Compliance with statutory registrations is the foundation for conducting business in India. We offer end-to-end assistance in obtaining essential licenses and registrations to ensure your business starts and operates on a compliant footing.
PAN (Permanent Account Number) & TAN (Tax Deduction and Collection Account Number)
PAN is a mandatory ten-digit alphanumeric number issued by the Income Tax Department, required for all financial and tax-related transactions. TAN is essential for entities required to deduct or collect tax at source. We assist in:
- Application and allotment of PAN/TAN
- Linking with business structures
- Update/correction services
GST Registration (Goods and Services Tax)
GST registration is mandatory for businesses with turnover above the threshold or engaged in interstate supplies. Our services include:
- Eligibility assessment and documentation
- GSTIN application and follow-up
- Advisory on applicable tax structure and compliance requirements
Karnataka Shops & Establishment Registration
Applicable to all commercial establishments operating in Karnataka, this registration is a legal requirement under the Karnataka Shops & Establishments Act. We help with:
- Registration with the Labour Department
- Classification based on business activity
- Ongoing compliance and renewal
MSME (Micro, Small & Medium Enterprises) Registration
MSME/Udyam Registration is critical for businesses seeking benefits under government schemes, subsidies, and easier access to finance. Our services include:
- Udyam portal registration
- Classification under Micro, Small, or Medium category
- Advisory on leveraging MSME benefits
STPI / Non-STPI Registration
- Businesses in the IT/ITES sector, especially exporters of software services, require STPI/Non-STPI registration to avail of tax exemptions and operate under the regulatory framework. Our services cover:
- Post-registration advisory for maintaining STPI norms
- Assistance in preparing and filing STPI/Non-STPI applications
- Guidance on required documentation and compliance
Comparison of Common Business Registrations in India
| Registration Type | Purpose | Applicability | Issuing Authority | Key Benefits | Compliance Requirements |
|---|---|---|---|---|---|
| PAN (Permanent Account Number) | Unique ID for tax transactions | All individuals, firms, companies, etc. | Income Tax Department (CBDT) | Required for filing income tax returns, opening bank accounts, and financial transactions | Permanent; update in case of structural changes |
| TAN (Tax Deduction and Collection Account Number) | Mandatory for TDS/TCS deduction | Businesses deducting tax at source | Income Tax Department (CBDT) | Enables compliance with TDS laws | Quarterly TDS returns filing |
| GST Registration | For indirect tax compliance | Businesses with turnover above threshold or inter-state supply | GSTN (Goods and Services Tax Network) | Input tax credit, legal recognition, compliance under GST law | Monthly/quarterly returns, annual return |
| Karnataka Shops & Establishment | To regulate work conditions, hours, leave, etc. | All commercial establishments in Karnataka | Labour Department, Govt. of Karnataka | Legal recognition, employee welfare compliance | Display of registration, renewals, adherence to labour laws |
| MSME / Udyam Registration | Recognition of small businesses for govt. schemes | Micro, Small & Medium Enterprises | Ministry of MSME (via Udyam Portal) | Subsidies, collateral-free loans, tax & procurement benefits | Update classification as per turnover & investment |
| STPI / Non-STPI Registration | Facilitate software export and compliance | IT/ITES companies engaged in software exports | Software Technology Parks of India (STPI) | Tax exemptions, customs duty waivers, infrastructure support | Annual performance reports, SOFTEX filings |