Security Solutions Mandatory compliance for PSARA

Mandatory compliance for PSARA

  1. Company Registration
  2. Tax Registration
  3. ESI Registration
  4. EPF Registration
  5. NSDC Registration
  6. MSME Registration

Company Registration

WHAT IS COMPANY REGISTRATION/ INCORPORATION?

Incorporation is the formation of a new corporation/ company (a corporation being a legal entity that is effectively recognized as a person under the law). The corporation may be a business, a startup, a non-profit organization, medium scale or a micro small business. The Ministry of Skill Development & Entrepreneurship (MCA) regulates corporate affairs in India through the Companies Act, 1956, 2013 and other allied Acts, Bills and Rules. MCA also protects investors and offers many important services to stakeholders. The Ministry is primarily concerned with administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other allied Acts and rules & regulations framed there-under mainly for regulating the functioning of the corporate sector in accordance with law.

Who is eligible for PF / ESI registration?

Registration for PF / ESI is compulsory for the companies / organizations who employ more than 20 individuals. Also, small organizations which do not have the minimum strength can register themselves voluntarily. Organizations which grow to a strength of 20 members are expected to register themselves within one month of attaining the minimum strength.

Registration Process for MSME

  1. If a person wants to do registration for more than one industry then also he/she can do individual registration.
  2. The document required for the registration is Personal Aadhar number, Industry name, Address, bank account details and some common information.
  3. Once the detail-filled and upload you would be getting the registration number.
  4. To do the registration he/she has to fill a single form which is available at the website which is listed below.
  5. To do the registration the small and medium scale industry owner has to fill a single form which he can do online as well as offline.
  6. In this, the person can provide self-certified certificates.
  7. There are no registration fees required for this process.

Documents Required for MSME Registration

  • Copies of Sale Bill and Purchase Bill
  • Copy of Licenses and Bills of Machinery Purchased
  • Business Address Proof
  • Partnership Deed/ MoA and AoA