Registration

GST Registration Online

GST refers for Goods and Services Tax. It was introduced by the Prime Minister of India in an attempt to regulate prices throughout the country and remove all state or central Govt. imposed indirect taxes on goods and services by initiating GST Registration Online  in India and New Company Registration in Chennai.

Whose businesses turnover exceeds above Rs. 20 lakhs is required to obtain their GST Number  as a normal taxable person. 

Apart for above New GST Registration is also mandatory for individuals or companies who are engaging themselves in the supply of goods or services across the state is required to apply GST Registration Online. Any One can GST Apply Online either as a normal taxpayer or under GST composition scheme Zone Tax India  helps you for apply online GST Registration Form easily and also offer all startup business solution at very genuine cost. Obtain your online GST Registration at very reasonable cost by our professional experts.

The State taxes subsumed under GST

These are the few taxes which are implemented  by state government  VAT, Entry Tax, Central Sales Tax, Entertainment and Amusement Tax, Luxury Tax,  Taxes on advertisements, Taxes on gambling, betting and lotteries related to the supply of commodities and services.

The GST Council, broadly approved GST rates for goods at nil rate,5%,12%,18% and 28% on certain goods.

DIFFERENCE BETWEEN CGST VS SGST VS IGST

DOCUMENTS FOR GST REGISTRATION

Pvt. Ltd. /Public Ltd. /OPC

LLP & Partnership Firm

Proprietorship Firm

How to submit the document

Time Duration: 03 to 5 Working Days

  1. Who having an annual aggregate turnover from all-India operations which is above the threshold limit of Rs.20 Lakhs and Rs.10 Lakhs for a special Category states is required to obtain GST registration.
  2. A Persons who Having Service Tax or VAT or Central Excise Registration.
  3. Who having business verticals in one state or branches in multiple states.
  4. Who making any kind of goods supply to other states.
  5. Required to pay tax under Reverse Charge its need when your supplier is not registered under GST).
  6. Agents of a supplier also need GST Registration.
  7. A Person Who Supplying goods or services through E-commerce Operator.
  8. E-commerce Operator / Aggregator who supplies goods or services online under his brand name such as Flip kart, Amazon, Ola.
  9. A Person Who is supplying online information and database access or retrieval services.
  • GST registration helps entrepreneurs for starting new firm and opening of current account.
  • GST registration helps in operating and managing better accounting of firm and company.
  • GST helps businesses to sale and purchases of B2B & b2c business.
  • It’s a very easy process and it takes less time to register as proprietorship firm.
  • GST helps Less tax liability
  • GST helps Limited compliances imposed
  • GST helps Interstate sales without restriction
  • GST helps Inter-state supply without restriction
  • GST helps Easy Registration on e-commerce websites
  • GST helps Competitive Advantages compared to other businesses
  • GST helps Higher threshold limit for registration
  • GST helps Facility of Composition Scheme
  • GST helps Simple and easy online procedure
  • Less number of complains

IE CODE REGISTRATION

Import Export or IE Code registration required for any one who are importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries and Government of India. IE code is a 10 digit alphanumeric code. Once IE Codes issued it can be used by the entity throughout and its existence does not require for any renewal or filing. Therefore, it is recommended for most of organizations to obtain IE code who are importing or exporting goods and services from India. Mostly importers merchant can not import any goods without obtain IEC Code and also exporter merchant cannot take benefits from the DGFT Department for the export scheme etc.The banks require the importers IE Code while sending or receiving money abroad and also IE Code must be quoted by importers while clearing customs and sending shipment. Also.

DOCUMENTS FOR IE CODE REGISTRATION

Pvt. Ltd. /Public Ltd. /OPC

LLP & Partnership Firm

Proprietorship Firm

How to submit the document

Time Duration: 01 to 02 Working Days

  • IE Code helps you to expand your business from local market to international market and also helps to expand your product or service across the global.
  • Once IEC Code issued under the DGFT for the lifetime validity so IE code holder does not require renew of any returns so it is a just a onetime cost of the registration.
  • IE Code can be obtain by the individual person in their name who are proprietors. It is not necessary to set up a business for the same.
  • IEC Code is issued for lifetime so it does not required for renewal.

MSME / SSI / UDYOG AADAR

Micro, Small & Medium Enterprises – The Engine of inclusive growth & development.

What is MSME / SSI / Udyog Aadar?

The registration under Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 is for facilitating the promotion and development and enhancing the competitiveness of Micro, Small and Medium enterprises.

Though the MSME registration is not statutory, it is beneficial for business at it provides a range of benefits such as eligibility for lower rates of interest, excise exemption scheme, tax subsidies, power tariff subsidies, capital investment subsidies and other support.

Slabs for Micro, Small and Medium enterprises.

The following slabs have been prescribed under the MSMED Act to determine the status of the Enterprise:

No Type of Enterprise Manufacturing Industry(Investment in Plant and Machinery) Service Industry(Investment in Equipment's)
1 Micro Does not exceed Rs.25 Lac Does not exceed Rs.10 Lac
2 Small Exceeds Rs.25 Lac but does not exceed Rs.5 Crore Exceeds Rs.10 Lac but does not exceed Rs.2 Crore
3 Medium Exceeds Rs.5 Crore but does not exceed Rs.10 Crore Exceeds Rs.2 Crore but does not exceed Rs.5 Crore

Advantages

Required Documents for MSME Registration

Pvt. Ltd. /Public Ltd. /OPC

LLP & Partnership Firm

Proprietorship Firm

How to submit the document

Time Duration: 01 to 04 Working Days

Trademark Registration

A trademark is a name, symbol, or combination of both used by a company to distinguish its brand. Trademarks that are used to distinguish the services provided by a company are referred to as service marks.

Trademark in India

The primary aim behind registering a trademark is to prevent other companies from infringing on the identity of your company. It stops them from manufacturing goods or services using your identifying mark.

Trademark laws may apply locally or internationally, depending on where you choose to register your mark. Although it is advisable to register your trademark early, there are situations where you can still get protection for an unregistered trademark.

With growing number of businesses and intense competition copyright piracy, trademark counterfeiting, and patent infringement have become significant problems in the business community. Certainly any small business that exports its IP protected products abroad or sources its products or parts overseas must take into account the potential for rampant IP theft in many countries. As a new organisation, it is absolute necessary to register your intellectual property through Patent / Copy Rights / Trade Mark.

The Complete Trademark Search & Filing Package is the most comprehensive and popular option for protecting a business name, logo, or slogan. The service includes:
  • The Comprehensive Trademark Search, which will identify any potential conflicts with other trademarks.
  • Written legal analysis of your Comprehensive Trademark Search results.
  • Preparation and Filing of your Trademark Application personally by B-Perfect.
  • Phone consultations regarding any issues pertaining to your Trademark Application.

Trademark registration under intellectual property India provides a business with several advantages that can help them competitively and legally.

It all starts with the right of ownership.

  • You legally own the mark
  • You can pursue legal action against infringers
  • Your trademark will appear in searches
  • Prevent against imported goods
  • Easier path to international rights
  • Use of ® symbol

Professional Tax Registration

The Tax imposed by the state government on Individuals who is earning through any profession. Which different from income tax imposed by Central government.

