We at Global India Investments also specialize in helping or assisting in starting new business endeavors. We can guide you through the initialization of the process to the very beginning of your entity as a registered establishment. Although the whole process takes roughly about two months, the procedures can be chartered out in very clear steps. The following are the steps in a nutshell to be followed to make a business entity of you own.
- Day one when you have to obtain a direct identification online from the Ministry of Corporate affairs,
- Retrieving a digital signature certificate through a private agency approved by the ministry of corporate affairs.
- The company name online with the Registrar of Companies (ROC)
- The company documents should be stamped at the State Treasury
- The Certificate of Incorporation should be procured from the Registrar of Companies at the Ministry of Corporate Affairs
- A seal should be made for the company Until here the procedure is done step by step, one after the other, the procedures from now on can be dome simultaneously.
- A Permanent Account Number or PAN card should be obtained from an authorized franchise or an agent appointed by the National Securities Depository Ltd. or the Unit Trust of India (UTI) Investor s Services Ltd., as outsourced by the Income Tax Department
- A Tax Account Number (TAN) should be obtained for income taxes deducted at the source from an authorized franchise or agent appointed by the National Securities Depository Ltd, as outsourced by the Income Tax Department
- Register your business entity with the Office of Inspector, Shops, and Establishment Act
- Get yourself registered for Value-Added Tax (VAT) at the Commercial Tax Office
- Get your Business establishments registered for Profession Tax at the Profession Tax Office
- Get yourself registered with Employees’ Provident Fund Organization
- Get yourself registered for medical insurance at the regional office of the Employees State Insurance Corporation
With this we come to the end of the of the nearly two months long procedures. We have put this for you in the most simple of ways, but this strenuous process needs back up and assistance and that is the area of expertise of Global India Investments.