Three Pillars Every Founder Should Focus On When Starting Up a Startup
Hello everyone! In today’s post, I want to discuss three crucial pillars that every founder
Plastic waste authorization is a legal certification that is mandatory for any entity involved in the management, processing, and recycling of plastic waste. This authorization is issued by the respective State Pollution Control Board (SPCB) under the guidance of the Central Pollution Control Board (CPCB) in India. It ensures that plastic waste is handled in an environmentally sustainable manner and that the health and safety of workers involved in the process are protected.
The Plastic Waste Management Rules (2016) of India prescribe the conditions and standards to be adhered to by entities engaged in the collection, segregation, storage, transportation, processing, and disposal of plastic waste. Plastic waste authorization requires the applicant to comply with these rules, obtain the necessary clearances from local authorities, and follow the prescribed procedures for the management of plastic waste. The authorization is valid for a specified period and needs to be renewed upon expiry.
Environmentally Sustainable | The plastic waste management system ensures that plastic waste is processed in an environmentally sustainable manner, reducing the burden on landfills and protecting the environment |
Social Responsibility | As a responsible business owner, registering under a plastic waste license shows your commitment to sustainable and ethical business practices, contributing to society and the environment |
Business Opportunities | Registration under a plastic waste license can open up opportunities for your business to participate in government tenders and contracts related to plastic waste management and recycling |
Access to Grants and Funding | The government of India provides various grants and funding to businesses involved in the management and recycling of plastic waste. Being registered under a plastic waste license makes your business eligible to apply for these grants and funding schemes |
Step 1: Collection: The first step in the recycling process is to collect plastic waste from various sources like households, industries, and commercial establishments.
Step 2: Sorting: Once collected, the plastic waste is sorted into different categories based on their composition, color, and quality.
Step 3: Shredding: After sorting, the plastic waste is shredded into small pieces using a shredding machine. This step is necessary to prepare the plastic waste for further processing.
Step 4: Washing: The shredded plastic waste is then washed to remove any impurities like dirt, dust, and other contaminants.
Step 5: Melting: The cleaned plastic waste is melted down and converted into small pellets or granules using an extruder machine.
Step 6: Manufacturing: The plastic pellets or granules are then used to manufacture new plastic products like bags, bottles, and other plastic items.
Step 7: Disposal: Any plastic waste that cannot be recycled is disposed of in a safe and environmentally friendly manner.
The recycling process of plastic waste is essential for reducing the amount of plastic waste that ends up in landfills and the environment, and it promotes the sustainable use of resources.
For setting up a recycling plant, you will be required some licenses-
1. G.S.T. Registration
2. Authorization from SPCB
3. Registration under P.W.M.
Documents Required for the Registration-
1. Authorized Signatory Aadhaar Card
2. Authorized Signatory P.A.N. Card
3. Water Bill
4. Rent Agreement/ Property Papers
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Hello everyone! In today’s post, I want to discuss three crucial pillars that every founder
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Want to Setup your business in India? Connect with the best Online Registration, Licenses and Return filing solution providers for business across India. Since 2007, LegalSuvidha has been a one-stop shop for all startups or entrepreneurs looking for a chartered accountant, company secretary or lawyer. We have been ensuring Startups and SMEs are fully compliant with India’s legal system. Over the past 15 years, the depth of our offerings has increased and that too at affordable prices and customer satisfaction has made our standing different and we are giving a tough competition to other online facilitators of legal services in India. We have the best team for Company incorporation, Trademark Registration, Auditing, Advisory and Tax Filing for large, medium, small businesses and Startups in India.
Most of the budding entrepreneurs are in dilemma about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship? Each of these has its advantages and disadvantages. The type of entity should be chosen only after one round of consultation with our experts, as they will be in a better position to guide on the same. For example, Registering as a private limited company would be a good fit for any venture that will look for funding at a later stage. You can contact Legalsuvidha for any type of registration and advice you need for your business transactions. We assure you of great professional service at a reasonable price. You can connect with us for a free check on the Company name availability.
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There is a lot of importance of legal documentation when you start your business, whether with your Investors, partners/co-directors, employees and any vendors you deal with. By getting a lawyer to draft contracts or agreements with new vendors, employees, and investors, you’re ensuring that you have all the downsides covered. At LegalSuvidha, we connect you to lawyers who will deliver complex documents, from shareholders’ agreements and founders’ agreements to terms of service/privacy policy and non-disclosure agreements, at a reasonable cost in a few days.
It’s not enough to have started a private limited company or an LLP. You need to comply with all the requirements of the Ministry of Corporate Affairs, Central Board of Indirect taxes and Central Board of direct taxes once you register your business. You need to inform them of every relevant change you make, whether it is adding a director, removing a partner or increasing authorized share capital. You also need to file annual returns and maintain your accounts. In the case of a private limited company, you even need them audited. At LegalSuvidha, we facilitate all these services completely online. This means you can engage a professional on retainer for the year and we’ll ensure that all the formalities are completed for you while you focus on your business.
We are Authorized e-return Intermediaries and have recently launched our own ITR filing platform, this will help the salaried employees and businesses to get their ITR filed within the time and at a reasonable price. Through the use of automation, the system is highly effective and will help in filing ITR in up to 10 minutes for Salaried employees. We have on-boarded the best Chartered Accountants who will provide consultation for both Salaried employees and Businesses to file proper taxes to the government of India. This will help in avoiding legal notices in the future and will also help in getting the returns processed at the earliest. We are the first in the market to launch the ITR filing facility for FY 2018-19.
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