Showing posts with label book name of company. Show all posts
Showing posts with label book name of company. Show all posts

May 8, 2009

Relationship between Domain Name Registration and Company Name Registration


A blogger, in a comment to a previous post about the legal process to set up your company, asked with respect to the name registration through Form 1A and later on Form 1, the following:
Another issue is to register your domain name over www under W3C.Mean when we register our company then MCA(Ministry of company affairs), provide a domain name for our company or we need to process it by our own.
If yes,then when we get the authorization to register a domain name directly after getting
Apply for ROC for the name of company or After the submission of form 1,8,and 32.
Maybe it makes sense that we would like the domain name of our web-site to be the same of our company, however, it is not a requirement and many times, because of lack of availability, it won't be possible. Thus, I really think the best is to register your domain name as soon as possible, without waiting for your Company Name registration, and even less, waiting for the Company Incorporation.

What you could do to make sure that they somehow match is to use for your domain name, only the main word or the acronym. For instance, my company is Encyclomedia Communication and Marketing Pvt. Ltd. Certainly, I would not have tried calling my web-site www.encyclomediacommunicationandmarketing.com: who would remember that?

I tried getting www.encyclomedia.com, or .co.in, but wasn't available. So, I chose www.ecam.co.in which is the acronym for the full name of the company.

Imagine my Company Name had been rejected... I don't really think it would have been a big problem. In the worst of cases, I would have setup another domain (even if totally different) and re-direct it towards the IP where www.ecam.co.in is stored. But by that time, there would already be more visitors than I would have had if I had never opened the web-site, thus I would have more prospect clients from the very beginning.

Apr 15, 2009

Start working ASAP

At my post Legal process to start the company, I had said the following:
When setting up a new business you would like to start giving your service or selling your product immediately so as to begin receiving returns very soon. And it is in deed possible (at least that's what I did)...
And Chitra, a reader of the blog, said in a comment at Final Submission to register your company:
You are right in some sense but clear me one thing if we r going to develop a software company or some what a web development company,then do u think it is possible to start the service(or starting a project)exactly before registration of the firm.
Or in general, for a product based firm it will be tough to set up the machinery before any legal process.
I guess there are two options.

One is dedicate yourself full time to do the process of setting up the company. This way, the process will be quicker and you will perhaps do it better because you will be fully concentrated on it. However, there will be quite a few idle times because you will be just waiting for some of the approvals.

The other option is to work as if the company already existed. You can work in a sole proprietorship basis (which does not require any legal work). Or you can associate with another already setup company which belong to a friend and do the services through that. Or you can start offering the service to clients, invoicing them, if required, in a personal basis, as a professional does. Or you can just tell your clients that you are about to open the Pvt. Ltd. ("I'm just waiting for the final approval") and you will send the invoice at that time. There are countless things you can do.

Besides, during this time, since you are starting, you can have a main focus on the marketing. The only fear could be that you build brand name of a company for which you are not yet the owner, but I think there is little to fear in this respect. You can check availability of the name in the MCA web-site, and besides you will get the approval for the booking of the name (form 1A) in just a few days or maximum weeks. I don't think there are very high probabilities of loosing the name (perhaps the full name yes, but not the main keywords).