Business entities operating on micro, small or medium scale may register under MSME Department of Central Government. It helps them to claim the benefit of many schemes and subsidies by the Government.
Shop & Establishments registration is compulsory for all the businesses in most of the State. It must be obtained within 30 days from the business formation. Register your business also with the respective Government.
Exporting goods and services are now part of many businesses. To get benefit under zero-rated and export without payment of taxes, make sure you file Letter of Undertaking under GST for whole Financial Year.