An Overview of Shop And Establishment Act Registration in Jammu And Kashmir

Eligibility Criteria for Shop And Establishment Act Registration in Jammu And Kashmir
Following is the eligibility criteria for Shop And Establishment Act Registration in Jammu And Kashmir:
1. A minimum of 2 Shareholders & 2 Directors are required for Shop And Establishment Act Registration and both the Directors & Shareholders can be the same people;
2. All businesses must have a registered office address from where they will conduct their business;
3. DSC (Digital Signature Certificate) and DIN (Director Identification Number) for all the Directors are also required;
4. The owners of the business will have to draft the required legal documents such as MoA, AoA & Shareholders Agreement;
5. At least one of the Directors must be an Indian Resident i.e., he or she must have stayed in India for at least 182 days in the last year.