FAQs

Ans: To register a Private Limited Company in India, follow these steps:

1. Obtain a Digital Signature Certificate (DSC).
2. Apply for Director Identification Number (DIN).
3. Reserve your company name through the MCA portal.
4. File the incorporation form (SPICe+).
5. Obtain the Certificate of Incorporation, PAN, and TAN.
   At BizSetups, we make the entire registration process seamless and hassle-free.

Ans: The main difference lies in the ownership and liability structure:

Private Limited Company: Shareholders have limited liability, and it allows equity fundraising.
LLP (Limited Liability Partnership): Combines the flexibility of a partnership with limited liability, suitable for professional services.
Our team can help you choose the best structure based on your business needs.

Ans: To obtain an FSSAI license:

1. Determine if you need a Basic, State, or Central license.
2. Register on the FSSAI portal.
3. Submit the required documents, including identity proof, address proof, and business details.
4. Pay the applicable fee.
   BizSetups provides end-to-end assistance for FSSAI registration, ensuring your food business remains compliant.

Ans: The Import Export Code (IEC) is a mandatory license issued by the Directorate General of Foreign Trade (DGFT) that allows businesses to engage in international trade.
You need an IEC for:

• Importing goods to India.
• Exporting goods or services from India.
  BizSetups simplifies the IEC registration process, helping businesses expand globally.

Ans:You can register for GST (Goods and Services Tax) online via the GST portal. GST registration is mandatory for:

• Businesses with a turnover exceeding ₹40 lakh (₹20 lakh for services).
• Inter-state suppliers.
• E-commerce operators.
• BizSetups offers hassle-free GST registration and compliance services to ensure you meet all tax obligations

Ans: The types of income tax returns depend on the business structure:

• ITR-3: For individuals/sole proprietors.
• ITR-4: For businesses under the presumptive taxation scheme.
• ITR-5: For LLPs and partnerships.
• ITR-6: For Private Limited and Public Limited companies.
  At BizSetups, we handle tax return preparation for all types of businesses, ensuring timely and accurate filings

A: To register a trademark in India:

1. Conduct a trademark search to ensure availability.
2. File the trademark application with the Trademark Registry.
3. Track your application and respond to any objections.
   BizSetups handles the entire process, from application to objection resolution, to protect your brand identity.

A: To change a company director or address:

• Director Change: File DIR-12 with the Ministry of Corporate Affairs (MCA).
• Address Change: File INC-22 with the MCA for a registered office change.
  BizSetups provides expert assistance in filing and managing all company information changes quickly and accurately.

Ans: A business plan provides a clear roadmap for your startup, outlining:

• Business objectives.
• Market analysis.
• Financial projections.
• Funding requirements.
  BizSetups helps entrepreneurs craft strategic business plans that attract investors and ensure long-term success.

Ans: HR and payroll management streamline employee onboarding, attendance tracking, salary processing, and compliance with labor laws.
By outsourcing HR and payroll services to BizSetups, businesses can improve efficiency, reduce errors, and ensure compliance with statutory requirements.

 

Ans: To register under Startup India:

1. Incorporate your business as a Private Limited, LLP, or Partnership firm.
2. Register on the Startup India portal.
3. Submit required documents, including a brief description of your business and innovation.
   Benefits include: tax exemptions, funding support, and easier compliance. BizSetups guides startups through the registration process to maximize benefits.

Ans: The GeM (Government e-Marketplace) Portal is an online platform for government procurement.
Steps to register:

1. Create an account on the GeM portal.
2. Submit business details and required documents.
3. List your products/services for government buyers.
   BizSetups assists businesses in GeM registration and tender services, helping them access government contracts.