Sample Service

Business starts with an idea in young mind and passion to achieve. Further, time is spent in trying to understand market, existing competition, availability of manpower, funds, infrastructure, etc. Once the research is complete in positivity, the entrepreneur can fully develop a business idea into a plan of action. He needs to decide the type of entity that will suit his requirement.

It is the most common form of business structure in India and ideal for Start-ups and new venture going for funding.Foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and Shareholders of a Company with Foreign Direct Investment (FDI), therefore incorporating a private limited company is the preferred choice of entry to India for foreign promoters.

Registration of a Private Limited Company in India is governed by The Ministry of Corporate Affairs, and is regulated under the Companies Act, 2013

One Person Company (OPC) is formed with a single entrepreneur who acts as both the director as well as shareholder and registered as corporate entity. If an OPC exceeds a turnover of over Rs. 2 crore or has a paid-up capital above Rs. 50 lakhs, it must be turned into a private or public limited company within six months.

Registration of a Private Limited Company in India is governed by The Ministry of Corporate Affairs, and is regulated under the Companies Act, 2013

LLPs are preferred by Professional Services Firms, Micro and Small businesses that are family-owned or closely-held. LLP is one of the easiest types of business to incorporate and manage in India. LLPs are not capable of issuing equity shares, and therefore should not be chosen for any business that has plans for raising equity funds from Angel Investors, Venture Capitalist or Private Equity Funds. Regulation of LLP is governed by Limited Liability Partnership Act, 2008

Generally partnership form of business structure is ideal for small – medium sized business with minimum compliance requirement.

A Partnership Firm is constituted, managed and operated in accordance with the terms and conditions set out in Partnership Deed, that may or may not be registered

It is an ideal choice for medium and large size businesses that raise capital from the public. Registration of a Private Limited Company in India is governed by The Ministry of Corporate Affairs, and is regulated under the Companies Act, 2013

It is for small traders and merchants that is owned managed and controlled by one person. Sole proprietorship is very easy to start with very minimal regulatory compliance requirement for operating. There is no such thing as registration of proprietorship. These are recognised by other registrations such as Shop & Establishment Registration, GST Registration, etc

A foreign company or a Non resident planning to set up business operations in India can do in following manner: → Incorporate a company under the Companies Act, 2013, as a Joint Venture or a Wholly Owned Subsidiary. → Set up a Liaison Office / Representative Office or a Project Office or a Branch Office of the foreign company which can undertake activities permitted under the Foreign Exchange Management (Establishment in India of Branch Office or Other Place of Business) Regulations, 2000.

India is among the fastest growing economies in the world with plenty of business opportunities, and have access to best human resources in the world. 100% Foreign Direct Investment (FDI) is allowed in under the automatic route in most activities/sectors in India

NBFC Registration MSME | SSI Registration Trust & Societies

Registrations & Licenses are permission issued by the government agencies to individuals and companies to conduct business. In general, company’s business activity and address determines which licenses are required to operate lawfully. We shall review your business activity as well as other factors and advise on the applicable registrations and licenses. We shall help in registration and regular filing of

Any person or entity supplying goods or services in India above the aggregate turnover limit is mandatory required to obtain GST registration

All businesses engaged in any food activities (food manufacturing or processing or packaging or distributing entity) are compulsorily required to obtain FSSAI License under the Food Safety & Standards Act, 2006.

The type of License (Basic, state license, central license) is based on turnover, scale of business and the type of activity. It is 14 digit license number which must be printed on food packages

Professional Tax Registration is required by employers of all businesses, and professionals with salaried employees. The owner of a business is responsible to deduct professional tax from the salaries of his employees and pay the amount so collected to the appropriate government department. Filing is also required to be done regularly

Import Export Code (IEC Code) is required by all business engaged in trading of Goods in and out of India. Businesses can also avail the benefits under schemes like SEIS or MEIS

This is the basic license required by all business entities, including Sole proprietors, shops, commercial establishment, residential hotels to restaurants, theaters and other places of public amusement or entertainment. Every business has to seek approval from Department of Labour and keep up-to-date registers regarding details of employment, fines, deductions and advances, salary and holidays.

The requirements may vary from state to state. Files related to annual holidays and number of employees need to be submitted to the office of the Municipal Corporation annually

It is applicable to business employing 20 employees or more. Voluntary registrations available for lower strengths.

It is applicable to business employing 20 employees or more. Voluntary registrations available for lower strengths.

Trade License is a fundamental license which is very important for any business establishment before starting manufacturing, exchange or storage of any activity/commodity.