Professional Tax Registration

Professional tax is a tax that is levied by a state government on all individuals who earn a living through any medium. This should not be confused with the definition of professionals that indicates people such as doctors. This is a tax that is to be paid by every single earning individual. The calculation and amount collected may differ from one state to another. The owner of a business is responsible to deduct professional tax from the salaries of his employees and pay the amount so collected to the appropriate government department.
Professional Tax Registrations across India

DOCUMENTS FOR Professional Tax REGISTRATION

Pvt. Ltd. /Public Ltd. /OPC

LLP & Partnership Firm

Proprietorship Firm

How to submit the document

Time Duration: 05 to 08 Working Days

Following are the reasonable factors why should one never miss professional tax:

  • Paying a professional tax is a judicial requirement and if any individual avoiding it can be reliable for the penalty or legal issues and self-employed individual and employer should also pay their professional tax depending on their rates or wages provided by their respective state within the prescribed time.
  • Professional tax is simple and easy to comply with. Rules and regulations governing professional tax enforce minimal restrictions and it is very simple to get registered with uncomplicated monthly or annual compliances.
  • The deduction can be laid claim of earlier paid professional tax.
  • Being a state tax, the  Professional tax a local tax authority’s obligation to get the professional tax deducted from fees of the professional, business income, and salary.

The Professional tax is applicable to the following class of individuals in states where they are working:

  • HUF
  • Individual
  • One person Company/Private/Public
  • Co-operative Society
  • Body of Individuals

Association of Person

Individuals who fail to submit their professional tax is levied for the penalty. All states enforce a penalty for individual who is not registering professional tax even after it has become applicable. The amount of penalty for not submitting the professional tax varies from state to state.  A penalty of Rs5/- a day is applicable on late in getting the registration of professional tax certificate. For non/late payment of profession tax, the penalty of 10% of the amount of tax with is imposed. In case of late filing of returns, an individual has to pay Rs.1000 of penalty and after a month, a penalty will be increased to Rs.2000.

EPF Registration

The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 which provides provident funds, pension fund and deposit-linked insurance fund for employees in factories and other establishments.
The Employees’ Provident Fund Organisation (EPFO) is a statutory body of the Government of India under the Ministry of Labour and Employment. It administers a compulsory contributory Provident Fund Scheme, Pension Scheme and an Insurance Scheme.
  • Every establishment which is engaged in any one or more of the industries specified in Schedule I of the Act or any activity notified by Central Government in the Official Gazette. Employing 20 or more persons.
  • Cinema Theatres employing 5 or more persons.
  • Voluntary Coverage: If any of the establishment is not satisfying the above two conditions for coverage and if the employer and majority of the employees are willing, the Act may be applicable to such establishment.
  • EPFO solicits cooperation of all establishments in ensuring a decent post retirement life for all workers & EPFO solicits advice and suggestions from employers and establishments in facilitating achievement of this goal.
  • Enrolment of all eligible employees on its rolls (regular or contractual) – wages up to Rs.15,000/- at the time of joining the establishment.
  • Have to deduct 12% contribution from Employees wages/salary (Basic+DA+retaining allowances if any) on monthly basis and it has to be remitted to EPF fund along with employer equal share.
  • Confirm remittance status of contractual employees belonging to an EPF registered establishment before releasing payment to such contractors.
  • Enroll employees drawing wages more than Rs.15,000/- if they so desire.
  • Verify and confirm that all employees have KYC (Aadhaar, Bank Account and PAN) compliant UAN (Universal Account Number)
  • The private EPF Trust seems to be more appealing as money remains with the in-house trust formed by the employer.
  • The employees also gain from the tax benefits which were at par with the statutory provident fund scheme as well as speedier settlement of their claims on retirement/ resignation.
  • Easy Availability of Advances.
  • Getting DSC [DIGITAL SIGNATURE CERTIFICATE] for all Directors.
  • No hassles of dealing with public departments.
  • Availability of Refundable advances.
  • Faster settlements
  • Employee may get more interest

DOCUMENTS FOR EPF REGISTRATION

Pvt. Ltd. /Public Ltd. /OPC

LLP & Partnership Firm

Proprietorship Firm

How to submit the document

Time Duration: 05 to 8 Working Days

ESIC Registration

An integrated need based social Insurance scheme

The promulgation of Employees’ State Insurance Act, 1948 envisaged an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, and death due to employment injury resulting in loss of wages or earning capacity. The Act also guarantees reasonably good medical care to workers and their immediate dependents.

BENEFITS

ESIC Provides Reasonable Medical care for all self and family from day one of entering into insurable employment.
ESIC Provides Monthly cash allowance for a duration of maximum 24 months in case of involuntary loss of employment of permanent invalidity due non-employment injury.
ESIC provides medical benefits for retired / superannuated leisured persons in ESIC hospitals.
ESIC provides medical benefits for retired / superannuated leisured persons in ESIC hospitals.
ESIC Provides 100% of average daily wages in cash up to 26 weeks in confinement and 6 weeks in case of miscarriage, during maternity leave.
ESIC Provides continuous monthly payment till injury lasts for temporary disablement and for whole life for permanent disablement.
ESIC Makes Payment of actual fee charged or INR 123/- per day in case of disablement due to employment injury.
ESIC Provides monthly pension shareable in fixed proportions among dependents in case of death due to employment injury.
100% Average daily wages in case of physical disablement due to employment injury as long as the person is admitted in an artificial limb centre
ESIC provides INR 5000/- per case (subject to two cases) where ESI medical facilities are not available
ESIC provides actual expenses subject to a maximum of INR 10000/- in case for funeral of a deceased

Digital Signature Certificate (DSC)

A Digital Signature Certificate is a secure digital key that is issued by the certifying authorities for the purpose of validating and certifying the identity of the person holding this certificate. Digital Signatures make use of the public key encryptions to create the signatures. A digital signature certificate (DSC) contains information about the user’s name, pin code, country, email address, date of issuance of certificate and name of the certifying authority.
Digital Signature Certificates are helpful in authenticating the personal information details of the individual holder when conducting business online.
Instead of signing the hard copy documents physically and scanning them to send them via e-mail, you can digitally sign the PDF files and send them much more quickly. The Digital Signature certificate holder does not have to be physically present to conduct or authorize a business
Documents that are signed digitally cannot be altered or edited after signing, which makes the data safe and secure. The government agencies often ask for these certificates to cross-check and verify the business transaction.
Digitally signed documents give confidence to the receiver to be assured of the signer’s authenticity. They can take action on the basis of such documents without getting worried about the documents being forged.
Individuals and entities who are required to get their accounts audited have to file their income tax return compulsorily using a digital signature. Furthermore, the Ministry of Corporate Affairs has made it mandatory for companies to file all reports, applications, and forms using a digital signature only Under GST also, a company can get registered only by verifying the GST application through a digital signature. The use of a digital signature is necessary even for filing all applications, amendments and other related forms.
The Controller of Certifying Authority for the purpose of issuing digital signatures in India has authorized eMudhra as one of the certifying authority for issuance of Digital Signature Certificate. Other certifying authorities may include (n) Code Solutions, National Informatics Centre, Safescrypt and Institute for Development and Research in Banking Technology.
The type of applicant and the purpose for which the Digital Signature Certificate is obtained defines the kind of DSC one must apply for depending on the need. There are three types of Digital Signature certificates issued by the certifying authorities.
These are issued to individual/private subscribers and are used to confirm that the user’s name and email contact details from the clearly defined subject lie within the database of the certifying authority.
These are issued to the director/signatory authorities of the companies for the purpose of e-filing with the Registrar of Companies (ROC). Class 2 certificate is mandatory for individuals who have to sign manual documents while filing of returns with the ROC.

