How to Register Your Business in Tamilnadu


How to Register Your Business in Tamilnadu

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There are many factors that need to be taken into account when starting a new company in India. For example, the legal structure you choose to operate under will have a significant impact on your operations. The most common type of business structure in India is a private limited company. This structure offers numerous advantages, including protection of personal assets from creditors and a higher level of accountability.

Once you've chosen a legal structure, you'll need to register your business name. This is done by applying to the Registrar of Companies (ROC) in the state/union territory in which you intend to operate. This office will review your application and approve your name if it is unique and does not violate any existing trademarks.

You'll also need to register for a GSTIN number. This will give your company a unique identification number that will allow you to file tax returns and report sales and purchases. You can register for this number through the official government portal or through a registered GSTIN agency. The cost of this registration will vary depending on the nature and scale of your business.

Next, you'll need to get a seal for your company to make it official. This is a simple process that can be completed in less than 48 hours. The final step is to get your company documents stamped at the state treasury or at any authorised private bank. This process will take 1-2 days and may incur charges based on the size of your capital.

Once you've established your company, it's important to keep the ROC up to date with any changes in your business. If you want to change the address of your registered office, you'll need to pass a board resolution and file form INC 22 with the ROC.

 

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