your loan and the solutions that might be the greatest fit for your needs.

Lex N Tax Associates is a professional services firm offering a range of tax consultancy, accounting, and corporate secretarial services to businesses in India. We are committed to delivering high-quality professional services while maintaining a personal relationship with our clients.

We have worked with small and medium-sized enterprises (SMEs) from various industries, including construction, manufacturing, retail, healthcare, etc., helping them with their taxes as well as accounting. Our team comprises highly qualified professionals with years of experience working in the public and private sectors.

MSME Classification

The current MSME classification used to be determined by the amount of money spent on fixed assets like machinery and equipment.

This means that small and medium-sized enterprises (SMEs) must restrict their spending in order to qualify for MSME advantages.

As a result of these restrictions, they lost motivation to expand their operations. There was also a long-standing call for the MSME categorization to be updated so that businesses may grow while still receiving MSME benefits.

The Aatmanirbhar Bharat Abhiyan (ABA) recently introduced composite investment and yearly turnover criteria to the government’s updated MSME classification.

Under the MSME definition, the division between the manufacturing and services industries was also eliminated. The following is the latest version of the MSME categorization, which takes into account investment and yearly turnover to determine whether or not a company qualifies as an MSME.

The original scope of Top MSME registration company in Delhi included just the production and service sectors.

However, the government announced in July 2021 that the wholesale and retail trade would be included in the MSME classification, meaning that businesses in the wholesale and retail trade, with the exception of the sale of motor vehicles and motorcycles, would be eligible to apply for MSME registration Online in Delhi.

Therefore, manufacturing, service, wholesale, and retail businesses are welcome to apply for MSME status.
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FSSAI Registration

The Food Safety and Standards Authority of India (FSSAI) was created with an aim to serve the people of India, particularly the country’s food sector. To be registered with FSSAI, businesses have to go through a lengthy registration process – this involves submitting paperwork and product samples for review. Luckily, Lex N Tax Associates can help you streamline this process so that you don’t have to worry about it anymore and you complete the whole best FSSAI registration company in Delhi within minutes!

If you want to apply for a FSSAI license which involves submitting an online application along with required documents to the Food Safety and Standards Authority of India, Lex N Tax Associates will help you. This license ensures food businesses comply with safety standards and regulations, enabling them to operate legally and maintain consumer trust.



FSSAI License Registration Process

The Food Safety and Standards Authority of India (FSSAI) is responsible for the safety and quality of food products in India. The best FSSAI registration company in Delhi process is used to register food manufacturers, importers, and exporters in India.

The registration process begins with submitting an application to the FSSAI. The applicant must provide information about the company, product, and registration procedures. The FSSAI then reviews the application and decides whether to register the company. If the company is approved, it will be required to submit additional information, pay fees, and comply with other requirements.

The FSSAI registration process can be complicated but with Lex N Tax associates you can complete it without any hustle. And it is important for companies to complete it if they want to sell food products in India.

Food License Apply Online

It’s mandatory for anyone to have an best FSSAI registration company in Delhi if they are involved in the food business. This includes manufacturers, distributors, manufacturers, food packagers, and sellers of food products.

The Food Safety and Standards Authority of India (FSSAI) is a government agency that monitors food businesses under the guidelines and regulations listed in the FSSAI Act. If you’re interested in registering with FSSAI, there are a few important things to keep in mind. First, you’ll need to make sure that you have all of the necessary best FSSAI registration company in Delhi. Second, you’ll need to create an account on the FSSAI website and complete the registration form. Third, you’ll need to provide FSSAI with your contact information and other relevant information. Then you have to pay FSSAI registration fee to proceed.

The FSSAI registers food safety management systems (FSMSs)in accordance with the internationally recommended requirements of ISO/IEC Guide 54. The FSSAI also verifies the conformity of food with applicable food safety standards. In addition, the FSSAI conducts scientific research on food safety issues and disseminates its findings to stakeholders through its various publications such as the “Food Safety Science Journal”.

To register with the FSSAI, an organization must meet certain requirements: 

  • The organization must be registered with the Indian Registry of Companies.
  • The organization must have a valid food safety management system registration number from the FSSAI.
  • The organization must have an existing customer base.
  • The organization must have a physical presence in India.
  • best FSSAI Registration company in Delhi
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ESI Registration

If you are looking for ESI registration in Delhi which is mandatory for businesses employing more than ten workers, providing them with health and social security benefits under the Employees' State Insurance scheme, Lex N tax Associates will help you. The process involves submitting required documents and applications to the Employees' State Insurance Corporation (ESIC). This registration ensures employees receive medical care, insurance, and other benefits, enhancing workplace welfare and compliance.

You will also need to provide contact details for two people who can act as your authorized representatives if something happens to you before you reach the age of 70. These people can also authorize payments on your behalf if required. Finally, you will need to provide details of any employers that you have worked for in the past.



ESI Registration

Best ESI registration company in Delhi is a government scheme that provides financial assistance to eligible members of the general population. The scheme provides financial assistance to individuals, families and small businesses. 

ESIC is an insurance company which provides insurance to employees in the form of PF and EPF. The ESIC Act was passed to help provide insurance for employees in the event of unemployment or sickness.

EPF (Employees' Provident Fund) and ESIC (Employees' State Insurance Corporation) registrations are mandatory for businesses in India with employees. These registrations ensure employees' financial security through provident fund contributions and health benefits under the ESIC scheme. Employers must complete the registration process and regularly contribute to both funds to comply with labor laws and ensure employee welfare.

Eligibility for ESIC Registration

  • Be aged 18 years or above.
  • Have an annual income below Rs 20,000 (annual salary) or Rs 2 lakh (net worth) in case of a family member or small business proprietor, whichever is less.
  • Not be in receipt of any other form of social security benefits.
  • Not have a disability that Interferes with work or education.
The ESI scheme is a social security and self-financing scheme which helps workers get free health benefits by contributing to the state’s coffers. It helps employees, their families, and retired people when they are sick or disabled with medical coverage and funeral reimbursement. However, employers that have more than ten employees usually need to become part of the scheme in some states.

The Employee State Insurance (ESI) Act of 1948 governs the ESI plan and allows it to be administered by a government body. The ESIC is an actionable body created to administer the perimeters of the ESI law. In India, all activities with respect to the ESI plan are governed by this independent corporation.

To get compensated with the proper benefits, ESI recognition must be a legal requirement for employers who have more than ten employees and earn a maximum salary of Rs. 21,000 p.m. By getting ESI recognition, workers are guaranteed with monetary benefits as well as health and welfare subsidies from their employer.

ESI Schema

This is an arcane term describing a social security scheme, where the insured employee and their family members are covered in case of sickness, disability, injury, or death caused by accidents in the course of employment. The plan focuses on providing medical facilities for both employees and their family members involved.

ESIC Code

An ESIC code number is a unique 17-digit identification number issued to every establishment. Employers may generate their own ESIC numbers, or they may be assigned by Social Security Officers. ESIC stands for Employees State Insurance Corporation. Benefits of ESIC include comprehensive medical benefits, including dependents, because it’s easy to use the best ESI registration company in Delhi  at different ESI hospitals and dispensaries, and any payments made will be compensated or reimbursed. In addition, it takes into account the needs of the disabled.
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