You’ll receive your completed FSSAI Food License package by E-mail & Courier. The three licenses, however, differ on the basis of the scale of operation of the food business which is being carried out. The following is the comprehensive information on the three food licenses. 1. FSSAI Basic Registration: The Food business operators like petty food manufacturers and also the small-sized manufacturers, storage units, transporters, retailers, marketers, distributors, wholesalers, retailers etc. are required to obtain the FSSAI Registration. The FSSAI Registration is however allotted by the State Government. Depending upon the size of operations, an FBO can thus fall under the State Registration or license. It is thus especially for the business units having turnover of up to 12 lakhs per annum. 2. FSSAI State License: FBO like small or might be medium-sized manufacturers, storage businesses, transporters, retailers, marketers, distributors etc. are however required to obtain the FSSAI State License for operating their food business. The State License is issued by the State Government and it is important that you have your operations stick to one state only, the multi-state operation will fall under Central License. It is thus mostly for the business having turnover of more than Rs.12 lakhs per annum but not exceeding Rs.3 Crore per annum. Bhupinder is Law professional he also provides legal consultancy on various areas of law with problem-solving and logical solutions for your case. Get help from an experienced legal adviser. Schedule your consultation at a time that works for you and it’s absolutely FREE.
Before we discuss OPC registration, let’s understand what OPC means. OPC stands for One Person Company. It’s a business structure that requires only one person to form the company. The Ministry of Corporate Affairs in 2013 introduced the concept of OPC to encourage entrepreneurs who want to run the business alone. Furthermore, there’s no minimum capital requirement for starting an OPC. Now, many of you might be thinking that the sole proprietorship and partnership firm also doesn’t have any minimum capital requirement. In fact, they have no registration cost as well, then why OPC? The answer is quite simple. OPC provides its owner with limited liability and several other benefits. In case, the company incurs any loss, the owner’s personal assets won’t be at risk. However, with partnership and proprietorship, the loss incurred will be paid by the owner itself.
Even the owner’s personal asset could be seized if he/she isn’t able to pay the debt. Therefore, OPC registration is mostly recommendable. There are several reasons why OPC registration is gaining more popularity among start-ups fssai license. Because of its formation and low capital requirement, it’s easy to start an OPC within a small budget. Let’s dig out other advantages of One Person Company that makes it favorable for people seeking to start their business with a low investment. No minimum capital requirement: As there’s no requirement for holding a minimum capital, the applicant can even start with Rs. 100 in his/her pocket. Separate legal entity: The Company is a separate entity from its members. It implies that no matter what happens, the company will continue its operation. If the company incurs a debt, the member won’t be liable.