A recruitment agency is a place where people can come to find employment opportunities. They are primarily responsible for recruiting, screening and hiring employees.
Registering your recruitment agency in India is an important step to take before you start hiring. It helps you get a better understanding of the legal requirements and regulations that you need to follow.
For this purpose, you will also need to decide on the type of business structure for your recruitment agency.
You can choose from the following:
Sole Proprietorship and Partnership are best for Small Scale Startups whereas if you plan to go big and have early expansion plans register as a Private Limited Company, LLP or OPC.
To make sure that you are offering your clients reliable and quality services, you need to register your recruitment agency in India.
It will help you in getting more clients and also help in building a strong brand presence in the market.
The following are the steps to register your recruitment agency in India:
The application form is divided into two parts: Part A and Part B.
Part A: Basic information about the company, including name, address, contact person, address of registered office, etc.
Part B: Detailed information about the company, including the number of employees, annual turnover and profit/loss statement for the last three years, etc.
Registering with the government is not always easy, especially for small businesses or startups that are just starting.
However, there are some ways that you can speed up the process of registration and help your business grow faster.
One of which is registering with the help of a business service provider like StartEazy.
For this purpose, fill out the form on your right and get in touch with an Expert.
The Government of India has issued a list of documents that are required for registering a business in the country. These documents vary depending on the type of business and its activity.
The following is the list of mandatory documents for registering a recruitment agency in India:
Digital signature certificates are necessary for companies to sign documents digitally, which is why they have become a standard requirement.
Digital signatures are the new way of confirming the authenticity of a document.
They are part of a digital identity that helps you to authenticate yourself online and protect your personal information from being compromised.
There are several ways to get digital signature certificates, but the most popular one is by going through your Business Service Provider.
We will issue a Class 3 Digital Signature Certificate for Authorised Directors which is the standard type for registering your business.
After preparing all the documents and the digital signature certificate, share the documents with your appointed agent.
They will further file your application on the official portal of the Ministry of Corporate Affairs (MCA) and attach the documents.
The form will be successfully submitted only after paying the required fees as well.
The company registration fees mainly depend on the authorised share capital and the state of incorporation. It could anywhere between Rs. 7,000 - Rs. 30,000.
Accordingly, there are majorly 2 things that make up the government fees:
Read more about the detailed company registration fee structure.
The Business Incorporation Certificate is a document that certifies the validity of the business entity.
It is also a legal instrument which can be used as evidence to prove that the business entity has been incorporated and registered by the law.
Thus, once you complete all the processes and submit the documents correctly, you will receive the incorporation certificate.
It can take up to 9-10 business days to receive the incorporation certificate from the government.
However, if there is any query or clarification required, it can take 7-8 days more.
The HR startup industry is not an easy one to enter and it requires a lot of hard work and dedication.
For those who have been dreaming of becoming an HR startup founder, here is a list of things, that you need to know before you dive in:
Above all, the founder needs to be able to find opportunities, build networks, and manage finances.
They also need to be able to understand the market, create products that solve problems, and have an idea about how the business will grow over time.