India

Ease of Doing Business in

Kolkata - India

This page summarizes Doing Business data for Kolkata. The first table shows its rank among 17 cities/regions in India. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region South Asia
Income Category Lower middle income
Population 1,236,686,732
GNI Per Capita (US$) 1,530.00
Ease of Doing Business Rank among 17 cities in India Top city in India
17 Ludhiana
Topic Rankings Rank among 17 cities in India Top city in India
Starting a Business 10 New Delhi
Dealing with Construction Permits 16 Bengaluru
Registering Property 13 Gurgaon
Paying Taxes 16 Ludhiana
Trading Across Borders 6 Bhubaneshwar
Enforcing Contracts 13 Hyderabad
Resolving Insolvency 17 Hyderabad

Subnational Data


Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

Indicator Kolkata South Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
13 7 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
36.0 16.2 11.1

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
39.6 19.8 3.6

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 15.8 10.4
No. Procedure Time to Complete Associated Costs
1 Obtain director identification number (DIN) online from the Ministry of Corporate Affairs portal (National) 1 day INR 100
2 Obtain digital signature certificate online from private agency authorized by the Ministry of Corporate Affairs (National) 3 days INR 1,500
3 Reserve the company name online with the Registrar of Companies (ROC) (National) 2 days INR 500
4 Stamp the company documents at the State Treasury (State) 1 day INR 370 (INR 60 for MOA + INR 300 for AOA if authorized share capital exceeds INR 100,000 + INR 10 for stamp paper for declaration in Form 1)
5 Get the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate Affairs (National) 5 days INR 13,250 (filing fee on MOA: INR 12,400 + filing fee on AOA: INR 200 + filing fee on Form 1: INR 200 + filing fee on Form 18: INR 200 + filing fee on Form 32: INR 200 + POA from 5 subscribers: INR 50)
6 Make a seal (Private) 1 day INR 350 (costs starts at INR 350 for seal, depending on number of words to be engraved)
* 7 Obtain a Permanent Account Number (PAN) from an authorized franchise or agent appointed by the National Securities Depository Ltd. (NSDL) or the Unit Trust of India (UTI) Investors Services Ltd., as outsourced by the Income Tax Department (National) 15 days INR 67 (INR 60 application fee + 12.36% service tax + INR 5 for application form, if not downloaded)
* 8 Obtain a Tax Account Number (TAN) for income taxes deducted at the source from an authorized franchise or agent appointed by the National Securities Depository Ltd. (NSDL), as outsourced by the Income Tax Department (National) 14 days INR 57 (INR 50 application fee + 12.36% service tax)
* 9 Register with the Office of Inspector, Shops, and Establishment Act (State/ Municipal) 15 days INR 250 (for an establishment with more than 20 employees, the registration fee is INR 250)
* 10 Register for Value-Added Tax (VAT) at the Commercial Tax Office (State) 20 days INR 100 (no registration fee is prescribed. Stamp duty of INR 100 is required to be affixed to the application for registration. )
* 11 Register for Profession Tax at the Profession Tax Office (State) 10 days No cost
* 12 Register with Employees' Provident Fund Organization (National) 15 days No cost
* 13 Register for medical insurance at the regional office of the Employees State Insurance Corporation (National) 15 days No cost
* Takes place simultaneously with another procedure.

Subnational Data


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