Now this is one question I have come across very frequently from our trak.in visitors, especially NRIs and foreigners who want to come to India to start their own Business.
So I thought it would be a great time to put across detailed procedure on how to Start Business in India, along with the duration it will take to start your own business in India, the costs involved, the paperwork involved and procedures for starting a company in India.
Please bear in my mind that these are standard procedures and are applicable in most cities in India, however, some in some cities there are some additional (or lack of) processes that you will have to find out.
The steps given below are for incorporating a Business in the city of Mumbai.
Steps involved in starting business in India
Registration Requirements:
| No: | Procedure | Time to complete: | Cost to complete: |
|---|---|---|---|
| 1 | Obtain director identification number (DIN) online from the Ministry of Corporate Affairs portal (National) | 1 day | INR 100 |
| 2 | Obtain digital signature certificate online from private agency authorized by the Ministry of Corporate Affairs (National) | 3 days | INR 1,500 |
| 3 | Reserve the company name online with the Registrar of Companies (ROC) (National) | 2 days | INR 500 |
| 4 | Stamp the company documents at the State Treasury (State) or authorized bank (Private) | 1 day | INR 1,300 (INR 200 for MOA + INR 1,000 for AOA for every INR 500,000 of share capital or part thereof + INR 100 for stamp paper for declaration Form 1) |
| 5 | Get the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate Affairs (National) | 5 days | INR 14,133 (see comments) |
| 6 | Make a seal (Private) | 1 day | INR 350 (cost depends on the number of seals required and the time period for delivery) |
| 7* | Obtain a Permanent Account Number (PAN) from an authorized franchise or agent appointed by the National Securities Depository Ltd. (NSDL) or the Unit Trust of India (UTI) Investors Services Ltd., as outsourced by the Income Tax Department (National) | 7 days | INR 67 (INR 60 application fee + 12.36% service tax + INR 5 for application form, if not downloaded) |
| 8* | Obtain a Tax Account Number (TAN) for income taxes deducted at source from the Assessing Office in the Mumbai Income Tax Department | 7 days | INR 57 (INR 50 application fee + 12.36% service tax) |
| 9* | Register with the Office of Inspector, Shops, and Establishment Act (State/Municipal) | 2 days | INR 6,500 (INR 2000 + 3 times registration fee for trade refuse charges) |
| 10* | Register for Value-Added Tax (VAT) at the Commercial Tax Office (State) | 12 days | INR 5,100 (registration fee INR 5000 + stamp duty INR 100) |
| 11* | Register for Profession Tax at the Profession Tax Office (State) | 2 days | No cost |
| 12* | Register with Employees’ Provident Fund Organization (National) | 12 days | No cost |
| 13* | Register for medical insurance at the regional office of the Employees’ State Insurance Corporation (National) | 9 days | No cost |
| * Takes place simultaneously with another procedure. | [Source] | ||
source
Detailed Steps and Explanation of procedure to start Business in India
Procedure 1.
Obtain director identification number (DIN) online from the Ministry of Corporate Affairs portal (National)
Time to complete: 1 day
Cost to complete: INR 100
Procedure:The process to obtain the Director Identification Number (DIN) is as follows:
1. Obtain the provisional DIN by filing application Form DIN-1 online. This form is on the Ministry of Corporate Affairs 21st Century (MCA 21) portal. The provisional DIN is immediately issued.
The application form must then be printed and signed and sent for approval to the ministry by courier along with proof of identity and (address):
a. Identity proof (any of the following): Permanent Account Number card, driver’s license, passport, or voter card;
b. Residence proof (any of the following): driver’s license, passport, voter card, telephone bill, ration card, electricity bill, bank statement;
2. The concerned authority verifies all the documents and, upon approval, issues a permanent DIN. The process takes about 4 weeks.
Procedure 2.
Obtain digital signature certificate online from private agency authorized by the Ministry of Corporate Affairs (National)
Time to complete: 3 days
Cost to complete: INR 1,500
Procedure: To use the new electronic filing system under MCA 21, the applicant must obtain a Class-II Digital Signature Certificate. The digital signature certificate can be obtained from one of six private agencies authorized by MCA 21 such as Tata Consultancy Services. Company directors submit the prescribed application form along with proof of identity and address. Each agency has its own fee structure, ranging from INR 400 to INR 2650.
Procedure 3.
Reserve the company name online with the Registrar of Companies (ROC) (National)
Time to complete: 2 days
Cost to complete: INR 500
Procedure: Company name approval must be done electronically. Under e-filing for name approval, the applicant can check the availability of the desired company name on the MCA 21 web site.
The ROC in Mumbai has staff members working full time on name reservations (approximately 3 but more if the demand increases). A maximum of 6 suggested names may be submitted. They are then checked by ROC staff for any similarities with all other names in India.
The MCA receives approximately 50-60 applications a day. After being cleared by the junior officer, the name requests are sent to the senior officer for approval.
Once approved, the selected name appears on the website. Applicants need to keep consulting the website to confirm that one of their submitted names was approved.
In practice, it takes 2 days for obtaining a clearance of the name if the proposed name is available and conforms to the naming standards established by the Company Act (1 day for submission of the name and 1 day for it to appear on the MCA website).
Procedure 4.
Stamp the company documents at the State Treasury (State) or authorized bank (Private)
Time to complete: 1 day
Cost to complete: INR 1,300 (INR 200 for MOA + INR 1,000 for AOA for every INR 500,000 of share capital or part thereof + INR 100 for stamp paper for declaration Form 1)
Procedure: The request for stamping the incorporation documents should be accompanied by unsigned copies of the Memorandum and Articles of Association, and the payment receipt.
The company must ensure that the copies submitted to the Superintendent of Stamps or to the authorized bank for stamping are unsigned and that no promoter or subscriber has written anything on it by hand. The Superintendent returns the copies, one of which is duly stamped, signed, and embossed, showing payment of the requisite stamp duty. The rate of stamp duty varies from state to state.
According to Article 10 and Article 39 of the Indian Stamp Act (1899), the stamp duty payable on the Memorandum and Articles of Association for company incorporation in Mumbai, Maharashtra, is as follows:
a. Articles of Association: INR 1000/- for every INR 500,000/- of share capital (or part thereof), subject to a maximum of INR 50,000,000;
b. Memorandum of Association: INR 200;
c. Form-1 (declaration of compliance): INR 100.
Once the memorandum and articles of association have been stamped, they must be signed and dated by the company promoters, including the company name and the description of its activities and purpose, father-"s name, address, occupation, and the number of shares subscribed. This information must be in the applicant’s handwriting and duly witnessed.
Procedure 5.
Get the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate Affairs (National)
Time to complete: 5 days
Cost to complete: INR 14,133 (see comments)
Procedure: The following forms are required to be electronically filed on the website of the Ministry of Company Affairs:
e-form 1; e-form 18; and e-form 32.
Along with these documents, scanned copies of the consent of the initial directors, and also of the signed and stamped form of the Memorandum and Articles of Association, must be attached to Form 1.
The fees for registering a company can be paid online by credit card or in cash at certain authorized banks. One copy of the Memorandum of Association, Articles of Association, Form 1, Form 32, Form 18 and the original name approval letter, consent of directors and stamped power of attorney must be physically submitted to the Registrar of Companies. The certificate of incorporation is sent automatically to the registered office of the company by registered or rush mail.
The registration fees paid to the Registrar are scaled according to the company’s authorized capital (as stated in its memorandum):
a. INR 100,000 or less: INR 4,000. If the nominal share capital is over INR 100,000, additional fees based the amount of nominal capital apply to the base registration fee of INR 4,000:
b. For every INR 10,000 of nominal share capital or part of INR 10,000 after the first INR 1,00,000, up to INR 500,000: INR 300;
c. For every INR 10,000 of nominal share capital or part of INR 10,000 after the first INR 500,000, up to INR 5,000,000: INR 200;
d. For every INR 10,000 of nominal share capital or part of INR 10,000 after the first INR 5,000,000, up to INR 1 10,000,000: INR 100;
e. For every INR 10,000 of nominal share capital or part of INR 10,000 after the first INR 10,000,000: INR 50.
