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About a list of documents, all steps and other specialties of opening a small or medium enterprise - By Jimit Patel
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About a list of documents, all steps and other specialties of opening a small or medium enterprise - By Jimit Patel
1. ABOUT A LIST OF DOCUMENTS, ALL
STEPS AND OTHER SPECIALTIES OF
OPENING A SMALL OR MEDIUM
ENTERPRISE
Presented by
By Jimit Patel
2. Acquiring a Director Identification Number
(DIN)
Acquiring a Digital Signature Certificate
Obtaining an Incorporation Certificate
Creating a Company Seal for official
documentation
Acquiring a Permanent Account Number
(PAN)
Acquiring a Tax Account Number (TAN)
State/Municipal Inspection certificate
Applying for GST Registration
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About a list of Documents
3. A Director Identification Number (DIN) is
a special identification number that is
provided to any existing or potential
directors of companies that are
incorporated.
A provisional DIN can be obtained by
filling out a DIN-1 application form online.
1.Acquiring a Director Identification Number (DIN)
4. A digital signature certificate is an issued
electronic key that validates and
identifies the holder of this certificate.
One of the approved agencies registered
with the ministry can issue this
certificate.
2.Acquiring a Digital Signature Certificate
5. An incorporation certificate is provided
by the Ministry of Corporate Affairs and
is used as proof of the constitution of the
company.
To apply, the following forms must be
digitally filed on the official Ministry of
Company Affairs website – e-form 32, e-
form 1, and e-form 18.
3.Obtaining an Incorporation Certificate
6. A company seal is required to be placed
on papers for sharing certificates and
other official documents.
The total cost of acquiring an official seal
is dependent on the number of words
that need to be engraved on it, the
number of seals issued, and the time
period for the delivery of the seals.
4.Creating a Company Seal for official documentation
7. Filing of Form 49A is required for the application of PAN. Once a unique
PAN is acquired, a physical version of the PAN card will be delivered to
your registered address by official post.
5.Acquiring a Permanent Account Number (PAN)
The PAN application may also be done
online, but the required documents will
still need to be physically sent for final
verification.
8. 6.Acquiring a Tax Account Number (TAN)
As per the Government of India, a Tax
Deduction Account Number or Tax
Collection Account Number (TAN) is a
special number issued by the Income-tax
department to all entities who are
required to either deduct or collect tax at
the source.
9. 7.State/Municipal Inspection certificate
A statement that includes the
employer/manager’s names, company’s
designated name and permanent postal
address and business category must be
provided to the State Shop and
Establishment Inspector along with the
payment of applicable fees.
10. 8.Applying for GST Registration
GST registration is mandatory for any entity
seeking to undertake the supply of goods and
services across states while maintaining an
annual aggregate turnover of more than INR
40 lakhs/20 Lakhs.
11. Steps to Register Your Enterprise In India
Step 1: Incorporate your Business
You must first incorporate your business
as a Private Limited Companyor a
Partnership firm or a Limited Liability
Partnership. You have to follow all the
normal procedures for registration of any
business like obtaining the Certificate of
Incorporation/Partnership registration,
PAN, and other required compliances.
12. Step 2: Register with Startup India
Then the business must be registered as
a startup. The entire process is simple
and online. All you need to do is log on to
the Startup India website and fill up the
form with details of your business.
13. Step 3: Get DPIIT Recognition
The next step after creating the profile on
the Startup India Website is to avail
Department for Promotion of Industry and
Internal Trade (DPIIT) Recognition.
Step 4: Recognition Application
The ‘Recognition Application Detail’ page
opens. On this page click on ‘View
Details’ under the Registration Details
section. Fill up the ‘Startup Recognition
Form’ and click on ‘Submit’.