Shop Establishment Registration
The Shops and Establishments Act regulates conditions of work, lists rights of employees in the unorganized sector and provides a list of obligations for every employer.
PAN & TAN Registration
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HERE’S HOW IT WORKS
We do a thorough check of the files you send in
We will appoint an affiliate to process your application
Receipt of License
The TIN will be issued within 15 days of the application
Why should you register your Company?
Registering a company offers many benefits. A registered company makes it genuine and increases the authenticity of your business.
- Shields from personal liability and protects from other risks and losses.
- Attracts more customers
- Procures bank credits and good investment from reliable investors with ease.
- Offers liability protection to protect your company’s assets
- Greater capital contribution and greater stability
- Increases the potential to grow big and expand
- You will also get Zero Balance Current Account
Importance of Shops & Establishments Act
Shops & Establishment Act Process
For the registration, PAN cards, proof of address of the directors, partners and proprietors and information of the staff need to be sent in.
2 BUSINESS DAYS
The registration will be filed on your behalf at the regional Municipal Corporation. We will do the entire process for you, hence you need not physically appear for anything.
7 BUSINESS DAYS
Within a span of a week, you will be acknowledged on the process initiation. If in any case, the inspector calls for additional documents to be submitted, we will get back to you on the same. Once all the documents are submitted, the process will be completed and closed. Your registration hard copy will be issued anywhere between 10 days if in the metro cities but would take 15 to 20 days if applied from any other part of India.
WHY START-UPS PREFER PRIVATE LIMITED COMPANY AS A BUSINESS FORM?
The Private Ltd Company is one of the most preferred business legal forms by growing Indian start-ups. A private limited company can fulfill the requirement of raising funds from private investors easily; attract less tax and is a separate legal entity with perpetual succession which is restricted to other business types. Find out more.
4 Important Aspects about Shops & Establishments Act One Should Know
The Primary Goals of the Shops & Establishments Act:
One of the main reason for The Shops & Establishment Act to have come to force is to have systematic perks for all employees employed in various establishments, theatres or places of amusement.
The Guidelines of the Shop and Establishment Act:
The Shop & Establishment act forms the guidelines for employers to strictly adhere to the number of working hours daily and every week, the stipulated time for opening and closing the shop, adhering to national and religious leaves, setting regulations for the recruitment of children and women, maternity leaves, sick and casual leaves, regulations for recruitment and termination of service, regulating annual holidays, upkeep of records & registers and presentation of announcements for the employers and the employees.
Records to be Maintained under the Shops and Establishment Act:
All businesses have to ask for the validation or the approval of the Department of labour and keep abreast on the specifics of recruitment, pay, deductions, leaves etc under the Shops and Establishment Act. Proof of yearly leaves, a total count of employees should be surrendered to the MC also known as the Municipal Corporation, annually. However, the requisites differ from one state to the state other.
License Requirement for the Shops and Establishments Act:
The Shops and Establishment Act license is a mandatory requirement and therefore all shops and establishments should sign up under the act within 30 days from the date of beginning. Also, this registration is the primary license which is a requirement for other license registrations. To acquire the shops and establishment license registration, PAN card of the shop owner or the establishment itself, a photocopy of the rental agreement or sale deed and information about of the employees is mandatory.