How To Register A Distribution Company In India
How to open register a company in india by foreigners. How to register a private limited company Obtain Directors Identification Number DIN which is a unique code that requires you to have a PAN.
There are dozens of agencies that will register a company in India for you in a foreign country complete with a verifiable address and bank account.
How to register a distribution company in india. The documents required for a new license can be found. You should first visit at your district Drug Inspector office to confirm about starting pharmaceutical marketing company. Four major steps to register a company startup in India.
A resolution passed by the Company authorizing the registration of a Company. Address proof of the Company. A food license this is essential if you are running a food business from home.
The fast-moving consumer goods FMCG in India represents a major component of the Indian economy 4th largest industry considering that the country has one of the largest consumer markets at a global level of more than one billion persons. Most FMCG and pharmaceutical companies use clearing and forwarding CF agents for distribution with each CF agent servicing stocks in an area typically a state. Obtain registration certificate from all authorities from whom all business set ups are ordinarily required to be registered with like sales tax shops establishment Pollutition Control Board etc 5.
Every State of India has almost same formalities. This section provides information on the distribution network in India. The first step towards Foreign Company Registration in India is applying for the DSC Digital Signature and DIN Directors Identification Number of the Directors.
There is no need to apply and obtain DIN for Directors of a foreign company. The eForm needs to be digitally signed by authorized representative of the foreign company. PAN Permanent Account Number.
In this article we will discuss about how to start a pharmaceutical marketing trading and distribution company. In the case of holding Company the resolution must state the name of the shareholders directors shareholding pattern. The cost to form a Pvt Ltd company is Rs 8273 and is completely online process.
Acquire Digital Signature Certificate DSC The Information Technology Act 2000 has provisions for use of digital signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically. However it is mandatory to register the DSC of the authorized representative of the foreign company. Address proof of the Companys registered office.
Company registration process in India can be completed in 5-7 working days. Obtaining DSC and DIN. Any foreign company can establish its place of business in India by filing eForm FC-1 Information to be filed by foreign company.
This license can be obtained from the Food Safety and Standards Authority of India FSSAI. Form a Company of your like giving it a name and style 2. The largest contributor to the FMCG sector is represented by the urban population which accounts for approximately 40 of the entire revenue.
Only minor requirement could vary state to state. It can be done online. Take up a premises on rent 3.
You can use these documents from a foreign country to register a company in India. Open Bank account 4. You can apply online for this license if you belong to the following states.
Indias food and grocery retail industry is considered the third largest in the world with sales expected to surpass 800 billion by 2023 according to USDA Foreign Agricultural Service. Registration certificate of the Company. The food and grocery sector constitutes nearly 65 percent of the total retail market in India.
How to distribute products in India. The courier network in India now spreads to smaller Class IV towns defined as a town with a population of less than 50000.
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