These certificates are used in online participation/bidding in e-auctions and online tenders anywhere in India. The vendors who wish to participate in the online tenders must have a Class 3 digital signature certificate.
Following are the requirements for Applying for Digital Signature Certificate

  1. Submission of DSC Application form duly filled in by the applicant
  2. Producing Photo ID proof
  3. Producing Address proof
  • Digital signatures are issued for 1 or 2 years. After their validity has expired, they need to be renewed
  • A person can have different DSCs – one for official purpose and the other DSC for personal purpose
  • Digitally signed documents are acceptable in legal courts as an evidence or proof

Agricultural and Processed Food Products Export Development Authority (APEDA)

Agricultural and Processed Food Products Export Development Authority is an Apex-Export Trade Promotion Active government body set up by the Ministry of Commerce and Industry, Government of India under the Agriculture and Processed Food products Export Development Authority.

APEDA Registration Is Mandatory For All Exports Of Scheduled Products. Through APEDA Registration, An Exporter Can:

  • Obtain guidelines on improving the packaging and marketing of the Scheduled Products to be exported.
  • Attend training sessions conducted by APEDA in various aspects of the industries connected with the Scheduled Products.
  • Get enlisted under the Exporters Directory available on the APEDA website.

Get brand publicity by advertising and promoting the products with the APEDA registration.

  • Details of registered office, head office and branch office.
  • Duly signed and sealed copy of application form.
  • Self-certified copy of Import Export Code (IEC) issued by the Director-General of Foreign Trade.
  • Bank certificate in the prescribed form to support the financial soundness of the applicant.
  • Certified copy of MOA (in case of a company) or partnership deed (in case of partnership firm) or trust deed/Memorandum of Rules & regulations (in case of trust/society).
  • Certified copy of MOA (in case of a company) or partnership deed (in case of partnership firm) or trust deed/Memorandum of Rules & regulations (in case of trust/society).
  • Details of registration with other Export Promotion Council/Commodity Board, if any.
  • Details of the licence issued by any sponsoring authority (DGTD, State Director of Industries etc.)

How to submit the document

Time Duration: 05 to 08 Working Days

ISO Registration

ISO registration is a registration process that is ideal for the purpose of increasing the quality and standard of the entity’s services or products.
ISO or the International Standard Organization certification provides believability and credibility to the organization. To maintain consistency and quality in this vast global marketplace, across all types of industries and nations, balances and checks need to be in one location. This certification ensures that the manufacturing process and the management system of the organisation hold all the needed requirements for calibration and quality assurance. ISO issues the certification to many types of industries such as energy management, medical devices and social responsibility. It is an independent association, non–governmental and international organization with about 164 members of national standard bodies.
The purpose of ISO certification is to certify certain standards and quality that will guarantee the safety, and efficiency of the services, products, and systems. ISO registration plays a vital role in many businesses as this certificate behaves or acts like a proof that the documentation process, the manufacturing process, service and management system of that particular business are concerning to all the requirements related to quality assurance and standardization.
ISO certificate is granted to many types of industries, from social responsibility and energy management to medical devices and risk management of the business. Each ISO certification holds a separate set of criteria and standard, and it is classified numerically. Such as ISO 9001:2015.

Registering with ISO 9001 certification is important for industries related food manufacturing units. This certification assures that the quality of the food products is maintained properly. ISO 9001 certification is mandatory from Small to the medium-sized manufacturer (SMM) and it is essential to measure their QMS. Owning a QMS allows you to make sure and to check on the irregularities for food safety and its standards and also helps in providing high-quality products by the entity.

  • ISO certification plays a vital role in building credibility in the overseas business market if the company or entity is planning to expand its business internationally.
  • Helps in improve customer satisfaction, as ISO standards aim to make organizations offer the best quality products and services to their customers.
  • After getting the ISOcertification, the product must match the quality and standard of international standard; if it fails the product will face rejection due to quality issues.
  • ISO certification is essential, even for government purposes such as to bid in tenders.
  • Maintaining standards and quality in food products enhance the growth, cost savings and profitability, for SMMs.

Types of ISO Certificates

This certificate is issued for keeping the environment in the first place and it sets out criteria that every business working place and office must follow to standards of the environmental management system.
This one sets a particular standard for quality management. Even though it is not mandatory to set any standards, many entities choose to use it as it helps to create customer focus through creating a marketplace for that particular brand.
This certificate sets criteria in safeguarding and keying out the food safety standard hazards. Many organizations are using this and set out a particular standard for their organizations to follow.
This certificate sets specific guidance to the organization which has a huge responsibility to prevent and protect the future of the general public. It also guides the organisations on how to perform in a transparent and ethical way which in turn pays a way to better health and protective society.
An organization which is willing to go with this standard holds crucial to harmonize crucial management with its efforts to improve the standards of environmental management and quality.
Organizations which work on designing, installation, production, providing services connected with medical devices should obtain this certificate. The purpose of this certificate is to ensure that the organizations are following the best quality practices and best management system.
This Certification provides rules, system, standards, and a procedure to handle the hazard. It is important to manage with the hazard adequately and it is done by obtaining this certificate. And to work firmly and with the expert report, which promotes the associations to operate well and with complete sureness.

Documents Required for Online ISO Registration

How to submit the document

Registration Procedure to obtain ISO

  • The applicant or the organisation has to make an application as directed by the ISO Certification body. And it must contain the rights and responsibilities of the business.
  • Now, the authorized registrar will check the documents of quality manuals and all other documents such as policies and procedures of the company.
  • Then, the Registrar will conduct an on-the-spot inspection, to examine or to check what all necessary changes are needed in the company. 

In case, registrar observes anything that is not meeting the specified requirement of ISO standards, it is the responsibility of the business owner to come out with a plan to execute to eliminate all the flaws of the entity. The action plan needs to hold the complete and detailed list of all the tasks which are needed to be performed.

Company Registration

PRIVATE LIMITED REGISTRATION

Private Limited Company

Private limited company is the most popular option for start-ups and emerging businesses in India which gives competitive advantage to attract the Venture Capitalists. DIN, DSC, Name Approval, MOA, AOA, Incorporation Certificate, PAN and TAN.Best New Company Registration in Chennai.

  • Limited by shares i.e. a company having the liability of its members limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them
  • Having a minimum paid-up share capital as may be prescribed, and which by its articles
  • Limits the number of its members to Two Hundred.
  • Attract Investors and FDI
  • Flexibility & Easy Expansion for better growth
  • Separate Legal Entity
  • Gain Confident in Brand Promotions & Branding
  • No of  Director’s  PAN Card                                                                
  • Director’s passport size photo-2 Nos
  • Director’s  Aadhar Card
  • Director’s  Mobile No & Mail Id                                                              
  • Rental Agreement & EB Card                                                                  
  • Company Name & Address
  • Nature of Business
  • Initial level discussion between the Promoters and Zonetax
  • Ascertaining documents required and availability.
  • Preparation and signing of documents.
  • Getting DSC [DIGITAL SIGNATURE CERTIFICATE] for all Directors.
  • Getting DIN [DIRECTOR IDENTIFICATION NUMBER] for all Directors.
  • Preparing MOA and AOA.
  • SPICe(INC-32) Filing i.e. Incorporation of the company.

Company PAN & TAN.

How to submit the document

Time Duration: 05 to 08 Working Days

What are the Requirements for a Pvt Ltd Company Registration?