The payment of fees can be made:
1. offline: one can upload all incorporation documents and generate the payment challan. Against this challan, the applicant must obtain a demand draft for filing fees amount in favour of -" the Pay and Accounts Office, Ministry of Corporate Affairs, New Delhi" and this demand draft is payable in Mumbai. The applicant must make the payment at specified branches of certain banks. It takes around one week for clearance of payment. Only after the clearance of payment does the ROC accept the documents for verification and approvals;
2. online: the applicant makes the payment by credit card and the system accepts the documents immediately. Please note that in Mumbai, the ROC requests for pre-scrutiny of documents for any corrections, before they are uploaded. Once the documents have been uploaded, they can then be approved without any further correction. The online filing mechanism requires only one copy of scanned documents to be filed (including stamped MOA, AOA, and POA).
Schedule of Registrar filing fees for the articles and for the other forms (l, 18, and 32):
a. INR 200 for a company with authorized share capital of more than INR 100,000 but less than INR 500,000;
b. INR 300 for a company with nominal share capital of INR 500,000 or more but less than INR 2,500,000;
c.INR 500 for a company with nominal share capital of INR 2,500,000 or more.
Procedure 6.
Make a seal (Private)
Time to complete: 1 day
Cost to complete: INR 350 (cost depends on the number of seals required and the time period for delivery)
Procedure: Although making a company seal is not a legal requirement for the company to be incorporated, companies require a seal to issue share certificates and other documents. The cost depends on the number of words to be engraved, the number of seals required, and the time period for delivery. The cost can range from INR 300 to INR 500.
Procedure 7.
Obtain a Permanent Account Number (PAN) from an authorized franchise or agent appointed by the National Securities Depository Ltd. (NSDL) or the Unit Trust of India (UTI) Investors Services Ltd., as outsourced by the Income Tax Department (National)
Time to complete: 7 days
Cost to complete: INR 67 (INR 60 application fee + 12.36% service tax + INR 5 for application form, if not downloaded)
Procedure: Under the Income Tax Act, 1961, each person must quote his or her Permanent Account Number (PAN) for tax payment purposes and the Tax Account Number (TAN) for depositing tax deducted at source. The Central Board of Direct Taxes (CBDT) has instructed banks not to accept any form for tax payment (challan) without the PAN or TAN, as applicable. The PAN is a 10-digit alphanumeric number issued on a laminated card by an assessing officer of the Income Tax Department.
In order to improve PAN-related services, the Income Tax department (effective July 2003) outsourced their operations pertaining to allotment of PAN and issuance of PAN cards to UTI Investor Services Ltd, which was authorized to set up and manage IT PAN Service Centers in all cities where there is an Income Tax office. The National Securities Depository Limited (NSDL) has also launched PAN operations effective June 2004, setting up TIN Facilitation Centers.
The PAN application is made through the above mentioned service centers using Form 49A, with a certified copy of the certificate of registration, issued by the Registrar of Companies, along with proof of company address and personal identity. A fee of INR 60 (plus applicable taxes) applies for processing the PAN application. IT PAN Service Centers or TIN Facilitation Centers will supply PAN application forms (Form 49A), assist the applicant in filling out the form, collect filled-out forms, and issue an acknowledgement slip. After obtaining PAN from the Income Tax department, UTIISL or NSDL as the case may be, will print the PAN card and deliver it to the applicant.
The application for PAN can also be made online but the documents still need to be physically dropped off for verification with the authorized agent. For more details see(www.incometaxindia.gov.in , www.utiisl.co.in , and www.tin.nsdl.co.in )
Procedure 8.
Obtain a Tax Account Number (TAN) for income taxes deducted at source from the Assessing Office in the Mumbai Income Tax Department
Time to complete: 7 days
Cost to complete: INR 57 (INR 50 application fee + 12.36% service tax)
Comment: The Tax Account Number (TAN) is a 10-digit alphanumeric number required of anyone responsible for deducting or collecting tax. The provisions of Section 203A of the Income Tax Act require that all persons who deduct or collect tax at the source must apply for a TAN. The section also makes it mandatory for the TAN to be quoted in all tax-deducted-at-source (TDS) and tax-collected-at-source (TCS) returns, all TDS/TCS payment challans, and all TDS/TCS certificates issued.
Failure to apply for a TAN or to comply with any of the other provisions of the section is subject to a penalty of INR 10,000/- . The application for allotment of a TAN must be filed using Form 49B and submitted at any TIN Facilitation Center authorized to receive e-TDS returns.
Locations of TIN Facilitation Centres can be found at www.incometaxindia.gov.in and http://tin.nsdl.com The processing fee for both applications (a new TAN or a change request) is INR 50 (plus applicable taxes). After verification of application, the same is sent to the Income Tax Department and upon satisfaction the department issues the TAN to the applicant.
The national government levies the income tax. Since outsourcing, any authorized franchise or agent appointed by the National Securities Depository Services Limited (NSDL) can accept and process the TAN application. The application for a TAN can be made either online through the NSDL website (www.tin-nsdl.com) or offline.
Upon payment of the fee by credit card, the hard copy of the application must be physically filed with the NSDL.
Procedure 9.
Register with the Office of Inspector, Shops, and Establishment Act (State/Municipal)
Time to complete: 2 days
Cost to complete: INR 6,500 (INR 2000 + 3 times registration fee for trade refuse charges)
Procedure: A statement containing the employer-"s and manager-"s names and the establishment’s name (if any), postal address, and category must be sent to the local shop inspector with the applicable fees.
According to Section 7 of the Bombay Shops and Establishments Act,-(1948), the establishment must be registered as follows: – Under Section 7(4), the employer must register the establishment in the prescribed manner within 30 days of the opening of the business. – Under Section 7(1), the establishment must submit to the local shop inspector Form A and the prescribed fees for registering the establishment. – Under Section 7(2), after Form A and the prescribed fees are received and the correctness of the statement on the form is satisfactorily audited, the certificate for the registration of the establishment is issued on Form D, according to the provisions of Rule 6 of the Maharashtra Shops and Establishments Rules of 1961.
Since the amendments in the Maharashtra Shops and Establishment (Amendment) Rules, 2003 dated 15th December 2003, the Schedule for fees for registration and renewal of registration (as per Rule 5) is as follows:
a. 0 employees: INR 100;
b. 1 to 5 employees: NR 300;
c. 6 to 10 employees: INR 600;
d. 11 to 20 employees: INR 1000;
e. 21 to 50 employees: INR 2000;
f. 51 to 100 employees: INR 3500;
g. 101 or more employees: INR 4500.
Hence in the given case the registration fees would be INR 2000, as there are 50 employees In addition, an annual fee (three times the registration and renewal fees) is charged as trade refuse charges (TRC), under the Mumbai Municipal Corporation Act,-(1888).
Procedure 10.
Register for Value-Added Tax (VAT) at the Commercial Tax Office (State)
Time to complete: 12 days
Cost to complete: INR 5,100 (registration fee INR 5000 + stamp duty INR 100)
Procedure: Beginning April 1, 2005, the sales tax was replaced by the VAT, which requires registration by filing Form 101.
The authorized representative signing the application must be available at the Sales-Tax Office on the day of application verification. The applicant goes to the Sales-Tax Office and up to the registration counter. The clerk at the counter verifies that the applicant has all the required documents and gives the applicant a token (waiting number). After a short wait, the applicant-"s number is called and the applicant approaches the desk of a sales-tax officer.
There, all the information on Form 101 is manually entered into the system by the officer. Within 10 minutes, the system generates a Tax Identification Number (TIN) Thereafter, the company is considered fully registered to pay taxes. However, the applicant must wait between 10 and 15 days to receive the VAT registration certificate by mail.
