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Explore Registrationkraft’s Business blog posts to learn about the business laws, terms used in the business world and more.
The pre-packaged commodities are products that are packed without the purchaser being present. Such commodities are governed by the Legal Metrology Act, 2009. Under the Act, importers of pre-packaged commodities must obtain the LMPC license. However, this license alone is not enough. Importers also need Import Export Code (IEC) registration, GST registration and business registration. […]
Under the Delhi Legal Metrology Rules, CM Rekha Gupta-led Delhi Government has introduced major reforms. The requirement for periodic license renewals for manufacturers, dealers and repairers of weights and measures has been removed. Additionally, to make the licensing process for licenses fully digital, the government plans to introduce a mobile application. Earlier, before granting licenses, […]
When it comes to international trade, a Certificate of Origin (COO) is inarguably one of the most important documents. It officially certifies that goods in a shipment are wholly obtained, produced, manufactured or processed in a particular country. If a product is manufactured in India and exported to another country, the Certificate of Origin in […]
A company is a business entity incorporated under the Companies Act, 2013. There are various types of companies that entrepreneurs can register in India like private ltd companies, public ltd companies, one person companies and section 8 companies. If you are a business owner who is planning to register a company in India for business […]
A Trade License is a legal permit issued by the local municipal corporation/authority in the state where the business operates. It is required for most commercial activities. Whether an individual wants to open a small retail shop, restaurant, bakery, manufacturing unit, pharmacy or gym, obtaining this license is essential. It ensures compliance with municipal regulations, […]
Starting a new business is an exciting journey, and one of the very first steps in that journey is choosing a name for your startup. Your startup name is not just a combination of words—it represents your identity, your vision, and the promise you make to your customers. In a rapidly growing entrepreneurial ecosystem like […]
If you are an FMCG distributor dealing in products like soaps, snacks, beverages, or daily essentials, understanding Distributor ROI is very important. In the FMCG business, margins are low, but investments in stock and credit are high. That is why calculating ROI helps you know whether your distribution business is profitable. This guide explains how […]
The Samvardhana Motherson International Limited, popularly known as the motherson company, is one of India’s top multinational companies in the automobile sector. Today, it supplies important car parts to big brands across the world. But its story began very simply—with a small family business. How the Motherson Company Started The motherson company was founded in […]
Samay Raina is one of India’s most exciting digital entertainers today. He is known for mixing stand-up comedy with chess streaming, something very few creators have successfully done. At just 28 years old, he has gone from being an engineering dropout to a massive online star. His popularity keeps growing, especially because of viral moments […]
Myntra is one of India’s most popular online fashion platforms. From selling customized gifts to becoming a fashion giant, Myntra has come a long way. In this article, we will explore who owns Myntra, how it started, who founded it, its leadership, and its financial position in simple and easy language. Ownership of Myntra in […]