Expert Tax & Business Registration Services for Individuals and Businesses Business Registration

For GST Registration, you typically need: PAN Card of the business/proprietor, Aadhaar Card, Address Proof of the business premises (rent agreement/utility bill), Bank Account details with cancelled cheque, Passport-size photographs, and Business Registration Certificate (if applicable). For companies, additional documents like Certificate of Incorporation, MOA, and AOA are required.

Private Limited Company registration typically takes 7-12 working days from the date of submission of complete documents. This includes obtaining DSC, DPIN, name approval from MCA, and filing of incorporation forms. The timeline may vary depending on name availability and MCA processing speed.

GST Registration is a one-time process of obtaining a unique GSTIN (GST Identification Number) for your business. GST Return Filing is a periodic (monthly/quarterly) process of reporting your sales, purchases, and tax collected/paid to the government. Registration is mandatory before you can file returns.

For Individual taxpayers, the due date for filing ITR is usually July 31st of the assessment year. For businesses requiring audit, the due date is October 31st. For taxpayers requiring transfer pricing report, the deadline is November 30th. These dates may be extended by the government through notifications.

MSME/Udyam Registration is a government registration for Micro, Small, and Medium Enterprises. Benefits include: Collateral-free loans under CGTMSE, Priority sector lending from banks, Subsidies under various government schemes, Preference in government tenders, Protection against delayed payments from buyers, Lower interest rates on loans, and Tax benefits under Section 80JJAA.

Yes, if you have a GST registration, you must file Nil GST Returns (GSTR-1 and GSTR-3B) even if there is no business activity or no sales/purchases during the period. Non-filing of returns can lead to penalties and eventual cancellation of your GST registration.

TDS (Tax Deducted at Source) is a tax collected at the source of income. Businesses and individuals with specified thresholds of turnover/expenses must deduct TDS on payments like salary, rent, professional fees, contractor payments, interest, commission, etc. The deducted amount must be deposited with the government within specified due dates.

To register under Startup India: Your entity must be incorporated/registered in India for not more than 10 years, Turnover should not exceed Rs. 100 crore in any financial year, and it should be working towards innovation, improvement of products/services or processes. You need to register on the Startup India portal with your DPIIT recognition application.

Late filing of GST Returns attracts: A late fee of Rs. 50 per day (Rs. 20 for nil returns) for GSTR-3B, Interest at 18% per annum on the tax liability from the due date until payment, and In some cases, a penalty of up to Rs. 5,000 under Section 47 of the CGST Act. Consistent non-filing can lead to GST cancellation and blocking of input tax credit.

Proprietorship: Single owner, unlimited liability, easiest to start. Partnership: 2+ partners, unlimited liability, governed by partnership deed. LLP: Limited liability, minimum 2 partners, separate legal entity. Pvt Ltd Company: Limited liability, minimum 2 directors and 2 shareholders, most regulated but offers maximum credibility and funding access.

A Digital Signature Certificate (DSC) is an electronic form of a signature used to authenticate documents electronically. It is mandatory for: Filing company incorporation forms with MCA, Filing GST returns (for some categories), Filing Income Tax returns, E-tendering and e-procurement, and Signing electronic documents. Class 3 DSC is generally required for business purposes.

TDS Returns must be filed quarterly: Q1 (April-June) - Due by July 31st, Q2 (July-September) - Due by October 31st, Q3 (October-December) - Due by January 31st, Q4 (January-March) - Due by May 31st. Different forms apply: 24Q for salary TDS, 26Q for non-salary TDS, 27Q for NRI TDS, and 27EQ for TCS.

Section 80C allows deductions up to Rs. 1.5 lakh from taxable income for investments/expenses including: Life Insurance Premium, PPF Contributions, ELSS Mutual Funds, National Savings Certificate (NSC), 5-Year Fixed Deposits, Sukanya Samriddhi Account, Senior Citizens Savings Scheme, Tuition Fees for Children, Home Loan Principal Repayment, and NPS Contributions (additional Rs. 50,000 under 80CCD).

FSSAI (Food Safety and Standards Authority of India) Registration/License is mandatory for anyone involved in food business - manufacturing, processing, storage, distribution, or sale. There are three types: Basic Registration (turnover up to Rs. 12 lakhs), State License (turnover Rs. 12 lakhs to Rs. 20 crores), and Central License (turnover above Rs. 20 crores).

Import Export Code (IEC) is a 10-digit code issued by DGFT (Directorate General of Foreign Trade) required for importing or exporting goods and services from India. It is mandatory for any business engaged in international trade. IEC is valid for lifetime and does not require renewal. It can be obtained online through the DGFT portal.

ROC (Registrar of Companies) Annual Filing is mandatory for all registered companies and LLPs. For Companies: AOC-4 (Financial Statements) within 30 days of AGM, MGT-7 (Annual Return) within 60 days of AGM, and DIR-3 KYC for all directors. For LLPs: Form 8 (Statement of Account) and Form 11 (Annual Return). Non-compliance attracts heavy penalties and disqualification of directors.

Yes, you can register a One Person Company (OPC) under the Companies Act, 2013. An OPC is a separate legal entity with limited liability, but it has only one member (shareholder) who can also be the director. However, a nominee must be appointed who will become the member in case of death or incapacity of the sole member.

The New Tax Regime (default from FY 2023-24) offers lower tax rates (5%-30%) but with fewer deductions and exemptions. The Old Tax Regime has higher rates (5%-30%) but allows major deductions under 80C, 80D, HRA, LTA, etc. Taxpayers can choose the regime that offers lower tax liability. Salaried employees with few investments may benefit from the new regime.

Professional Tax is a state-level tax levied on income earned by salaried individuals and professionals. It is deducted by the employer from salary every month. The tax amount varies by state (typically Rs. 200-250 per month). Not all states levy professional tax. Registration is mandatory for employers and professionals in states where this tax is applicable.

Trademark Registration involves: 1) Trademark Search - Check availability of your mark, 2) Application Filing - File Form TM-A with the trademark registry, 3) Examination - Registrar examines the application, 4) Publication - Mark is published in the Trademark Journal, 5) Opposition Period - 90 days for third-party opposition, 6) Registration - Certificate issued if no opposition. The entire process typically takes 12-18 months.

Shop and Establishment Act Registration is a mandatory state-level registration for all commercial establishments including shops, offices, restaurants, warehouses, and businesses. It regulates working hours, holidays, wages, employment terms, and working conditions. The registration must be obtained within 30 days of starting operations and is typically valid for 1-5 years depending on the state.

The right business structure depends on: Nature of business, Number of owners, Liability preference, Funding requirements, Tax implications, and Growth plans. Sole Proprietorship: Best for solo entrepreneurs with low risk. Partnership: Good for professional services with 2+ partners. LLP: Ideal for service-based businesses wanting limited liability. Pvt Ltd: Best for startups seeking funding and scalability. We recommend a free consultation to determine the best structure for your specific needs.