Drug License in Chennai


No Hidden Charges
Fast Process
24/7 Support
No Visit to Office

Currently, We are providing service Drug License in Chennai

 

DRUG LICENSE IN CHENNAI


Drugs and Medicines are important to every one living without sick. However licensing is mandatory to do business of manufacturing of drugs, Trading, warehousing, wholesalers, Distributors etc. in India under Drugs & Cosmetics Act, 1940. In 1964, Ayurvedic and Unani drugs were also included under the Drugs and Cosmetics Act, 1940. Who is dealing with drugs and Medicines has to obtain the License from the Concerned authority within the time limit as prescribed by the Department of Drugs and Cosmetics Act 1940. All the records of Drugs and Medicines must be maintained in the manner specified by the licensing authorities. A person doing the business in two states, has to obtain the License in two states as per the Act. No one to allow sell the products of Drugs and Medicines without obtaining the Drug License in India. Once the application made by the applicant for obtaining the Drug License, the department will take 40 to 60 days of time to issue the certificate of Drug license.

ADVANTAGES OF DRUG LICENSE IN CHENNAI


Limited Liability

The main advantage of owning a Private Limited Company is that the Liability of the shareholder limited to share held in the company.

Read More

Continued Existence

The Private Limited Company would not suffer due to shareholder dies or leaves the business as its artificial juridical person.

Read More

Restricted Trade Shares

The share of private limited company cannot sell to outside buyers. Shareholder must agree to sell or transfer of shares.

Read More

Borrowing Capacity

A Private Limited Company easily funded by Banks to their Business. Manage your time so you’ll get more done in less time.

Read More

DOCUMENTS REQUIRED FOR DRUG LICENSE


FOR COMPANY

  • PAN
  • Rental Agreement
  • Bank Statement
  • EB receipt
  • Resolution Copy in case of Company

FOR OWNERES

  • PAN
  • Voter ID / Passport/ Driving License / Aadhar Number
  • Photo – 2 Nos
  • ATTESTATION
  • Documents to be attested

REGISTRATION

  • ST-2 will be issued by the department.

Business Plan

Basic

Rs.10,499/-

  • Two DIN
  • Two DSC
  • 1 RUN Form
  • Company Incorpration
  • PAN and TAN

Standard

Rs.11,799/-

    • Two DIN
    • Two DSC
    • 1 Run Form
    • Company Incorpration with
    • GST Registration

Advanced

Rs.14,399/-

  • Two DIN
  • Two DSC
  • Name Approval
  • Company Incorpration with
  • GST/IEC Registration

HOW LONG DOES IT TAKES?


Step

01

Collection of Documents
 

1 DAY

Step

02

Preparation of Application
 

1 DAY

Step

03

Submission of Application
 

1 DAY

Step

04

Certificate of PVT. Limited Registration

1 DAY

Frequently Asked Questions

What is a Private Limited Company?
A private limited company is an Artificial Juridical Company. A company is registered with ROC in India.
What is the number of Shareholders required to incorporate a Private Limited Company?
There is a minimum of two shareholders required to start a Private Limited Company and the number can extend maximum from fifty to two hundred beyond which is not permitted.
How many Directors are required in Private Limited Company?
A minimum of two directors are required to establish a private limited company and the maximum amount cannot exceed beyond fifteen.
Can LLP (Limited Liability Partnership) be converted to Private Limited Company?
No, LLP cannot be converted to a Private Limited Company as it is not permissible by the government of India. Both the LLP Act, 2008 and the Companies Act, 2013 are silent about the matter and haven’t done any amendments on the same. However, if you want to expand your business you can register a Private Limited Company with INC-29 which has simplified the process of registration.
Can a Salaried person become the director in Private Limited Company?
Yes, a salaried person becomes the director in private limited company, there are no legal bondages in this, but you have to go through with your employment agreement if it contains any restrictions on doing so.
How long is the company valid for?
Once a Company is incorporated, it will be active and in existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and may be struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.
What is DSC?
Digital Signature Certificates (DSC) is an electronic format of a certificate that represents the physical form of a certificate. These are specific certificates which give you authority to access information or services on the Internet or to sign legal documents. It works as a prove for the identity of a person example of certificates can be like a driving license, passport or any membership certificates. It’s the same way as the physical documents are signed manually, the electronic documents, like e-forms, are signed by using the Digital Signature Certificate.
What is DIN?
Director identification number is the unique number that is issued to existing Director or a Future Director of a Company. It is required to be submitted during the procedure for company registration. It is denoted as DIN. Often there are crisis situations when a company is created with money raised from the investors and public, then the director along with all the money vanishes which are not traceable if they don’t have a DIN. To avoid such fraudulent cases and maintain a proper record of the company a DIN is necessary.
What is a Stamp Duty?
It is a tax that is demanded on documents. The stamp duty includes majorly the legal documents such as Cheque, military commissions, marriage license, receipts and land transactions. When a physical stamp is attached to the document, it is denoted that, the stamp duty had been paid for the particular document which was effective legally.
Do I need a Chartered Accountant to register my company?
Yes, a chartered accountant is important for a company registration, as it provides general accounting, internal auditing, accounting, outsourcing, income tax advisors, tax planning, etc.
Can a government servant, start his/her own company?
It is a strict No, a government employee cannot run a business or do a part time job and for that matter anything except the designated work in the government.
What is a Share Certificate?
It is a written document which is signed on behalf of a corporation/company to serve as a legal proof of ownership of shares/stock that the company indicates to have. It is also termed as Stock Certificate.
When to appoint a CA/CS in company?
Every company having a paid-up capital of Rs. 5 crore needs to have a whole time CS official as per the new amendment in the Company Act.

© CopyRights 2019 ClearFilings. All Rights Reserved

 Facebook |  Twitter |  LinkedIn

Clearfilings 4.9 rating out of 5 based on 350 Reviews