Basic Requirements to Open & Operate Successful Food Business in India
Retail Food Business
- General consulting
- Strategic planning
- Accounting
- Demand Analysis
- Supply Analysis
- Sourcing / Purchasing strategies
- Cost management
- Geographical Area Analysis
- Customer analysis
- Food Product Analysis
- Food Product design/Services
- Retail Packaging Design
- Product development/commercialization strategies
- Infrastructure
- Shop/plant design and layout
- Business development
- Business sales
- Consumer promotions
- Advertisement
- Branding
- Retail Food Marketing strategies
- Trade channel development
- Supply chain (Logistics & distribution services)
- Public relations
-
Restaurant Food Business
- General consulting
- Strategic planning
- Accounting
- Demand Analysis
- Supply Analysis
- Sourcing / Purchasing strategies
- Human Resource Management
- Cost management
- Geographical Area Analysis
- Customer analysis
- Food Product Analysis
- Food Product design/Services
- Food Photography
- Retail Packaging Design
- Product development/commercialization strategies
- Infrastructure
- Shop/plant design and layout
- Business development
- Business sales
- Consumer promotions
- Advertisement
- Branding
- Retail Food Marketing strategies
- Trade channel development
- Supply chain (Logistics & distribution services)
- Public relations
-
Other Food Business
- General consulting
- Strategic planning
- Accounting
- Demand Analysis
- Supply Analysis
- Sourcing / Purchasing strategies
- Human Resource Management
- Cost management
- Geographical Area Analysis
- Customer analysis
- Food Product Analysis
- Food Product design/Services
- Food Photography
- Retail Packaging Design
- Product development/commercialization strategies
- Infrastructure
- Shop/plant design and layout
- Business development
- Business sales
- Consumer promotions
- Advertisement
- Branding
- Retail Food Marketing strategies
- Trade channel development
- Supply chain (Logistics & distribution services)
- Public relations
Step 1:- Select Right Company Structure To Start With
Company Incorporation
Type of incorporation
- Sole Proprietorship
- One Person Company.
- Partnership
- Limited Liability Partnership (LLP)
- Private Limited Company (Pvt. Ltd)
- Limited Company
Comparison of all the incorporation types
Business Type |
Proprietorship |
Partnership |
LLP |
Private limited company |
OPC |
Registration |
Not Compulsory |
Optional under partnership act 1932 |
Registered under MCA |
Registered under MCA |
Can be registered under MCA and Companies Act 2013 |
Annual Statutory Meetings |
No requirements to conduct annual statutory meetings. |
No requirements to conduct annual statutory meetings. |
No requirements to conduct annual statutory meetings. |
Board and General Meetings must be conducted periodically. |
No requirements to conduct annual statutory meetings. |
Legal status of entity |
Not considered as a separate legal entity |
Not considered as a separate legal entity |
Considered to have a separate legal entity |
Considered to have a separate legal entity |
Separate legal entity |
Members liability |
Unlimited liability |
Unlimited liability |
Liability of its members is limited |
Limited to the extent of share capital |
Limited to the extent of share capita |
Minimum number of member |
Sole Proprietorship |
At least 2 persons |
At least 2 persons |
At least 2 persons |
Minimum number of 1 person |
Maximum number of members |
Maximum 1 person |
Banking Sector – 10 |
No restriction |
200 |
Maximum 2 person |
Taxation |
Taxed as an individual |
Tax rate is 30% on the company’s profit |
Tax rate is 30% on profits plus cess and surcharge |
Tax rate is 30% on profits plus cess and surcharge |
Tax rate is 30% on profits plus cess and surcharge |
