It is very important for one to look into the legal aspects of any new venture before it goes on the floor. If once done with the legal aspects, the business would be smooth running and there wouldn’t be any obstacles or delay. A tech site is a website where all the latest information about new technology is updated and also quality information is provided about new gadgets. Thus to start this website there are certain legal registrations which are mandatory to be done. Here are the following three,
Prior Udyog Aadhar was known as SSI Registration or MSME Registration. Udyog Aadhar was Launched by Our MSME Ministry on September 2015 with the expect to Provide Aadhar card Like Unique Identity to Micro, Small and Medium Enterprise. In any case, for what reason was Udyog Aadhar Formed, Answer to this is basic on the grounds that before Udyog Aadhar, Small and medium undertakings use to get enrolment under SSI And Msme Registration in India, where the procedure of enlistment was long and tedious as the candidate firm used to Fill Em-1 And Em-2 shape and furthermore need to fill 11 diverse sort of structures.
Presently with Introduction of Udyog Aadhar Registration , you need to outfit your Aadhar card subtle elements and your name. What’s more, check One time Password and fill One page frame Stating your Enterprise Name, Type of Organization, postal address , Date Of Commencement, Bank Details , Major Activity, NIC Code, Bank Details etc.Udyog Aadhar Is One Page Form , Udyog Aadhar Certificate is Sent straightforwardly to your Registered Email Id and Udyog Aadhar is in type of an endorsement that has 12 alphanumeric Registration number arranged over Certificate that indicates that a Small and Medium business is enlisted element in India.
In GST regime, every business whose turnover exceeds 20 Lakhs (10 lakhs for NE and hill states) is required to register as a normal taxable person. This is GST registration. GST registration is very important, as the business/person comes under the service tax or VAT or central excise license right proceeding the appointed day. The goods and service department provides the registered with a unique GST number and this number is used to monitor all the trade. The GST registration is very simple and can be done here https://reg.gst.gov.in/registration/. The penalty rules are stringent for the non-payers or low payers, 10% of the unpaid tax or 10,000 rs whatever is more. If we talk about the compliance then in the gst registration you have to file the monthly GST Return Filing as per the rules. You have to file the GSTR3B for your same & pay the taxes which are collect from your customers.
Duty finding and accumulation Account Number or ordinarily known as TAN is a 10 digit alphanumeric number required to be gotten by all people who are in charge of deducting or gathering the assessment. Be that as it may, a man who is required to deduct charge under segment 194-IA can utilize PAN instead of TAN as he isn’t required to get TAN. TAN is issued by the Income-charge Department to all people who are in charge of deducting charge at source (TDS) or who are required to gather impose at source (TCS).
Parts of a TAN Number
TAN is a ten-character alphanumeric number. The initial four characters are letter sets, the following characters digits are numbers, and the last character is the letters in order.
For Example, if Mr Chinmay needs to begin his own organization of carbon fiber boards, at that point his TAN would be: AMN C 24292 K
Here, the initial 3 letter sets are arbitrary while the fourth letter set is the main letter of the name of the candidate.
TAN is Tax deduction and collection account number. This number is giver to those who are supposed to deduct tax at the source or TDS. It is a 10 digit alphanumeric number and is very important for businesses deducting tax at source and is quoted as TDS or TCS.
You can register TAN here https://www.incometaxindia.gov.in/Pages/tax-services/online-tan-registration.aspx.
So Hope this Guide is really helpful for you to register your Tech Company in India. So Udyog Aadhar and TAN Number & GST Registration is playing very important role in Tech Company.