To acquire expert knowledge of the practical and procedural aspects of setting up of Business Units.
Various Initial Registrations and Licenses: Mandatory Registration - PAN; TAN; GST Registration; Shops & Establishments;SSI/MSME; Additional Registration/License - ESI/PF; FCRA; Pollution; Other registration as per requirement of sector; IE Code; Drug License; FSSAI; Trademark; Copyright; Patent; Design; RBI; Banking; IRDA; Telecom; I & B; MSME Registration;Udyog Aadhar Memorandum; Industrial License, Industrial Entrepreneurs Memorandum (IEM); State Level Approval from the respective State Industrial Department.
Maintenance of Registers and Records: Register and Records required to be maintained by an enterprise.
Identifying laws applicable to various Industries and their initial compliances: Compliance of industry specific laws applicable to an entity at the time of setting up of the enterprise.
Intellectual Property laws (Provisions applicable for setting up of business): Copyright Act; 1957; Patents Act; 1970; Trade Mark Act; 1999; Geographical indication of Goods (Registration and Protection) Act; 1999; Designs Act; 2000.
Compliances under Labour Laws (Provisions applicable for setting up of business): Factories Act; 1948; Minimum Wages
Act; 1948;Payment of Wages Act; 1936; Equal Remuneration Act; 1976; Employees’ State Insurance Act; 1948;Employees’ Provident Funds and Miscellaneous Provisions Act; 1952; Payment of Bonus Act; 1965; Payment of Gratuity Act; 1972;
Employees Compensation Act; 1923; Contract Labour (Regulation and Abolition) Act; 1970; Industrial Disputes Act; 1947; Trade Unions Act; 1926; Maternity Relief Act; 1961; Child and Adolescent Labour (Prohibition and Regulation) Act; 1986;Persons with Disabilities ( Equal Opportunities; Protection of Rights and Full Participation ) Act, 1995; Prevention of Sexual Harassment of Women at Workplace (Prevention; Prohibition and Redressel) Act; 2013.
Compliances relating to Environmental laws (Provisions applicable for setting up of business):Water (Prevention and Control of Pollution) Act; 1974;Air (Prevention and Control of Pollution) Act; 1981; Environment Protection Act; 1986;
Public Liability Insurance Act; 1991; National Green Tribunal Act; 2010.
Start Ups: Start up India policy, registration process; benefit under Companies Act and other Government Policies, Different types of capital: Seed Capital, Venture Capital, Private Equity, Angel Investor, Mudra Bank.
Dormant Company: Obtaining dormant status and dormant to active status.
Strike off and restoration of name of the company and LLP.
Insolvency Resolution process; Liquidation and Winding-up: An overview.
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/setting-business-and-closure-ii
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2019-2020