Establishing a business in Jaipur, the vibrant capital of Rajasthan, offers entrepreneurs a gateway to a thriving market. To operate legally and efficiently, it's crucial to understand the processes of company registration and GST Registration in Jaipur. This guide provides a clear roadmap to help you navigate these essential steps.
Registering your company grants it a legal identity, enabling you to conduct business, open bank accounts, and enter into contracts. Here's a simplified overview of the registration process:
Digital Signature Certificate (DSC): Acquire DSCs for all proposed directors. This involves verifying their email and mobile numbers, followed by a video KYC process.
Name Reservation: Submit an application to reserve your company's name through the Ministry of Corporate Affairs (MCA) portal. Ensure the chosen name is unique and adheres to naming guidelines.
Incorporation Application: Once the name is approved, file the incorporation forms (SPICE+ Part A and B, MOA, AOA, Agile, and INC-9) with the MCA.
Approval and Documentation: Upon successful verification, the MCA will issue the Certificate of Incorporation, along with the company's PAN and TAN.
Required Documents:
PAN and Aadhaar cards of directors and shareholders
Proof of registered office address in Jaipur
Recent bank statements or utility bills of directors and shareholders
The entire process typically takes about seven working days, with costs ranging from INR 7,000 to 12,500.
Goods and Services Tax (GST) registration is mandatory for businesses exceeding specified turnover thresholds. It enables you to collect GST from customers and avail input tax credits.
Eligibility Criteria:
Goods Suppliers: Businesses with an annual turnover exceeding ₹40 lakh.
Service Providers: Businesses with an annual turnover exceeding ₹20 lakh.
Registration Process:
Document Preparation: Gather necessary documents, including PAN card, proof of business registration, identity and address proofs of promoters, and bank account details.
Online Application: Visit the GST portal and complete the registration form, uploading the required documents.
Verification: After submission, an Application Reference Number (ARN) is generated. The application undergoes verification by GST officers.
GSTIN Issuance: Upon successful verification, you receive a unique Goods and Services Tax Identification Number (GSTIN).
The registration process is designed to be straightforward, ensuring businesses can comply with tax regulations efficiently.
Navigating the intricacies of company and GST registration can be daunting. Professional firms like CA B K Goyal & Co LLP offer expert guidance, ensuring a seamless registration experience. Their services include document preparation, application filing, and compliance support, saving you time and effort.
Ready to establish your business in Jaipur? Partner with experienced professionals to streamline your company and Register a Company in Jaipur. Contact CA B K Goyal & Co LLP today to embark on your entrepreneurial journey with confidence.