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Establishing a business extends beyond acquiring goods and commencing services. Building a solid foundation for your enterprise demands a range of essential legal services.

Firstly, obtaining a PAN Card is crucial for consolidating all tax-related details. Registering your business and managing financial transactions becomes fundamental.

Subsequently, securing a GST number is mandatory in India for any business or service. However, the process of establishing a business encompasses more complexities. At Jain TaxTech, our array of services includes EPF, ESIC, MSME, Shop & Establishment, Digital Signature Registration, PTEC, PTRC, and Trademark registration.

Our services extend beyond these basics. We facilitate Import-Export Code Registration, aiming to elevate your business to a commendable stature through proper company registration and robust formation.

Goods and Service tax

Navigating the landscape of supplying goods and services in India necessitates GST registration. Upon registration, you are conferred a unique Goods and Service Tax Identification Number (GSTIN), a 15-digit state-specific identifier issued by the Central Government. This process bestows upon you a legal identity as a supplier, unlocking advantages such as eligibility for input tax credit and the ability to collect GST from recipients of goods and services. At Jain TaxTech, we guide you through the seamless process of GST registration, ensuring compliance and positioning your business for optimal success.

At Jain TaxTech, we guide businesses in these categories through the GST registration process, ensuring compliance and seamless integration into the tax framework

✅Interstate suppliers: Businesses involved in interstate transactions are mandated to register for GST.

✅Casual Taxable persons: Individuals or entities engaged in occasional or infrequent taxable activities.

✅ Persons taxable under reverse charge: Those liable to pay tax on behalf of the supplier.

✅Non-resident taxable persons: Individuals or entities not residing in India but involved in taxable activities here.

✅Persons required to deduct TDS/TCS under GST: Entities obligated to deduct Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) under GST.

✅Input Service Distributors: Businesses distributing tax credits on input services to entities with multiple locations.

✅Persons making a sale on behalf of someone else: Agents or principals making sales on behalf of others.

✅E-commerce Operators: Platforms facilitating suppliers to make supplies through them.

✅Online Service Providers: Service providers outside India offering services to non-registered persons in India.

✅Suppliers using E-commerce operators: Those supplying goods through an E-commerce operator liable to collect tax at source.

The necessary Documents for Registration

Partnership / LLP

Identity and Address Proofs for Sole Proprietor:
✅Aadhaar card
✅PAN card
✅Photograph of the sole proprietor

Bank Account Details:
✅Copy of bank statement or a cancelled cheque

Office Address Proof:
✅Own office: Copy of electricity bill, water bill, landline bill, property tax receipt, or municipal khata
✅Rented office: Rent agreement and NOC (No Objection Certificate) from the owner

Partnership / LLP

Identity Proofs for All Partners:
✅Aadhaar card
✅PAN card
✅Photograph of all partners

Bank Account Details:
✅Copy of bank statement or a cancelled cheque

Proof of Address for Principal and Additional Places of Business:
✅Own office: Copy of electricity bill, water bill, landline bill, municipal khata, or property tax receipt
✅Rented office: Rent agreement and NOC (No Objection Certificate) from the owner

LLP-Specific Documents:
✅Registration Certificate of the LLP
✅Copy of board resolution
✅Appointment proof of authorized signatory – letter of authorization

Pvt Ltd Co / Public Ltd Co / OPC

Company’s Identity Documents:
✅Company’s PAN card
✅Certificate of Registration

Constitutional Documents:
✅Memorandum of Association (MOA)
✅Articles of Association (AOA)

Directors’ Identity Proofs:
✅Aadhaar card, PAN card, photograph of all Directors

Bank Account Details:
✅Copy of bank statement or a cancelled cheque

Address Proofs for Principal and Additional Places of Business:
✅Own office: Copy of electricity bill, water bill, landline bill, municipal khata, or property tax receipt
✅Rented office: Rent agreement and NOC (No Objection Certificate) from the owner

Appointment Proof for Authorized Signatory:
✅Letter of authorization

Permanent Account Number

PAN is an electronic system through which, all tax related information for a person/company is recorded against a single PAN number. This acts as the primary key for storage of information and is shared across the country. Hence no two tax paying entities can have the same PAN.

