Jilian supports you through all the phases needed to Set Up Your Factory in India and all major developing countries.
Today, the Manufacturing sector of India is one of the most globally prominent and high growth economic sectors of the country, possessing the potential to reach US$ One trillion by the year 2025, and to contribute up to 25% to the national GDP by then, boosted by the ambitious “Make in India” campaign of Modi Government
Application of DSC & DIN
First of all, the partners have to apply forand DIN. Digital signature is an online signature used for filing and DIN refer to Directors PIN number issued by MCA. If the directors already have DSC and DIN, then this step can be skipped
Require Attested copy of applicant passport
Attested copy of VISA (If applicant is out of native country)
MOA, AOA and Name approval
Once name is approved, one needs to draft Memorandum of association and Articles of Associate. Both MOA and AOA are filed with the MCA with the subscription statement.
You need to provide 3 different options for your company name to MCA of which one will be selected.
You need to file the memorandum of association with the registrar of the companies in order to get it incorporated.
Get Incorporation Certificate
It typically takes 15- 25 days to form a Private limited company and get the incorporation certificate. Incorporation certification is a proof that company has been created. It also includes your CIN number.
Private Limited Iis flexible and has limited liability
Private Limited Company has Greater capital contribution and greater stability
Apply for PAN, TAN and Bank account
Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with a bank to open your bank account.
Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days.
Manufacturing plant License
To start any type of Manufacturing Business, you need to get different licenses from both state and central government. such licenses varies depending upon the product you intend to manufacture.
Get a NOC and Environmental clearence certificate from State Pollution Control Board.
Get a VAT registration from a Commercial Tax Officer.