Existence or Survivability |
Existence of a Proprietorship business is dependent on the Proprietor. |
Existence of a Partnership business is dependent on the Partners. Could be up for dissolution due to death of a Partner. |
Existence of a LLP is not dependent on the Partners. Could be dissolved only voluntarily or by an Order of the Company Law Board. |
Existence of a Private Limited Company is not dependent on the Directors or Shareholders. Could be dissolved only voluntarily or by Regulatory Authorities. |
Existence of a One Person Company is not dependent on the Director or Nominee Director. Could be dissolved only voluntarily or by Regulatory Authorities. |
Foreign ownership |
Not allowed |
Not allowed |
Allowed by permission from RBI |
Allowed |
Allowed if one is the director and other is the nominee. Both the director and the nominee cannot be foreign citizens |
Transferability |
Not allowed |
Not allowed |
Can be transferred |
Can be transferred |
Allowed to 1 person only |
Annual filings |
Income tax returns with the registrar of the company |
Income tax return is filed with the registrar of the company |
Filed with the registrar of the company |
Filed with the registrar of the company |
Filed with the registrar of the company |
Approx Registration Cost |
Rs.3,999/- |
Rs.4,999/- |
Rs.6,999/- |
Rs.8,999/- |
Rs.9,999/- |
Licenses / Certification Required to Start Food Business In India
Food Business Operator with Turnover less than 12 Lakhs
- Food Registration
- Trademark Registration of Food Business
- Shops and Establishments Registration
- GST Registration
- Service Tax Registration
- Insurance
- Environmental Clearance
- Approval from the Weights & Measures Department
- Signage license
- Approval/Re-Approval of Restaurants
- license for playing music in restaurants
- Eating House License Registration
- Registrations under Income Tax Act, 1861, Customs Act, 1962 and other labor laws
- Employees' Provident Funds
- Registration under the Central Excise Act
- Health Trade License
- Liquor/Bar License
- Fire Department NOC
- Special Provisions for Restaurant and Catering Business
- Returns required to file by FBO?
Food Business Operator with turnover 12 Lakhs<> 30 Cores as per Categories defined by FSSAI.
- State Food License
- Trademark Registration of Food Business
- Shops and Establishments Registration
- GST Registration
- Service Tax Registration
- Insurance
- Environmental Clearance
- Approval from the Weights & Measures Department
- Signage license
- Approval/Re-Approval of Restaurants
- Lift clearance
- license for playing music in restaurants
- Eating House License Registration
- Registrations under Income Tax Act, 1861, Customs Act, 1962 and other labor laws
- Employees' Provident Funds
- Registration under the Central Excise Act
- Health Trade License
- Liquor/Bar License
- Fire Department NOC
- Special Provisions for Restaurant and Catering Business
- Returns required to file by FBO?
Food Operating Business with turnover more than 20 crores as per Categories defined by FSSAI
- Central food License
- Trademark Registration of Food Business
- Shops and Establishments Registration
- GST Registration
- Service Tax Registration
- Insurance
- Environmental Clearance
- Approval from the Weights & Measures Department
- Signage license
- Approval/Re-Approval of Restaurants
- Lift clearance
- license for playing music in restaurants
- Eating House License Registration
- Registrations under Income Tax Act, 1861, Customs Act, 1962 and other labor laws
- Employees' Provident Funds
- Registration under the Central Excise Act
- Health Trade License
- Liquor/Bar License
- Fire Department NOC
- Special Provisions for Restaurant and Catering Business
- Returns required to file by FBO?
