Company Registration | Management | Licenses in Bihar

Welcome to our one-stop solution for Company Registration, Management, and Licenses in Bihar. Whether you are a budding entrepreneur or an established business owner, Bihar offers immense potential for growth across various sectors, from agriculture and manufacturing to IT and tourism. With its rich cultural heritage, strategic location, and government-backed incentives, starting and managing a business in Bihar has never been more promising. We provide comprehensive services to simplify your business journey, including seamless company registration, compliance management, and obtaining necessary licenses. Let us help you establish and grow your business in Bihar while ensuring full legal compliance and operational efficiency.

About This Plan

Start & Manage Your Business in Bihar

Timeline

It usually takes 5 to 10 working days.

Buy Now

Services Covered

Who Should Buy

How It's Done

Documents Required

Services Covered

Drafting documents
Filing of forms with Authorities
Documented Follow-up
Business hours - CA support

Who Should Buy

Any business entity or Individual

How It's Done

Purchase of plan
Upload documents on Vault
Drafting of documents
Submission of documents and application with Department
Receipt of Registration letter

Documents Required

Name, Contact Number and Email Id of Stakeholder.
Self Attested PAN, Aadhar & Passport size photo of Stakeholder.
Specimen Signatures of Stakeholder.
Latest Electricity Bill/Landline Bill of Registered Office.
NOC from owner of registered office. (If Owned)
Rent Agreement from Landlord. (If Rented/Leased)
PAN, TAN, COI of the Business Entity
Cancelled Cheque in business name

Why Start a Business in Bihar?

Bihar is emerging as a promising destination for entrepreneurs and businesses due to its strategic location, abundant resources, and government-driven initiatives to promote industrial growth. Here are compelling reasons to start a business in Bihar:

Strategic Location
Bihar’s geographic position offers excellent connectivity to major markets in eastern and northern India. It serves as a gateway to Nepal, creating opportunities for cross-border trade and exports.
Agriculture and Agro-Based Industries
With fertile soil and a vast network of rivers, Bihar is one of India’s top agricultural states. Businesses in food processing, organic farming, and agro-based industries like dairy and floriculture can thrive in this region.
Government Incentives
The Bihar government provides numerous incentives under its Bihar Industrial Investment Promotion Policy. These include tax exemptions, capital subsidies, and grants to encourage investments across various sectors like manufacturing, IT, and renewable energy.
Rich Human Resources
With a young and educated workforce, Bihar offers a skilled and affordable labor pool. The state also has reputed educational institutions like IIT Patna, which contribute to skill development and entrepreneurship.
Rising Infrastructure Development
Bihar is witnessing significant investments in infrastructure, including highways, railways, airports, and industrial parks. Improved connectivity and modern facilities make it easier for businesses to operate and grow.
Expanding Consumer Market
Bihar’s growing population and increasing urbanization offer a robust consumer base for retail, FMCG, and e-commerce businesses. Rising disposable incomes further enhance market potential.
Focus on MSMEs and Startups
The state actively supports Micro, Small, and Medium Enterprises (MSMEs) and startups through financial assistance, incubation centers, and training programs under initiatives like the Startup Bihar Policy.
Tourism and Hospitality Potential
Bihar’s rich cultural and historical heritage, including sites like Bodh Gaya, Nalanda, and Rajgir, makes it a hotspot for tourism. Opportunities abound in hospitality, travel services, and tourism-focused businesses.
Renewable Energy Opportunities
Bihar’s focus on renewable energy presents opportunities for businesses in solar power, biogas production, and energy-efficient technologies. The state encourages sustainable energy ventures with supportive policies.
Ease of Doing Business
The state has streamlined regulatory processes to improve ease of doing business. Online portals for company registration, tax filing, and licensing have made compliance simpler and faster.
Low Operational Costs
Compared to other states, Bihar offers lower operational costs, including affordable land, labor, and utilities, making it an attractive destination for cost-conscious businesses.
Growing IT and Digital Economy
The state is investing in IT parks and digital infrastructure, creating opportunities for startups and businesses in technology, e-commerce, and digital services.
Cluster-Based Industrial Growth
Bihar is developing industrial clusters for sectors like textiles, leather, food processing, and electronics, providing a conducive environment for businesses to collaborate and scale.

