How to open a gym in India and what are the license process

Opening a Gym in India and Obtaining Licenses:

Business Plan:

• Start by creating a detailed business plan outlining your gym’s concept, target market, services offered, equipment needed, and financial projections.

Location and Space:

• Choose a suitable location with high visibility and accessibility, preferably in a densely populated area or near residential neighborhoods.
• Ensure the space is large enough to accommodate gym equipment, workout areas, locker rooms, and reception areas.

Legal Structure:

• Decide on the legal structure of your business, such as Sole Proprietorship, Partnership, Limited Liability Partnership (LLP), or Private Limited Company.

Registration and Licensing:

• Register your gym as a business entity with the appropriate authorities, such as the Registrar of Companies (ROC) or Ministry of Corporate Affairs (MCA).
• Obtain necessary licenses and permits, including:

• Trade License: Issued by the local municipal corporation.
• GST Registration: If your gym’s annual turnover exceeds the threshold limit.
• Fire Safety Certificate: Ensures compliance with fire safety regulations.
• Health and Fitness Certification: Obtained from relevant authorities to operate as a fitness center.
• Signage License: Permission for displaying signage outside your gym.
• Music License: If you plan to play copyrighted music in your gym.

Limited Liability Partnership (LLP)

As the name suggests, a Limited Liability Partnership (LLP) is a legal form of business entity that offers limited liability to its partners. Introduced in India by the Limited Liability Partnership Act, 2008, an LLP combines features of both a corporation and a sole proprietorship.

One of the most significant advantages of an LLP is its flexibility, often more so than a corporation. Compared to a sole proprietorship, an LLP offers greater stability and limited liability, making it one of the simplest business structures to operate in India.

2sServices stands as the fastest-growing company registration service provider in India, offering registration services for Private Limited Companies, LLPs, Public Limited Companies, and One Person Companies. Our services ensure greater capital contribution, stability, and liability protection.

Our Inclusive Services:

– Provision of Two DINs (Director Identification Numbers)

– Two DSCs (Digital Signature Certificates) – Class 2

– Name Search & Approval

– ROC (Registrar of Companies) Registration Fees

– PAN & TAN (Tax Deduction and Collection Account Numbers)

– Drafting of LLP Agreement

– LLP Identification Number

– Optional: MSME Certificate

Documents Required for Limited Liability Partnership (All Soft Copies):

– One passport-size photograph of all Directors

– Self-attested PAN card copies of all Directors

– Self-attested Proof of Identity (e.g., Voter ID, Passport, Driving License, Aadhar Card) of all Directors

– Business address proof (any one of Electricity Bill, Telephone Bill, Property Tax Bill, Gas Bill)

– If rented business: Rent Agreement Copy; if owned: Sale Deed

– Company Name (Provide 1 to 6 Names)

– Company Service or Product Name

Procedure for Incorporation of Limited Liability Partnership:

1. Apply for Digital Signature Certificates (DSC) for all Directors (1 Day).

2. Apply for Director Identification Numbers (DIN) for all Directors (1 Day).

3. Apply for the Company Name (1 Day).

4. Document preparation by us for Incorporation and sent to you for Sign (1 Day).

5. Receive Documents from you and File e-forms with ROC along with Payment of ROC Fees & Stamp Duty (1 Day).

6. Verification of documents/forms by ROC and Issuance of Certificate of Incorporation by ROC

(2 Days).

7. Sending you the company Certificate Kit.

Trust 2sServices for swift and efficient LLP registration services, ensuring compliance and legal protection for your business endeavors.

Sole Proprietorship Registration

A Sole Proprietorship Registration refers to a business that is owned, directed, and operated by a single individual. It is recognized by other registrations such as services or sales tax registration. This form of business is the most common in India, especially among small-scale operators, and is particularly prevalent in the unorganized sector. However, it carries significant drawbacks, notably the unlimited liability of the proprietor.

2sServices is leading the market as the fastest-growing company registration service in India. We offer registration services for Private Limited, LLP, Public Limited companies, One Person Companies, and more.

Documents Required for Sole Proprietorship:

1. Recent color photograph of the Proprietor.

2. Firm Name with Registered Office Address.

3. Copy of the Proprietor’s PAN Card & Aadhar Card.

4. Valid Email ID & Contact Number.

5. Details of Products/Services offered by the Firm.

6. Bank Account Statement/Passbook or Cancelled Cheque of the Proprietor.

7. Proof of Business Property Ownership (Electricity Bill or Legal Ownership Documents) or Rent Agreement if applicable.

Procedure to Obtain the Proprietorship Certificate:

1. Upon receipt of payment, we will initiate the following procedure.

2. Prepare necessary documents within one day.

3. Apply for proprietorship registration within one day.

4. Dispatch the Proprietorship Firm Kit to you.

PARTNERSHIP FIRM

A partnership firm functions as a cooperative agreement where individuals, known as partners, collaborate to pursue their shared interests. It enables joint ownership of a business, making it particularly suitable for small entities in the unorganized sector.

