- Obtain PAN No. / TAN No.
- Registration of Udhyog Aadhar
- Obtaining GST
- MSME Databank
- Obtaining Import Export Code
- Registration at Register of Companies for Company and LLP
- Registration at Register of firm in case of partnership firms
Permanent Account Number (PAN) is an identity of a person and not a scheme by the government to keep an eye on the activities of the citizens / corporate. Also, there is no compulsion for a person holding PAN Card to file income tax returns. As the filing is dependent on income i.e. income tax returns have to be filed when the income becomes taxable except in case of corporate and firms where filing of income tax returns are compulsion.
There is a very simple procedure to obtain PAN Card. It has been briefly described as follows:
If you have already PAN Card and you require to change the information like change in name / father’s name / firm name / company name, address, sign, photograph then we have to file application of correction in PAN card in form No. 49 B. Moreover, in case if you have lost the PAN Card then also the form No. 49 B requires to be filed.
Government of India enacted “Micro Small and Medium Enterprises Development Act, 2006”. As per the Act, MSME Units are classified as under:
|Enterprise(Service Enterprises)||Investment in Plant & Machinery (Manufacturing Units)||Investment in Equipment|
|Micro||Up to ₨ 25 lacs||Up to ₨ 10 lacs|
|Small||Above ₨ 25 lacs up to ₨ 5 crore||Above ₨ 10 lacs up to ₨ 2 crore|
|Medium||Above ₨ 5 crore up to ₨ 10 crore||Above ₨ 2 crore up to ₨ 5 crore|
If your enterprise is going to start manufacturing or servicing then it requires to get registered with MSME. The registration with MSME is mainly in two parts:
The procedure for registration with MSME is as follows:
One of the most common questions we ponder on when the idea of starting the business of import and export is about obtaining the Import-Export Code (IEC). So, if your enterprise wants to import or export any product, commodity it does requires registration with Director General of Foreign Trade (DGFT). Even if you want to just purchase machinery for your production, it requires registration with DGFT and obtaining IEC. Moreover, for making any advance payment of products, machineries the banker will also requires your IEC.
The procedure for registration with Director General of Foreign Trade (DGFT) for Import Export Code (IEC) is as follows: