You can either incorporate a Private limited company or an LLP based on your requirement. For doing either of these you need at least one resident Indian to act as Director & Shareholder/Designated Partner in your venture. After incorporating the company you will have to take Shops & Establishment Registration if you want to employ people in your venture. You will have to take Professional Tax registration if the gross monthly salary of any of your employees is more than Rs.15,000/-.
Things you would require to start your business:
1. Register your business - Choose the entity type that best suits your business goals. Read more here.
2. Register your office premise or manufacturing unit under Shops and Establishment.
3. Tax Registration - Any business will have to abide by this.
4. Post incorporation compliance – immediate requirements like acquiring company PAN
5. Funding Compliance - Irrespective of the size of your business, when funds are raised, there are compliance works that have to be executed on time.
6. Agreements and Contracts – like Cofounders Agreement, Vendor Agreement
We at Wazzeer have helped businesses in various sectors start smoothly without hassle. We would be very excited to help you kick your business and thereafter too. So let’s connect -> "Get your Wazzeer"
over 4 years ago