Starting a business in Bihar offers a combination of growth opportunities, government support, and an untapped market. Whether you are venturing into agriculture, manufacturing, services, or technology, Bihar provides a fertile ground for entrepreneurial success. With the right strategies and support, your business can thrive in this dynamic and fast-growing state.

Best Suited Business Industries in Bihar

Bihar, with its strategic location, abundant resources, and a supportive policy framework, is emerging as a hub for various industries. The state offers opportunities in both traditional and modern sectors, catering to the needs of its growing population and industrial landscape. Below are the industries best suited for Bihar:

1. Agriculture and Agro-Based Industries

Bihar’s fertile soil and river network make it one of the top agricultural states in India.

Dairy Farming and Processing: Bihar has a robust dairy sector, making it ideal for milk processing and value-added products like cheese and butter.
Food Processing: Opportunities in fruit and vegetable processing, rice mills, and packaging units.
Organic Farming: With increasing demand for organic produce, businesses can focus on pesticide-free crops and export-oriented farming.
Horticulture: Cultivation of mangoes, bananas, litchis, and guavas for domestic and export markets.

2. Textiles and Handloom

Bihar is known for its traditional handloom products, such as Bhagalpuri silk and Madhubani prints.

Silk Production: Bhagalpur is a hub for silk weaving and textile manufacturing.
Handicrafts and Apparel: Madhubani painting-based textiles and handmade garments have significant market potential.
Garment Manufacturing: Small-scale garment units can cater to local and regional markets.

3. Food and Beverage Industry

With its large agricultural output, Bihar offers opportunities in:

Packaged Snacks: Leveraging local ingredients to produce regional snacks.
Beverage Production: Setting up bottling plants for fruit juices and beverages.
Spice Processing: Businesses focusing on processing and packaging spices like turmeric and mustard.

4. Renewable Energy

Bihar is focusing on renewable energy to meet its growing electricity demand.

Solar Power: Installing solar panels for homes and industries.
Biogas Plants: Opportunities in rural areas for waste-to-energy solutions.
Hydropower: Utilizing river networks for small-scale hydropower projects.

5. Tourism and Hospitality

Bihar’s rich cultural and historical heritage makes it a prime destination for tourism.

Eco-Tourism and Heritage Hotels: Establishing eco-friendly stays and converting heritage properties into tourist accommodations.
Travel Agencies and Tour Operations: Catering to pilgrims visiting Bodh Gaya, Rajgir, and Nalanda.
Cultural Tourism: Promoting Bihar’s unique festivals and handicrafts through guided tours and cultural events.

6. Education and Skill Development

Bihar’s young population creates a demand for educational services.

Coaching Centers: Preparing students for competitive exams like UPSC, IIT-JEE, and NEET.
Skill Development Institutes: Focusing on vocational training in IT, agriculture, and construction.
Private Schools and Colleges: Providing quality education to meet the rising demand in urban and rural areas.

7. Healthcare and Wellness

The growing population requires improved healthcare facilities.

Diagnostic Centers: Opening labs and pathology centers in underserved areas.
Pharmaceutical Manufacturing: Setting up units to produce generic medicines.
Wellness and Fitness: Establishing Ayurvedic centers, gyms, and yoga studios.

8. Real Estate and Construction

Urbanization and infrastructure development in cities like Patna and Gaya present opportunities.

Residential and Commercial Projects: Developing affordable housing and retail spaces.
Construction Material Supply: Manufacturing bricks, cement, and tiles for local projects.
Infrastructure Development: Businesses in road construction, bridges, and urban planning.

9. Retail and E-commerce

Bihar’s growing middle class and internet penetration support retail and online businesses.

Local Retail Stores: Opening grocery, electronics, or clothing outlets.
E-commerce Platforms: Selling local products like Madhubani paintings and Bhagalpuri silk online.
Logistics Services: Providing last-mile delivery for online businesses.

