How to Legally Structure Your Accelerator or Angel Fund in India
How to Legally Structure Your Accelerator or Angel Fund in India The Shortcut That Almost Cost a Founder His Fund...
A provisional patent is a type of patent application that allows inventors to establish an early filing date for their invention, while they continue to develop and refine their idea.
Unlike a regular patent application, a provisional patent does not require a formal patent claim, formal drawings, or an oath or declaration. It also does not undergo a substantive examination by the patent office.
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Getting a patent for new inventions/processes is a crucial strategy for every business as it is always the rule of first to file. So, the businesses intend to patent their inventions before they are even finalized. This can be done through a provisional patent application. It is one of the most important legal documents while applying for patent registration. It eventually increases the chances of obtaining patent registration when the invention is finalized. It is mainly to secure a priority date over the same invention which may be developed & patented by a competitor.
It must consist of a title and description of the invention. The permanent patent should be filed within 12 months otherwise the application can be abandoned.
Prior Rights | Provisional patent ensures priority for the application of patent against the competitor applying for a patent on the same invention. |
Market Benefits | Provisional patent helps you to assess the market potential for the invention & decide further course of action. |
Step 1: Collecting Information: You are required to send in all the possible details, including potential uses of the invention across industries and likely benefits over existing products.
Step 2: Drafting Application: We will draft the application based on the details you send in & will send you for review in 3-4 working days.
Step 3: Submission: The drafted document will be filed with the Registrar and if accepted, you can use ‘Patent Pending’ on your product any time over the next year.
1. Invention details
2. Authorization letter
A patent application can be filed with the Indian Patent Office. In case the application is filed with provisional specification, then one has to file complete specification within 12 months from the date of filing of the application.
It is not necessary to file a provisional application but it is useful in establishing a priority date for your invention.
If the complete specification is not filed within the prescribed period, the application is treated as deemed to have been abandoned
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Rajesh Khurana2025-06-20Trustindex verifies that the original source of the review is Google. I recently got my trademark registered through Legal Suvidha, and I must say the experience was absolutely seamless. The team was proactive in updating me about every stage of the TM application process and patiently answered all my queries. Highly recommended to any startup or business owner looking for reliable legal and compliance support. Mayuresh Tiwari2025-05-30Trustindex verifies that the original source of the review is Google. I’ve been working with this firm for the past 3 years, and I couldn’t be more satisfied with their services. Their team has consistently provided accurate, timely, and dependable financial and compliance support. A special thanks to Priyanka and Mayank for their dedication, professionalism, and personal attention to every detail. Highly recommended for anyone looking for reliable services! Anjesh s2025-05-26Trustindex verifies that the original source of the review is Google. I've been working with Priyanka and her team at Legal Suvidha for the past 5 years for my LLP, Adornfx Multimedia. They've consistently provided excellent support, especially with ROC filings. Their service is reliable, timely, and hassle-free. Highly recommended! Ravi Kumar2025-05-26Trustindex verifies that the original source of the review is Google. I am delighted to share my experience with Legal Suvidha Firm, where professionalism and dedication shine through in every interaction. Having worked with them for the past 3-4 years, I can confidently say that their team is truly exceptional. The commitment they show to their work is truly commendable; they deliver on every promise made without any hint of fraud or dishonesty, which unfortunately is not the case with many firms in the market today. Their integrity sets them apart and gives clients the peace of mind they need when it comes to legal matters or any other certifications. Moreover, I have found their pricing to be very reasonable and reflect the quality of services provided. They offer excellent value for money, ensuring that their clients receive top-notch legal services without breaking the bank. I highly recommend Legal Suvidha Legal Firm without any hesitation. If you’re looking for a reliable legal partner with a dedicated team that truly cares, look no further than Legal Suvidha. My experience has been nothing short of excellent, and I am confident that others will feel the same! For Talin Remedies Pvt Ltd Ravi Kumar Pratik Jain2025-05-22Trustindex verifies that the original source of the review is Google. One of the easiest firms to work with. Soft-spoken, well aware of their scope of work, and the most affordable (especially for new comers). They're always available to help out giving solutions in the easiest way possible. Got their number from a mentor, and would highly recommend their services if you're looking to start and manage accountancy/compliance related work for your firm! Shweta Patel2025-04-07Trustindex verifies that the original source of the review is Google. Mayank & the Legal Suvidha team are fantastic. They really try to understand the business like insiders and don't give you templatized solutions. The staff are extremely supportive and go out of their way to help you. I would recommend Mayank to anybody new to the startup ecosystem!Verified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
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Here are some answers to potential questions that may arise as you start your business.
Register your business, obtain necessary licenses, and fulfill tax obligations.
Consider factors like ownership, liability, and tax implications to choose from options like sole proprietorship, partnership, or company registration.
Choose a unique business name, obtain required IDs like Director Identification Number (DIN), and file incorporation documents with the Registrar of Companies (ROC).
Obtain GST registration, trade licenses, and any industry-specific permits required to operate legally.
Maintain accurate financial records, file tax returns on time, and adhere to the tax laws applicable to your business.
Yes, startups in India can benefit from various government schemes offering tax exemptions, funding support, and incubation facilities.
Secure patents, trademarks, or copyrights to safeguard your intellectual assets from infringement or unauthorized use.
Challenges include navigating bureaucratic hurdles, complying with complex regulations, and competing in a crowded marketplace.
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