Business Registrations

BSJ & Associates - Business Registrations

8 Registrations Vital for running Hassle-free business

Entrepreneurs often miss some of the important registrations, due to busy schedule in putting up their business, which let their business down. The legal existence of your organization in India mandates certain registration compliances on you (being principal officer of your organization) under various laws & regulations.

Below are 8 business registrations which one cannot ignore.

Goods & Services Tax (GST )

When taxable turnover of goods or services or both exceed 20 lakhs OR those required to pay tax under the reverse charge mechanism.

Karnataka Shops & Establishment

Anyone having a shop or commercial establishment in Karnataka should take registration, within 30 days from the commencement of work/services.

Import Export Code (IEC)

Every Importer and Exporter.

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Employee’s State Insurance (ESI)

All establishments employing over 10 employees at any point of the year should get registered under ESI Act, provided the salary payable to at least one employee is less than Rs.21,000

Professional Tax(PT)

Employer/Owner of the business should take registration within 30 days from the commencement of profession or trade.

Trade Mark

Trademark registration can effectively provide legal recourse to your brand assets, if it gets copied or used by anyone other than you (the trademark owner).

Employee’s Provident Fund (EPF)

Any organization having 20 or more permanent (on-roll) Employees, should register with the EPFO, provided the salary payable to at least one employee is less than Rs.15,000.

Food Licence

All Food Business operators.

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