The first step before starting a business in India is to choose the right business structure. A right business structure is one which compliments the business of the entrepreneur. The available business structures in India are as follows: Sole Proprietorship Partnership Registration Company Registration Limited Liability Partnership Being the most important step one needs to […]
Month: January 2020
What entities are eligible for MSME Registration & Document for MSME?
The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector in the Indian economy and is the backbone of the country. Obtaining the MSME registration certificate is not mandatory and is at the sole discretion of the enterprises. Eligibility for MSME registration for enterprises depending upon their scale […]
WHAT IS AN IMPORT EXPORT CODE (IEC)?
One needs to adhere to various rules, regulations and other technicalities that international trade has, to make one’s business global. One of the mandatory requirement is Import export code. What is Import export code? Import Export Code (IEC) or Import Export License is a Ten digit alphanumeric code allotted which is same as your PAN No. (Exp. […]