Why do you need PAN?

PAN, a unique identification number in India, serves various crucial purposes for tax-paying entities:Businesses falling under the following categories are mandated to register for GST:

✅ Proof of Identity: PAN acts as a recognized proof of identity.

✅Mandatory for Filing Taxes: It is essential for filing income tax returns.

✅Registration of Business: PAN is a requirement for business registration.

✅Financial Transactions: PAN is vital for significant financial transactions.

✅Phone Connection: PAN is often required for obtaining a phone connection.

✅Gas Connection: PAN is necessary for gas connection services.

✅Mutual Fund: PAN facilitates e-KYC for seamless mutual fund investments.

Documents for PAN

✅Aadhaar card.

✅2 Photos of Applicant in case of Individuals.

✅Proof of Date of Birth / Date of Incorporation.

✅Certificate of Incorporation / Partnership deed.

✅Address Proof.

Digital Signature Certificates (DSC)

Digital Signature Certificates (DSC) play a pivotal role in our digital landscape, being mandated by government agencies and serving as a statutory requirement in diverse applications.

WHY do you need DSC ?

✅MCA e-filing: Mandatory for filing documents with the Ministry of Corporate Affairs.

✅Income Tax e-filing: Essential for submitting tax returns electronically.

✅LLP registration: Required for the registration process of Limited Liability Partnerships.

✅GST application: A crucial component for the GST registration process.

✅IE code registration: Necessary for obtaining Importer-Exporter Code.

✅Form 16: Used for digitally signing Form 16 documents.

Documents for DSC

 

✅PAN

✅2 Photos

✅Aadhaar card

Professional Tax Maharashtra

Profession Tax is applicable to individuals, Hindu undivided families, firms, companies, corporations, societies, clubs, or associations engaged in any profession, trade, calling, or employment in the State of Maharashtra.

There are 2 types of Profession Tax payers

✅Profession Tax Enrollment Certificate (PTEC): Individuals engaged in professions, trades, or callings specified in Schedule I must obtain a PTEC.

✅Profession Tax Registration Certificate (PTRC): Employers with at least one employee earning a salary above the prescribed limit for Profession Tax deduction must obtain a PTRC.

Documents Required for PT Registration

✅Copy of PAN

✅Partnership Deed / Certification of Incorporation.

✅Address Proof of Place of Business.

✅Address Proof of Proprietor / Partner

✅Aadhaar Card of Proprietor / Partner / Director.

✅Photograph of Applicant.

✅Cancelled Cheque.

Shop and Establishment License

The Shop and Establishment Act, governed by the Department of Labor, oversees premises where trade, business, or professions are conducted. It covers aspects like working hours, employee rest intervals, opening and closing hours, holidays, overtime, rules for employing children, leaves, and more. In Maharashtra, the shop establishment certificate is referred to as the Gumasta License

WHY Shop and Establishment License?

✅Ensures regulated working hours.

✅Provides clear guidelines for record-keeping.

✅Establishes rules for weekly-offs, working conditions, and wages.

✅Regulates work, outlining rules for the employment of children, young persons, and women.

Information needed for Shop and Establishment License Registration

Name of the firm.

Address of the firm.

Name of the manager, if applicable.

Nature of the establishment.

Number of employees in the establishment.

Documents Required for Shop and Commercial Establishment Registration

Aadhar Card / Voter ID / Driving License / PAN.

Photo of the owner.

Photo of the shop along with the owner (you can click with a mobile phone as well).

Rent agreement if the establishment is rented.

Electricity bill.

Ministry of Micro, Small and Medium Enterprises (MSME)

The Government of India has introduced various schemes, subsidies, and incentives to promote MSMEs (Micro, Small, and Medium Enterprises) through the MSMED Act. To avail these benefits, including concessional loans from banks, businesses need to apply for MSME Registration. Udyog Aadhaar, previously known as MSME registration, is now mandatory for registration under the MSME Act. Different types of MSMEs exist, each playing a crucial role in the growth and development of the economy.

