how to start pharma franchise company

How to Start Pharma Franchise Business in India ?

Tips to start your own pharma business : If you are planning to start a pharma company of your own you must need to fullfill 5 basic licence / registration requirements. Last two can be skipped if you are tight on investment however the others are a must to procee ahead. The list is as below :

Drug license number :
Documents required for obtaining Drug License
1.Application form in the prescribed format.
2. Covering Letter with the intent of the application signed with name and designation of the applicant.
3. Challan of fee deposited for obtaining drug license.
4. Declaration form in the format prescribed.
5. Key plan(Blue print) for the premises.

Sale tax number
a) Documents Required in case of Entity
1. PAN Card copy of firm/Company
2. Copy of Property papers
3. Rent agreement copy (If rented property)
4. MOA/AOA (In case of company)
5. Certificate of incorporation (In case of company)
6. Copy of Partnership Deed (In case of Partnership)
7. Certificate of incorporation (In case of company)
8. Electricity/Water/Telephone bill of business place

b) Documents Required in case of Propieter/Partner/Director
1. PAN Card copy
2, Passport size photograph
3. Copy of Aadhaar Card/ Voter identity card

FSSAI ( in case Nutraceutical/food/dietary supplements like vitamins, minerals)
The term FSSAI is an acronym for ‘Food Safety and Standards Authority of India’.

All business that is into some part of the food supply chain is required to have a valid FSSAI-issued license. In other words, yes. An FSSAI license is required for all businesses that are into food and food products. It is a mandatory requirement for all businesses in the country that is engaged in the manufacture of food and food products, to acquire an FSSAI certificate. The FSSAI certificate can be acquired from the website of the FSSAI department.

Private limited company registration

Documents Required for Company Registration
Election Card or Voter Identity Card.
Ration Card.
Driving License.
Electricity Bill.
Telephone Bill.
Aadhaar Card.
Nov 26, 2015

Brand name/Trade name/ Company Name Registration

a) Check Company Name :
Stakeholders are requested to ensure that the proposed name selected does not contain any word as prohibited in Section 4(2) & (3) of the Companies Act, 2013 read with Rule 8 of the Companies (Incorporation) Rules, 2014.

Stakeholders are also requested to read and understand Rule 8 of the Companies (Incorporation) Rules, 2014 in respect of any proposed name before applying for the same.

b) Check Trademark for your proposed name –> Check Trademark

Stakeholders are requested to also check the Trademark search to ensure that the proposed name is not violation of provisions of Section 4(2) of the Companies Act, 2013 failing which it is liable to be rejected.

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