In addition to Form 101, other accompanying documentation includes:
1) Certified true copy of the memorandum and articles of association of the company;-
2) Proof of permanent residential address. At least 2 of the following documents must be submitted: copy of passport, copy of driver’s license, copy of election photo identity card, copy of property card or latest receipt of property tax from the Municipal Corporation, copy of latest paid electricity bill in the name of the applicant;-
3) Proof of place of business (for an owner, in the case of Doing Business): Proof of ownership of premises viz. copy of property card, ownership deed, agreement with the builder or any other relevant documents;-
4) One recent passport-sized photograph of the applicant;-
5) Copy of Income Tax Assessment Order with PAN or copy of PAN card;-
6) challan on Form No. 210 (original) showing payment of registration fee at INR 5000 (in case of voluntary RC) and INR 500 (in other cases).
The whole process will be put online by the spring of 2009. This means that rather than physically having to go to the office, companies will fill in all their details online for Form 101 and then go to the office only so that the Sales Tax Office can verify the above listed-documentation.
Procedure 11.
Register for Profession Tax at the Profession Tax Office (State)
Time to complete: 2 days
Cost to complete: No cost
Procedure: According to section 5 of the Profession Tax Act, every employer (not being an officer of the government) is liable to taxation and shall obtain a certificate of registration from the prescribed authority. The company is required to apply to the registering authority using Form 1.
The registration authority for the Mumbai area is located at Vikarikar Bhavan, Mazgaon in Mumbai.
Depending on the nature of the business, the application should be supported with such documents as proof of address, details of company registration number under the Indian Companies Act (1956), details of the head office (if the company is a branch of company registered outside the state), company deed, certificates under any other act, and so forth.
Procedure 12.
Register with Employees’ Provident Fund Organization (National)
Time to complete: 12 days
Cost to complete: No cost
Procedure: The Employees Provident Funds and Miscellaneous Provisions Act (1952) applies to an establishment, employing 20 or more persons and engaged in any of the 183 industries and classes of business establishments, throughout India excluding the State of Jammu and Kashmir.
The applicant fills in an application and is then allotted a social security number. The Provident Fund registration focuses on delinquent reporting, underreporting, or non-reporting of workforce size. Provident Fund registration is optional if the workforce size is not more than 20. The employer is required to provide necessary information to the concerned regional Provident Fund Organization (EPFO) in the prescribed manner for allotment of Establishment Code Number. No separate registration is required for the employees.
Nevertheless, all eligible employees are required to become members of the Fund and individual account number is allotted by the employer in the prescribed manner. As per an internal circular, the code number is to be allotted within 3 days of submission, if the application is complete in all respects. However, in many cases applicants have received the intimation letter with the code number in 12 to 15 days. An online application facility is not provided so far.
Procedure 13.
Register for medical insurance at the regional office of the Employees’ State Insurance Corporation (National)
Time to complete: 9 days
Cost to complete: No cost
Procedure: Registration is the process by which every employer/factory and every paid employee is identified for insurance purposes and their individual records are set up for them.
As per the Employees’ State Insurance (General), Form 01 must be submitted by the employer for registration. It takes 3 days to a week for the Employer Code Number to be issued. The-" "intimation letter""- containing the Code Number is mailed to the employer and that takes an additional couple of days.
The Employee-"s individual insurance is a separate process that is initiated upon the employer-"s registration. The employer is responsible for submitting the required declaration form and employees are responsible for providing correct information to the employer. The employee temporary cards (ESI Cards) are issued on the spot by the local offices in many places.
The temporary cards are valid for 13 weeks from the date of the employees’ appointment. It takes about 4 to 5 weeks to get a permanent ESI card.
We also did a series of posts about the legal information of doing business in India in a 4 part series. Here are those articles that you may find extremely useful in your quest to do business in India.
Comments
You need to add the under the table price also…….You can not get it done any of the above documents…without the kickback……Shame on Indian netas……
You are right John…corruption has been such worst thing in INdia…absolutely nothing happens without it. You may want to see a post on INdian Bribery and corruption posted just couple of days back..
More than the netas, it is the bureaucracy that is to be blamed.there is little to nil corruption in ministry of corporate affairs for things like company formation.
Vinesh Jeyaraj
Director
Vinning Corporate Services Pvt. Ltd.
This article is really useful. I’m planning to start a business. But i dont have any idea which business to start. But this article helps.
Sathish hv you got the plan, which business to start? I hv the best ideas but unfortunatly not enough money to get rid over the plan…so searching a best partner . if you’ll intrested i ‘ll available
Vivek,
I can bring in the support based on idea and its prospects. I am intrested in starting some business, if you have few ideas, we can examine together.
Thanks
jagan, u can contact to me on facebook or orkut- vivekku3@gmail.com
Dear Vivek
If you want to start new bussiness so we can help you in that
Thanks and Regard
Harish
9868000935
hai my name is sukumar
i am just complited my b.tech i want do business can you contact through this mail later we will discuss
thanq u
hi do u wanna partner to start business
hi vivek , im sachin from mumbai i do hav a good running business .but now i want to start a new 1 , so can u suggest me any idea about it . or else if just give a missed call from ur no i will definately call u . 09422493107
what are the basic & most important information to be followed to start up a new business…wht bussiness should i start????????????????????????
I always have a keen interest to start up my own business with a small size initially but afraid of taking a step ahead. I have a Retail business in mind but seeking a start with minimal cost involved in it.
Kindly give some of your valuable thoughts into this situation or mail me your ideas. I would highly appreciate.
we have a biz plan
idea behind is pool the money from different ppl and trade in one account legally. if you are interested let me know
Hi wilson,
If you really think your idea is bug free and have potential to survive in the India market, then please contact me on my gmail id… credobyteinfosystems@gmail.com
Thanks Arun. This is very useful information. Deepak Shenoy had also written a post about starting a company couple of years back. Maybe your readers would be interested in that link too –
The link did not come – http://tropicalmanager.blogspot.com/2007/06/starting-company-in-india-regulatory.html
Abhilash, Thanks for the link, that was quite informative…
Excellent info. Thanks a ton.
really Informative!
Very useful Arun. Good job.
Thanks for the great post. Very useful and more importantly transparent information.
Thanks for the very informative article. This information collated from numerous sources is well organized and more importantly transparent. Just wanted to bring to the attention of everyone of a new proposal in the 2009 budget.
http://start-business-india.blogspot.com/2007/11/india-one-person-company-proposal.html
great post.
in this connection http://www.companiesinn.com is an interesting site to refer
Very comprehensive indeed ! Of course I wish it were more simpler ! :)
Excellent post, Arun. Very informative indeed.
I wish India in future comes up as an even more attractive destination to do (or to start) business getting rid of this much red tape.
Thanq for above information.
This is useful for newly started business persons
Dear Arun,
This is a very helpful article. We will very much like to publish it on our business directory http://www.ypages.in with your permission of course. It will be of immense benefit to our visitors and we will be happy to accord a credit line to you.
Look forward to your permission regarding the same.
Thanks and regards,
Sumit
Hi, Go ahead, You can reproduce the article, but give complete credit line, Also, I would prefer that you reproduce it partially and link it to original article here
Dear Arun,
Thaks for doing this extraordinary job.Information given below is very useful for new guy who dont know how to start new bussiness.I got big knowdleg from this artical.Thanks ones again.
Sir i want to start an educational institute in rajasthan. I want to know about procedure and total capital to invest in the project. also o want project report
hello
I am a web designer i want start a web designing company in cochin. how i register trade mark in cochin?
hello,
i want to start a new small scall business . if any idea please share with me.
Dear Arun,
I want to start a ayrvedic hospital in nashik(maharashtra). it will have all the ayurvedic procedures including panchakarma…(like balaji Tambes in Lonavala)
I request to kindly focus some light on legal requirements to start and manage anything like this…….
As per my plan, i will expand this as a chain of such centers in various cities….
Waiting for your reply….
sir
i want to start a scrap bussiness in local in visakhapatnam(andhra pradesh) what are the differnet license should be obained to start a scrap business and how could i get tell me brieflfy and totalcost of the process and send it to my emil adress.
waiting for u replt
I am doing a research on part time business oppurtunities in India. Please do let me know if you have some good sources of Information.
Excellent info. Appreciate your thoughtfulness.
