Direct Tax
Consulting
ESG Advisory
Indirect Tax
Growth Advisory
Internal Audit
BFSI Audit
Industry Audit
Valuation
RBI Services
SEBI Services
IRDA Registration
AML Advisory
IBC Services
NBFC Compliance
IRDA Compliance
Finance & Accounts
Payroll Compliance Services
HR Outsourcing
LPO
Fractional CFO
General Legal
Corporate Law
Debt Recovery
Select Your Location
Opening a textile unit firm means supply different types of fabrics for the fashion and apparel industry. There are two methods of working in this case – either opening a factory that produces textiles or fabrics or a shop that sells textile products. In both cases it is important that.
Both the options require a good amount of investment. In the latter case taking the franchise of a reputed brand may cost a little less, but proper accounting is a necessity in both the types of business entities mentioned above.
The textile industry is currently contributing 2% to India’s GDP and 15% to the export earnings of the country. The Indian textile industry is one of the largest in the world with the largest area of land marked for cotton cultivation. Some facts about India:-
There are reasons why the textile business has good prospects in India:-
Whether starting a manufacturing unit or a retail shop, the following registrations are mandatory to start any type of business:-
For Company Registration the Ministry of Corporate Affairs has introduced the Spice Form wherein checking and registering the Name, applying for the Director Identification Number and Incorporation Certificate can be clubbed into one simple process.
In case of starting a textile manufacturing unit, the following additional licenses are required:-
In case of starting a textile unit retail shop:-
An Automotive Dealerships Audit Checklist helps in an examination and review of aspects related...
The Companies Commission of Malaysia sets mandatory guidelines for maintaining the annual compl...
An industry audit is an important aspect of the oil and gas industry, it serves as a tool for e...
With the ever-increasing complexity of operations and potential risks involved with the chemica...
A joint venture is a strategic business arrangement in which two or more companies collaborate...
Are you human?: 6 + 1 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
A Director plays a critical role in a company. They are the trustees of a company's money and property. The Directo...
21 Mar, 2020
There are various queries in the mind of taxpayers ever since the new ITR forms came into effect for the financial...
31 Oct, 2019