Starting a business in India involves several legal, financial, and regulatory steps. Here’s a quick guide:

Choose a Business Structure – Decide between Sole Proprietorship, Partnership, LLP, Private Limited Company, or One Person Company (OPC).

Register Your Business – Obtain necessary registrations like:

• Company Incorporation (via MCA for Pvt Ltd/LLP)
• GST Registration (mandatory for turnover above ₹40L/₹20L for services)
• MSME/Udyam Registration (for benefits)
• Shop & Establishment Act License (if applicable)

Tax Compliance – File for:

• Income Tax (PAN mandatory)
• GST Returns (monthly/quarterly)
• TDS/TCS (if applicable)

Who Needs Professional Tax Registration?

• Protect Intellectual Property – Register trademarks/copyrights if needed.
• Hire Employees – Enroll for EPF/ESI as required.
• Leverage startup incentives like tax holidays under the Startup India scheme if eligible.
• Stay compliant with deadlines and maintain proper records to avoid penalties. Consult us to optimize your setup!

For detailed guidance, explore our website anytax.in.