10. Fisheries and Aquaculture

With abundant water resources, Bihar offers opportunities in:

Fish Farming: Focus on freshwater fish like catla and rohu.
Prawn Cultivation: Small-scale aquaculture projects.
Fish Processing: Setting up units for cleaning, freezing, and packaging fish for export.

11. Information Technology and Digital Services

The state is investing in IT infrastructure, opening doors for:

IT Training Centers: Offering courses in coding, data analytics, and digital marketing.
Software Development: Small-scale firms developing solutions for local businesses.
Digital Marketing Agencies: Helping local brands build their online presence.

12. Transport and Logistics

Bihar’s location as a trade hub for North and East India makes logistics a lucrative industry.

Warehousing: Establishing storage facilities for agricultural and FMCG products.
Fleet Services: Providing trucks and vehicles for goods transportation.
Cold Storage Units: Supporting perishable goods like fruits, vegetables, and dairy.

13. Plastic Alternatives and Eco-Friendly Products

With increasing environmental awareness, businesses can focus on:

Biodegradable Packaging: Manufacturing eco-friendly alternatives to plastic.
Recycling Units: Collecting and recycling waste into reusable products.

14. Startups and Innovation Hubs

The Bihar government actively supports startups through its Startup Bihar Policy.

Agri-Tech Startups: Offering technology-driven solutions for farmers.
EdTech Ventures: Providing innovative learning platforms for students.
Healthcare Startups: Digital platforms for telemedicine and health management.

Bihar’s diverse economy, government support, and growing consumer base make it an ideal destination for businesses across sectors. Whether you are interested in agriculture, manufacturing, tourism, or IT, Bihar offers abundant opportunities for growth. By leveraging the state’s resources and market potential, entrepreneurs can build successful ventures and contribute to Bihar’s economic development.

Best Location To Start Business in Bihar

Bihar, with its growing economy and strategic location, offers several promising cities and regions for starting a business. Each location presents unique advantages based on its industrial base, infrastructure, and market potential. Here are the best locations to start a business in Bihar:

1. Patna

Why Patna?
Patna, the capital city, is the commercial and educational hub of Bihar. It offers excellent connectivity, skilled manpower, and a growing urban consumer base.
Best-Suited Industries:
Retail, IT services, real estate, education, healthcare, and hospitality.
Key Advantage:
Proximity to government institutions and strong market demand for urban-centric products and services.

2. Muzaffarpur

Why Muzaffarpur?
Known as the “Land of Lychees,” Muzaffarpur is a significant hub for agriculture and food processing industries.
Best-Suited Industries:
Agro-based industries, lychee processing, packaging, and cold storage.
Key Advantage:
Proximity to fertile agricultural zones and growing opportunities in food exports.

3. Gaya

Why Gaya?
Gaya is a major religious and tourism destination, attracting domestic and international visitors.
Best-Suited Industries:
Tourism, hospitality, handicrafts, and local transportation services.
Key Advantage:
Opportunities to cater to the growing influx of Buddhist and Hindu pilgrims.

4. Bhagalpur

Why Bhagalpur?
Known as the “Silk City,” Bhagalpur is famous for its silk production and textile industries.
Best-Suited Industries:
Textiles, handloom, apparel manufacturing, and export-oriented businesses.
Key Advantage:
Skilled artisans and a strong global demand for Bhagalpuri silk.

5. Darbhanga

Why Darbhanga?
Darbhanga is an emerging hub for education and healthcare in Bihar, with growing urbanization.
Best-Suited Industries:
Education, healthcare, real estate, and logistics.
Key Advantage:
Developing infrastructure and growing demand for modern facilities.

6. Purnia

Why Purnia?
Purnia is a prominent agricultural hub, often referred to as the “Gateway of Northeast India.”
Best-Suited Industries:
Agro-processing, logistics, warehousing, and retail.
Key Advantage:
Strategic location for trade and distribution in Northeast India.

7. Begusarai

Why Begusarai?
Begusarai is an industrial hub with a strong presence of petrochemical industries and power plants.
Best-Suited Industries:
Manufacturing, industrial equipment, and ancillary services.
Key Advantage:
Proximity to industrial zones and access to skilled labor.

