As per the Maharashtra Shop and Establishment Act 2017, every firm which employs 10 or more than 10 workers must obtain a license under the act. In your case there is only one employ so it is not mandatory at the initial stage of your business activity. Once the number of employees increases to 10 or more then you can get a license for your boutique under the act.
MSME at the initial stage of business is a good option, but many firms face problems for current account opening as MSME is registration is not sufficient for banks as documentary evidence for current account opening. Banks sometimes may ask for Gumasta License or GST Registration for current account opening depending upon their banking policies.
For further information, please contact our experts at 1800 313 4151 or through mail at support@legalwiz.in
The registration of Partnership Firm is voluntary as provided under Indian Partnership Act, 1932. However, the registration allows higher creditability along with the ease of expansion or conversion of business at future date. The Partnership Firm is registered with the Registrar of Firm (RoF). Here, the registration procedure varies from state to state along with time for issuing registration certificate. To register a partnership firm in Maharashtra, following documents are required to be submitted:
PAN card copy of Partners
Address Proof of Partners
Original Partnership Deed signed by all the Partners
Form No. 1 (Application for registration under Partnership Act)
Affidavit declaring intention to become partner
Rental or lease agreement of the Business Place
Utility Bill as address proof of Business Place
Any other documents, as required by the registrar.
You can refer to our blog "Registered Partnership Firm: Procedure & Benefits of Registration" for details on same.
You may contact LegalWiz.in for any further clarification and Incorporation of the Company. To make the process simple, affordable and hassle-free, please contact us at 8980685509 or drop an e-mail at support@legalwiz.in for consultation with experienced professionals.
Nava Sheva import data you can gain detailed ideas and information about the about the imported goods and products. As Maharashtra is well connected with other states via roads, rails and air ways there is a good profit for you when you gain exclusive import data about the region.
Business Feasibility Studies & Consulting Services in Pune, India. We Research & analysis the feasibility report such as market capacity, competition, issues, management etc. Here are the samples of Top feasibility study Report and conducting the best report for you.
Nashik is an ancient city of Indian state Maharashtra and known as the "grape capital of India". It contributes to more than half of the whole grape exports from the country. We provide updated Nasik Export Data to our thousands of valuable clients who are involved in the business of grapes exportation is Nashik.