i-VANTAGE Business Hub
Terms of Use – Business Setup Desk
The following Terms of Use govern all services offered under the Business Setup Desk at i-VANTAGE Business Hub. By availing any service, the member agrees to the terms mentioned below.
1. Scope of Services
The Business Setup Desk provides professional assistance for:
- Company Registration
- LLP Registration
- GST Registration
- PAN & TAN Registration
- MSME Registration
- Startup India Registration
- Import Export Code (IEC)
- Trademark Registration
- Business Licenses & Approvals
- Business Bank Account Assistance
The scope of service is limited to professional consultation, documentation, application preparation, submission, coordination, and follow-up with the relevant authorities.
2. Professional Fees vs Government Charges
Membership covers only the professional services specifically included under the applicable membership plan.
The following charges are not included and shall be payable by the member at actuals wherever applicable:
- Government filing fees
- MCA fees
- GST registration charges levied by authorities
- Stamp duty
- Digital Signature Certificate (DSC) charges
- Director Identification Number (DIN) fees
- Name reservation fees
- Trademark filing fees
- Licensing fees
- Municipal charges
- Notary charges
- Courier charges
- Third-party vendor charges
- Any statutory or regulatory fees imposed by Government authorities
3. Processing Timelines
i-VANTAGE commits to initiating and submitting complete applications within a reasonable time after receiving all required documents.
Approval timelines are controlled entirely by Government departments, statutory authorities, banks, and regulatory agencies.
i-VANTAGE does not guarantee any specific approval date or processing timeline.
4. Government Approvals
Approval, rejection, resubmission, clarification requests, inspections, or delays are solely at the discretion of the concerned Government authority.
i-VANTAGE shall not be responsible for delays arising due to:
- Government portal downtime
- Department backlog
- Public holidays
- Regulatory changes
- Officer availability
- Manual verification
- Inspection requirements
5. Accuracy of Information
Members are responsible for providing:
- Accurate information
- Valid documents
- Updated identity proofs
- Correct address proofs
- Authentic business information
Any delay or rejection resulting from incorrect, incomplete, expired, or inconsistent documentation shall be the sole responsibility of the member.
6. KYC & Verification Requirements
Certain registrations may require:
- Aadhaar Authentication
- Video KYC
- Physical verification
- Biometric verification
- Director verification
- Personal appearance before authorities
These requirements are determined by the respective authority and cannot be waived by i-VANTAGE.
7. Company Name Availability
Approval of a proposed company or LLP name is subject to the Ministry of Corporate Affairs.
i-VANTAGE cannot guarantee approval of any specific business name.
If a proposed name is rejected, alternative names may need to be submitted.
8. GST Registration
GST registration approval depends upon the GST Department.
The department may request:
- Additional documents
- Physical verification
- Aadhaar authentication
- Clarifications
- Site inspection
i-VANTAGE cannot guarantee approval of any GST application.
9. Virtual Office Address
Where a Virtual Office address is used, acceptance of the address remains solely at the discretion of the concerned Government authority.
Any additional documentation, inspections, or clarifications requested by tax authorities shall be provided subject to availability and applicable charges.
i-VANTAGE does not guarantee GST approval solely because a Virtual Office facility has been provided.
10. Business Licenses
Certain business licenses may require:
- Site inspections
- Fire safety approvals
- Pollution clearances
- Health department approvals
- Municipal permissions
- Industry-specific compliance
Obtaining such approvals may require the member's active participation and additional documentation.
11. Bank Account Opening
i-VANTAGE may facilitate introductions to partner banks.
However, approval of a business bank account is entirely at the discretion of the concerned bank.
The bank may:
- Reject the application
- Seek additional documents
- Conduct physical verification
- Perform enhanced KYC
- Require further compliance
i-VANTAGE cannot guarantee bank account approval or activation timelines.
12. Membership Coverage
Unless specifically mentioned otherwise, Business Setup services apply to one legal entity per membership contract.
Additional companies, LLPs, proprietorships, partnerships, branches, or sister concerns shall be treated as separate assignments and charged accordingly.
13. Existing Businesses
Membership benefits apply to new assignments undertaken after commencement of membership.
Rectification of historical non-compliance, pending statutory filings, litigation matters, penalties, notices, or legacy legal and tax issues shall be treated as separate professional assignments and billed independently.
14. Trademark & Intellectual Property
Trademark registration is subject to:
- Availability of the proposed mark
- Trademark classification
- Government examination
- Objections
- Oppositions
- Applicable laws
i-VANTAGE does not guarantee trademark approval or registration.
15. Service Limitations
Membership includes only the services expressly stated under the applicable membership plan.
Any additional work arising due to:
- Multiple revisions
- Change of business structure
- Additional documentation
- Government objections
- Resubmissions
- Appeals
- Legal representation
- Complex advisory
may attract additional professional fees.
16. Third-Party Services
Certain services may be delivered through empanelled professionals, including Chartered Accountants, Company Secretaries, Advocates, Consultants, Banking Partners, and Government-authorized agencies.
i-VANTAGE acts as a facilitator and coordinator for such services.
17. Member Responsibilities
The member agrees to:
- Submit complete documentation on time.
- Respond promptly to clarification requests.
- Cooperate during verification and inspection processes.
- Make all statutory payments before prescribed deadlines.
- Provide truthful and lawful information.
18. No Guarantee of Approval
i-VANTAGE provides professional assistance and coordination only.
No guarantee is provided regarding:
- Company incorporation
- GST registration
- Trademark registration
- Business license approval
- Startup India recognition
- IEC approval
- Bank account approval
- Any Government approval or certification
All approvals remain subject to applicable laws and the discretion of the respective authority.
19. Modification of Services
i-VANTAGE reserves the right to modify, update, replace, or discontinue any service, process, partner, or membership benefit without prior notice, subject to applicable law.
20. Acceptance of Terms
By availing any Business Setup Desk service, the member confirms that they have read, understood, and agreed to these Terms of Use and acknowledge that Government processes, statutory timelines, and third-party approvals are beyond the control of i-VANTAGE Business Hub.