Registrations / Licenses

Starting your business can seem overwhelming. What do you need to do? Where should you start? To guide you through the process, we have developed specialized team of experts which provide you guidance right from formation, registration, finance till the time u need us.When a person desires to start a business or any new venture, he needs to comply with several procedures and formalities. He goes through several registration formalities like registration with Income Tax, Service Tax, VAT, PAN etc. All there registration requires time and money.

Different Registrations
Obtain director identification number (DIN) online from the Ministry of Corporate Affairs portal (National)
Obtain digital signature certificate online from private agency authorized by the Ministry of Corporate Affairs (National)
Reserve the company name online with the Registrar of Companies (ROC) (National)
Stamp the company documents at the State Treasury (State) or authorized bank (Private)
Get the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate Affairs (National)
Make a seal (Private)
Obtain a Permanent Account Number (PAN) from an authorized franchise or agent appointed by the National Securities Depository Ltd. (NSDL) or the Unit Trust of India (UTI) Investors Services Ltd., as outsourced by the Income Tax Department (National)
Obtain a Tax Account Number (TAN) for income taxes deducted
Register with the Office of Inspector, Shops, and Establishment Act (State/Municipal)
Register for Value-Added Tax (VAT) at the Commercial Tax Office (State)
Register for Profession Tax at the Profession Tax Office (State)
Register with Employees’ Provident Fund Organization (National)
Register for medical insurance at the regional office of the Employees’ State Insurance Corporation (National)

In many situations, whether the business is big or small, operators need to secure legal authorization in the form of a business license to carry out entrepreneurial activities in a city or state. It is important to note that regulations governing licensure will vary from state to state; in some cases it will even vary from county to county or city to city. Individuals planning to step out as entrepreneurs are left to ponder; when is a business license needed?

Each license contains its own special requirements which may include fees, certifications, insurance and exams. Thus the first step is to recognize the industry of your business and contact the appropriate department in your state for information about regulations; this information is easily found on line. Be sure to check authoritative resources.

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