Dear Arun,
On second thoughts, I would invite you to add city specific info as well for other cities like Bengaluru, Ahmedabad, Hyderabad, Chennai, Pune.
A lot of people are interested to setting up businesses in India and linking it up to existing companies abroad.
Thanks again for being so very thoughtful, With Regards and Best wishes.
Hello Sir,
I am from Andhra Pradesh. I want to start a new company. Related to Polymors or Printed Circuit Board manufacturing. Can you please suggest the procedure from starting to ending. i.e how to start a company and what the profiles should submit and where to submit. Please reply me soon. Thanking you
Thank you very much for such valuable information. Hope these details procedure would be helpful to start new business.
Thank You Once again !!
Thank you so much for the information. I was searching for last one hr for this info and bingo, now I know everything in a min.
One request- wuld you please provide info on registration of different types of companies in india. for e.g. LLC, partnership or hedge fund type entities.
thanks,
ajay
excellent information…..we wanna open company in Pune….any good agents please?
Hello Arun,
You have posted some very valuable information regarding doing business in India.
I am Canadian citizen (born in India) and am interested in doing business in India. I do not have any Indian papers (left India when I was a child) and am wondering if I can incorporate a business in India with having Canadian ID’s and address. Also, do I need a special permit for food business (cafe)?
Look forward to your reply.
Thanks and regards,
Shehla
If your are interesting in pune city for food business i am realy help you
hi ahmed,
how about i want to start my business in mumbai, can u guide with the investors in food business , and licences and permit required to open such thing
How about you guys help me to setup food business in coimbatore. Can you guide me to the place where can I get the complete information. Thanks.
We introduce ourselves as Mumbai based professionals who specialize in Business Set-up; formation of Companies, firms , Limited Liability Partnerships etc. We operate in most Indian states. We have extensive experience in this field and would gladly assist anyone interested in setting up a Company in India.
Contact ca.bhavesh.savla@gmail.com for a free brochure on Company Formation.
Best regards
Bhavesh Savla.
It’s really informative for those who are willing to initiate a startup. And you have presented it very clean and crisp.
Great resource, btw, also check out eLagaan’s Startup Resource and KB for some cool india related information
I am planning to start a construction company in chennai. Can you brief the procedure for it.
wonderful indepth guide,, thank you very much,, you saved my life,,
I am a British citizen can I start business in India, what do i need to provide?
Mo,
Can you give more details about the business to be started in India at ca.bhavesh.savla@gmail.com
Hi MO,
its very good that u have to start a bussiness in India.
as u know Telecom is a field of Success and growth in this Period.
if u want to establish a company in telecom , please contact me.
as i have my company in india a very small scale. but want to expand my comapny in internatinal market.
i have all setup plan about project and minimum investment projects .
please call me at +91 9004099684 or P.shailesh29@gmail.com
it’s very helpful for guys like us who want to start a buisiness of their own without telling anything to their parents. Am an M.B.A student
Hi,
I am Pramod compleated MBA (HR) wanted to start a bussiness but, not decided what to do. If you have any good business please suggest me.I m waiting for reply.
Thanking You,
Pramod Kumar.
9470372367
i was also looking for the buisness . i’m from surat. i want to start diomand buisness in surat. suggest your view & idea .
Hi Arun, I must say you did excellent job. We are about to start a venture soon and I don’t follow all law jargons sited on either Government help pages or some private websites. You made this cumbersome procedure “Easy to follow” and put it down for everyone to understand how simple it is. Step by step instructions with “How to perform/execute” respective mandatory actions are in simple language but complete with all respect. Thanks so much. Keep writing. :-) Harshul
I am glad Harshul that you found it useful…This is precisely the reason why we publish such reference article which make life easier for the readers !
hi, guide me how to start a jewellary making buisness and I wanna register it as an ngo also .
plz help me because I have to start it soon
Hi Arun,
Thank you, for our conversation, we are in the process of finding someone to help set up a sewing business in Delhi. Your assistance would be greatly appreciated.
Thank you again,
John Gray 830 589 7505
Thanks Arun !!!
This is such a useful information for everyone who want to start the business in India , Thanks for sharing !!!!
Thanks Arun, for the basic & most important information to be followed to start up a new business in India.
I always have a keen interest to start up my own business with a small size initially but afraid of taking a step ahead. I have a Retail business in mind but seeking a start with minimal cost involved in it.
Kindly give some of your valuable thoughts into this situation or mail me your ideas. I would highly appreciate.
Thanks in advance..:)
9718101001
Hi Arun,
Thank you very much its a very useful information.
hello sir , dr rajan gupta punjab, wanna to open health retail chain in india with motto “no one should die without medicineand doctor “i know how to reduce the cost of medical treatment and how to start in smll way to big way ,as like apollo and fortis , in these hospital some unethical practices also going ,i worked in fortis also.can we start with international companies in inda , i had plans to share with right person ,have a good day , dr rajan gupta .punjab ,09419637997
Hi arun
Information you gave is useful. it would be more useful, if sector wise license requirement is also updated. any way, thanks a lot.
Hi all,
I’m going to start 1MW biomass power plant in tamilnadu, india. The turnover of this business in excellent. If any one willing to start with the same. pls feel free to call me at any time. mails4vimal@gmail.com & Mob: 0091-9600507020. I’ll provide all my project details with the cash floww analysis.
Regards,
Vimal
i have land. can arrange finanance. provide me all details, let me see if it could help me to strart it in orissa.
with love
rajnikant misrha
Which place your land.Call me-9040225161.
Really a very good and useful article. Check out this http://moneymakingthought.blogspot.com/2010/10/10-initiatives-to-make-money.html
Hi,
Anyone can help me start a business in MUMBAI.
Looking for decent business with minimum investment ( around 2 lacks) .
Regards,Syed
Dear Iftekhar
Salaam
I have read your text and have good intentions to help/set up a business as per your objective. Yes! You can start a decent small interesting business in Mumbai or even Pune. The business with a capital of 2 lakhs could be surely possible a perfume business which will generate good capital revenue in short time.
I have a 18 years perfume background from middle east and have a very good concept in hand to explore only with good people who are agressive in business and looking for a bright future and grow with the growing business.
You can look at returns of 2 lakhs to 3lakhs in 3months time by all means.
If you are interested in a small business in perfumery glamerous industry, Please get in touch with me. (2) the other option is to ba a franchise of my fast food joint name as ‘Hotspot’ we are making and selling Pizza, Veg and Non veg Burgers, Hotdogs, french fries and fried chicken
My email id is akilsayyed2010@yahoo.com and my contact no is:9096678825
Sayyed Akil
9096678825
Hey….
Your number is not valid…the same number is available in your website shoppinglane…let me know if you have a new number.
FAO…I am from Hyderabad and looking for a business oppportunity with limited capital (1-2 lacs)…Let me know if there are any opportunities (ideas) that one can look at in this market…food business is definitely an option if you can manage people…let me know if any one is interested.
Thx
Nayeem
8885559181, staindsk@gmail.com
Hey..
Mr. Arun…Thank U Very much…
U’ve done a great job 4 us…
Dis info is very important 2 me…i was looking 4 it..
& Pls keep us updated through ur posts….
I AM Indian my offics in mumbi city india
I Inforation all business and goverment offices ,gov rules schemes …………
mail- goldenpowerin@gmai.com
grt post arun thanks for such a important information.
i really appreciate if u write about online business norm in india.
Regards
parag
Dear Parag,
What is it that u wish to know about online business in India?
CA. Bhavesh Savla
bhavesh@cabks.in
very useful info…. you should keep helping people like this… to get free sms of cricket just send ‘join cricketing’ on 9870807070…. thanks dear,,,
Dear Sir,
Please put more light on “procedure 4′ . I am was not able to understand it clearly. Thanks in advance.
BTW you did a very helpful job. Thanks again..Peace!
Hi,
I am based in Bangalore. I am an upcoming enterpreneur.
I am in the process of launching my E-commerce website shortly.
I have done the necessary domain registration as well.
However I would like to register it (in government records)as a business so as to adhere to all the rules concerning E-commerce sites as per Indian rules so that the financial transactions on the site are as finance rules..
