How to Automate Your Digital Budget Tracking with Free Tools and Scripts

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Steps to Start Business in India [Guide]

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After government of India's Startup push aspiring entrepreneurs are looking for ways and steps to start their own businesses in India. In this blog post I have included step by step procedures that need to be followed in order to setup a business in India.



Starting Business in India - Step by Step Process:

1.   Obtain Director Identification Number (DIN) online from MCA (Ministry of Corporate Affairs) authorized agency.
·        Duration: 1 Day
·        Cost: Rs. 100/-
·        Website: http://www.mca.gov.in

2.    Obtain Digital Signature Certificate (DSC) online from MCA (Ministry of Corporate Affairs) authorized agency such as Tata Consultancy Services
·        Duration: 1 Day
·        Cost: Rs. 100/-

3.     Reserve the company name online with the Registrar of Companies (ROC).
·        Duration: 1 Day
·        Cost: Rs. 100/-
·        Website: http://www.mca.gov.in

4.     Stamp the company documents at the State Treasury or authorized bank.
·        Duration: 1 Day
·        Cost: Rs. 100/-

5.     Get the Certificate of Incorporation from the Registrar of Companies.
·        Duration: 1 Day
·        Cost: Rs. 100/-
·        Website: http://www.mca.gov.in

6.     Make a company seal and letter heads.
·        Duration: 1 Day
·        Cost: Rs. 100/-

7.     Obtain Permanent Account Number (PAN) from National Securities Depository Ltd. (NSDL) or the Unit Trust of India (UTI) Investors Services Ltd. These are outsourced by the Income Tax Department (National)
·        Duration: 1 Day
·        Cost: Rs. 100/-
·        Website: www.incometaxindia.gov.in, www.utiisl.co.in, www.tin.nsdl.co.in

8.     Obtain Tax Account Number (TAN) for income taxes from Assessing Office Income Tax Department.
·        Duration: 1 Day
·        Cost: Rs. 100/-
·        Website: www.incometaxindia.gov.in, www.utiisl.co.in, www.tin.nsdl.co.in

9.     Register with the Office of Inspector, Shops, and Establishment Act (State/Municipal).
·        Duration: 1 Day
·        Cost: Rs. 100/-

10. Register for Value-Added Tax (VAT) at the Commercial Tax Office (State).
·        Duration: 1 Day
·        Cost: Rs. 100/-

11. Register for Profession Tax at the Profession Tax Office (State).
·        Duration: 1 Day
·        Cost: Rs. 100/-

12. Register with Employees Provident Fund Organization (National).
·        Duration: 1 Day
·        Cost: Rs. 100/-

13. Register for medical insurance at the regional office of the Employees State Insurance Corporation (National).
·        Duration: 1 Day
·        Cost: Rs. 100/-


 If you have any questions or suggestions, kindly post it in comments section below. We will answer each and every questions. Other websites are also there on the web which will help to answer the questions like online business opportunities, registering your company in India, online business, step to step process for online business, scope of b2b business etc. You can find those websites easily by searching it on google.