What licenses are required to start a recruitment firm in Hyderabad? Please suggest.
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To start a recruitment firm in Hyderabad, you need to ensure compliance with relevant regulations and obtain the necessary licenses. Here are the key licenses required:
License from the Ministry of Corporate Affairs
- Register your recruitment firm as a private limited company or a partnership firm with the Ministry of Corporate Affairs.
Service Tax Registration
- Obtain Service Tax Registration from the Central Board of Indirect Taxes and Customs (CBIC) if your annual turnover exceeds the threshold limit.
Goods and Services Tax (GST) Registration
- Register for GST with the GST Network if your firm's turnover exceeds the prescribed limit.
Professional Tax Registration
- Register for Professional Tax with the State Government of Telangana as per the applicable rates.
Shops and Establishment Act License
- Obtain a Shops and Establishment Act License from the local municipal corporation or the relevant authority.
Employee Provident Fund (EPF) Registration
- Register your firm under the EPF Act if you have more than 20 employees.
Employee State Insurance (ESI) Registration
- Register under the ESI Act if you have more than 10 employees.
Trade License
- Obtain a Trade License from the local municipal corporation to operate your recruitment firm legally.
Ensure to comply with all labor laws, taxation regulations, and licensing requirements to establish and operate your recruitment firm in Hyderabad successfully. It is advisable to consult with a legal advisor or a professional consultant to navigate through the licensing process smoothly.
From India, Gurugram
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74License from the Ministry of Corporate Affairs
- Register your recruitment firm as a private limited company or a partnership firm with the Ministry of Corporate Affairs.
Service Tax Registration
- Obtain Service Tax Registration from the Central Board of Indirect Taxes and Customs (CBIC) if your annual turnover exceeds the threshold limit.
Goods and Services Tax (GST) Registration
- Register for GST with the GST Network if your firm's turnover exceeds the prescribed limit.
Professional Tax Registration
- Register for Professional Tax with the State Government of Telangana as per the applicable rates.
Shops and Establishment Act License
- Obtain a Shops and Establishment Act License from the local municipal corporation or the relevant authority.
Employee Provident Fund (EPF) Registration
- Register your firm under the EPF Act if you have more than 20 employees.
Employee State Insurance (ESI) Registration
- Register under the ESI Act if you have more than 10 employees.
Trade License
- Obtain a Trade License from the local municipal corporation to operate your recruitment firm legally.
Ensure to comply with all labor laws, taxation regulations, and licensing requirements to establish and operate your recruitment firm in Hyderabad successfully. It is advisable to consult with a legal advisor or a professional consultant to navigate through the licensing process smoothly.
From India, Gurugram
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