To register a pvt ltd company a company must have at least two directors and a minimum of one director should be an Indian. The maximum number of directors a Private Limited Company can register is 15.
The registered office of the Private Limited Company must be in India. It need not to be an owned space as even a rented space can be used as long as a NoC is obtained from the owner of the property.
There is no minimum Capital Requirement for a Private Limited Registration. However, it is suggested to register a pvt ltd company with a minimum capital of INR 1 Lakh in order to avoid multiple capital increase.

LIMITED LIABILITY PARTNERSHIP

The Limited Liability Partnership concept is introduced in India by way of the Limited Liability Partnership Act, 2008A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization with low compliance cost. LLP has all time a beneficial entity from Income Tax point compared to other forms of entities and thus it carries special advantages for new startups in LLP. LLP is one of the easiest form of business to incorporate and manage. LLP have very little compliance to fulfill, in comparison to private limited companies
A Limited Liability Partnership business is required to file an Annual Return within 2 months of the closing of the financial year.The return needs to be filed with Form 8 and Form 11 with the Registrar of Companies (RoC).

  • Attract Investors and FDI
  • Flexibility & Easy Expansion for better growth
  • Separate Legal Entity
  • Gain Confident in Brand Promotions & Branding
  • No of  Partner’s PAN 
  •  Partner’s passport size photo-2 Nos
  • Partner ‘s Aadhar  Card
  • Partner’s Mobile No & Mail 
  • Rental Agreement & EB Card
  • Company Name & Address
  • Nature of Business  

How to submit the document

Time Duration: 05 to 08 Working Days

Limited Liability Partnership Registration Requirements

For a Limited Liability Partnership the LLP must have at least two Partners and a minimum of one Partner should be an Indian. There is no upper limit for the maximum number of Partners in LLP.
The registered office of the Limited Liability Partnership must be in India. It need not to be an owned space as even a rented space can be used as long as a NoC is obtained from the owner of the property
There is no minimum Capital Requirement to Register Limited Liability Partnership. However, it is suggested to register with a minimum capital of INR 1 Lakh in order to avoid multiple capital increase at initial stages.
Adding the type of business at the end of the desired LLP name helps people to figure out the products/services of your LLP and establishes a brand image in the relevant domain.
The name of the LLP must end with the suffix “LLP” in a case of a Limited Liability Partnership, “OPC Private Limited” in case of a One Person Company and “Private Limited” in case of a Private Limited Company.

ONE PERSON COMPANY

One Person company is a new concept in India introduced in the Companies Act, 2013. One of the advantages of a OPC is that there can be only one member in a OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership. OPC formation will be same as Private limited company, except in the name of the company OPC must be included. Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of OPC. If an OPC hits a turnover crosses Rs. 2 crores, it should be converted into a private limited company or public limited company.

What is One Person Company (OPC) Registration?

The One Person Company (OPC) in recent times was launched as a good refinement over the sole proprietorship. In OPC, a single promoter gains full authority over the company thereby restricting his/her liability towards their contributions to the enterprise. Therefore, the said person will be the sole shareholder and director (however, a director nominee is present, but has zero power until the real director proves incapable of getting into the contract). Also, there can be no opportunity for contributing to employee stock options or equity funding. Additionally, if an OPC company has an average hattrick turnover of Rs. 2 crores and over or acquires a paid-up fund of Rs. 50 lakh and over, it has to be converted to a private limited company or public limited company within six months.
  • No of  Director’s  PAN Card                                                                     
  • Director  passport size photo-2 Nos                                     
  • Director   Aadhar Card                                                         
  • Director  Mobile No & Mail Id                                                              
  • Rental Agreement & EB Card                                                                   
  • Company Name & Address                                           
  • Nature of Business  

How to submit the document

Time Duration: 05 to 08 Working Days

Process

We reserve the name of your company, and help you obtain the DSC and DIN.
We draft and file the documents required for your OPC registration (MoA, AoA, PAN & TAN).

We help you with the post-registration formalities and compliances.

One Person Company Registration Requirement

For a One Person Company Registration / OPC Registration, a company must have at least one director. The maximum number of directors a One Person Company ( OPC ) can register is 15
The registered office of the One Person Company ( OPC ) must be in India. It need not to be an owned space as even a rented space can be used as long as a NoC is obtained from the owner of the property.
There is no minimum Capital Requirement for a One Person Company ( OPC ). However, it is suggested to register with a minimum capital of INR 1 Lakh in order to avoid multiple capital increase

Partnership Firm

Partnerships are ideal for small business in the unorganised sector having multiple promoters. Partnership Deed, Form “C”, PAN and TAN.

What is Partnership Firm?

According to the partnership Act, 1932, “Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into partnership with one another are called individually, “partners” and collectively “a firm”, and the name under which their business is carried on is called the “firm-name”.
  • Require Documents Address & ID proof of Director & Nomine
  • Address Proof of registered office – Address proof of proposed registered office for registration of company.
  • Easy to form
  • Flexible in operation
  • Less compliance
  • Relatively inexpensive
  • Initial level discussion between the Promoters and Zonetax Team.
  • Ascertaining documents required and availability.
  • Preparation and signing of documents.
  • Preparation of Partnership Deed
  • Registration of Partnership Firm i.e. Form “C” Company PAN & TAN

Advantages of Partnership Firm Registration

Compared to other firms or business structures like a proprietorship firm, funds can be easily raised in a registered partnership firm. Banks consider this type of firm more favourable for approving credits and loans and also having multiple partners in the firm pay the way to get a more feasible contribution.
Partnership firms are broadly considered as one of the easiest business structures as they can be incorporated by simply formulating a partnership deed for which registration process is necessary. Therefore, it can be formed anytime when the partners are ready to contribute and just with very minimum documentation whereas in the case of other types of firms it requires about 10-15 days to cover up all the formalities such as obtaining DSC, DIN, DPIN name approval, and so on.
It’s an easier and simple process to make a decision in a partnership firm registration in India as you don’t have to follow any rules and regulations to pass a resolution in the firm. A partner of the firm can perform transactions or money-related activities on behalf of the partnership firm without any consent of other designated partners.
All the partners of the partnership firm are assigned with their own works and responsibilities considering their capability, as drafted in the partnership deed. Partnership deed aids the partners of the firm to manage the business smoothly without any type of conflicts and disputes.

Disadvantages of the Partnership Firm Registration

The liabilities of partners of the partnership firm are not limited which is the biggest drawback for the partners of the firm. In case of any other misfortune or debt, the personal assets of the partners can be used to clear the loans or issues or debts.
Limitation in the maximum number of members, yes, the maximum number of partners is limited to 20 in the Partnership Firm.

Society Registration

A Society is generally formed when a group of individuals come together with a common objective of serving the society. In order to become a registered legal entity, a Society must register under The Societies Registration Act, 1860. Society Registration, under, The Society Registration Act, in India, lays down certain procedures for the sake of society registration & operation. This act was implemented with the purpose of augmenting the legal stipulations of society registration for the advancement of literature, fine arts, science or distribution of awareness for bountiful purposes. The society registration act, 1860 has been accepted by several state governments without or with further amendments. A society exists for the purpose of charitable activities such as poverty relief, arts, education, religion, cultures and sports. The Governing body members are entrusted with the management of the affairs of the society. Even Non-Indian citizens can be a part of the Societies in India.