Does your firm provide service in this regard.
Since this is a startup, I would be running it myself in the beginning. Hence I call it a business and not a company.
So do give me details.
Gopal
Bangalore 35
Hi Gopal,
I am also interested in starting up an e-commerce site. Would be glad to share any information i have. Did you get any details btw?
regards,
Sandeep
Hi Sandeep.
I was unable to get any information on the net about the E-commerce Registration.
Every website details different regisration rules for the same type of startups.
The closest I come to is getting Certificate of Incorporation from the Registrar of Companies. But I believe it is a costly affair and certainly not inteneded for startups with bare minimum funds.
Perhaps someone can guide further.
However as I have done website domain registration for my website and know a little about web design I can be of help to you if required.
Gopal.
(gopal.bengaluru@yahoo.com)
I have the same question as Gopal above. Is the procedure for starting an online retail store the same as mentioned above?
your amazing unloader, hats off
hey I am from mumbai I am looking to start steel buisness .so can u help me regarding it .about the pre-investment stage i.e. from the foundation .i u can approach me then contact on ntcool2000@gmail.com
hey I am from mumbai I am looking to start steel buisness .so can u help me regarding it .about the pre-investment stage i.e. from the foundation .i u can approach me then contact on ntcool2000@gmail.com
Thank you Dear Sir for Giving Better information to all of us
Hello ,
I am a consultant in the field of various Acts for the benefit of the employees in an organization.(Provident Fund, Retirement,Pension,Maternity,Taxes,Super Annuation,etc).. anyone requires help can reach me…
: company registration services in india, company formation services in india, company incorporation services in india, business set up india, business registration consultants in india.
I have a design company in the USA, I am considering to open an office in India because I have customers from all over the world who need design work done and I can’t handle making this company too big from here with raising cost of US payroll, but I will need to understand how everything works, how much money to start total, how much employees get paid, office space costs, tax percentage, and all details.
Feel free to email me: info [at] websitedesignbyadam.com if you have any details or would like to help.
Hi adam,
did you get a reply for this comment ?
i am in almost the same situation as yours .
regards
rakul
Hi,
Currently, I am providing a management consultancy service under the structure of LLP. However, starting next month, I plan to open my retail shop ( a small one) which will carry clothes and fashion items.
Name of my LLP: AceStar Management Consulting LLP.
Name of my shop: UniqueCreation
Is it possible to have a company named AceStar Management Consulting LLP and have the shop name UniqueCreations?
Appreciate your response.
vimalmsharma@gmail.com
At present i am in UAE, i am in art and craft, hobby, toys for kids, office and school stationery business. Want to return to pune and start my own business in mumbai or pune, any body having local experience and want to join hands, pls mail me.
Thanks.
Sanjay,
Just ensure that you check out the Residency status before starting a business as retail trade is not allowed for the Non-residents.
i want to start small scale company of instrumentation and electrical services. now what to do? and how can i start?
please give me suggestion.
@Gautaum
You can start with first understanding the capital requirements for the first few years and making arrangements for the same.Then you can go for the registration process. If you want to go for a proper incorporation process, then dont go for a private limited company. But you can go for a Limited Liability Partnership (LLP) Firm which is best situated for a start up and small and medium businesses
sir,
i would like to start a small software ferm,please guide me,as i am new and have very minimum budget to invest.
thanking you
abhishek sahu
Dear Sir,
My Name Om Prakash Rana, and I would like to start a small bpo company in Loni, Gzb, U.P, Pls help me.
Thanks & Regards,
Om Prakash Rana
@Gautam and @Om Prakash,
Kindly prepare some financials modelling which will estimate the capital required for the same. and then , if you want to incorporate, decide if you want a private limited company or a Limited Liability Partnership (LLP). Then move ahead.
CA. Bhavesh Savla
ca.bhavesh.savla@gmail.com
Can anyone gve all procedure to start new small office for relocation business in b’lore?
We want to start/ open new office/business for relocation in b’lore. please give step by step procedure.
Pari
Hi, I am a British citizen looking to enter the it industry in India. What do I need with regards to passport/permit documents, what would be the best way to go about it?
Dear Sufyaan
Kindly contact us at vinesh@vinning.co.in. We can guide you accordingly.
For a free brochure on Company Formation, please refer our Downloads Sections at http://www.vinning.co.in
Vinesh
Director
Vinning Corporate Services Pvt Ltd.
Hi i m looking to start business of my own trademarked products marketing/selling.which.manufactured by other company.. what will be the procedure to start this business pl send me detailed business
These informations inspires me to start a business. I m thinking to start a business of mobile phones through tele-calling. If anybody have info about that please help me,
TO, Arun Prabhudesai,
According to me you are doing great job by parting your knowledge to freshers and finders. It is very valuable information that you are sharing on internet via trak.in, this is very handy, informative & useful to your viewers. good luck!
Beat Regards,
Vara
me planning to start a new background verification company asscoiated with accenture client & I.B.M.
Nice fateh i reall ohohohoh my frnd is starting his own company with Top Mnc clients ,,…,,,….
thanks..
thanks..
thanks..
thanks..
thanks..
thanks..
thnks..
Company Formation is a voluntary association of persons formed for the purpose of doing business having a distinct name and limited liability. It is a juristic person having a separate legal entity distinct from the members who constitute it, capable of rights and duties of its own and endowed with the potential of perpetual succession. The Companies Act, 1956, states that ‘company’ includes company formed and registered under the Act or an existing company i.e. a company formed or registered under any of the previous company laws.However, company is not a citizen so as to claim fundamental rights granted to citizens.
good..
I am planning to start a new gadget store…a big showroom and a one stop shop for all the gadgets n gizmos…
thanks guyz fr d like :D ….yu can add me up on fb anytime if u need any assistance for ur gadgetsz or anythng for free :D
hey buddy in which city ur planning to open..
Akash Bhojwani :: Really cool….thanks:)
Abhishek Bhardwaj nt a problem buddy
Ahmed Husain it was nagpur buddy ..
Thanks to the author… very informative and useful it is…
Thank You, Arun Prabhudesai, this article has GOOD INFORMATION, which would be useful :-)
I am planning 2 start my own business…but I don't know how 2 start my business on a small level…please suggest me that how could I start this…….my contact nmber is 9592724703 and 9988640645.
wch typpe of business u wantd 2 start!
export import ka
great…. So invest kitna kar sakta hai? Main tujhe bhut achi ferm k saath meeting karwa deta hu… Sub?kuch smjha denge… Aur dey will help also.. Nd if u want a partner…? Dan i can also help u.. Mujhe partner bnalo..
mere nmber par msg kr de i will talk with u
hi this is sravan i am planing to start a business i can invest around 10 lacks can you please suggest me what type of business i can start i am from andhra pradesh. please tell me in english i cont understand hindi well. i am not regular visitor of this site you can mail me to lavudi.sravan@gmail.com
thanks a lot in advance
sravan
hi Mr Bhanot can u help to start a new business any idea or suggestions.
if u do hav any ideas plz give me a missed call on 09422493107 i will surely calll u .
Salil Bhanot hi..salil…can u tell me that how can is possible to start own IT company in a easy way….i have b-techs partner and MBAian and technical support also…can tell me how to start an IT company. we just recently complete our b-tech and wanna to start our on company. company would include all computer related field and care taking also of the clients deal on annual bases same like other company do in HCL,ibm,wipro…we would like to have a contract deal with other company with us.
ur view would help me to start a company but i don't from where to start coz there is so much formalities in minitry of cooperate affairs to start a company. if there is any contact ..then it will be more good to talk to u on call
I am planning to start a workshop organizing company on hacking and open source, the main problem is of the value of certification, how can I increase its value.
No wonder soooo many illegal businesses thrive in India. Look at the number of formalities and the amount they cost!
Yup..Priyanka…
This happens all around the world, I am from Mexico and it's not less pretty haha :P
Mart Elizalde i agree
off course babe u can expect india to improve all over ranking when it's population 100% educated or else exploitation continue ..
It's easier to do business illegally in India!! all you have to do is pay bribes on time!!