What Are The Different Types of MSMEs?

Micro Enterprises

Micro-Enterprises, The Smallest In The MSME Category, Have Investments Below ₹25 Lakhs For Manufacturing And ₹10 Lakhs For Services. They Serve As The Backbone Of The Sector, Playing A Crucial Role In Economic Development. Registering Under The MSME Act Is Essential For Accessing Government Schemes And Incentives.

Small Enterprises

Small enterprises, within the MSME category, have investments ranging from ₹25 lakhs to ₹50 crores in manufacturing and ₹10 lakhs to ₹2 crores in services. This diverse segment contributes significantly to economic growth and is eligible for various government schemes and benefits through MSME registration.

Medium Enterprises

Medium enterprises in the MSME category have investments ranging from ₹5 crores to ₹10 crores in manufacturing and ₹2 crores to ₹5 crores in services. This segment plays a vital role in fostering economic development and can access government incentives and support through MSME registration.

WHY MSME ?

✅Bank Loans (Collateral Free).

✅Subsidy on Patent Registration.

✅Excise Duty Exemption schemes.

✅Tax Subsidy

✅Protection against Payments (Delayed Payments)

✅ISO Certification Charges Reimbursemen

Documents Required for PT Registration

✅Aadhaar card

✅Name of applicant

✅Social categor

✅Gender

✅Name of Enterprise/Business

✅Type of Organization you are opting for PAN number

✅Location of Plant you are setting up in a place

✅Current office Address

✅Mobile Number

✅E- Mail ID

✅Location of Plant you are setting up in a place

✅Date of Commencement of Business

✅Bank Account Number

✅Bank IFS Code

✅Main Business Activity of Enterprise

✅NIC 2 Digit Code

✅Number of employees

✅Investment in Plant & Machinery / Equipment

Import & Export Code

IE Code, or Import Export Code, is a crucial registration for individuals involved in importing or exporting goods and services from India. Issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India, IE Code facilitates smooth international trade transactions.

IEC Documents In Respect of Individual/Proprietor / Partner / Director

✅Copy of PAN Card

✅Passport size photograph

✅Copy of Aadhaar Card/ Voter identity card

✅Authorization letter (In case of Partnership)

✅Authority from other Directors on letter head (In case of company)

✅Partnership Deed (for Partnership)

✅Board Resolution or Self Declaration (for Company)

✅Telephone Bill in the individual’s name (for Individual)

✅Cancelled Cheque of the Individual

IEC Documents In Respect Of Entity

✅Copy of PAN Card firm/company

✅Copy of Property papers (If owned property)

✅Copy of Rent agreement (If rented property)

✅Landlord NOC (Format will be provided by us)

✅Cancelled cheque of firm

✅Electricity / water bill (Business Place)

✅Telephone Bill in the name of the busines

✅Copy of Service Tax returns (In case of Proprietorship)

✅Certificate of incorporation (In case of company)

✅Bank statement of firm / company

✅AOA and MOA (In case of company)

✅1 letter head of company (In case of Company)

Trade Mark

A trademark serves as a unique identifier for a brand, encompassing phrases, logos, designs, colors, or shapes. This distinctive symbol or phrase sets a brand apart from competitors, safeguarding the brand’s identity. Whether it’s a number, word, or symbol, a trademark represents an intangible asset crucial for protecting the brand’s investment. To be registered, a trademark must be distinct for the goods or services it represents, and proposed trademarks resembling existing ones cannot be registered. Anyone, whether an individual or legal entity, can file a trademark application in India.

