How To Start IT Business in India: Difference between revisions

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== 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 [http://incometaxindia.gov.in 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.


[[Category:Business]]
[[Category:Business]]

Latest revision as of 17:57, 27 March 2022

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.