How to Register a Blog as a Business?

 

You would register a firm that runs a blog if you wanted to make money from your blog. 

 

A blogging business must first register as a Pvt Ltd company, LLP, solo firm, etc.

 

 You don't necessarily have to choose a Pvt Ltd Company or LLP. You can instead operate a straightforward Sole Proprietor, which is the ideal legal entity for testing your ideas. 

 

Although trademark registration for blogs is not required in India, it does provide several advantages.

 

Types of Business Registration

 

Sole Proprietorship

 

Establishing a blogging business as a single entity? 

 

The best way to proceed is by registering as a Sole Proprietor and opening a current account. After that, apply for service tax registration (GST Registration). 

 

To complete your service tax registration, you must have a valid PAN card, voter ID or Aadhaar card and proof of your place of business like a rental agreement or No Objection Certificate from the landlord.

 

Partnership Firm

 

If your blogging business has two or more founders, you may opt to register it as a partnership firm. 

 

This is an effective way to ensure that the rights of all parties involved are respected and secure.

 

To register a partnership, it is required to create and execute a legal agreement. For identity proof, a PAN card must be presented. 

 

With these documents in hand, the blogging company can open a current account at any eligible bank in their name.

 

Private Limited Company (Best Business Structure for Business)

 

If you plan to register as a private limited company with two or more founders, then in addition to forming a partnership firm, this is also an option.

 

Establishing a business can be costly, but if your goal is to make it grow big, it is best to apply for Pvt Ltd Company registration online. Investing upfront can pay off in the long run as it provides you with more opportunities.

 

LLP (Limited Liability Partnership)

Registering a blogging company as a private limited company can be more expensive and come with more liability, making it an unattractive option for those with a tight budget. 

 

An alternative that is becoming increasingly popular to consider is registering the business as an LLP, which has fewer startup costs and less liability.

 

For its registration, a Director Identification Number (DIN) need to be obtained along with a digital signature of registered partners. 

 

Check for the availability of the name and the filing of the Incorporation and Subscription document. Lastly, an LLP agreement needs to be formulated.

 

One Person Company

Even though a One Person Company provides a sole entrepreneur with the ability to conduct business with Limited Liability protection, having an OPC (One Person Company) does come with some restrictions.

 

For example, an OPC must name a director in the memorandum of association (MOA) or articles of association (AOA), who will become the owner in case the promoter director is unable to continue.

 

A One Person Company must be converted into a Private Limited Company if its annual turnover exceeds Rs.2 crores, after which it's mandatory to submit the audited financial statements to the Ministry of Corporate Affairs at the end of each Financial Year.

 

Consequently, it is essential for entrepreneurs to evaluate the characteristics of an OPC prior to forming it. This can ensure they make the most appropriate & beneficial decision.

 

Steps to Register a Private Limited Company in India

 

Step 1: Get a Digital Signature Certificate (DSC)

 

To get your private limited company up and running, the first step is to acquire a Digital Signature Certificate (DSC) for all relevant directors. This certificate will allow you to sign any e-forms in an efficient, secure and legally binding way.

 

The Information Technology Act, of 2000 introduced the use of Digital Signatures on electronic documents in order to guarantee their security and legitimacy. 

 

Digital Signatures make it easier for business owners to send documents electronically while still ensuring the protection of their confidential data.

 

Submitting documents electronically with DSC (Digital Signature Certificate) is a safe and reliable method. It is also mandatory for all directors in the company to have their own DSC for authentication purposes.

 

Step 2: Filing of MoA, AoA and SPICe INC-32 Form

 

After getting your DSC, you must ensure your firm's name is certified on the MCA Portal. To do this, go to 'MCA Services' and select 'Check Company Name'.

 

When selecting a company name, make sure that it is not the same as an existing brand. 

 

There are two options available to gain approval for your desired name:

 

• The run approval process is a great way to check if the name you want is available or not. Unfortunately, once it's submitted, you won't be able to resubmit it without having to pay an extra fee of Rs. 1000 for each submission. If your name gets rejected, however, you can always try again by paying the fee.

 

• Incorporating a company has been made much simpler and faster with the introduction of the SPICe INC-32 form. This is the go-to option for most companies, who need to include the MoA (INC-33) and AOA (INC-34 along with it). With this form, incorporating your business has become hassle-free and quick.

 

 

Step 3: Receive the Incorporation Certificate

When the Memorandum of Association and Articles of Association are approved, you will be issued an Incorporation Certificate indicating the date your company is established.

 

It typically takes around two weeks to register a Private Limited Company, although the time frame may vary depending on the individual case. 

 

 

Conclusion

Starting a blog can be a great way to make money, but it's important to remember that it is still a business. To ensure the success of your blog, you should register it as a business and follow the necessary steps to protect yourself and your profits. 

 

It includes doing company registration online, obtaining the proper licenses and permits, getting insurance, and filing taxes. Taking these steps will help ensure that your blog is successful and profitable for years to come.