8. Chapra

Why Chapra?
Chapra is growing as a logistics hub, benefiting from its location near major transportation routes.
Best-Suited Industries:
Warehousing, logistics, and small-scale manufacturing.
Key Advantage:
Strategic location for supply chain and distribution businesses.

9. Hajipur

Why Hajipur?
Hajipur is part of the Patna metropolitan region and an industrial hub under the Bihar Industrial Area Development Authority (BIADA).
Best-Suited Industries:
Food processing, logistics, and warehousing.
Key Advantage:
Presence of industrial clusters and easy access to Patna.

10. Ara (Arrah)

Why Ara?
Ara is witnessing rapid development and urbanization, offering opportunities in retail and services.
Best-Suited Industries:
Retail, education, and small-scale manufacturing.
Key Advantage:
Rising demand for modern amenities and growing consumer markets.

Each city in Bihar offers distinct advantages for various industries, depending on its resources, infrastructure, and market potential. Patna remains the primary hub for urban-centric businesses, while cities like Muzaffarpur and Bhagalpur are ideal for agro-processing and textiles. Choosing the right location depends on your industry focus and business goals, ensuring access to resources, skilled labor, and a growing consumer base.

Company Registration Process & Cost in Bihar

Starting a company in Bihar involves several costs, including government fees, professional services, and other expenses. Here's a breakdown of the typical costs associated with registration of various types of entities in the state:

Government Fees

Digital Signature Certificate (DSC): Required for signing documents electronically. The cost per DSC is approximately ₹1,000 to ₹2,000.
Name Approval Fee: Charges for reserving a business name are usually around ₹1,000.
Stamp Duty: The stamp duty depends on the type of business structure and authorized capital. For basic setups, it can be approximately ₹1,000.
Registration Fee: The government fee for business registration depends on the business type and scale, with charges varying accordingly.

Professional Fees

Consultancy Services: Hiring professionals for assistance with legal and administrative processes may cost ₹5,000 to ₹15,000, depending on the complexity of the registration and services offered.

Other Expenses

Notarization and Attestation: Certain documents may require notarization, which typically costs ₹500 to ₹1,000.
PAN and TAN Application: Businesses need a PAN and Tax Deduction and Collection Account Number (TAN). These applications may incur additional fees of around ₹200 each.

Additional Considerations

Business Structure: The costs will vary based on whether the business is a proprietorship, partnership, LLP, or company.
Authorized Capital or Investment Scale: Higher investment thresholds may attract additional fees.
Registered Office Address: If you don't have a registered office, renting one will involve additional costs.

Costing Range based upon the Type of Entity you Choose:

Type of Entity	Minimum Person	Price Range
Public Limited Company	7	₹35,000 - ₹55,000
Private Limited Company	2	₹15,000 - ₹25,000
One Person Private Limited Company	2	₹15,000 - ₹20,000
Section 8 Company	2	₹18,000 - ₹22,000
Partnership Firm (Registered)	2	₹15,000 - ₹25,000
Partnership Firm (Normal)	2	₹5,000 - ₹7,500
Proprietorship Firm	1	₹2,500 - ₹3,500
Resident Welfare Association (RWA)	5	₹18,500 - ₹23,500
Hindu Undivided Family (HUF)	2	₹3,500 - ₹5,500
Farmer Producer Company	7	₹35,000 - ₹55,000
Other Options	Depends	Know More

To ensure smooth registration and compliance, you can directly reach out to Financial Doctor's at TAXAJ to get an accurate estimate and customized guidance based on your business needs.

Example: Registering a Private Limited Company involves obtaining a Digital Signature Certificate (DSC), Director Identification Number (DIN), name approval, and incorporation filing. We streamline the process so you can focus on your business idea.