Ownership percentages in a partnership firm vary among partners and are determined by various factors. Unlike other business structures, there is no minimum capital requirement for establishing a partnership firm, making it accessible for startups. Additionally, partnerships recognized by government bodies may benefit from favorable taxation policies.

Our comprehensive service package encompasses:

– Drafting of Partnership Deed

– Conducting Name Search & Approval

– Obtaining PAN & TAN

– Optional provision of MSME Certificate

For partnership firm registration, the following documents are typically required in soft copy:

1. Self-Attested PAN card copies of all partners.

2. Self-Attested proof of identity (e.g., Voter ID, Passport, Driving License, Aadhar Card) for each partner.

3. Business address proof (e.g., Electricity Bill, Telephone Bill, Property Tax Bill, Gas Bill).

4. Desired firm name and details of services, objectives, or products.

The registration process typically involves the following steps:

1. Document preparation and partnership deed creation (1 day).

2. Sending the partnership deed for partners’ signatures (1 day).

3. Receiving signed copies of the partnership deed and applying for PAN and TAN.

4. Dispatching the partnership firm kit to the partners.

Overall, partnership firms offer a flexible and straightforward way for individuals to collaborate and establish businesses, with registration services simplifying the process further.

ONE PERSON COMPANY (OPC) PRIVATE LIMITED

We offer comprehensive services for the incorporation of One Person Company (OPC) Private Limited, guided by the regulations set forth by the Ministry of Corporate Affairs under Section 2(62) of the Companies Act 2013.

Here’s what’s included in our service package:

– Provision of One Director Identification Number (DIN)

– Issuance of One Digital Signature Certificate (Class-2)

– Name Search & Approval assistance

– Registration Fees for the Registrar of Companies (ROC)

– Acquisition of PAN & TAN

– Drafting of Memorandum of Association (MOA) & Articles of Association (AOA)

– Allocation of Company Identification Number (CIN)

– Optional provision of MSME Certificate

Please note, stamp duty charges may apply for states such as Punjab, Kerala, Madhya Pradesh, Sikkim, and additional fees may be incurred for NRI/Foreign Directors.

For the incorporation process, we require the following soft copy documents:

1. Passport-sized photographs of Director & Nominee

2. PAN card copies of Director & Nominee

3. Proof of Identity (e.g., Voter ID, Passport, Driving License, Aadhar Card) for Director & Nominee

4. Business address proof (e.g., Electricity Bill, Telephone Bill, Property Tax Bill, Gas Bill) for Director

5. Rent Agreement Copy (if the business property is rented)

6. Desired company name (1 to 2 options)

7. Details of company services or products

8. Valid Email IDs & Contact numbers for Director & Nominee

The incorporation procedure unfolds as follows:

a. Application for Digital Signature Certificate (DSC) for Director (1 day)

b. Application for Company Name Approval (1 day)

c. Preparation of documents (DIR-2, INC-9, MOA, AOA, NOC) by us and sent for signature (1 day)

d. Receipt of signed documents and filing of e-forms with ROC, along with payment of fees & stamp duty (1 day)

e. Verification of documents/forms by ROC and issuance of Certificate of Incorporation (2 days)

f. Dispatch of company Certificate Kit to you

Private Limited Company Registration

Private Limited Company registration is a common choice for establishing a legal corporate entity in India. Governed by the Companies Act 2013, regulated by the Ministry Of Corporate Affairs, a Private Limited Company offers limited liability to shareholders and directors. It requires a minimum of 2 to 200 members, with directors ranging from 2 to 50.

At 2Sservices, we provide efficient and professional services tailored to your needs, ensuring a streamlined registration process within a limited timeframe. Our expertise covers various types of Private Limited Companies, including:

1. Company Limited by Shares: Shareholders’ liability is limited to the amount paid up on shares.

2. Company Limited by Guarantee: Shareholders’ liability is limited to the amount agreed upon commitment to the company.

Our comprehensive service package includes:

– Provision of Two Director Identification Numbers (DIN)

– Issuance of Two Digital Signature Certificates (Class-2)

– Name Search & Approval assistance

– Payment of ROC Registration Fees

– Acquisition of PAN & TAN

– Drafting of Memorandum of Association (MOA) & Articles of Association (AOA)

– Allocation of Company Identification Number (CIN)

– Optional provision of MSME Certificate

For the registration process, we require the following soft copy documents:

1. Passport-sized photographs of all Directors.

2. Self-Attested PAN card copies of all Directors.

3. Self-Attested Proof of Identity (e.g., Voter ID, Passport, Driving License, Aadhar Card) for all Directors.

4. Business address proof (e.g., Electricity Bill, Telephone Bill, Property Tax Bill, Gas Bill).

5. Rent Agreement Copy (if business property is rented) or Sale Deed (if business property is owned).

6. Desired company name (1 to 2 options).

7. Details of company services, objects, or products.

The incorporation procedure unfolds as follows:

1. Application for Digital Signature Certificates for all Directors.

2. Filling out our simple company registration form.

3. Filing for Company name approval.

4. Filing for incorporation through form INC 32.

5. After incorporation, obtaining necessary registrations including GST registration.

6. Dispatch of company Certificate Kit to you.