Yaa ur right but it depends on us which way we want to go….
very vital for enterpreneurs.
keep it up…………….
tum bhi to saath do bhai
thank for information.
Thanks for the info… very informative
Dear Arun Prabhudesai,
Thanks alot! for the information…
-Bhargav G
The article is informative and Arun deserves all praise for it. but there have been a few changes since the article was written. Now DIN is obtained online and does not take more than an hour. Similarly DSC files can be obtained within a few hours. The final incorporation forms are also generally approved within 1-2 days if everything is in order. Also note that now no longer stamping of memorandum and article is required. Stamp duty is payable online along with the submission of forms.
CA. Bhavesh Savla
ca.bhavesh.savla@gmail.com
The article is informative and Arun deserves all praise for it. but there have been a few changes since the article was written. Now DIN is obtained online and does not take more than an hour. Similarly DSC files can be obtained within a few hours. The final incorporation forms are also generally approved within 1-2 days if everything is in order. Also note that now no longer stamping of memorandum and article is required. Stamp duty is payable online along with the submission of forms.
CA. Bhavesh Savla
ca.bhavesh.savla@gmail.com
"IIT Guwahati – Techniche. the annual techno-management fest:
The deadlines for Events of Management Module in Techniche'11 have been extended. The new deadlines are.
1. Product Launch – 5th Aug.
2. BrainChild (B-Plan Event with Rs. 50 Lakh incubation) – 5th Aug.
3. Stratagem -10th Aug.
4. Blue Chips – 20th Aug, and can be registered on the spot.
5. VSM – The online stock market Simulation, can be played right now.
For more information, visit the website.
http://www.techniche.org/techn iche11/competitions/management.html
Or the Module Managers :
Shruti Soni
07896173026
management@techniche.com
****************************** ***
Total Prize money for the 5 events : Rs. 5 Lakhs
Incubation Amount for B-Plan : Rs. 50 Lakhs
****************************** ***
Also do not forget to check out the mind blowing Lecture Series at Techniche."
http://www.techniche.org/t
http://www.techniche.org
Useful information. Thanx..
What is the best type of business one can start without big investment ?
It's unfortunate that setting up and running a business in India is so inefficient. In the most recent ‘Ease of Doing Business Report 2010‘ by World Bank, India ranked #135 amongst 183 world economies for ease of doing business. In a survey carried out by the Political and Economic Risk Consultancy (PERC) in June 2010, India was found to have the most inefficient bureaucracy in the region. Interestingly not a western country but another Asian country, Singapore, was ranked #1 for easy of doing business in the world as well as for having the most efficient bureaucracy in Asia (see http://tiny.cc/0cnyi). I hope that Indian bureaucratic system evolves for better soon to enable enrepreneurs to realise them dreams without hassles.
what u said is exactly right..
Hai iam planing to start a brick making factory.
Is this steps are enough for that.
I M PLANNING TO START AN FLOWER EXPORT BUSINESS IN INDIA…….9654550267.
I want to start a construction company in chandigarh. So please tell me what is the procedure to start a construction company. Please email me at stplkanyan@yahoo.co.in
or call me at 7696815604
I want to start up an Employment consultancy in Bangalore. Kindly guide me.
Thank you.
Sadanand
Hi Sadanand,
You have 4 options to start up.
1. As an Individual- least formalites.
2. As a partnership firm- For which you will need to register a partnership deed but the downside of this form is that it has unlimited liability risk.
3. As a Limited Liability Partnership- The liability is limited in this form and the legal compliance is less as compared to a company .
4. As a private limited company- The cost of incorporating is more than the other 3 forms and requires more statutory compliance and compulsory audit.
Since you want to start an employment consultancy and would be dealing with other companies, a private limited company form would be a good choice. You will need a minimum of 2 members for this.
If you need more details and are still looking for help in starting up you can contact me.
Contact no. 7795345643
Sankhya Consulting
Currently we are in planning to start our own food snack products in india, as we are not starting with manufacturing initially we going by job work under our brand name and later manufacturing. How do i start legal process for this and what i have to do can please quide me.
Hi, I am a foreigner and I’m going to start a web developing company in india. As you know such a bussiness can start with a small office. No need of a big investment.
Would you please tell me,
1- Am I eligibled to start such a bussiness in India?
2- How much would be the apprx cost for registering and fees structue?
3- Is it a MUST to get only INDIAN employee, Or I’m free to invite everyone of my own?
4- Is company authorized to send Invitation for Bussiness-Visa or Work-Visa for non-indian?
I would appreciate your anwerss in advance.
Dear Abtin,
1. Investments in India by foreigners are classified as Foreign Direct Investment (FDI). Permission for FDI depends on the business activity as well as the nationality of the investor. Prima Facie, your activity being web developing, no prior permission may be required. However post investment intimation must go to the Reserve Bank of India.
2. Costs would depend on the amount of Capital that you plan to bring in and the state/city where you want to establish the business.
3. You should employ based on your cost benefit advantages. However certain state do require you to employ local employees if you desire certain benefits.
4. I feel it is yes, but you need to consult a visa/immigration specialist in this regards.
I do hope that the above answers were to your satisfaction.
CA. Bhavesh Savla
Chartered Accountants
Email: bhavesh@cabks.in
Dear Sadanand,
You can start your employment consultancy in the form of a LLP/Pvt Ltd company. To assess which suits your needs better, do read https://www.facebook.com/notes/formmyfirm/what-form-of-company-is-right-for-my-purposes/148606345225975
We can help you with incorporation of LLP/Pvt Ltd once you decide on the form. In case, you need any clarification, do mail us at incorporate@formmyfirm.com or call +91.998.717.0002
Dear Pushpendra,
A Private Limited Company will be the right construct for you. You need to ensure that the objects in your MOA/AOA are broad enough to allow consultancy, manufacturing and anything else you would like to do.
In case you wish to get this off the ground or if you need any clarification, you can mail us at incorporate@formmyfirm.com or call at 9987170002.
Regards,
Jacinta/FormMyFirm
Hi,
I am from Chennai, and have completed MBA (HR), and thinking to start a new business(small) with around 2lakhs investment, but don’t have the idea of what to start.Please help me.
In that much of investment you can think about online business, like b2b or search engine marketing or search engine optimization or some extra. The benefit of this is one you don’t need to invest much and second it have very rich growth too.
hi vivek ,
Can you please suggest some website or elaborate on the online business opportunities. Thanks
@ Alan
Would advise you to work somewhere for some time to gain experience. only then start your own business
There are many sites options are abailable, just goto to google and type keywords like online business oppotunities, online business, step to step process for online business, scope of b2b business etc.
Pradeep, In western Country every day some company close down… No potential
ya..kayoki eur…..main indiatarah chori nahi hai………..
Hi I am looking to start business in India Import and Export. I am africa , Somalia basically. What i want to know what is the best way to start business in india under my doucments as NRI or Under local Indian person example my any of my friends.
My mail id md.jeilani@gmail.com.
Thanks!
great
I want to start a business and looking for a partner….anybody wanna be partner can give me call @08802890353
What type of business you want to start and, from where do you want a partner and what are the requirements for this.
tanxx… m planning to start my dream.. it will help me alot.
hi sir i am ganesh and i want to do the buisseness in electronics field so can u tell m the procedure how to start buiseenees from the first step.
Sir.
I am interesting start bushiness low investment. please suggest.
planning to start joint venture very soon.
lucky……ur indian..we both have same idea…………..startand go forward.
@CA, Bhavesh Savla
i want 2 know exact idea of LLP.kindly help me out……… my e.mail id is abhijit.kumar1988@gmail.com
Hey Guys,
I am a B.E(Electronics and Communication) graduate 2011 passout. I would like to join a start up company or may be involve myself into a start-up. If anybody is involved in these kind of stuffs, please inform me. Here’s my id vineetkdwivedi@gmail.com.
I can assure you to put my 100% and work towards the goal of the Organisation.
