Steps involved in starting business in India

Registration Requirements

Time to
No: Procedure Cost to complete:
complete

Obtain director identification number (DIN) online

1 from the Ministry of Corporate Affairs portal 1 day INR 100
(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 1,00

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

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 number of s

6 Make a seal (Private) 1 day
required and the time period for delivery)

Obtain a Permanent Account Number (PAN) from

an authorized franchise or agent appointed by the
National Securities Depository Ltd. (NSDL) or the INR 67 (INR 60 application fee + 12.36%
7* 7 days
Unit Trust of India (UTI) Investors Services Ltd., as + INR 5 for application form, if not down
outsourced by the Income Tax Department
(National)

INR 57 (INR 50 application fee + 12.36%

8* Obtain a Tax Account Number (TAN) for income 7 days
tax)
taxes deducted at source from the Assessing Office
 in the Mumbai Income Tax Department

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

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

Register for Profession Tax at the Profession Tax

11* 2 days No cost
Office (State)

Register with Employees’ Provident Fund

12* 12 days No cost
Organization (National)

Register for medical insurance at the regional office

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

* Takes place simultaneously with another procedure.