Tag Archives: #BusinessStartup

Can an individual person get registered under GST in India to sell online?

GSTRegistration for individuals   GSTRegistration for individuals Yes, an individual person can get registered under GST in India to sell online. Businesses with an annual turnover exceeding Rs. 40 lakhs (or Rs. 20 lakhs in special category states) are required to mandatorily register for GST. In certain instances, individuals whose annual turnover falls below the prescribed… Read More »

GST regis. for multiple states: How is the GST registration done for multiple states?

GST registration for multiple states GST registration can obtain a taxable person under GST in each of the State or Union Territory, from where the taxable supply of goods or services made. For example, if a restaurant operates in the States of Maharashtra and Delhi, then separate GSTIN would have to be obtained for Maharashtra… Read More »

Q236 Company registration for GST: Is company registration mandatory for GST registration?

Company registration for GST Yes, company registration is mandatory for GST registration in India. Only entities that register under a legal structure recognize by the Indian law can apply for GST registration. This includes companies registered under the Companies Act, 2013, as well as other types of entities such as LLPs (Limited Liability Partnerships), partnerships,… Read More »

What type of registration is required for sole proprietorship in India?

Sole Proprietorship   In India, a Sole Proprietorship is not required to be register with the government. However, depending on the nature of the business and the location. There may be certain registrations and licenses that the proprietorship needs to obtain to operate legally. Some of the registrations and licenses required for a sole proprietorship… Read More »

What is one person company?

One Person Company One Person Company (OPC) is a type of company that can be formed with only one person as its member or shareholder. It introduce in the Companies Act, 2013 to encourage small business owners and entrepreneurs to start their own companies with limited liability protection. A OPC has a separate legal identity… Read More »

Is it necessary to register a Pvt. Ltd. company for GST, if its services are exempted from GST?

Is GST Registration Necessary for a Pvt. Ltd. Company with Exempted Services? Navigating the complexities of Goods and Services Tax (GST) can be challenging for businesses, particularly when it comes to understanding registration requirements. For a Private Limited Company (Pvt. Ltd.) providing services that are exempt from GST, a common question arises: Is GST registration… Read More »

How do I start a private company in India?

Start a Private Company in India To start a private limited company in India have so many rule and regulation. Initiating the establishment of a Private company involves several sequential steps, outlined as follows: To visit https://www.mca.gov.in/ Obtain a Digital Signature Certificate (DSC): The initial step entails acquiring a Digital Signature Certificate (DSC) for the… Read More »

How many people are required to incorporate a private limited company?

Required individuals to incorporate private limited company In India, a minimum of two individuals are required to incorporate a private limited company. The two individuals can be Indian nationals or foreign nationals or a combination of both. One person needs to assume the role of a Director, while the other person has the option to… Read More »