For a society registration, the mentioned below documents are needed:

  • The Society  name 
  • Address proof of the registered office.
  • Identity proof of all the members of the company which can be:
  • Aadhaar card
  • Copy of Passport
  • Driving License
  • Voter ID
  • Two copies of the MOA and By-laws as per the specified norms for the society registration.

How long will it take?

Submission of Basic Info & Documents – One – Two Days

Drafting Memorandum of Association
Two – Three Days

Drafting Bylaws – Two – Three Days

Registration – one day

How to submit the document

Tax Return

TDS Return Forms - 24Q, 26Q, 27Q & 27EQ

Tax Deducted at Source or TDS is a type of advance tax which is deducted from the earnings of an individual or an organization before the money is actually credited into that entity’s account, according to the Indian Taxation Code. The government is able to generate revenues by implementing the provisions of TDS on the earnings of individuals as well as businesses. Rules and regulations regarding TDS are controlled and governed under the Income Tax Act, 1961 by the Central Board of Direct Taxes (CBDT)

As the name suggests, “Tax Deducted at Source” implies that the payee or the employer deducts the tax before making a payment to the receiver. Tax Deducted at Source is applicable on income earned regularly and also on the income earned occasionally or irregularly. Thus, TDS is applicable on various incomes, including, but not limited to Salary, Commission, Rent, Professional Fees and Interest.

Advantages of payment of TDS

TDS is payable on the earnings so it is important to note that the liability to pay TDS is applicable only in the event of earnings actually taking place. TDS is deducted before making payments. Deductions are to be made on payments that are made in cash, cheque or credit. The amount deducted under TDS is further deposited with various government agencies.

Payment of TDS has various advantages which are as follows:

  • Deducting TDS at source prevents tax evasion.
  • Tax collection is done duly and in a timely manner.
  • A large number of people come under the tax net.
  • Collection of TDS is a steady source of revenue for the government.
  • Individuals
  • Hindu Undivided Family
  • Limited Companies
  • Partnership Firms
  • Body of Individuals
  • Association of Individuals
  • Local Authorities
Payments such as salaries, commission, professional fees, interest earned, rent etc. are subject to TDS deduction. Based on the type of income and amount of income earned, TDS is paid at various rates. Thus, different kinds of income has different TDS rates and the tax is paid on the extra amount earned after a certain maximum threshold limit is attained. The rate at which TDS is paid varies from 1 per cent to 30 per cent, depending on the income taxed.
As commonly known, TDS is deducted on the payments made to the receiver. It means that the payments are done to the receiver after deduction of appropriate tax for the income in question. The amount of TDS that the receiver is liable to pay is deducted from the payment the receiver is liable to receive and the remainder is paid out. It is important to note that the liability to deduct TDS is of the deductor. For instance, in case of employer paying salary to employee, the employer is the deductor and the employee is the TDS deductee.
A TDS Return is a summary of all the transactions related to TDS made during a quarter. TDS Return is a quarterly statement submitted by the deductor to the Income Tax Department. The statement shows a summary of all the entries for TDS collected by the deductor and the TDS paid by the deductor to the Income Tax Authority. The TDS Return statement includes details like the PAN number of the deductor & the deductees, all the detailed particulars of the TDS paid to the government and the TDS Challan information.
It is used for preparing eTDS returns for the TDS deducted on salary under Section 192 of the Income Tax Act, 1961. It has to be submitted on a quarterly basis by the deductor. It contains details like salaries paid and the TDS deducted of the employees by the employer. It contains 2 annexures namely Annexure-I and Annexure II. Annexure-I contains details of the deductor, deductees and challans, while Annexure II contains the salary details of the deductees. Annexure-I is to be submitted by the deductor for all the four quarters of the financial year. Annexure II need not be submitted in the first three quarters of the financial year, but has to be furnished and submitted in the fourth quarter of the financial year with details of the employees’ salaries of the entire financial year.
It is to be submitted for tax deduction at source for all the payments received other than the salary. It is submitted on a quarterly basis by the deductor and is applicable for tax deducted at source under section 200(3), 193 and 194 of the Income Tax Act of 1961. The income on which the tax is deducted at source includes interest on securities, dividend securities, professional fees, directors’ remuneration, etc. It is compulsory to furnish PAN by the deductors who are non-government deductors. For government deductors “PANNOTREQD” has to be mentioned on the form.
It is applicable for payments made to non-resident Indians and foreigners other than salary. It has to be filled in for the declaration of Tax Deducted at source for the NRIs and Foreigners. It is submitted on a quarterly basis by the deductor and is applicable for tax deducted at source under section 200(3) of the Income Tax Act of 1961. The income on which the tax is deducted at source includes interest, bonus, any additional income or any other sum owed to non-resident Indian or foreigner. It is compulsory for non-government deductors to furnish PAN. For government deductors the code “PANNOTREQD” has to be mentioned on the form.
It is a quarterly statement that furnishes the details and information of the tax collected at source as per section 206C of the Income Tax Act of 1961. The form 27EQ is submitted on a quarterly basis. In this form it is mandatory to furnish TAN. It is the statement to show the Tax Collected at Source (TCS), which is the tax collected by the seller. When a buyer purchases certain goods or commodities, the seller collects the tax from the buyer through the TCS route. This tax is collected on the payment received from the buyer either in cash, credit, cheque, demand draft or from any other mode of payment. It is to be furnished by corporate deductors and collectors but not by government deductors and collectors. It is compulsory to furnish PAN by the deductors who are non-government deductors. For government deductors, the code “PANNOTREQD” has to be mentioned on the form.

Income Tax Return

Here are the documents you must collect and things you must do before filing your ITR for FY 2018-19. Do keep in mind that for salaried people, usually file their return using either ITR-1 or ITR-2 which is now available on the e-filing website.
Income Tax Return is the form in which assessee files information about his Income and tax thereon to Income Tax Department. Various forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7. When you file a belated return, you are not allowed to carry forward certain losses. The Income Tax Act, 1961, and the Income Tax Rules, 1962, obligates citizens to file returns with the Income Tax Department at the end of every financial year.] These returns should be filed before the specified due date. Every Income Tax Return Form is applicable to a certain section of the Assessees. Only those Forms which are filed by the eligible Assessees are processed by the Income Tax Department of India. It is therefore imperative to know which particular form is appropriate in each case. Income Tax Return Forms vary depending on the criteria of the source of income of the Assessee and the category of the Assessee.

Penalty on late filing of ITR

As per the new law from this year, Individuals will have to pay late fee after last date to file income tax return for the FY 2018-19

  1. Rs 5000 if tax is filed after due date of 31st Aug but on before 31 December of that assessment year (in this case 31 December 2019)
  2. Rs 10,000 if tax is filed after 31 December but on or before 31 March of the relevant assessment year (in this case from 1 January to 31 March 2020

But, there is relief to small taxpayer, IT Department has stated if your total income does not exceeds 500,000 , then maximum penalty of Rs 1000 will be levied on delay of ITR filing.

ITR-1 form is an essential x form [Income Tax Return form] for Indian citizens filing their tax returns with the Income Tax Department. This form is issued by the Income Tax Department of India and is an integral part of the rules laid down by the Government of India for filing Income Tax Returns.

Eligible individuals for ITR-1 SAHAJ (Hindi terminology meaning ‘easy’

 Individuals who have earned their Income for a Financial Year only through the following means are eligible to fill the ITR-1 SAHAJ form.