Legal Requirements to Start Food Business
- Legal Services: Trademark, Copyright, and Patent
- Food Law & Dietary Supplements
- Contract Manufacturing Set up & Management
- Contract Management
- Food Safety
- Government & Regulatory Compliance
- Mergers & Acquisitions
Quality and Audit Checks For Food Industry
- Establishment: Design and Facilities Audit
- Control of Operations Audit
- Establishment: Maintenance and Sanitation Audit
- Establishment: Personal Hygiene Audit
- Transportation Audit
- Product Information and Consumer Awareness Audit
- Training and Complaint Handling Audit
How Corpseed will Help you in Operations
- Retail Food Business
- Accounting
- Website Development
- Manufacturing Support & Operations
- Food retailer training and mentoring
- KPI Assessment and Retailer Financial Health
- Nutrition Labels & Science
- Retail Packaging Design
- New Product development
- Operation expansion
- Shop/plant design and layout
- Business development
- Business sales
- Consumer promotions
- Advertisement
- Branding
- Retail Food Marketing strategies
- Selling channel development
- Supply chain (Logistics & distribution services)
- Operational Reviews & Recommendations
- Menu Development & Reviews
- Concept Development & Reviews
- Operational Standards Manuals
- Tenancy Design Reviews & Recommendations
- Public relations
- Restaurant Food Business
- Accounting
- Website Development
- Manufacturing Support & Operations
- Food retailer training and mentoring
- Expenses analysis and saving strategies
- Cost analysis and Management
- KPI Assessment and Retailer Financial Health
- Purchasing
- Research & Development
- Food Processing Manufacturing
- Development of Healthful, Local, & Sustainable Food Initiatives
- Human Resources Management
- Industrial Automation
- Meeting/Event Planner
- Nutrition Labels & Science
- Food Packaging Design
- New Product development
- Operation expansion
- Shop/plant design and layout
- Business development
- Business sales
- Consumer promotions
- Advertisement
- Food Photography
- Branding
- Food Marketing strategies
- Trade channel development
- Supply chain (Logistics & distribution services)
- Operational Reviews & Recommendations
- Menu Analysis / Development & Reviews
- Recipe Development
- Concept Development & Reviews
- Operational Standards Manuals
- Tenancy Design Reviews & Recommendations
- Public relations
- Other Food Business
- Accounting
- Website Development
- Manufacturing Support & Operations
- Food retailer training and mentoring
- Expenses analysis and saving strategies
- Cost analysis and Management
- KPI Assessment and Retailer Financial Health
- Purchasing
- Research & Development
- Food Processing Manufacturing
- Development of Healthful, Local, & Sustainable Food Initiatives
- Human Resources Management
- Industrial Automation
- Meeting/Event Planner
- Nutrition Labels & Science
- Food Packaging Design
- New Product development
- Operation expansion
- Shop/plant design and layout
- Business development
- Business sales
- Consumer promotions
- Advertisement
- Food Photography
- Branding
- Food Marketing strategies
- Trade channel development
- Supply chain (Logistics & distribution services)
- Operational Reviews & Recommendations
- Menu Analysis / Development & Reviews
- Recipe Development
- Concept Development & Reviews
- Operational Standards Manuals
- Tenancy Design Reviews & Recommendations
- Public relations
Continuous improvement
- Retail Food Business
- SLA / KPI Compliances
- TCO (Total Cost of Ownership) reduction
- Process standardization
- Lean/six sigma ideas
- Inventory / Lead time / Delivery process improvement
- Customer satisfaction Index Analysis
- Supply chain optimization
- Feedbacks analysis
- Restaurant Food Business
- SLA / KPI Compliances
- Lean/six sigma implementation
- ISO implementation
- TCO (Total Cost of Ownership) reduction
- Process standardization
- Opportunity Analysis
- Process Control
- Quality Control
- Sensory Testing
- Inventory / Lead time / Delivery process improvement
- Customer satisfaction Index Analysis
- Supply chain optimization
- Feedbacks analysis
- Other Food Business
- SLA / KPI Compliances
- Lean/six sigma implementation
- ISO implementation
- TCO (Total Cost of Ownership) reduction
- Process standardization
- Opportunity Analysis
- Process Control
- Quality Control
- Sensory Testing
- Inventory / Lead time / Delivery process improvement
- Customer satisfaction Index Analysis
- Supply chain optimization
- Feedbacks analysis
This portion of the site is for informational purposes only. The content is not legal advice. The statements and opinions are the expression of author, not corpseed, and have not been evaluated by corpseed for accuracy, completeness, or changes in the law.
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