Georgia Statewide Freight and Logistics Plan MPO Listening Sessions Brunswick MPO March 2011.
Mpo final
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Transcript of Mpo final
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HOW TO START AN IT COMPANY IN SIPCOT
TEAM MEMBERS ARUN, DICKSON, VJAYAN, GHANESH,
VIJAYALAKSHMI, ARCHANA
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AIMO How to start an IT company
O How to start a company in Sipcot
O What are all the benefits of starting a
company in Sipcot
O Why Siruseri Sipcot is only place where
IT companies are present
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How to start an IT CompanyO There are 13 steps to start an IT
company
Step 1O Obtain DIN(Director Identification
Number)
O What is DIN
O DIN is a unique number given to the
potential director of the company
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Step 2 and 3O Obtain Digital
Signature
O What is DS
O Digital signature is
attached to an
electronically
transmitted document to
verify its contents and
the sender's identity.
O Reserve the company
name
O We must reserve the
company name in the
registrar of company
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Step 4 and 5O Stamp the
company
document
O We can stamp
our company
document in state
treasury or private
bank
O Permission to
incorporate
O Get the Certificate of
Incorporation from the
Registrar of
Companies, Ministry of
Corporate Affairs
(National)
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Step 6 and 7O Seal
O Although making a
company seal is not a
legal requirement for the
company to be
incorporated, companies
require a seal to issue
share certificates and
other documents
O PANO Permanent Account
Number
O It can be obtained from
Authorized franchise
National Securities
Depository Ltd.
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Step 8 and 9O TANO Tax Account NumberO The Tax Account
Number (TAN) is a 10 -
digit alphanumeric
number required of
anyone responsible for
deducting or collecting
tax.
O Register with the Office of
Inspector, Shops, and
Establishment Act
(State/Municipal)
O A statement containing the
employer-”s and manager-”s
names and the establishment’s
name (if any), postal address,
and category must be sent to
the local shop inspector
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Step 10 and 11O VAT
O Value Added
Tax
O Register for
Value-Added Tax
(VAT) at the
Commercial Tax
Office (State)
O Profession Tax
O Register for
Profession Tax at
the Profession Tax
Office (State)
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Step 12 and 13
O Provident fund
O Register with
Employees’
Provident Fund
Organization
(National)
O Medical insurance
O Register for
medical insurance at
the regional office of
the Employees’ State
Insurance
Corporation
(National)
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After completion of above steps
our company will be ready to
incorporate
To start a company in Sipcot we
must have completed the above
step and do the remaining
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What is SIPCOTO States Industries Corporation Of Tamil
Nadu
O It was started to develop the industrial
growth of Tamil Nadu
O Siruseri Sipcot is the only Sipcot which
hold IT company because
1.Emerging silicon valley
2.Booming industrial city
3.Talent pool
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Why Chennai
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Document needed
1.Brief project report
2.Tentative building layout plan
3.DD with an initial deposit of 5000
4.certificate of Incorporation and
Memorandum and Articles of
Association for Private / Public Limited /
Joint Sector Companies.
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Continuation
O Firm registration certificate
O Industrial license
O List of director and share holder
O Reason for choosing the specific
land
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Process
O All the document must be provided with the properly filled
application form
O 1 acre to lease for 99 year cost 4.1 crore
O Total amount can be given in one payment or as installment
O If all the detail are correct and amount paid on time the land will
be allocated with in 10 working days
O Company must take over the land with in 15 days of allocation
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Construction Procedure
O After taking over the land the
construction must begin with in 6 month
O What happen if we fail so?
O With in 24 months super structure
must be completed