How To Register Small Scale Business In Chennai
In order to keep a regular check on sale and the purchase transactions and tax amounts state governments have made this license mandatory for every business.
How to register small scale business in chennai. Choosing a business entity. Consult with an accountant or attorney to determine which is best for your business. Although many small business owners choose not to do this small scale businesses commonly use legal structures for tax purposes tracking expenses separately and reducing personal liability. 12 steps to start a small business in india. For msme registration click here revised criteria of classification of msmes based on composite criteria in investment and annual turnover reg.
Decide on a business idea. I am sure you will be able to make a solid blueprint and start your small scale business after reading this. Tamilnadu small industries development corporation limited tansidco an undertaking of government of tamilnadu functions with the specific objective of playing catalytic role in the promotion and development of small scale industries and hastening the industrial dispersal throughout tamilnadu. Well to be honest this is a very categorical question hence ideally you should take this question to a professional ca or cs based out of chennai and discuss all your queries in length with them they would be able to add more values to your qu. A private limited company is the best option for a travel agency.
Here are the 12 step plan to start any type of small business idea in india. State business license tax collection is the purpose of every state. 20 best small scale business ideas in chennai tamil india for 2020. The tourists coming to india from different parts of the world never miss to pay a visit to chennai. It is also one of the lucrative small business ideas in chennai.
If you want to scale up slowly then opc and llp will be the best choice. Msme registration udyam registration reg. So you can start a car rental business over there and can expect reasonable profit especially during the months when a great number of tourists visit chennai and other surrounding areas. 10 import export business ideas in india. Awareness on corona virus reg.
Manpower it is the best city in india in terms of availability of any kind of employees chennai is the city with best sources of all kinds of manpower skilled unskilled technically qualified etc. If you want to scale up your business quickly then this is the best choice. Some of the best small scale business to start in chennai are is restaurant business any kind of home services trading in garments etc. You will have your own small business idea. Steps for starting this profitable business in chennai.