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Indian Business Licensesand Permits for Foreign Companies

Complete guide to Indian business licenses and permits for foreign companies. Learn about industry-specific licenses, general permits, compliance requirements, and get expert assistance.

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Complete guide to Indian business licenses and permits for foreign companies. Learn about industry-specific licenses, general permits, compliance requirements, and expert assistance.

Frequently Asked Questions

What licenses are required for foreign companies in India?

Licenses required depend on the business activity. Common licenses include: GST registration, Shop and Establishment license, FSSAI (for food), import-export code, and industry-specific licenses.

Do foreign companies need GST registration?

Yes, foreign companies must register for GST if their turnover exceeds ₹20 lakhs (₹10 lakhs for special states). GST registration is mandatory for most businesses operating in India.

What is Shop and Establishment license?

Shop and Establishment license is required for all commercial establishments in India. It is issued by state labor departments and is mandatory for offices, shops, and commercial establishments.

What is FSSAI license?

FSSAI (Food Safety and Standards Authority of India) license is required for businesses dealing with food products. It is mandatory for food manufacturing, processing, storage, and distribution.

Do I need import-export code?

Yes, if your business involves import or export of goods, you need IEC (Import Export Code) from DGFT. IEC is mandatory for international trade activities.

What are industry-specific licenses?

Industry-specific licenses depend on your business sector. Examples include: pharmaceutical license, telecom license, banking license, insurance license, and others as per sector regulations.

How long does license processing take?

License processing time varies by license type. GST registration takes 3-7 days, Shop and Establishment license takes 7-15 days, while industry-specific licenses may take longer depending on approvals required.

Can licenses be obtained online?

Many licenses can be obtained online through government portals. GST registration, IEC code, and some state licenses can be applied online. Some licenses may require physical submission of documents.

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