Business Registration for STARTUP COMPANY REGISTRATION
Start-up Business Consultants in Bangalore tells us primary thing that is required to start a new business or Start-up Company Registration is approving the business registered. There are various business structures from which you have many options to choose the best that suits you.
A new and fresh business that must be incorporated in any of the business formations as per the scale of its operations, functions, capita invested, number of business, and the risk factors associated with the business. This also features, cons, and pros of each business structure that are different, and the entrepreneur or the businessmen must have a guidance of a business expert to know which structure will be the best for its requirements.
How do I register a start-up company in Bangalore?
When the business comes under that defines us of a Start-up Company Registration as per the DIPP Notification, it can get its Start-up India registration done easily. A business that are registered as the firm of Private Limited Company under the Companies Act, 2013, and as a Partnership Firm under Section 59 of the Partnership Act, 1932 or as a firm of Limited Liability Partnership under the Limited Liability Partnership Act, 2008 can get Start-up India Registration easily and it also fulfills the following conditions:
It should not be more than 10 years from the date of business registration that has been done.
The annual turnover of the entity of this firm for any financial year since its registration should not get exceeded Rs. 100 crores.
The business is working towards improvement, development, and innovation of products or services or processes, or if it is an expandable business model with high potential and fulfilment for employment generation or wealth creation.
Licenses for Start-up
Start-up Registration services provider in Bangalore explains us apart from these above registrations, there are several licenses that are required to be obtained for particular kinds of Start-ups such as establishments and shops, Import and Export business financial institutions, food business, etc. that are followed below:
Shop And Establishment License for Start-up Registration
Every state in the country will its own Shop and Establishment Act that provides for several criteria and rules that has to be followed by every shop and establishment that is running its business in that particular state. This Act also provides us the shop and establishment license or trade license. A business comes under that defines us the shop and establishment must acquire the Shop and Establishment Certificate without fail to keep away from the fine and penalty.
Import Export Code Registration
All importers and exporters who will wish to export or import goods and services from India need to have a specific reasonable IE Code. IE Code should be mentioned in all applicable customs documents. Bankers will need necessary for you to have valid IEC registration for making payments and transactions in foreign countries. To acquire Import Export Code, it is compulsory to have a current bank account and PAN Card.
How to Apply for STARTUP COMPANY REGISTRATION in Electronic City?
Do you want to get a STARTUP COMPANY REGISTRATION in Karnataka? then we are here to help you, we are the top company incorporation service provider in Bangalore. feel free to send your inquiry to firstname.lastname@example.org or feel free to contact: 7975187793 or visit https://www.consultry.in/