Counsel

GST Registration is required

• If the company generates a revenue of more than INR 20 lakhs in a financial year
• It sells on e-commerce platforms or is an e-commerce operator
• The business works with vendors who are GST registered and would want to claim GST credits.

Process of GST registration

Required Documents

Each director/Partner

1. PAN card
2. ID proof any one of
1. Voter ID
2. Aadhar
3. Passport
3. Photographs

Entity details

1. PAN card of the business entity
2. Bank statement/ Cancelled check leaf
3. Proof of address for business premises (Rental agreement if rented, Property tax paid challan if owned, NOC from the owner of the property)
4. Copy of electricity bill/landline bill/water bill of place of business

Other Documents

For Pvt Ltd or OPC:

1. Certificate of Incorporation
2. Memorandum of Association (MOA)
3. Articles of Association (AOA)
4. Copy of Board resolution (format to be provided by us)

For LLP or partnership

1. Certificate of Incorporation
2. Registration certificate for registered partnership firm.
3. LLP/Partnership deed

For incorporation, you do not need to travel to India. You will have to provide the notarized and apostilled documents to us and we can complete the incorporaton process.

However, most of the banks need you to travel to India to get the bank account opened for the company. There are few banks though, that ask for a set of documents but do not need you to be in India for account opening. In case you choose to go ahead with them, you can incorporate and have the bank account without needing to travel to India.

To start a company in India, you will need the following:

- At least one resident Indian as a director in the Indian entity

- A registered office address in India

The other paperwork can be taken care of. If you meet these two conditions, we can help you in Incorporating the Indian entity.

Since your revenue will be crossing Rs 20 lakhs, you will need to register for GST. Once you are registered, the invoice that you raise will be with GST. So, there is nothing like raising 2 invoices one with 1 lakh without GST and the other with GST.

Since you are taking up employment, after this invoice, you will have to complete the GST filings and surrender your GST number. In case you do not do that, you will have to continue filing GST returns till you do so.