Aayinimantra

One is encountered with this question very often whether to register a trademark for the business by oneself or to get a lawyer for the same. There are cases when one feels that one can do as good as a lawyer while registering a trademark and the thought of saving the lawyer fees is very tempting. However, this might prove to be counterproductive because the process of trademark registration can be a complicated process at times and any menial mistake after the submission of the application can cost anybody both money and time. On the other hand, that menial mistake could have been easily spotted by the individual and could have made your process smooth and seamless. This article below will take you through the risks of filing the trademark yourself and the need for a lawyer to file your trademark. What are the risks in trademark registration if you do it yourself? There are manifold risks involved in registering the trademark by oneself without the help of any lawyer expert in that

Benefits of being a DIPP Recognized Startup . Exemption from Income Tax The entity registered under Startup India Scheme can avail exemption from payment of income tax for 3 consecutive years out of the first 10 years from the date of incorporation of the entity. To avail this benefit after getting the recognition the Startup has to separately apply to the IMB Inter-Ministerial Board. Exemption from Angel Tax Startups are mainly funded through angel investment. But such investment is taxable. To increase the funding for startups, the government has exempted registered startups from the tax levied on angel investment. The tax exemption is granted up to the total amount of paid-up share capital and share premium does not exceed Rs. 25 Crore after the proposed issue of share. Reduced IPR registration fees The recognized Startup will be eligible to claim a rebate in Trademark and Patent application fees. Such an entity will be able to claim a 50% rebate in Trademark application fees a