How To Register Small Scale Business In India
This may thus differ from state to state and the rules and regulations but some are common register business name the first and foremost step is registering your small business under a fictitious name.
How to register small scale business in india. Registration and license requirement. The objective of crafting this article is to provide information about small business registration procedures in india to the entrepreneurs. Next step in setting your small business in india is getting it registered and made it legal. There are varies types of option available in india to set up a company llp and private limited company are most common. File for digital identification number din and digital signature certificate.
Setting up a small business entails you to procure a permanent account number pan and taxpayers identification number tin. Msme registration is not mandatory but a preferable alternative to reap all the benefits given to micro small and medium scale enterprises. Getting a pan and tin number is relatively easy. If you want to start a small scale business the in india you need to follow the following steps. Small business ideas in india.
Registration process is divided into two provisional and permanent. Good morning u have given a such good ideas about small scale business but already they r running in most of areas usually they r going on good position getting profits but most of them doing same business in different areas but starting a new thes business giving competition to them its not that much easy now a days everyone r following marketing ideas online marketing but now it s. Get yourself tax registered. If you are looking to do a scalable business which you are undoubtedly aiming. Get the memorandum and articles of association maa documents signed by the promoters.
These are issued by the income tax department. List of items exclusively reserved for small scale sector can be found here 2. Items not covered can be found here. 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. However there are different govt authority for specific types of licensing needs.
Licenses from various state and central governments are mandatory when launching a small business. If a small business gets registration will reap the complete legal benefits. Regardless you are starting a business in manufacturing retailing or service providing you must register your business.