Thanks
i am b.tech graduate currently working for a MNC .i wan’t to open a firm of mine so..
anybody intersted ..feel free to mail me..
sir
the idea of business with which i want to start is already well established in USA…do i have to go through a legal documentation to start the same in india
hi,im parul bhadauria from allahabad,i wanna start my own business,i dont ve money bt i ve ideas,anybody interested in starting a biz wid me cn call me nytime.9453661006.or mail me parul_bhadauria75@yahoo.co.in
I think the information, though procedurally correct, has many more things required. For eg., not all are required to have ESIC/PF registrations. Neither, it is advisable to have a VAT TIN at the outset.
It is another matter that you can choose to register voluntarily. However, the registrations can be done at a certain stage even after the business starts. Would request Arun to clarify on those as well.
Good compilations, though! :)
Hi
I am planning to start and Ice cream shop in bangalore. I want to know the legal/statutory requirments. I understand that I need to do a VAT registration. I want to go the propritership model. what else do I need.?..do I need Professional tax registration, Registration with Shop and Establishment, Trade licence…and how much would it cost?
Appreciate your help
Thanks
Robin
selecting the good location matters a lot for ice cream business….
dear sirs,
i am presently pursuing my mca in christ university…but i am passionate to start my own business in the computers field.so plz plz guide me..
also guide me the scopes of IT field in which i can concentrate to start my business…
waiting for best reply..
prashanth…
Cn anybody suggest that I am interested to start ONLINE trading in india with a small level……….what would be the procedure…….
Hi All,
Thanks for valuable post,valuable and informative site for new beginner in enterpreniure and bussiness sector,I completed my Engineering with compter science and is working with IT major MNC but I wanted to setup bussiness with low cost and low risk at an early stage,please suggest some IT based bussiness that could help me get further.
Waiting for your valuable inputs.
Regards
Tabish
Hi All,
Thanks for for your informative article and well organized procedure,I am engineering graduate in Computer Science wanted your input in setting up bussiness in IT.Please guide me how to go with,I’m really new to it,please help me with low cost and low risk way of getting into bussiness at early stage.
Regards
Tabish
Hi,
I want to start a business with corporate agency (insurance) in Jharkhand. I also want to put some other products (like fmcg/cloths/paper/stationary etc) marketing in my business. Can I start it by a Trust/NGO(I’ve my own trust)? Can u tell me the procedure how to start this businees. I want to start it within 2-3 months. How can I find a partner for this business? Kindly guide me.
My e-mail add – rrjharkhand@gmail.com & cell no is- 09199944999/09386601600
Dear friend,
I would like to start a unique business in India. I am an Indian but staying abroad. How should I contact you for further details to start the business in India. Also shortage of money, I am looking a partner to start the business in all over India. How to get a partner to do this business. This business is tie up with Police control rooms.
Please help me.
My email is l.joel@yahoo.com
I am Planning to Start New Construction Line Bussiness.
hey…..could you please tell me what are the compliances that a private limited company requires and what all it needs to do to operate again after a permanent stay on its winding up…thanks so much
@ Monica,
The regular compliance is mainly in relation to Roc returns, Income tax returns, Audit and Accounting. You may also be liable for various direct and indirect tax compliance depending on your business activities.
CA. Bhavesh Savla
http://www.cabks.in
Hi all. I started my business of Gadgets but lost some of my docs….
Its really difficult for us to carry our important documents everywhere. Specially when it comes to HR. My HR in the company has lots of works to do apart from managing documents. So I heard about a company providing a fab service. Compnay name is Kleeto. It digitize all the documents and give you 24*7 access to them online. Now thats wonderful. I calculated it as well and found that the cost they are charging is less then what we invest in keeping our very important documents safe. Do check this: https://www.kleeto.in/Inhouse_Vs_kleeto. its a calc provided by company itself… Great from from Kleeto.
Hello !!!
I have plan to start direct marketing business in Uttarakhand foothill area. I having few people who already have done this marketing business earlier. In this, they were used to sale house hold items by visiting door to door. Its good margine giving business without any loan or dependency.
I again want to start bt need your help that this time it should be through a registered company/firm. Which form of registeration will good for this i.e. company act, firm, LLP or simple partnership dead.
My only perpose is – no one should harrase me regarding not registration. pls reply is some one having knowledge about registration. my id is there.
sir i want to strat the my construction company.but sir i has no capital but i has property in pune
Hi,
I want to start a business with corporate agency (insurance) in Jharkhand. I also want to put some other products (like fmcg/cloths/paper/stationary etc) marketing in my business. Can I start it by a Trust/NGO(I’ve my own trust)? Can u tell me the procedure how to start this businees. I want to start it within 2-3 months. How can I find a partner for this business? Kindly guide me.
My e-mail add – rrjharkhand@gmail.com & cell no is- 09199944999/09386601600
Hi,
I want to start a business in lighting i.e. inductin/LED etc with some other aumation product, can some body help me who already working and help me in this field.
i can also think to work with him as a associated company i different location or how can i find a partner for this business?
Pl guide me my mail ID- khanna419@hotmail.com
Hi,
Any body from China/other countery is interested to do the business in india & who can supply the induction/LED lights as per requirments.
Pl revert back to my mail ID- khanna419@hotmail.com
Hi,
I am Hitesh Lakhara persuing MBA (Finance & Marketing) wanted to start a bussiness in Rajasthan but, not decided what to do. If you have any good business please suggest me & give missed call on my cell no. 09460771270.I m waiting for reply.
Thanking You,
Hitesh lakhara.
Jodhpur
09460771270
I am a hospitality Industry Professional and Its been ten years I have been in this Profession but now i am planing to Establish My Own Company Of Cunsoltancy & Staff providing to the Industry so Please send me some details
Please let me know whether the formalities mentioned above are true for starting an online retail store also. Or any other extra formalities are required? Thanks a lot for your excellent article.
The article is good, but I have some doubts,
To start private company, what is the meaning of 1lakh paid up capital..do we have to deposit 1lakh some where?
And overall how much expenses incur in starting company?
Thanks.
Dear Abhishek,
The Rupees One lakh paid up capital denotes that you have to deposit Rs. 1 lakh as Capital in the company.
After the company is incorporated, you have to open a bank account for the Company and then the shareholders have to deposit the amount for the shares they have to be agrees to take up. The total shall be at least Rs.1 lakh. In return, they get shares for the Company.
Further, please note that this money doesnt go anywhere but remains in the Company’s custody. It is neither locked up but can be used up for the business uses of the Company. However, it cant be used for the personal uses of the owners or shareholders.
CA. Bhavesh Savla
ca.bhavesh.savla@gmail.com
@Abhishek, you may contact any CA or CS in India. One of my friends (from US) got her startup registered in India with the help of http://www.abhyankarcs.com
Hallo friends,
I am a retired officer from Public sector. I want to do some small business to keep myself busy in retired life. Can anybody guide some good business line with small investment and routine income. Main aim to to keep myself busy
Dear friends,
I can offer good quantity of Handloom sarees, lungies and towels. Is any body willing to buy in bulk. all are pure cotton with quality product
chelladurai isaac
Great information.
Yeah, thats like a lot of information. Definitely marked on my fav list. However, it still leaves me with a few questions. Well! the initial glitches are unavoidable.
http://smallbusinessindia.intuit.in/general/power-thinking-thinking-small-businesses-a-book-review/
Thats the book review of Malcolm Gladwell’s “blink-The Power of Thinking without Thinking for Small Businesses’
Thats a good read too. Thank you sharing!
Sub: Business Advice Reg.
Hi,
I had gone through the above article and have some queries. I appreciate the effort taken to exhibit the details.
Kindly let me know whats the difference starting a restaurant and trading (brokerage, buying and selling any products) if possible. To start any of the above business should I follow all the 13 steps provided by you.
Thanks in advance and Regards
C.Prince
Thanks of this great resource. I have a question and it would be great if anyone could answer this for me.
I know someone in US who has a home based business selling some personal-use items (home made). If I were to get these items about a dozen a time (through international post) and then sell them in India through a website (as a distributor), would I be required to go through some legal formality to do such a thing? Or can I just do this as an individual without requiring any kind of formal setup? I want to do this on the side and it won’t be my main livelihood.
