Establishing a new business in India can be a time consuming process, but if you work hard and stay determined, the benefits are often worth it. The first thing you need to do is adjust the exact nature of your goals and develop a business plan - this is important if you are hoping to get funding for your business, and also provides a good basis on which to work.
When you have company policies on how business works, and you've studied the market to determine whether it is a viable proposal or not, it's time to get an identification number of the director. You can fill out an online form, which is to suspend DIN, the Ministry of Corporate Affairs 21 (MCA 21), and this form is then printed and sent with an ID and a photo. This process typically takes less than a week.
Next, you must make sure your company name, so that no one else to begin operations under it. This can be done online, please visit the MCA website for 21 - It 'also possible, you can check the availability of trade names is. Usually, it takes about two days the name of the selected reserve and released for use.
It is also necessary for you to pay stamp taxes on-line, and is a good idea to get a digital signature certificate online. These are the steps for conducting business on the Internet. You can also make the company seal. Although this is not a legal requirement, you must share certificates and other documents questions.
You will also need a tax account number for taxes, which can be obtained by contacting the Assessment Office in the Department Income Tax Mumbai and you can apply online. You will also need to be VAT registered for business tax and health insurance to ensure you have all relevant documents in place.
If you plan to take more than 20 people, you must be registered with the Fund of Employees' Provident Organization. This focuses on companies involved in any of 183 categories of industries and movements of different parts of India except Jammu and Kashmir, and is in place to stop fraud and abuse of the size of the workforce.
Next, you will need to choose some of the services, and think about practical issues - like how to keep the room cool and what kind of power used. Having a reliable power source and a way to maintain the cold temperature and is an important factor if you want the employees to perform their best of their abilities.
When you have company policies on how business works, and you've studied the market to determine whether it is a viable proposal or not, it's time to get an identification number of the director. You can fill out an online form, which is to suspend DIN, the Ministry of Corporate Affairs 21 (MCA 21), and this form is then printed and sent with an ID and a photo. This process typically takes less than a week.
Next, you must make sure your company name, so that no one else to begin operations under it. This can be done online, please visit the MCA website for 21 - It 'also possible, you can check the availability of trade names is. Usually, it takes about two days the name of the selected reserve and released for use.
It is also necessary for you to pay stamp taxes on-line, and is a good idea to get a digital signature certificate online. These are the steps for conducting business on the Internet. You can also make the company seal. Although this is not a legal requirement, you must share certificates and other documents questions.
You will also need a tax account number for taxes, which can be obtained by contacting the Assessment Office in the Department Income Tax Mumbai and you can apply online. You will also need to be VAT registered for business tax and health insurance to ensure you have all relevant documents in place.
If you plan to take more than 20 people, you must be registered with the Fund of Employees' Provident Organization. This focuses on companies involved in any of 183 categories of industries and movements of different parts of India except Jammu and Kashmir, and is in place to stop fraud and abuse of the size of the workforce.
Next, you will need to choose some of the services, and think about practical issues - like how to keep the room cool and what kind of power used. Having a reliable power source and a way to maintain the cold temperature and is an important factor if you want the employees to perform their best of their abilities.
This entry was posted
on Wednesday, November 9, 2011
at 11:44 AM
and is filed under
Starting a New Business
. You can follow any responses to this entry through the
comments feed
.