Compliances & Managing a Company in Bihar

Managing a company in Bihar involves various ongoing expenses to ensure compliance with legal requirements and smooth operations. Below is an overview of the typical costs associated with managing a company in the state:

Annual Compliance Costs:

Statutory Audit: Every company, depending on its structure, must have its accounts audited annually by a chartered accountant. Audit fees vary based on the company's size and complexity, typically ranging from ₹10,000 to ₹50,000.
Annual Return Filing: Filing annual returns with the Registrar of Companies (ROC) or relevant authority is mandatory. Professional fees for this service generally range from ₹5,000 to ₹15,000.
Financial Statements Filing: Submission of financial statements to the ROC or other designated bodies is required. Costs for this service usually fall between ₹5,000 and ₹15,000.

Tax Compliance Costs:

Goods and Services Tax (GST) Returns: Companies registered under GST must file regular returns. Professional fees for GST return filing can range from ₹1,000 to ₹5,000 per return, depending on transaction volume.
Income Tax Returns: Filing annual income tax returns is mandatory for all entities. Professional fees for this service generally range from ₹5,000 to ₹20,000.

Other Compliance Costs:

Director/Owner Identification Filing: Key individuals of the company may be required to file identification updates annually. Costs typically range from ₹500 to ₹1,000 per individual.
Maintenance of Statutory Registers: Companies must maintain statutory registers and records. Professional assistance for this can cost between ₹2,000 and ₹10,000 annually.

Additional Operational Costs:

Book-Keeping and Accounting Services: Outsourcing bookkeeping and accounting can cost between ₹5,000 and ₹20,000 per month, depending on the complexity and volume of transactions.
Payroll Processing: Managing payroll, including compliance with labor laws, Provident Fund (PF), and Employee State Insurance (ESI) regulations, can cost between ₹2,000 and ₹10,000 per month.

Estimated Total Annual Cost:

Considering the above components, the total annual cost for managing a company in Bihar typically ranges between ₹50,000 and ₹200,000. This estimate may vary based on the company's size, transaction volume, and specific compliance requirements.

Additional Considerations:

Company Size and Complexity: Larger companies or those with complex operations may incur higher compliance and management costs.
Industry-Specific Compliances: Certain industries may have additional compliance requirements, impacting overall costs.

It is advisable to consult professionals at TAXAJ to obtain an accurate estimate tailored to your company's specific needs.

Corporate Advisory & Secretarial Services in Bihar

Secretarial compliance refers to the legal and regulatory requirements that companies in India must follow under the Companies Act, 2013, and other applicable laws. These ensure smooth operations, transparency, and good governance. Below are the key secretarial compliances every company should be aware of:

Annual General Meeting (AGM)
Companies must hold an AGM within six months of the end of the financial year. The gap between two AGMs should not exceed 15 months. Proper notices, agendas, minutes, and resolutions should be prepared and documented.
Filing of Financial Statements
Form AOC-4 must be filed by companies to submit financial statements with the Registrar of Companies (RoC) within 30 days of the AGM. Depending on the company’s category, filings can be in XBRL, non-XBRL, or IND AS XBRL formats.
Filing of Annual Return
Form MGT-7 or MGT-7A must be filed within 60 days of the AGM. Small companies and One Person Companies use MGT-7A, while other companies use MGT-7.
Board Meetings
Companies should conduct at least four board meetings in a year, with no more than 120 days between two consecutive meetings. Notices, agendas, minutes, and resolutions must be recorded and maintained.
Maintenance of Statutory Registers
Every company must maintain important registers, including the Register of Members, Register of Directors and Key Managerial Personnel, Register of Charges, and Register of Contracts or Arrangements in which Directors are Interested.
Appointment and Reappointment of Auditors
The first auditor must be appointed within 30 days of incorporation. Reappointment of auditors is generally done in the AGM. Form ADT-1 must be filed with the RoC within 15 days of the auditor's appointment.
Event-Based Filings
Specific events require filings with the RoC. These events include changes in directors or key managerial personnel, changes in the company’s name or registered office, an increase in share capital, and share allotment or transfer.

Consequences of non-compliance include monetary penalties based on the duration and type of non-compliance, legal action for prolonged violations, and reputational damage, which can affect the company’s image and business opportunities.