Thanks in advance for anyone who answers!
Hey Admin, do the above mentioned steps hold good for starting a COOPERATIVE business? If not, can you please direct me to an appropriate source for such information?
Thanks
The money spent on this is just to get the documents done but if u want it in the exact time mentioned above u need to fill the government employees' pockets.. Or have Anna Hazare's contact number :/
The money spent on this is just to get the documents done but if u want it in the exact time mentioned above u need to fill the government employees' pockets.. Or have Anna Hazare's contact number :/
Hi Arun,
Wish you Happy & Prosperous New Year. Many thanks for such detailed information.
Its just because of people like you, many people are able to find necessary directions at such ease.
I have couple of question as I wish to start e-commerce business from India with
its own distinct feature. Currently I am just on drawing board and need to do lot of
ground work.
1. If my business involves import or export of goods what additional ground work needs to be completed.
2. For the detailed information you have provided, are there any amendments with respect to current regulations or procedures.
3. How can protect my business model against big players. I may have limited capital
and hence limited budget,resources. Its will be easy for big players to copy my business model with heavy capital where I may not get any chance to compete in
longer run.
Thanks for reading my comment and I look forward to your response.
Regards
Prashant
Sir,
I want to start a business. i m a PSU employee,leaving in bokaro jharkhand. i have capital of 5 lakhs. Plz sugest me a business plan. MOB-9334637562
I am a science post graduate and want to start a business in low investment.I am mainly interested in doing outsoursed work in any field.It will be really helpful for me if you provide some information.
So many formalities to start a business in india? No wonder there is so much black money and illegal businesses thriving in the country because it's easier to do business illegally in india rather than a legitimate one, all you have to do is pay your bribes on time!
To Form a New Company in India including obtaining DIN No., Registering Name of Company, Change in Name of company , Obtaining Digital Signature, Incorporating a new Company and all related wortks , Contact N.M.S. Pvt Ltd. : Mr.D.K.Jain : +91-9810092750
Hello,
I am studying M sc in U.K. In India I completed my Master of Computer Applications(MCA) in 2010. My bachelor’s degree also in Computer science. But I am not interesting in IT field. I want to start a new business in Andhra Pradesh. But I don’t know which business good for nowadays and which is suitable for me. Give me some suggestions and some kind of business hints.
Hi friends,
Thanks for a informative article. I am a retired army officer. I am planning a cow dairy farm and organic farm business. I have agriculture land approx 80 kms away from delhi,
near Jewar( proposed airport). I require genuine partners who can contribute financially.
Pl contact me gtam1702@gmail.com Thanks.
hi friends,
i am interested to open a law firm can anybody guide me what procedure can be take and how, i am a practicing lawyer in patna high court.
Hello Admin,
We are 4 friends want to start a small business.
Plz suggest
Thanks and regards,
Contact NMS Pvt. Ltd. for cheapest cost and fastest company formation. Mr. D.K.Jain: +91-9810092750. Iam sure we would maintain a good business relation in future as well once we get in contact.
what type of business is it ?
Dear Sir,
Please tell what paperwork is required for starting a motorcycle assembling unit.
Small though…
Thanks
Dear All,
Its very good information to open any company and know the process.
Arun,that was a piece of good work,complete info about starting a business specially for those who fear to enter in business line.your edition will certainly boost the confidence & moral strength of entepreners…..thx mann……
Dear,
I have a business plan. but i have no money but that plan is very successful any person want to start a business contact me on this mail only small investment.
very helpful Thanking you.
please, send me details regarding business in which there are 50% net profit margin & which business is started with capital of rs. 10 lacs.
Hi, Thank you very much for this valuable posting. I am a Bangladeshi by born and live in Bangladesh. Now i want to start business in India and stay in india as i like india and my all relatives except and mother and father are indian citizen. Can you please tell me whether Its possible for me to start business in India and while doing business, can i stay in India?
Hi I am interested in starting a bioinformatics training company. we will be teaching bioinformatics tools, etc. to students and perhaps start developing some software later. Can we register our company to STPI? will we get tax benefits?
Yes you stay india.Orissa is the best state in doing business.you will contact with me -email-biswaauroin.jena@gmail.com.phone-9040225161.
Please guide me how can i start a buisiness of sanitary ware. I dont want to manufacture those items but i want out source it from someone else and i want to promote it as my own brand. Please guide me. THANKS
Dear frnds,
what is the procedure of new embroidery business opening?
Could not believe that I could ever get such meticulous
procedure to get started.. To start – atleats we get a wonderful
insight of what goes into starting a new company.
Knowing the total cost and the number of days for these
procedures, ensures we dont get started that I will do this
all by myself and then approach a professional.
Thank you Arun. It was a really great kick start..
hi, friends i have to start a small business and i need partners if any interested please contact me my mobile no: 8447914657
Hi Everyone,
We specialize in Company Registration services in India and if you are looking to start a new business or incorporate a company in India – Contact us today: http://www.easylaw.in. We have online packages for company incorporation starting at Rs. 16,065/- in India.
Hope everyone finds this useful.
I am planning to start a business in INDIA. I am from software background with 13 years of experience. I have INR 1 Cr investment and I am looking for another partner who can invest 1Cr. Can anyone help me find a partner
yes.. great informative stuff. I am a freelance writer looking to be established as a complete content writing firm This article helped me a lot.. thanks a ton Arun and keep writing.. wishing you success ahead..
I am from mumbai . Iam interested in starting new business in field of Security CCTV equipments, Office automation , LED lighting, .If anyone from Mumbai, pune interested drop me a mail : hitechtechnologix@gmail.com
Hello,
I incorporated a partnership firm in India, we offer services to clients in US.
How can I invoice or send bills to them and get money in INR.
Our area of business is IT.
sridharm@treesolns.com
Thanks,
Dear Arun, Thank you for excellent guidelines. I was lucky to have found your site, or else I would have been gathering info bits and pieces. How can I contact you ? I still need some info
My email as mentioned above is arkundapurat yahoo dot com.
Best wishes,
Ashok
To Form a New Company in India including obtaining DIN No., Registering Name of Company, Change in Name of company , Obtaining Digital Signature, Incorporating a new Company and all related wortks , Contact N.M.S. Pvt Ltd. : Mr.D.K.Jain : +91-9810092750 or Email us at : dkjain44@yahoo.com for further guidance
Hi
Thanks guys
it would be great if you can provide me detail about online business as I am planning to start my online business so plz tell me the procedure for that.
would be great help
awaits your positive reply
Regards
Mohammed
Get your company incorporated at anywhere in India at a very low cost. We charge a very low professional fee of just Rs.5000 + Registrar of company’s fee and other expense (as applicable).
Contact Neha Management Services Pvt. Ltd. now . Contact person : Mr. D.K.Jain : 9810092750. Or E-mail us at : dkjain44@yahoo.com , to know further details.
We assure Easiest ,fast, reliable and least cost Company formation services so that you can get your company incorporated without paying much and also you will face no difficulties and absolute convinience is assured.
interested in starting own software & Website designing company with software online project training if some body interested let me know spacialy the person who is us ,uk . i will manage the whole office in India but he will be able to manage clients form us & uk if u want to know u can discuss me my mail id is ashish.bharde@gmail.com
Dear Concerned
Good Day!
First of all thank you very much for all these valuable information and kindly provide me a agent contact details which they can do the all the procedures for opening a company in Cochin, Kerala because I am working abroad.
Awaiting for your reply.
Best Regards
Rajitha
Hello! Arun Prabhudesai , First of all thanks for your valuable information…But Arun please provide me a full and a total detail information regarding for opening a retail outlet like puma, Nike, UCB in India (Kolkata or north east part of India)hope and wish yull be helping me out in these matter, plz do contact me in these E-mail somayoshaiza@yahoo.co.in
Waiting for your reply
somayo
10x for the awesome imp. stuff
u done a gud job
is anybody can help me to register a fabrication company.
The company initial capital will be 2 lakh,
and i am will be the sole person who operate the business activity
so please help me about this
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