  1. Through Salary or Pension
  2. Through One House Property (except in case of losses brought forward from preceding years)
  3. Through other sources apart from Lottery, Racehorses, Legal Gambling etc. Other sources include FD interest, spousal pension etc.

In case of clubbed Income Tax Returns, where a spouse or a minor etc. is included in the tax returns, this can be done only if their income too is limited to the specifications laid down above

The ITR-2 Form is an important Income Tax Return form used by Indian citizens as well as Non Residents to file their Tax Returns with the Income Tax Department of India. The Income Tax Act, 1961, and the Income Tax Rules, 1962, require citizens to file their tax returns with the Income Tax Department at the end of every financial year and this form is a part of the filing process as specified by the Government of India. The due date for filing return with the Income Tax Department of India is 31 July every year. This is subject to change only if a directive to this effect is issued by the Income Tax Department or the Ministry of Finance, India. The Financial Year ends on 31 March every year so Assessees have a period of four months to prepare their Income Tax Returns. Eligibility for the ITR-2 Form The use of the ITR-2 Form is applicable to the following means of income only. This form is available for both Individuals as well as Hindu Undivided Families. Individuals earning an income only through the following means are eligible to fill and submit the form to the Income Tax Department.
  • Earning Income through a salary or pension
  • Income through House Property.
  • Earning Income through capital gains (Short Term and Long Term)
  • Earnings through Other Sources (includes Income through Lottery Winnings, through bets on Racehorses, and other Legal methods of Gambling)
The Income Tax Returns, if clubbed together with that of a spouse, minor child etc. needs to ensure that their sources of income are similar to those stated above. Only then can their returns be filed together. A difference of earnings in even one category makes the Assessee liable to fill a separate and applicable Income Tax Returns Form.

The ITR-3 Form particularly applies to those Individuals and Hindu Undivided Families who are registered as Partners in a firm. As per Rule 12 of the Income Tax Rules, 1962, this form does not apply to those who are Proprietors of a firm. It is mainly for the business which includes partnership deals. It is also applicable for professionals but it should be a partnership profession.

Eligible Assessees for the ITR-3 Form

The eligibility criteria of every Income Tax Return form are governed by a set of rules and conditions. The ITR-3 Form is applicable only to those Individuals and Hindu Undivided Families that can be placed under the following categories

  • Is a Partner in a firm
  • Gains Income through ‘Profits or gains of business or profession’
  • Gains Income by means of interest, salary, bonus, commission, remuneration, as a partner

If the partner of a firm only earns income from the firm as a share in the profits and not by any other means such as interest, bonus, salary, remuneration, or commission etc. then such an Individual or Hindu Undivided Family should file Income Tax Returns using only the ITR-3 Form, and not the ITR-2 Form.

Non-eligible Assessees for the ITR-3 Form

Individuals and Hindu Undivided Families who are not eligible to fill the ITR-3 Form are those who have earned Income through a Business or Profession operated as a Proprietorship firm.[8] Assessees, who apart from being a partner in a firm, also have sources of income from a business or profession, including the speculation market, are also not eligible to file their Income Tax Returns through this form.

The ITR-4 Form is applicable to those individual and Hindu Undivided Families who want to declare their income from Business or Profession under Presumptive Income Scheme of Income Tax under Section 44AD ,Sec 44ADA and Section 44AE of the Income Tax Act.

  1. PAN Card
  2. Aadhar Card
  3. Bank Statement F.Y.
  4. Last Year IT Filing Copies- For Existing User
  5. Loan Statements if any like:
    • Personal Loan
    • Business Loan
    • Vehicle Loan
    • Housing Loan & Other Loans etc.
  6. Deductions:
    • Tuition Fees
    • LIC Premium
    • Mediclaim
  7. Asset details:

How to submit the document

How Long Will It Take?

Upload Required Documents – One Day

Preparing Your Return -Two – Three Days

Payment of Tax – One Day

Filing Your Return -Same Day

GST Return

What Is GST Return?

A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability. Under GST, a registered dealer has to file GST returns that include:
  • Purchases
  • Sales
  • Output GST (On sales)
  • Input tax credit (GST paid on purchases)
To file GST returns, GST compliant sales and purchase invoices are required. You can generate GST compliant invoices for free on ZoneTax BillBook

Who should file GST Returns?

In the GST regime, any regular business has to file two monthly returns and one annual return. This amounts to 26 returns in a year. The beauty of the system is that one has to manually enter details of one monthly return – GSTR-1. The other return GSTR 3B will get autopopulated by deriving information from GSTR-1 filed by you and your vendors. There are separate returns required to be filed by special cases such as composition dealers.

What are the different types of GST Returns?

Here is a list of all the returns to be filed as prescribed under the GST Law along with the due dates.

Due dates for All GST Returns

These returns are as per the CGST Act*
Return Form Particulars Frequency Due Date
GSTR-1 Details of outward supplies of taxable goods and/or services affected Monthly 11th* of the next month with effect from October 2018 *Previously, the due date was 10th
GSTR-2 Suspended Details of inward supplies of taxable goods and/or services affected claiming the input tax credit. Monthly 15th of the next month  
GSTR-3 Suspended Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of tax. Monthly 20th of the next month  
GSTR-3B Simple Return in which summary of outward supplies along with Input Tax Credit is declared  and payment of tax is affected by taxpayer Monthly 20th of the next month
GSTR-4 Return for a taxpayer registered under the composition levy Quarterly 18th of the month succeeding quarter
GSTR-5 Return for a Non-Resident foreign taxable person Monthly 20th of the next month
GSTR-6 Return for an Input Service Distributor Monthly 13th of the next month
GSTR-7 Return for authorities deducting tax at source. Monthly 10th of the next month
GSTR-8 Details of supplies effected through e-commerce operator and the amount of tax collected Monthly 10th of the next month
GSTR-9 Annual Return for a Normal Taxpayer Annually 31st December of next financial year*
GSTR-9A Annual Return a taxpayer registered under the composition levy anytime during the year Annually 31st December of next financial year*
GSTR-10 Final Return Once, when GST Registration is cancelled or surrendered Within three months of the date of cancellation or date of cancellation order, whichever is later.
GSTR-11 Details of inward supplies to be furnished by a person having UIN and claiming a Monthly 28th of the month

Late Fees and Interest on GST Return

Late fees and Interest forms important components of the GST payment and is incurred by business in case of delay in submitting or filing GST returns. The article covers all latest announcements on Late fees and Interest charge in a comprehensive manner

All about Late Fees under GST

As per GST laws, the Late Fee is an amount charged for delay in filing GST returns. It can be referred to as an overdue fine.

When a GST Registered business misses filing GST Returns within the prescribed due dates*, some amount of late fees is charged. The late fee is also applicable for the delay in filing NIL returns. For example, there are no figures to declare for sales or purchases for the month of December 2018 in the GSTR-3B. Still, this return must be filed.

The amount will depend upon the number of days of delay from the due date. GST return in GSTR-3B is filed on 23rd January 2019, 3 days after the prescribed due date i.e 20th January 2019. Late fees will be calculated for three days and deposited in cash.

However, currently, the GST portal is aligned to charge a late fee only on returns GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-8, GSTR-7 and GSTR-9 only.

Name of the Act Reduced Late fees for every day of delay
CGST Rs 25
SGST Rs 25
Total Late fees to be paid Rs 50

Professional Tax Return

What is the Purpose of Levying Professional Tax?