Best practices for compliance include maintaining a compliance calendar to track important dates and deadlines, conducting regular audits to ensure everything is on track, hiring professionals such as company secretaries or legal advisors for guidance, and using compliance tools or software to automate reminders and document maintenance.

Following secretarial compliance is essential for smooth business operations and avoiding legal issues. Proactive planning and regular updates ensure companies remain compliant with Indian laws.

Ongoing compliance is critical to avoid penalties and maintain smooth operations. Our services include managing any entity you opt for and cost of the same can vary between given range:

Type of Entity	Type of Compliances	Pricing Starts (Per Annum)
Public Limited Company	Accounting, TDS, GST, Income Tax, Secretarial	₹60,000
Private Limited Company	Accounting, TDS, GST, Income Tax, Secretarial	₹60,000
One Person Private Limited Company	Accounting, TDS, GST, Income Tax, Secretarial	₹36,000
Section 8 Company	Accounting, TDS, GST, Income Tax, Secretarial	₹36,000
Partnership Firm (Registered)	Accounting, TDS, GST, Income Tax	₹30,000
Partnership Firm (Normal)	Accounting, TDS, GST, Income Tax	₹30,000
Proprietorship Firm	Accounting, TDS, GST, Income Tax	₹30,000
Resident Welfare Association (RWA)	Accounting, TDS, GST, Income Tax	₹24,000
Hindu Undivided Family (HUF)	Accounting, TDS, GST, Income Tax	₹18,000
Farmer Producer Company	Accounting, TDS, GST, Income Tax	₹60,000
Other Options	Depends	Know More

State Specific Licenses & Registrations in Bihar

Starting and operating a business in Bihar requires compliance with various state-specific licenses and registrations to ensure legal operation and adherence to local regulations. Below is an overview of key licenses and registrations applicable in Bihar:

1. Trade License

Purpose: Authorises businesses to operate within a specific municipal limit, ensuring compliance with local laws and safety standards.
Issuing Authority:Municipal Corporation or local administrative bodies where the business is located.
Application Process: Applications can be submitted online through the respective municipal corporation's portal or at designated municipal offices.

2. Shops and Establishments Registration

Purpose: Regulates working conditions, hours of work, payment of wages, and other employment aspects for businesses operating within the state.
Issuing Authority: Labour Resources Department, Government of Bihar.
Application Process: Registration is mandatory within 30 days of commencing operations and can be done online through the Labour Resources Department's portal.

3. Professional Tax Registration

Purpose: Mandates the collection of tax from professionals, trades, and employment within the state.
Issuing Authority: Commercial Taxes Department, Government of Bihar.
Application Process: Employers must register and deduct professional tax from employees' salaries, remitting it to the state government.

4. Value Added Tax (VAT) Registration

Purpose: Applicable to businesses dealing with goods and services not covered under the Goods and Services Tax (GST).
Issuing Authority: Commercial Taxes Department, Government of Bihar.
Application Process: Registration is required for businesses dealing in specific goods and can be completed online.

5. Pollution Control Board Clearance

Purpose: Ensures that businesses comply with environmental regulations concerning air, water, and noise pollution.
Issuing Authority: Bihar State Pollution Control Board (BSPCB).
Application Process: Industries must obtain consent to establish and operate, which involves submitting detailed information about the business processes and pollution control measures.

6. Fire Department NOC

Purpose: Certifies that the business premises comply with fire safety regulations.
Issuing Authority: Fire Services Department, Government of Bihar.
Application Process: Businesses, especially those in manufacturing, hospitality, and public entertainment, must apply for a No Objection Certificate (NOC) by submitting building plans and safety equipment details.

7. Food Safety License

Purpose: Mandatory for businesses involved in the manufacturing, processing, storage, distribution, and sale of food products.
Issuing Authority: Food Safety and Standards Authority of India (FSSAI).
Application Process: Registration or licensing can be done online through the FSSAI portal, depending on the size and nature of the business.

8. Drug License

Purpose: Required for businesses engaged in the manufacturing, distribution, and sale of pharmaceuticals.
Issuing Authority: Drugs Control Administration, Government of Bihar.
Application Process: Applications must be submitted with details of the premises, qualified personnel, and storage facilities.

