1. GST Registration
Goods and Services Tax (GST) registration is mandatory for businesses with a turnover exceeding specific thresholds (₹40 lakh, ₹20 lakh, or ₹10 lakh, depending on the state and type of business). The process involves:
- Applying online via the GST portal using Form REG-01.
- Submitting documents such as PAN, Aadhaar, proof of business registration, and bank account details.
- The registration process typically takes 2-6 working days.
2. TAN Application
Tax Deduction and Collection Account Number (TAN) is required for businesses that deduct or collect tax at source. The process includes:
- Applying online via the NSDL website.
- Filling out Form 49B and submitting required documents.
- TAN is essential for complying with TDS/TCS regulations.
3. PAN Application
Permanent Account Number (PAN) is necessary for all financial transactions and tax filings. The application process involves:
- Filling out Form 49A on the NSDL website.
- Providing documents such as the certificate of incorporation, address proof, and identity proof.
- The fee for PAN application is ₹110 for residents and ₹864 for non-residents.
4. Professional Tax Registration
Professional Tax is levied by state governments on salaried employees and professionals. The registration process includes:
- Applying within 30 days of employing staff or starting a professional practice.
- Submitting documents like identity proof, address proof, and salary details.
- Penalties apply for non-compliance.
5. Shops and Establishment Registration
Shops and Establishment Act regulates the working conditions of employees in shops and commercial establishments. The registration process varies by state and includes:
- Applying within 30 days of starting the business.
- Providing documents such as proof of address, identity proof, PAN card, and payment details.
- The registration ensures compliance with labor laws.
6. IEC Registration
Importer-Exporter Code (IEC) is mandatory for businesses involved in import or export. The registration process includes:
- Applying online via the DGFT website.
- Submitting documents like PAN, bank account details, and proof of business.
- IEC is essential for international trade.
7. ESI Registration
Employee State Insurance (ESI) provides medical and monetary benefits to employees. Registration is mandatory for businesses with more than 10 employees. The process includes:
- Registering on the ESIC portal.
- Submitting details in Employer Registration Form-1 and making an advance contribution payment.
- Providing documents like the Memorandum of Association, employee details, and bank account details.
8. PF Registration
Provident Fund (PF) is a retirement benefit scheme for employees. Registration is mandatory for businesses with 20 or more employees. The process includes:
- Applying online via the EPFO portal.
- Submitting documents like Form 11, company PAN, Aadhaar, and employee details.
- Contributions are made by both employers and employees.
9. Udyog Aadhaar Registration
Udyog Aadhaar is for micro, small, and medium enterprises (MSMEs). The registration process includes:
- Applying online via the Udyog Aadhaar portal.
- Providing details like business name, type of organization, and bank account details.
- Registration helps in availing government schemes and benefits.
10. FSSAI Registration
Food Safety and Standards Authority of India (FSSAI) registration is mandatory for businesses dealing with food products. The process includes:
- Applying online via the FSSAI portal.
- Submitting documents like identity proof, address proof, and business details.
- Different types of licenses are required based on the business turnover.