How To Register A Small Business In Karnataka

Different people have different reasons to start their business and many have great business ideas independent working and much more.

How to register a small business in karnataka. Note sometimes few entrepreneurs for the company registration in bangalore they are going with the co working spaces. Indiastartup will help you take your first step in becoming an entrepreneur. Commencement of business is the date on which the operations commence although the date of incorporation or formation may precede it. In that case you have to register your company in kerala according to the companies act of india. Find business opportunities in karnataka.

These days lot of the companies like instaoffice bhiveworkspace regus etc are giving co working space in bangalore for the startups so they can work together in a cool office on cheaper pricing. 10 million should seek registration with. 50 lakhs for the first three years will be reimbursed. Small scale and ancillary units i e. To form a private limited company or limited liability partnership llp there are minimum 2 partners required.

Definitions of micro small medium enterprises is defined in accordance with the provision of micro small medium enterprises development msmed act 2006 the micro small and medium enterprises msme. Service tax paid by startups incubated in government of karnataka supported incubators and cifs whose annual turnover does not exceed rs. Network with the growing business community to get expert interventions to let you learn to grow expand your business with franchising. Education is a field of diversity and a good low cost business idea financial break even is easily achieved and it s not a full time business. Things are changing in india more and more people are coming forward to fulfill their entrepreneurial dream and starting small businesses.

New shops or commercial establishments in karnataka are required to apply for karnataka shops and commercial establishment act registration within 30 days of commencing business. The applicant should be a startup registered with the karnataka startup cell with a valid karnataka startup cell registration number. Some of the additional small scale businesses which are eyed by businessmen and become a success are. But the problem is when you choose the co working space just only for the. If you are alone just go for one person company opc.

Indiastartup provides legal solutions starting from company registration accounting preparing legal documents business connections trademark advisory services thereby providing end to end solutions in the life cycle of a business venture. One of my friend who is shifting from full time job to business told that he does not want to put himself into the.