9. Liquor License

Purpose: Necessary for businesses involved in the manufacturing, sale, or distribution of alcoholic beverages.
Issuing Authority: Prohibition, Excise & Registration Department, Government of Bihar.
Application Process: Applicants must meet specific criteria and submit detailed information about the business and premises.

10. Factory License

Purpose: Applicable to manufacturing units to ensure compliance with the Factories Act regarding worker safety and health.
Issuing Authority: Department of Labour Resources, Government of Bihar.
Application Process: Businesses must submit plans, machinery details, and safety measures for approval.

11. Agricultural Produce Market Committee (APMC) License

Purpose: Required for businesses involved in the trading of agricultural produce.
Issuing Authority: State Agricultural Marketing Board.
Application Process: Traders must register and obtain a license to operate within designated market yards.

12. Electricity Department Clearance

Purpose: Ensures that the business premises have a sanctioned electricity load and comply with electrical safety standards.
Issuing Authority: Bihar State Power Holding Company Limited (BSPHCL).
Application Process: Applications for new connections or load enhancements must be submitted with details of electrical installations.

13. Building Plan Approval

Purpose: Mandatory for constructing new buildings or making significant alterations to existing structures.
Issuing Authority: Urban Development and Housing Department, Government of Bihar.
Application Process: Submission of detailed building plans, structural designs, and adherence to zoning regulations are required for approval.

14. Import Export Code (IEC)

Purpose: Essential for businesses engaged in importing or exporting goods and services.
Issuing Authority: Directorate General of Foreign Trade (DGFT).
Application Process: Applications can be submitted online through the DGFT portal with necessary business and bank details.

15. Registration under the Micro, Small, and Medium Enterprises (MSME) Act

Purpose: Provides recognition and benefits to small businesses under the MSME Development Act.
Issuing Authority: Ministry of Micro, Small and Medium Enterprises.
Application Process: Registration can be done online through the Udhyam Registration portal.

Important Considerations:

Timely Compliance: Ensure that all necessary licenses and registrations are obtained before starting business operations to avoid legal issues.
- Renewals: Many licenses and registrations require periodic renewals. Keep track of renewal deadlines to maintain compliance.
- Local Regulations: Understand the unique environmental and cultural regulations specific to the Andaman & Nicobar Islands, especially for businesses in sensitive areas like tourism and marine industries.
- Government Support: Take advantage of government schemes and subsidies offered to businesses, particularly in sectors like tourism, renewable energy, and agriculture.
By adhering to the required licenses and registrations, businesses in the Andaman & Nicobar Islands can operate smoothly and legally while contributing to the sustainable development of this ecologically sensitive region.

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Company Registration | Management | Licenses in Bihar

About This Plan

Timeline

Why Start a Business in Bihar?

Best Suited Business Industries in Bihar

1. Agriculture and Agro-Based Industries

2. Textiles and Handloom

3. Food and Beverage Industry

4. Renewable Energy

5. Tourism and Hospitality

6. Education and Skill Development

7. Healthcare and Wellness

8. Real Estate and Construction

9. Retail and E-commerce

10. Fisheries and Aquaculture

11. Information Technology and Digital Services

12. Transport and Logistics

13. Plastic Alternatives and Eco-Friendly Products

14. Startups and Innovation Hubs

Best Location To Start Business in Bihar

1. Patna

2. Muzaffarpur

3. Gaya

4. Bhagalpur

5. Darbhanga

6. Purnia

7. Begusarai

8. Chapra

9. Hajipur

10. Ara (Arrah)

Company Registration Process & Cost in Bihar

Additional Considerations

Additional Considerations

Costing Range based upon the Type of Entity you Choose:

Compliances & Managing a Company in Bihar

Corporate Advisory & Secretarial Services in Bihar

Ongoing compliance is critical to avoid penalties and maintain smooth operations. Our services include managing any entity you opt for and cost of the same can vary between given range:

State Specific Licenses & Registrations in Bihar

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