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The event management industry in India is booming, directly employing around 10 million people and indirectly supporting 50 million jobs. Despite its massive contribution to the economy, many aspiring entrepreneurs face challenges in tackling the complex process of starting an event management business.
This blog will guide you through the essential steps of registering your event management company in India from the US. You’ll learn about the legal formalities, required licenses, and key considerations to ensure your business is set up for success.
This guide will provide you with the clarity and direction needed to get started in this fast-growing and exciting sector. Let’s get started.
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Starting an event management business in India from the US offers numerous advantages. Here’s why this sector is ripe for growth:
With an increase in social and corporate gatherings, there’s a high demand for skilled event planners to handle everything from weddings to large-scale corporate events.
Programs like "Incredible India" and "Make in India" are boosting tourism and corporate events, making India a key destination for event management companies.
The event management business can be started with low upfront costs, offering opportunities for scalability. As the business grows, entrepreneurs can specialize in various niches, from weddings to corporate conferences.
India’s diverse culture, thriving corporate sector, young population, and increasing disposable incomes create a perfect environment for event management businesses to flourish.
The growing demand, combined with the relatively low entry barriers, makes now an excellent time to start your own event management company in India.
With a clear understanding of why this industry is thriving, let’s now walk through the steps to register your event management company in India.
Starting an event management business in India from the US can seem overwhelming, but breaking the process down into manageable tasks makes it easier. Here’s how you can register your event management company in India.
The first step is selecting the right legal structure for your business. Depending on the scope and scale of your event management company, you can choose from options like sole proprietorship, partnership, LLP, or private limited company. Your choice will impact the level of liability, regulatory compliance, and future expansion potential.
Clearly outline the types of events you want to specialize in, such as weddings, corporate events, or concerts. Also, decide the services you'll offer, including event planning, catering, technical support, and more. Defining your business model will serve as the foundation for your operations and future growth.
Choosing a unique business name is crucial as it reflects your brand's identity. Once you've decided on a name, check its availability with the Ministry of Corporate Affairs. Ensure it complies with the Companies Act, 2013 guidelines. After verification, proceed with registering the name along with your legal structure.
A Digital Signature Certificate (DSC) is necessary for electronically signing documents during the registration process. You’ll also need a Director Identification Number (DIN), a unique number assigned to directors to ensure accountability and traceability within the company.
To keep personal and business finances separate, open a business bank account. Also, ensure you register for a Permanent Account Number (PAN), as it's essential for all financial transactions, including tax filings and business transactions.
If your annual turnover exceeds ₹10-20 lakh (depending on your state), registering for GST is mandatory. This registration ensures your business complies with tax laws and allows you to claim input tax credits. GST registration also enhances your business credibility.
Also Read: Understanding GST Number: Meaning and Format Explained
For clarity within your team, draft essential operational agreements, such as the Memorandum of Association (MOA) and Articles of Association (AOA) for companies, or partnership agreements for LLPs. These documents lay out roles, responsibilities, and expectations, ensuring smooth internal operations.
Depending on the services you provide, certain licenses and certifications might be required. For example, if you plan to serve food at events, you’ll need to register with the Food Safety and Standards Authority of India (FSSAI). Additionally, securing a trade license from local authorities ensures compliance with regional regulations.
An effective record-keeping and accounting system is vital for your business’s financial health and tax compliance. Implementing an organized system ensures accurate tracking of expenses, profits, and tax liabilities, which is essential for both operations and audits.
Registering your event management business in India requires managing legal, regulatory, and compliance requirements. At VJM Global, we provide expert guidance to simplify the process, ensuring your business is set up correctly and efficiently. We’re here to help you through everything from company registration to securing necessary licenses and tax compliance.
Following these steps will ensure you’re well on your way to registering your event management business in India and starting your entrepreneurial journey.
Also Read: Company Registration Cost in India Explained
Now that you know the registration process, it’s important to gather the right documents to ensure everything runs smoothly.
To ensure a smooth and hassle-free registration process for your event management business, you’ll need to gather the following documents:
Note: For foreign nationals, all documents should be notarized and apostilled to avoid any delays.
Tip: Always ensure that the documents are recent, ideally not more than two months old, to avoid rejection during the registration process. Remember to keep multiple copies of all documents ready, as some may be required at different stages of the registration.
Having all these documents in place will help speed up the registration process, making sure that your business is compliant and legally set up from day one.
Also Read: Documents Needed For Company Registration In India From The US
Once you’ve got your documents ready, following some best practices can make the registration process easier and more efficient.
While registering your event management business in India from the US is straightforward, following these practices can help you avoid delays and ensure a smoother process.
Platforms like the Ministry of Corporate Affairs (MCA) portal streamline the process by allowing you to submit documents electronically. This saves time and reduces the need for physical paperwork.
Once your documents are submitted, regularly monitor the status of your application on the MCA portal or any other platform used for registration. This helps you address any issues or additional documentation requests promptly, preventing unnecessary delays.
Knowing your company’s niche, whether it’s weddings, corporate events, or festivals, will streamline the registration process and help clarify your business activities for regulatory purposes.
Certain approvals, like environmental clearances or specific licenses (e.g., FSSAI for food-related events), can take time. Starting the application process for these approvals early can help you avoid delays later when your business is up and running.
When registering your event management company, consider how it might grow in the future. Ensuring your registration structure allows flexibility for growth can save you time and effort down the road.
Starting your event management business on the right foot requires careful planning and compliance. At VJM Global, we can guide you through the registration process, ensure compliance with Indian regulations, and help set your business up for long-term success. Get started today for expert support in launching your business.
With the process and best practices in place, choosing the right support can make all the difference in ensuring a smooth and successful registration. Let’s learn how.
VJM Global helps you manage the entire process smoothly and ensure that everything is in place for a successful launch. Here’s how we can help:
At VJM Global, we simplify the registration process and offer the support you need to set up and grow your event management business in India.
Starting an event management business in India from the US offers significant growth opportunities, but it requires careful planning and attention to legal, financial, and regulatory details. Registering your company, obtaining the necessary licenses, ensuring tax compliance, and setting up a solid financial infrastructure are all crucial steps for a successful launch.
With VJM Global, these processes can be streamlined, allowing you to focus on growing your business. Get in touch today to ensure a smooth and compliant setup for your event management company in India.
To start your event management business, you’ll need to choose a business structure, register your company, get the required licenses, and create a solid business plan. Networking with suppliers and building a strong brand will also be key to your success.
Yes, you need to register your event planning business and obtain the necessary licenses, like GST registration and possibly FSSAI if you’re handling food-related events.
Event management services in India are generally taxed at 18% GST. However, rates may vary depending on the specific services you offer, such as catering or venue booking.
To register, you’ll typically need identity proofs, address proofs, a business plan, and documents for GST and other necessary licenses. It's important to gather all required paperwork before beginning the registration process.
The registration process usually takes 4 to 6 weeks, depending on the type of business structure you choose and the completeness of your documentation. It’s important to stay on top of the process to avoid any delays.