Documents required for Trademark Registration

✅Applicant Name

✅Address of the Applicant

✅Scanned copy of Company Registration

✅Certificate PAN Card or Passport or Election ID Card

✅JPG Format of Logo/Brand Name

✅MSME Registration certificate

✅Full name of all the Partners/Directors

✅Nationality, Mobile No. & Email Id of the Signatory

✅Mark/Brand Name

✅Trade Description of all Goods/Services provided

✅Whether the applicant is Manufacturer /Trader/ Service Provider

✅User Date of the Brand/Mark

✅Service Address (Write the address of the place where you want the Trademark registry to communicate with you)

Employee Provident Fund Scheme

The Employees’ Provident Fund & Miscellaneous Provisions Act, 1952, is a crucial social security legislation ensuring future benefits for employees and their dependents. Applicable to establishments with 20 or more employees, including contractors and temporary staff, the act provides financial security in unforeseen circumstances. Even companies with less than 20 employees can voluntarily apply for an EIN (Employer Identification Number) and must obtain an EPF registration certificate within 30 days of employing 20 individuals.

Both employees and employers contribute 12% of the salary to the Employees’ Provident Fund. The employer’s contribution, comprising 12% of basic wages, dearness allowance, and retaining allowance, is deposited in the provident fund account. The employee’s 12% contribution is divided, with 3.67% going to the provident fund and 8.33% allocated to the Pension scheme.

Documents Required for EPF Registration

✅Statement showing employee strength month-wise since the date of incorporation.

✅Premises proof of the company (preferably electricity bill and rent agreement).

✅List of employees, including name, father’s name, date of birth, date of joining, and salary.

✅Affidavit of the director for applicability date.

✅Power of attorney in the name of the advocate

✅Copy of two work orders.

✅The first sales bill/service bill, any pronto tint product/work order.

✅Lease deed/rental agreement.

✅Copy of the board resolution.

✅Copy of the P&L and balance sheet for the last 3 years.

✅Certificate of Incorporation.

✅Partnership Deed/MOA and AOA.

✅Performa of Coverage.

✅Copy of Telephone Bills/EB Bills.

✅Demand Draft for contribution collected.

✅Sales Tax/Service Tax/Shops & Establishment Act Registration certificates (if any).

✅Pan Card of the Company.

✅Bank Statement of the Company.

✅Cancelled Cheque of the Company.

✅Form 5A.

✅Address Proof and ID Proof of Directors.

✅Registered in Contracts Act – Copy of Registration Certificate.

✅Form 13 performance of coverage.

Do You Know? 

The employer is responsible for deducting the employee’s contribution from their wages and ensuring that both the employee and employer portions are paid to the Employees’ Provident Fund Organization (EPFO) within 15 days of the close of every month. This timely contribution is essential for the smooth functioning of the EPF system, ensuring that funds are available for the future benefit of employees and their dependents.

Employee State Insurance

In today’s world, the Employee’s State Insurance Corporation (ESIC) stands as a crucial pillar of social security for Indian workers. Offering a self-financing health insurance scheme, ESIC ensures monetary and medical benefits for employees facing sickness, maternity, or employment injuries. Mandating online registration for entities employing individuals with monthly earnings of Rs. 15,000 or less, the ESIC Act reflects a commitment to providing quality medical care for workers and their immediate dependents. In a contemporary context, this initiative underscores the significance of comprehensive social welfare in the evolving landscape of employment and healthcare.

Documents Required

Employer’s Registration (Form 01):

✅Online registration is a mandatory step for employers.

✅Furnish details for a minimum of 10 or 20 employees, including their Date of Joining and Salary.

Documentation for Company Registration:

✅Provide the Memorandum of Association.

✅Submit the Article of Association, accompanied by the Certificate of Incorporation or Partnership Deed, as applicable.

Financial Credentials:

✅Include a copy of the PAN Card for the organization.

✅Submit relevant Bank Statements, affirming the financial stability of the entity.

Goods and Services Tax (GST) Compliance:

✅resent the GST Registration details, showcasing adherence to taxation norms.

Factory/ Shop & Commercial Establishment Registration:

✅Provide a copy of the registration certificates for Factory, Shop, and Commerciala

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