How To Start IT Business in India

From WikiProblem

Select Location for Your Office

  • Location of IT companies mostly in IT parks or outside of city.
  • Office location should be noise free and don't have legal issues.

Register Company Name

  • select company name which should be unique and available to register.
  • Register company name and get incorporation certificate.
  • Get required licenses and permits for IT business.

Get DIN Number

  • Get DIN number from ministry of corporate affairs.
  • Fill application form through eForm SPICe.

Get GST Number

  • GST number is important for tax.
  • Obtain GST number as you need it for pay tax.

Obtain PAN Number

  • PAN number is required for tax payers as it is required for your all financial transactions.
  • Permanent Account Number is important if you transact more than particular limit.

Obtain TAN Number

  • TAN is essential document for business as it is require for TDS/TCS.
  • You can obtain TAN from incometaxindia.gov.in website.

Get Funding

  • Get funding from investors, your own savings or bank loans.
  • If you have any other sources of income, collect your funding for business.

Build Your Team

  • Build your team with experts and skilled people in the field.
  • Build best working culture and motivate employees time to time with appreciation of their work.

Approach to the Clients

  • If you don't have your own product, approach to the clients to get project.
  • Pitch clients with your team skills, infrastructure, better costing and your past working feedback got from the clients.

Get Employee Insurance Registration

  • Employee insurance like health insurance,life insurance are really important.
  • It shows that you care about your employee not only on professional level but as personal level as well.