Setting up Jewellery Manufacturing Business in Jaipur(INDIA)
January 26, 2023
Setting up Jewellery Manufacturing Business in Jaipur
Jaipur, which serves as a home to biggest Jewellery houses of the country provides an excellent playground for your Jewellery business. It acts as a base for expanding your well established global Jewellery business whether is amounts to sourcing coloured stones from Jaipur.
Jaipur is a sourcing ground to colour stones
Why to setup a Jewellery business in India?
The following are the reasons which will justify you as to why should you setup Jewellery business in India and more specifically in Jaipur:
- Ease in procuring gemstones-with easy access to Johri Bazaar, the procurement becomes become swift and economical.
- Easy Vendor Engagement – Having direct connectivity bring more discounts and good relations.
- Access to quality stones at right prices.
- Gemstone cutting.
- Saving Time:-There are occasions when gemstones required are not available of the same size and same cutting thus getting the stones cutting directly saves lot of time.
- Cheap labour for manufacturing Jewellery. Jaipur has a huge market for human resource specializing in all kinds of jewellery thus advancing ease and cost economics to your business.
Now once you are sure to setup your Jewellery business in India/Jaipur you have to seek registration of business in India.
Now in order to register your business in Jaipur, following legal formalities need to be taken care of:
- Business Registration:-The following form are the types of registration which an non-national can opt for business registration in India:
- Private Limited Company (PLC) (Most Preferred)
- Limited Liability Partnership (LLP)
- Public Company
- Branch Office
- Liaison Office
- Tax Registration:- Every business in the Jewellery Industry is required to register under GST law as well as get a Letter of undertaking from the GST department
- Licenses:- BIS Certification is to protect the public against impure and bad quality products and it has been made mandatory for the jewelers who are in the manufacturing of jewellery to maintain standards of purity and fairness in their products.
We as India’s Leading Law firm in Setting up Business in India can help you in the dimensions of business.
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