Steps involved in starting business in India

Registration Requirements

Time to
No: Procedure complet Cost to complete:
e

Obtain director identification number (DIN)

1 online from the Ministry of Corporate Affairs 1 day INR 100
portal (National)

Obtain digital signature certificate online from

2 private agency authorized by the Ministry of 3 days INR 1,500
Corporate Affairs (National)

Reserve the company name online with the

3 2 days INR 500
Registrar of Companies (ROC) (National)

INR 1,300 (INR 200 for MOA + INR 1,0

Stamp the company documents at the State for every INR 500,000 of share capita
4 1 day
Treasury (State) or authorized bank (Private) thereof + INR 100 for stamp paper fo
declaration Form 1)

Get the Certificate of Incorporation from the

5 Registrar of Companies, Ministry of Corporate 5 days INR 14,133 (see comments)
Affairs (National)

INR 350 (cost depends on the numbe

6 Make a seal (Private) 1 day
required and the time period for deliv
 Obtain a Permanent Account Number (PAN)
from an authorized franchise or agent
INR 67 (INR 60 application fee + 12.3
appointed by the National Securities Depository
7* 7 days tax + INR 5 for application form, if no
Ltd. (NSDL) or the Unit Trust of India (UTI)
downloaded)
Investors Services Ltd., as outsourced by the
Income Tax Department (National)

Obtain a Tax Account Number (TAN) for

income taxes deducted at source from the INR 57 (INR 50 application fee + 12.3
8* 7 days
Assessing Office in the Mumbai Income Tax tax)
Department

Register with the Office of Inspector, Shops, INR 6,500 (INR 2000 + 3 times regist
9* 2 days
and Establishment Act (State/Municipal) for trade refuse charges)

Register for Value-Added Tax (VAT) at the INR 5,100 (registration fee INR 5000
10* 12 days
Commercial Tax Office (State) duty INR 100)

Register for Profession Tax at the Profession

11* 2 days No cost
Tax Office (State)

Register with Employees’ Provident Fund

12* 12 days No cost
Organization (National)

Register for medical insurance at the regional

13* office of the Employees’ State Insurance 9 days No cost
Corporation (National)

* Takes place simultaneously with another procedure.