How To Register Your Small Business In India

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.

How to register your small business in india. The objective of crafting this article is to provide information about small business registration procedures in india to the entrepreneurs. Choose the right business structure when thinking of registering your company in india. Registering your business with local municipality village administration is mandatory under indian laws. Regardless you are starting a business in manufacturing retailing or service providing you must register your business. Yet it can reap great benefits for both the company and the economy at large.

Can a foreign company register under the startup india hub. Registration may seem like a long exhausting process and a lot of people are often confused about what documents are required or what exactly the whole process entails. Registration of a small business in india is voluntary not compulsory. It will be easy for the business to claim against any of the infringement or maltreat or misuse acts. Acquire digital signature certificate dsc the information technology act 2000 has provisions for use of digital signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically.

Starting a small business in india requires spare at home or a shop stall workshop or office. Make sure you are able to effectively communicate your business idea to the investor and the sustainability of your business model. The first step is to acquire a digital signature certificate dsc and a director identification number din from the ministry of corporate affairs. If a small business gets registration will reap the complete legal benefits. The civic body or gram panchayat will give permits to operate your business from area under its jurisdiction.

However there are different govt authority for specific types of licensing needs. Establishing a new business seems like a challenging proposition. Four major steps to register a company startup in india. Incorporate your business before you can register as a contractor and bid for contracts in india you would need to first register your business with the ministry of corporate affairs. In india there are 8 types of business organizations that you must select based on your business goals.

With many entities looking to set up enterprises there are a few things to consider when you re going for registering your business in india.