How To Register A Drug License?
Obtain a Digital Signature Certificate (DSC).
Step 1
Obtain Director Identification Number (DIN).
Step 2
Prepare MOA and AOA.
Step 3
Drug License
Online Company Registration in India at just Rs. 5999/- (all inclusive)
The Central Drugs Standard Control Organisation (CDSCO) regulates the import, manufacture, distribution, and sale of drugs and cosmetics in India. This is done through a licensing system that ensures that all drugs and cosmetics meet the required quality standards. The CDSCO also has the power to issue notifications under Section 26B of the Drugs and Cosmetics Act, which allows them to control and regulate or restrict drug manufacture in the public interest.
Benefits
Limited Liability
Stakeholders may be responsible for business losses. Liability is limited as unexpected capital.
Easy to change owners
It is easy to add or delete directors or shareholders in a private limited company. The cost of adding or removing is very modest.
Perpetual Succession
The company ceases to exist beyond the lives of shareholders. As it is a construction of law, it can be closed by law.
Tax Advantage
Income tax on companies is the lowest in India; This is 15% for manufacturing units and 22% for all other companies.
Separate Legal Entity
Being a creation of law, the company is a judicial and separate legal person separate from its shareholder/director.
FDI is allowed
In most areas, FDI is allowed under the automatic approval route. A company is ideal for getting FD in India
Documentation & Pricing
List of Documents Required For Company Registration
A. Documents of Directors/Shareholder
- Proof of identity and address,
- Proof of ownership or lease of the premises where the drugs will be sold or manufactured,
- A certificate from a registered pharmacist,
- A fee
B. Documents For Registered Address
- Proof of ownership or lease of the premises where the cosmetics will be manufactured or stored
- A list of ingredients used in the cosmetics,
How to Register?
The Company Registration is a Legal Process, here is the List of Steps that are followed during the process of Private Limited Company Registration in India
Step-1:ncorporation certificate of the company
Documentation plays an important role in online company registration in India. Primary documents of all shareholders and directors such as PAN, ID, and address proof are presented along with the proof of registered address of the company. For registered addresses, utility bills such as electricity bills, water bills, or registered address telephone bills are filed with the NOC from the owner of the premises. The list of required documents is provided above the list of documents required for your reference.
Step-2:KYC documents of each director, partner, or proprietor
The name of each company should be unique and should not infringe on the name of another company or any other trademark. We assist you by conducting a detailed search in the MCA and trademark database for a possible match to the name. Please refer to our detailed discussion on the name approval guidelines of company name approval guidelines for company registration.
Step-3:Proof of premises, such as a rent agreement, electricity bill, or property tax receipt
DSC is equivalent to physical or paper signature under the Information Technology Act. For the registration of a company, all applications to the ROC are filed in digital format signed by its proposed director. The filing process of the company registration begins with the issue of a digital signature for the shareholder and director of the company.
Step-4:Site plan
RUN is the name of an online application, to be used to apply for ROC approval for the company's proposed name. The RUN application can be filed with two proposed names of the company in order of preference, with a note on the importance of the name and business activities.
Step-5:KYC details of the technical person
After approval of the company name, we have to file a formal application for incorporation of the company as SPICE to ROC with appropriate documents as attachments. The documents to be attached to the Spice Form are the company's MOA, AOA, KYC documents of the promoters, and proof of address registered with the NOC from the landlord. The DSC of the promoters is then used to sign the application, which is then forwarded to a Chartered Accountant, Company Secretary, Cost Accountant, or a lawyer practicing in the High Court. The government filing fee for company registration depends on the company's proposed capital.
Step-6:List of cosmetics with product sheets in a specified format, including the composition formula
After verification of the application for company registration, the final stage of company registration is to issue a certificate of incorporation of the company. The issue of registration certificate of the company is the conclusive proof of registration of the company by the ROC.
Step-7:Ownership details of the brand of cosmetic, whether it is registered or under a trademark
Nowadays, the issue of PAN number and TAN automatically occurs at the time of incorporation of the company. A separate application is not required. The PAN number and TAN are printed on the certificate of joining, and after company registration, e-PAN and TAN letters are sent via email.
FAQs
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1.What is the form used to apply for a license to manufacture new drugs?
The form used to apply for a license to manufacture new drugs is Form 44. The form must be submitted to the Drugs Controller General of India (DCGI). -
2. What is the form used to grant a license to manufacture new drugs?
The form used to grant a license to manufacture new drugs is Form 46. The form is issued by the DCGI. -
3. Who is the concerned applicant for a license to manufacture new drugs?
The concerned applicant for a license to manufacture new drugs is the manufacturer of the new drug. -
4. What is the purpose of a license to manufacture new drugs?
The purpose of a license to manufacture new drugs is to ensure that the drugs are manufactured in a safe and controlled environment. The license also ensures that the drugs meet the required standards of quality and efficacy. -
5. What are the other forms used to apply for licenses related to drugs?
orm 40: Registration Certificate for registration of the premises and the drugs manufactured by the manufacturer meant for import into and use in India
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