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What are the legal requirements, licenses required, government policy adherence & registrations required for starting a meal voucher company?
For setting up a meal voucher company, your entity must obtain a certificate of authorization from the RBI under The Payment and Settlements Act, 2007. Based on the application made by the entity and in accordance with the provisions of The Payment and Settlements Act, 2007, the RBI may authorize your entity to operate a payment system for issues of pape...
Wazzeer Professional Network
ProfessionalWhat are the legal requirements, licenses required, government policy adherence & registrations required for starting a meal voucher company?
-
Wazzeer Professional Network
ProfessionalFor setting up a meal voucher company, your entity must obtain a certificate of authorization from the RBI under The Payment and Settlements Act, 2007. Based on the application made by the entity and in accordance with the provisions of The Payment and Settlements Act, 2007, the RBI may authorize your entity to operate a payment system for issues of paper based vouchers and meal cards.Additionally, there are compliance under RBI Circulars relating to minimum paid up capital of the company that is in this business, KYC requirements, anti money laundering norms etc.almost 5 years ago
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What are the legal requirements, licenses required, government policy adherence & registrations required for starting a meal voucher company?
-
Wazzeer Professional Network
ProfessionalFor setting up a meal voucher company, your entity must obtain a certificate of authorization from the RBI under The Payment and Settlements Act, 2007. Based on the application made by the entity and in accordance with the provisions of The Payment and Settlements Act, 2007, the RBI may authorize your entity to operate a payment system for issues of paper based vouchers and meal cards.Additionally, there are compliance under RBI Circulars relating to minimum paid up capital of the company that is in this business, KYC requirements, anti money laundering norms etc.almost 5 years ago
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