NOT Easy to Do Business
|43||23 Nov 2016 - 18:51||Prashant||188.8.131.52||Easy to Do Business||Entertainment||Delhi||Hauz Khas||3/5||3/5||3/5||3/5||Register the business||
It was quite easy for me to set up my business (LIMN Entertainment) which I would categorize under the entertainment sector. It was easy for me because I registered under my company as a sole proprietorship and also consulted my accountant who handled everything for me. I had to submit just three documents and the process went pretty quick. Infact the process to register my company took only a week or probably 10 days. The difficult part was finding a office space in South Delhi. I looked for 25 to 30 places and my current office where we are sitting was the last place I saw. Different people have different needs. I wanted a place with natural light and parking space and this was the only place I liked which had both of them. Registration of this office (property) was a bit difficult and was an elongated process. It needed a lot of unnecessary paper work. I had got the keys of this office before the paperwork and other formalities were completed. Also had it been a Pvt. Ltd or a Public Limited company, the process of registering the company would be very tedious and no procedure is very clear and straightforward. The process online is also not very easy to understand.
One other thing I would like to mention is that the procedure of registering any business or company and the documentation should be online and paperless. It would be much easier that way. But I have heard we are getting better with time unlike how it was in the past. Like taxation is steadily becoming online, I would like the procedure of registering the business or documentation process of registering your start up should be paperless and online.
It is not advice to others but rather it is a necessity to have all your paperwork in place. A lot of learning takes place only while you are ‘in the process’. I wasn’t aware of running a company or for that manner even manage a team before I started this company. But the journey has been very interesting and I have learnt a lot in the process. One advice would be – you need to be patient. Immense patience is needed if you want to be an entrepreneur. It takes time to set up your company and also for your company to grow unless your business is inherited. My mantara has been – “choose happiness over money!” I was in a very decent and good paying job. But my happiness lied in setting up LIMN and I am very happy about how it is steadily gaining momentum and growing.
|48||28 Nov 2016 - 15:07||Prashant||184.108.40.206||Easy to Do Business||Restaurant||Himachal Pradesh||Dharamshala||3/5||3/5||1/5||3/5||
Get construction permit
Get water connection
The process itself was pretty straightforward - I wasn't made to run around. Not much, anyway - except the odd extra copies of my electricity bill.
I did have a little issue with how the whole process is carried out. We could certainly do with a paperless process.
It's also quite amazing how incoherent the government functions. On one hand, our Prime Minister wants to take things online and go digital, and try to get everyone to use online transactions. On the other hand, these government offices have rather weak internet connections, and really outdated software- Windows 98! These offices also did not have an option to pay by card - how do we conduct business, then? Everyone seemed a little fed up with the whole ordeal, frankly.
Thankfully, the officials in McLeodganj were quite helpful, and didn't make me run around. They tried to get everything done by their own deadlines, and in two weeks, I had my own restaurant up and running. A big part went to the fact that these officials wanted to see business flourish in their small town. In fact, they had come for lunch just last week! It feels good to know that among all the experiences I've heard of (and read on the Ease of Doing Business website), there still are some wheels in the system who want the car to run.
|52||8 Dec 2016 - 14:14||Prashant||220.127.116.11||Easy to Do Business||Education||Uttar Pradesh||Meerut||3/5||3/5||1/5||3/5||
Register the business
The overall process of getting the registration and acquiring land for setting up a small unit that manufactures stationary was quite simple. I did not have to pay any bribe, though the waiting time was a little more than required.
The office in Meerut was filled with people filing registration requests for the textile industry. Since I filed under a different department, my process was a little more smooth and streamlined.
It took me a week to get my registration completed, and a another week and a half to get the land clearances completed. The location already had electricity and water connection, so we didn't apply for new connections.
The officials, however, behaved as if they were doing us a big favour. They were just doing their job, but still had a bit of an ego about it. I did not appreciate that.
|58||12 Dec 2016 - 12:44||Anonymous (not verified)||18.104.22.168||Easy to Do Business||Disaster Management||Delhi||New Delhi||5/5||3/5||3/5||4/5||
Register the business
Get permits and licenses under environmental laws
Get registration and licenses under labour laws
File returns under labour laws, environmental laws, tax laws, etc.
|61||14 Dec 2016 - 00:44||Anonymous (not verified)||22.214.171.124||Easy to Do Business||Advertising||Maharashtra||Mumbai||4/5||5/5||4/5||3/5||
Register the business
The market is really competitive. Having experience in the relative field plays a key part. That is what helped me. Indian market provides an excellent opportunity to start a new business in any particular field of choice. Taking help of experts who can help you register the business has helped me and hence it was easier for me.
|63||14 Dec 2016 - 16:11||Prashant||126.96.36.199||Easy to Do Business||Media||Delhi||Gurgaon||2/5||2/5||1/5||2/5||Register the business||
For me, the only real problem was to find the appropriate CA to do my work for me.
I never intended to do the running around, so finding a CA was the primary step for me. He tried to explain the procedure to me, but I told him not to bother - I just asked him which documents were required from my side, and how many copies of it would he require.
My whole procedure was finished within a week, and I had no issues because I hired a CA who could be trusted.
|69||15 Dec 2016 - 15:24||Prashant||188.8.131.52||Easy to Do Business||Marketing||Delhi||Gurgaon||3/5||4/5||2/5||3/5||Register the business||
I decided to start my own marketing firm in Gurgaon, after I was quite dismayed with my previous job. However, I did not know anything about the procedure, so I consulted a CA about it.
He told me a fairly decent amount for the registration, and told me that I needn't worry about anything. It took me a week to get my registration done, and I did not have any issues with it, mainly because my CA completed all my formalities.
I had to only submit my Aadhar card and PAN card, nothing more. Since I didn't go to the office myself, I wouldn't know how many copies of each were required.
|72||16 Dec 2016 - 08:41||Prashant||184.108.40.206||Easy to Do Business||Food||Delhi||Gurgaon||2/5||3/5||1/5||2/5||Register the business||
Getting the permits was not an issue, apart from finding information about it. I did everything myself, and got all the permits within a month, and my food supply company was up and running within six weeks. The real problem arises after you start the business.
The attitude of customers/vendors/clients. People feel no remorse about wasting someone's time, or indulging in petty cheating. Of course things like these are present in the west too, but the magnitude is different. Oh, and this is more present in North India than in South! This reflected even while I was getting my permits- people just wasted everyone else's time, if it meant getting their work done five or ten minutes earlier.