The reason for levying any sort of tax by the government is to generate revenue in order to build robust infrastructure, pay government workers like police personnel, firefighters; ensure defence of the country, etc. Besides that, the government uses these funds for public welfare programs including child development and women’s welfare schemes. There are many different types of taxes that are imposed on the citizens e.g. income tax, capital gains tax, corporate tax, customs duty, etc. A common direct tax imposed by the state government is the professional tax.
Professional Tax is dependent on the gross income of professionals and salaried people. It is deducted from the salaries of all employees each month. When it involves a company, directors of the company, partnerships, individual partners, self-employed and businesses, it is deducted from the gross turnover of the company recorded in the previous year. In certain cases, the disbursement of tax is preset and is to be paid irrespective of what the turnover is. The slab for professional tax varies in each state across India.

Professional Tax Pointers for New BusinessesIf you are thinking about starting a company of your own, there are some key rules and regulations you need to follow pertaining to professional tax. These key rules are as follows:
  • Application of registration should be made to the assessee’s state tax department within 30 days of employing staff
  • Mandatory Registration of employees within 30 days of employment should be done
  • The professional tax amount will be deducted from the salary of the employee
  • In the case of 20-plus employees, the payment should be made within 15 days from the month end
  • If there are less than 20 employees, payment should be made every quarter of the year
  • In case the assessee has multiple places of work, then applications should be sent to each authority under its respective jurisdiction
  • The last date for filing of profession tax returns in Tamil Nadu is the last day of September and the last day of March i.e. twice a year.

Who Gets Exemption from Professional Tax in Tamil Nadu

The following is a short list of individuals who are exempted from the profession tax in Tamil Nadu:

  • Anyone who is above 65 years of age
  • Guardians or parents of children with mental disability
  • Women agents involved exclusively under the Director of Small Savings or Mahila Pradhan Kshetriya Bachat Yojana
  • People who have a permanent physical disability, including blindness
  • Textile industry Badli workers
  • Military personnel of the forces as delineated under the Air Force Act 1950, the Navy Act 1957 and the Army Act 1950 plus members of the auxiliary forces or reservists working for the state

Professional Tax in Tamil Nadu

Tamil Nadu is one of the relatively small number of states in India that actually levies profession tax on its citizens. Anyone who gets a salary or any sort of income would come under the profession tax structure. For complete understanding of who all come under the profession tax and how it is levied, you can visit the official government website http://www.tn.gov.in/dtp/professional-tax.htm. This tax is compulsory, but you can claim the income tax deduction on the amount paid as profession tax.  Constitution of India Article 276 states that the total amount payable as profession tax should not exceed Rs. 2500. The registration process for professional tax in Tamil Nadu can be completed online.

Revised Professional Tax in Tamil Nadu

The slab of the profession tax has been revised for Tamil Nadu in the year 2018. Now, it involves a new provision of tax on employment and calling as well as professions and trades. Profession Tax for the following categories will be calculated on a half-yearly basis:
• Companies
• Salaried people (State & Central Government)
• Private Establishments

As per the Tamil Nadu Municipal Laws Second Amendment Act 59 of 1998, section 138 C, “Any individual occupied in any trade, profession, employment and calling in the city limits of the Corporation of Greater Chennai, will have to pay the half-yearly Professional Tax. It will be calculated based on the gross income that is declared half-yearly as follows:

Average Monthly Income (Half-yearly/Rs.)Revised Professional Tax (Half-yearly/Rs.)
Up to 21,000NIL
21,001 to 30,000135/-
30,001 to 45,000315/-
45,001 to 60,000690/-
60,001 to 75,0001025/-
75,001 and above1250/-

Documents Required for Professional Tax Registration in TN:

The following is the list of documentation required for the registration process under profession tax rules of Tamil Nadu:

  • Shops and Establishment Trade License Copy/Registration Certificate
  • Lease Agreement
  • PAN Card
  • Articles of Association
  • Memorandum of Association & Incorporation Certificate

These requirements are subject to periodic change as per directions provided by the Tamil Nadu state government.

Tamil Nadu Professional Tax Payment Procedure

Property tax should be paid within 15 days from the commencement of half-year i.e. the month of September and March.

  • Payment can be made to all zonal offices of the respective municipal authority within the state of Tamil Nadu by cheque or demand draft.

ROC Filing

Every company is required to file the annual accounts and annual return as per The Companies Act, 2013 within 30 days and 60 days respectively from the conclusion of the Annual General Meeting. The ROC filing of annual accounts is governed under Section 129(3), 137, of The Companies Act, 2013 read with Rule 12 of the Company (Accounts) Rules, 2014 and annual return is governed under Section 92 of the Companies Act,2013 read with Rule 11 of the Companies

The procedure of ROC filing the annual return and annual accounts can be easily understood by the following process:

  1. Hold a Board Meeting to
  • Authorize the auditor for the preparation of financial statements as per Schedule III of the Companies Act, 2013.
  • Authorize the Director or Company Secretary for preparation of Board Report and Annual Return as per the Companies Act, 2013.
  1. Hold another Board Meeting for approving the draft financial statements, Board Report and Annual Return by the directors of the company.
  2. Conduct the Annual General meeting of the Company and pass the necessary resolutions. Please note that the financial statements are considered final only when the same is approved by the shareholders at the General Meeting.
  • Incorporation Document Certificate of Incorporation, PAN Card,  and MoA and AoA of Private Limited Company
  • Audited Financial Statements Financial Statements should be audited by the independent auditor
  • Board Report and Audit Report  Independent auditor’s report and Board report is also required
  • DSC or Digital Signature Certificate of Director Valid and active Digital Signature Certificate or DSC of one of the directors must be submitted

Benefits of Annual Compliance

Compliance of law is the basic requirement for any company or business. The date of filing the company’s annual return is displayed on the Master Data on the MCA portal. This helps to increase the credibility of an organization and the regularity in compliance of the return is a major criterion such as Government tenders, loan approval or for similar other functions.
While pulling capital or investment for a company from the creditors or investors, the first point the investors demand is for the financial records and date before settling the with an investment proposal deal. The investors will approach the private limited company directly or also they will check the financial records or annual returns from the MCA portal. Investors prefer the companies which have filed their regular compliance records.
By filing the annual return regularly, the private company can avoid penalties and other legal issues. Whereas if the company fails to file the return continuously, the company status will be changed to default and charges for this failure will be heavy penalties. Not only that, but the company also be declared as inoperative or removed from the Register. The directors of such company are also debarred and disqualified from their further appointment. And, from July 2018, an additional penalty fee of ₹100 per day of delay will be levied and this will continue till the date of filing.

License

SHOPS & ESTABLISHMENT LICENSE

The Tamil Nadu Shop and Establishment Act is a state legislation governing the proper functioning and conduct of businesses, within the state of Tamil Nadu. The Labour Department of the State is the department from which shop and establishment act registration is obtained. The shop and establishment act registration in the case of SSI or MSME businesses in the unorganized sector, serve as a proof of existence of business. This is a detailed guide to Tamil Nadu Shop and Establishment Act.
“‘establishment’ means a shop. Commercial establishment, restaurant, eating house, theatre or any place of public amusement or entertainment and includes such establishment as the State Government for the purposes of this Act;”
“‘commercial establishment’ means an establishment which is not a shop but which carries on the business of advertising, commission, forwarding or commercial agency, or which is a clerical department of a factory or industrial undertaking or which is an insurance company, joint stock company, bank, broker’s office or exchange and includes such other establishments as the state government by notification may by notification declare to be a commercial establishment for the purposes of this Act.”
“‘shop’ means any premises where any trade or business is carried on or where services are rendered to customers and includes offices, store rooms, godowns and warehouses, whether in the same premises or otherwise, used in connection with such business but does not include a restaurant or commercial establishments.”

