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  • 15 Steps To Your Company: E-Commerce

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    Sunil Joshi
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    This document outlines 15 steps for establishing an e-commerce company in India. It recommends registering as a private limited company with a minimum investment of Rs 1 lakh. It also details the necessary registrations and compliances needed with various government departments depending on the business model and location, such as service tax, sales tax, shops and establishments acts, employee insurance, and contract labour regulations. The final steps involve registering domain names, software licenses, paying applicable taxes, and avoiding FDI rules as needed.

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    MEETUP

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    meetup

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    This document outlines 15 steps for establishing an e-commerce company in India. It recommends registering as a private limited company with a minimum investment of Rs 1 lakh. It also details the necessary registrations and compliances needed with various government departments depending on the business model and location, such as service tax, sales tax, shops and establishments acts, employee insurance, and contract labour regulations. The final steps involve registering domain names, software licenses, paying applicable taxes, and avoiding FDI rules as needed.

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    © All Rights Reserved
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    19 views1 page

    15 Steps To Your Company: E-Commerce

    Uploaded by

    Sunil Joshi
    This document outlines 15 steps for establishing an e-commerce company in India. It recommends registering as a private limited company with a minimum investment of Rs 1 lakh. It also details the necessary registrations and compliances needed with various government departments depending on the business model and location, such as service tax, sales tax, shops and establishments acts, employee insurance, and contract labour regulations. The final steps involve registering domain names, software licenses, paying applicable taxes, and avoiding FDI rules as needed.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
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    15 STEPS TO YOUR E-COMMERCE COMPANY

    1. At least two people needed to register as a private ltd company (preferred over
    other partnerships because of limited liability and perpetual succession issues)
    2. Minimum investment Rs 1 lakh
    3. A memorandum with the objective, liability of member, capital clause of the
    company and article defines powers of the management
    4. A clear objective of the company crucial. A marketplace company defined as IT
    services, marketing, etc
    5. A marketplace company needs to registered with the service tax department for
    providing services
    6. An inventory company defined as retail, wholesale, cash & carry or retail trade
    7. An inventory-led model needs Trade Identification Number or TIN from the state
    sales tax department
    8. If company working from leased or self-owned premises and has at least two
    persons, it needs to register under the Shops and Establishments Act, 1954, of the
    state
    9. If there are at least 20 workers, registration with the employee state insurance
    necessary
    10. Mumbai asks for special professional tax & local body tax and compliance with
    the labour department. No such taxes in Delhi and Haryana
    11. If customer care services isn’t outsourced, other service provider (OSP)
    registration needed for bandwidth & phone
    12. If labourers on contract and more than 20, registration with the contract labour
    department and compliance with labour rules needed
    13. To launch the platform, registration for domain address, Microsoft and other
    software licences needed
    14. Marketplace company needs to pay service tax of 12.36% and 30% tax on profit
    15. Twin-company structures used to avoid foreign direct investment (FDI) rules. In
    inventory-led model, where FDI is not allowed, one company is wholesale/cash &
    carry which have no FDI cap. Enforcement directorate looking out for such
    companies

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