Start-up registrations

After company formation in India, several registrations are required under the Indian laws. Since these are normally required at the time of commencement of business, we call it Start-up registrations.

Registrations with various departments of the Government of India are mandatory under the various Indian laws. Some of the mandatory start-up registrations for business in India, for which we provide services are:

• obtaining Permanent Account Number (PAN) under the Income Tax Act
• obtaining Tax Deduction Account Number (TAN) under the Income Tax Act
• obtaining Export Import Code (IEC) number, for export from/import into India of any products/services.
• registration under the Legal Metrology. Generally moratorium of 90 days is granted to new establishments. Read discussion.
• registration of office under the shops and establishments law. It provides for opening and closing hours, weekly holiday, leave with pay etc. Registration shall be applied for within 30 days of establsihment.
• registration under the Profession Tax (for limited companies and directors). Generally moratorium is granted to new establishments.
• registration with the Employees State Insurance, for the welfare of employees.
• registration with the Employees Provident Fund, for the welfare of employees.
• registration with the Service Tax authorities, for service providers
• registration with the Central Sales Tax and Value Added Tax (VAT), for sale of goods in India.

Optional but highly recommended registrations, for which we provide s ervices are:

• Trade Marks and Service Marks
• Copyrights. For example, computer software are not patented in India, but protected under the Copyright law.
• Designs (product designs)

Further depending upon, nature of activities to be carried out in India, various registrations/approvals are required. Our services are availed by entrepreneurs in obtaining registrations/approvals-

• of the Reserve Bank of India, to register as Non-Banking Financial Companies /NBFCs or to commence or carrying on business of non-banking financial services
• if dealing with related party for import into/export from India, registration with Customs authorities
• registration with authorities to specify net weight, MRP etc. if selling products wrapped in packages
• Ministry of Information and Broadcasting, to start a television channel. Even where channel is up-linked from outside India, approval and registration in India is mandatory.

For further questions / discussion you may leave your comments or contact us.