How can I start my own pharmaceutical company in India?
Important License and Documents Required
- Drug License No.
- GST or Goods and Service Tax Registration.
- Food Safety & Standard Authority of India (FSSAI) (Rs 100 annually for Re-registration)
- Trade Mark per product or name: Estimated Expense (Rs4500 (government fees + advocate fees respectively)
- Company Registration.
How much money do you need to open a pharmacy in Philippines?
The total cost of opening a pharmacy in the Philippines will depend on several components, but a minimum capital of 200,000 – 300,000, Pesos is often required. In addition, business owners may wish to include additional capital as an emergency fund.
How much does it cost to start a drug business in India?
Private Limited Company registration: Estimated Expense – Rs8000 to Rs9000. Owning documents related to drugs license is very important. You need to own a wholesale drug license from local drug control inspector or officer. Registering on GST network will be issued by the tax authorities of India.
How do I start my own pharma company?
Your experience is your base to start your own company. Choose the type of Pharma Company you are most interested in like Pharma Marketing Company, Pharma Franchise Company, PCD Pharma Company, Pharma Manufacturing Company etc. The hypothesis is an important element.
How much does it cost to start a PCD pharma company?
A PCD Pharma Company is supposed to have a list of licenses and approvals from various authorities. Out of these, some are one-time and some recurring. To acquire drug license number and company registration you need 15000 to 20000 rupees. The cost of drug license number varies from state to state. FSSAI registration is a recurring cost.
What is the investment required for pharmaceutical manufacturing company?
Investment Required for Pharmaceutical Manufacturing Company: Pharmaceutical Manufacturing is a highly investment project. Major portion of investment will invest in purchasing a land, Building and infrastructure etc. This can be prevented if you start at rented premises and building.