The Tamil Nadu Shop and Establishment Act applies to all shops and commercial establishments as defined above. However, the following persons or types of establishments will NOT come under the purview of the Tamil Nadu Shop and Establishment Act:

  • Persons employed in any establishment in a position of management
  • Persons whose work involves traveling and persons employed as canvassers and caretakers
  • Establishments under the Central and (State) Government, Local Authorities, the Reserve Bank of India, and Cantonment Authorities d) Establishments in mines and oil fields
  • Establishments in bazaars in places where fairs or festivals are held temporarily for a period not exceeding fifteen days at a time
  • Establishments which, not being factories within the meaning of the Factories Act, 1948 are in respect of matters dealt within this Act, governed by a separate law for the time being in force in the (State)

Further, the regulations relating to opening and closing hours of shops, and grant of holidays will not apply to hospitals, institutions for the treatment or care of the sick, chemists or druggists shops as specified by time to time by the State Government.

DOCUMENTS FOR SHOP ACT REGISTRATION

Pvt. Ltd. /Public Ltd. /OPC

LLP & Partnership Firm

Proprietorship Firm

How to submit the document

Time Duration: 03 to 5 Working Days

As per the Tamil Nadu Shop and Establishment Act, no person employed in any shop or commercial establishment shall be required to work for more than eight hours in any day and forty eight hours in any week without overtime wages. Further, every person employed in any shop or commercial establishment should be allowed in each week a holiday of one whole day.
As per the Tamil Nadu Shop and Establishment Act, the following aspects relating to health and safety must be maintained at all shops and commercial establishments:
  • Cleanliness: The premises of every establishment must be kept clean and free from effluvia arising from any drain or privy or other nuisance and should be cleaned at regular intervals.
  • Ventilation: The premises of every establishment must be well ventilated.
  • Lighting: The premises of every establishment must be sufficiently lighted during all working hours.
  • Precautions against fire: In every establishment, precautions must be taken against fire.

Person employed in any shop or establishment shall be entitled, after twelve months of continuous service with the establishment, to holidays with wages for a period of 12 days in the subsequent period of twelve months.

  • Any shop or commercial establishment that commences operation must apply to the local municipality / corporation office within the prescribed time.
  • The application for license in the prescribed form must contain the name of the employer, address of the establishment, name of the establishment, category of the establishment, number of employees and other relevant details as requested.
  • The license must be prominently displayed at the shop or commercial establishment and renewed periodically, as per the act.

In case the shop or establishment would like to close down the business, the occupier should notify to the state / corporation / municipal authorities

TRADE LICENSE

Trade License a license issued by the municipal corporation which gives you permission to carry on the particular trade or business. It does not grant ownership or permission for any other activity than for which is issued.
  • All Business entities.
  • All shops, commercial establishments, restaurant, hotel, theatre, public amusement, and retail trade/business.
  • Registrations and renewals are subject to the state act.
  • Visit the Tamil Nadu Government’s official website and procure Form-1 along with the fee payment.
  • Fill all the details in the Form that includes the personal information of the applicant,  the purpose of trade and Tax details.
  • Filing the application to the Commissioner.
  • After submission of the application, the Commissioner will analyze and inspect the application and if he/she is satisfied with all the needed documents, a fee payment should be paid, after which the licence will be issued within in a time period of 1 week.

As obtaining the trade license, the renewal the form is also mandatory and it can be filed by March 1st in Municipalities, and 45 days prior to the end of the year in specified Corporation zones.

DOCUMENTS FOR TRADE LICENSE REGISTRATION

Pvt. Ltd. /Public Ltd. /OPC Firm

LLP & Partnership Firm

Proprietorship Firm

How to submit the document

Time Duration: 05 to 10 Working Days

Food Safety And Standards Authority Of India (FSSAI)

Every food manufacturing or processing or packaging or distributing entity is now required to obtain a FSSAI License.

Food Safety and Standards Authority of India (FSSAI)

The Food Safety & Standards Act, 2006 introduced to improve the hygiene and quality of food has brought about tremendous changes in the food industry. As per the Act, no person shall commence or carry on any food business except under a FSSAI license or FSSAI registration. Therefore, any food manufacturing or processing or packaging or distributing entity is now required to obtain a FSSAI License.

There are 3 kinds of FSSAI Licenses – Basic, Central, and State. Every food business must register for an FSSAI License under the Food Safety and Standards Act, 2006. Zonetax  helps you register for an FSSAI License in 3 simple ways –

Every Food Business Operator is required to be licensed/registered under the FSSAI. FSSAI Registration is required by small businesses like hawkers, petty retailers, etc whose annual turnover is less than Rs.12 lakhs per year. All food businesses exceeding this annual turnover limit of Rs 12 lakhs per year require a FSSAI License.

Whether you are a small scale or large scale business, you need to obtain FSSAI State License or FSSAI Central License, according to your requirement. Usually, large manufacturers, exporters, importers, etc obtain Central Licence while mid-sized entities like transporters, traders, etc need State Licence.

DOCUMENTS FOR FSSAI REGISTRATION

Pvt. Ltd. /Public Ltd. /OPC

LLP & Partnership Firm

Proprietorship Firm

SPICES BOARD REGISTRATION

WELCOME TO SPICES BOARD INDIA

Spices Board (Ministry of Commerce and Industry, Government of India) is the flagship organization for the development and worldwide promotion of Indian spices. The Board is an international link between the Indian exporters and the importers abroad. The Board has been spearheading activities for excellence of Indian spices, involving every segment of the industry.

SPICE BOARD CERTIFICATE (CRES)

The Spices Board of India issues the CRES, which stands for Certificate of Registration as an Exporter of Spices. The certificate authenticates that an exporter of scheduled spices is registered with a regulatory agency authorized by the Government of India.

SPICE BOARD CERTIFICATE VALIDITY

The Spices Board issues certificates for a three-year block term. At the conclusion of each block year, the certificate should be renewed. If you acquired a certificate valid from 2017 to 2020, for example, you must renew your registration certificate by the end of 2020. 2021-2024 is the current block year.

Documents Required for Spice Board Registration

  1. Application in the prescribed form (Form-1)
  2. Self-attested copy of IE(import-export) codecertificate
  3. Registration fee in the form of crossed Demand Draft favoring “spice board”
  4. Self certified copy of Partnership deed/ Memorandum and Articles of Association as the case may be.
  5. Self certified copies of GST registration
  6. Self attested certificate issued by directorate of industries in case of manufacturer-exporter of spices.
  7. Self certified copy of PAN card
  8. Passport size photo with white background of CEO or the designated officer of your firm.

PROCEDURE OF SPICE BOARD REGISTRATION

Spices Board Registration Fees

Online Spices Board Registration with Professional Utilities

Any person who is either a Manufacturer Exporter or Merchant Exporter of the 52 scheduled spices and Cardamom must obtain the Certificate of Registration as an Exporter of Spices (CRES) from the Spice Board of India.

There are perks and benefits that only registered exporters receive and it is mandatory to get registered under Spice Board if you are an exporter of the scheduled 52 spices and Cardamom.

You can easily get registered as an exporter of spices by using our fast and hassle free service.