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Start Small Scale Business in India Step by Step Guide

Start Small Scale Business in India Step by Step Guide

After the startup of the government of India drives aspiring entrepreneurs to look for ways and steps to start their own business in India. In this video tutorial post, I have shown step-by-step procedures to follow in order to set up a business in India.

Starting a business in India – step by step process:

1. Obtain a Director Identification Number (DIN) online from the authorized MCA (Ministry of Company Affairs) agency.
Duration: one day
Cost: Rs. 100 / –

2. Obtain a Digital Signature Certificate (DSC) online from an MCA-approved agency
Duration: 3 days
Cost: Rs. 1500 / –

3. Book the company name online with the Registrar of Companies (ROC).
Duration: two days
Cost: Rs. 500 / –

4. Seal of company documents with the state treasury or the licensed bank
Duration: one day
Cost: Rs. 1300 / –

5. Obtaining the incorporation certificate from the companies’ registrar
Duration: 5 days
Cost: Rs. 15000 / –

6. Make a company seal and letterhead
Duration: one day
Cost: Rs. 500 / –

7. Obtain a Permanent Account Number (PAN) from National Securities Depository Ltd. (NSDL)
Duration: 7 days
Cost: Rs. 100 / –

8. Obtaining the Tax Account Number (TAN) for income taxes from the Income Tax Link Office
Duration: 7 days
Cost: Rs. 100 / –

9. Registration with the inspector’s office, shops, and incorporation law (state/municipality)
Duration: two days
Cost: Rs. 7000 / –

10. Register for Value Added Tax (VAT) at the (state) commercial tax office
Duration: 12 days
Cost: Rs. 5000 / –

11. Registration for profession tax at the profession tax office (state)
Duration: two days
Cost: Not applicable

12. Registration with the Employees Provident Fund Organization (Watania)
Duration: 12 days
Cost: Not applicable

13. Registration in medical insurance at the regional office of the State Employees’ Insurance Corporation (Watania)
Duration: 9 days
Cost: Not applicable

If you have any questions or suggestions, please post them in the comments section below. We will answer every question. There are other websites also on the web which will help in answering questions like online business opportunities, your company registration in India, online business, step-to-process for online business, b2b business scope, etc. You can find these sites easily by searching for them on Google.

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