Company Registration India That Fits To Office And Branch Office Establishment

By Author: mukeshji kumarji
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The Ministry of Corporate Affairs headed by the Government of India registers companies and businesses and gives them the go ahead to start operations. The Government with its ministry initiates empowering businesses as well as protecting the interests of investors. The ministry has an affiliation of offices with the likes of Competition Commission of India, Official Liquidators, Serious Fraud Investigation Office, Company Law Board and Indian Institute of Corporate Affairs. Company registration India falls under this bureau.

The company law board looks at the operations and workings of the companies seeing that it functions accordingly to the framework set by the board. The board was set up in 1991. It has branches in Kolkata which also serves the states of Arunachal Pradesh, Assam, Bihar, Manipur, Nagaland, Orissa, Sikkim, Tripura, West Bengal, Jharkhand; Chennai looks after states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Union Territories of Pondicherry and Lakshadweep Island; New Delhi caters for states of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Rajasthan, Punjab, Uttar Pradesh, and Uttaranchal; ...
... and Mumbai serves states of Goa, Gujarat, Maharashtra, Chhattisgarh, and Madhya Pradesh. The New Delhi branch is the head office.

There are various types of companies. Some are manufacturing related, some are food and beverages, there are technology based companies and then there are non-banking financial ones. The Non Banking Financial Company (NBFC) specializes in loans and are very much similar to banks but are not. There is separate nbfc registration. These companies register under the Companies Act, 1956 of India. Apart from loans, nbfcs offer insurance business, acquisition of shares, chit business and bondsire-purchase. Examples of this type of companies are Industrial Promotion and Investment Corporation of Orissa Ltd, Delhi SC/ST/OBC/Minorities and Handicapped Financial Aid, The Gujarat State Civil Supplies Corporation Ltd, and Unit Trust of India Investment Advisory Services Limited etc.

The NBFCs also have branches. Opening a branch office in India is not complex. Companies and businesses have to undergo branch office establishment. A number of foreign companies have opened up and set up branches and offices in India. The offer consultancy and professional services and advise; export and import goods; provide technical support; offer expertise; and promotes collaborations. The office establishment and expansion should be within the criteria and meet the requirements of the Reserve Bank of India. The permission to set up or establish branch offices is provided by RBI.

All companies and businesses whether locally owned or internationally operated should be registered for service tax. The service tax registration India is handled by the Directorate of Service Tax under the Department of Revenue, Ministry of Finance. It provides general insurance, business and insurance auxiliary services as well as sponsorship service. Businesses which fall under this category are advertising agencies, airport services, business support service, cable operator, cargo handling, beauty parlor, chartered accountant, company secretary, cleaning service, fashion designer, event management, health club & fitness center; foreign exchange broker, dry cleaning, custom house agent, outdoor caterer, photographer and stock broker etc. it should be noted that the service tax is applicable to the whole of India except for the state of Jammu and Kashmir.

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