Ebizfiling India Pvt Ltd

  Start Business in India Registering a business in India is a very quick and online process. India is a land of infinite opportunities and skilled workforce as one would agree. Starting a business in India and Investing was never so easy, cheap and quick. One can start a wholly owned Indian subsidiary anywhere in India. There are no state-specific laws to register your business in India. There is only one central law that governs the Indian Subsidiary Set up across India. All you need a resident Indian director (not necessarily a shareholder but can be an employee!) and a rented (virtual) place of office to get going. 100% ownership, strategic decision -making and control of operations rest with your parent company always. Minimum Requirement for Indian Subsidiary: Minimum two directors are required for incorporation of the Company. At least one should be a resident of India. No minimum capital required to form an Indian Subsidiary Company in India. Indian Subsidiary Company must have

  File Your GST Return GST return filing is completely an online process in India. GST filing is very easy and quick process. However, it is necessary that returns are filed correctly and error-free to ensure that GST credit can be passed onto the next stage. All you need is GST website login credentials to get started. Once your GST registration is done, to file GST return is mandatory. Non-filing of of the same entail heavy penalties.   All registered persons under GST are required to file various returns. Main returns to be filed are GSTR-3B (which is a monthly summary) and GSTR 1 (details of outward supplies).   GSTR 3B is to be filed every month by 20th. However, the government has recently introduced QRMP Scheme according to which  if the turnover for a business for previous year is up to 5 crores, you can pay your GST on monthly basis and file your GSTR 3B quarterly.   Suggested read: QRMP- Quarterly Return filing & Monthly Payment of Taxes – A Scheme for small Taxpayers.