Mandatory Registrations for Business

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Reading Time: 2 minutes| (Last Updated On: March 20, 2018)

Mandatory Registrations for Business

Every startup has to operate under various laws to regulate trade and service in view of tax to be collected from such activities. With the issuance of certificate of incorporation a legal entity is created which is capable of being identified separately from that of the people who promoted the entity. Some of the mandatory registrations based on the nature and location of business is discussed here, However on the basis ofactual business transactions additional licenses may be required to be obtained, such licenses are discussed separately, these are

Mandatory Registrations for Business

  • Pan Card is mandatory for all business forms
  • Tan number is essential to deposit TDS deducted
  • Shops and Establishment Act is Applicable in most states
  • For doing Sales across states CST is mandatory
  • Trading in Transferable development Rights
  • Service tax is again mandatory on service provided

Our Registration Services includes following

Company PAN Card
Company is assessed separately from its owners by the income tax department. Pan is an unique identification number allotted by Income Tax Department Read More

Professional Tax Registration
Some states like Maharashtra, Karnataka etc has imposed tax on employment as professional tax. Registration and payment of tax is mandatory Read More

Import Export Code
The DGFT allots a unique code to persons engaging in the business of foreign trade by way of import or export. Read More
Tax Deduction Number (TAN)
While making payment to third parties tax has to be deducted as TDS at specified rate. TAN number id the unique number of TDS detector Read More
Service Tax Registration
Every service provider is under an obligation to get registered and collect service tax at 15% (current rate) and deposit with govt. However, in case the value of services rendered by a service provider in the financial year is less than Rs. 9 Lakh p.a. then the registration of service tax is optional for the service provider Read More
Sales Tax Registration
Every state government collects vat on sale of goods within the state, registration and compliance of various provisions are mandatory Read More
Shops & Establishment Registration
In most of the states it is mandatory and non-compliance results into severe penalty which may lead to registration of a criminal case.
Read More
Sales Tax Registration
Every state government collects vat on sale of goods within the state, registration and compliance of various provisions are mandatory Read More
SSI Registration
In most of the states it is mandatory and non-compliance results into severe penalty which may lead to registration of a criminal case.
Read More

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Team SETINDIABIZ, is a vibrant, updated and experienced people with professional qualifications such as CA, CS, CMA & Advocates. With our presence all over India, we are in a better situation to serve entrepreneurs in securing 100% compliance, all the time.

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