List of Most Important documents that we need to start a pharma company in India

Posted by pharmafranchisee on June 20th, 2019

Licenses and certificates give authorization to any business to do their business with full rights especially when it comes to pharma business. If you don’t have any idea about the pharma business, then it’s better to choose any other career option out of many.

Dealing with drugs and medicines need specialization in that particular sector because it’s the matter of life of the millions. If you’re one who knows about the pharma business and wants to start your own company, then this article will help you to assist with the important document and certificates you need to start your own pharma firm.

Obtaining licenses and certificates from the government is the initial and the most important step to start a pharma company in India. A person without legal documents is not eligible to start their own Pharma Pcd Franchise Company or supply any drugs to the customer. The pharma companies are now growing rapidly in India, as a result, the government becomes strict about their rules and regulations. So here are the few things that you need to keep in mind when you plan to start your own. 

Important licenses and certificates you need for a pharma company:

  1. Company Registration (If required)
  2. Drug Manufacturing License (GMP, WHO, and ISO)
  3. Drug Distribution License (For Distributing finished goods)
  4. Testing Laboratory License
  5. Good and Service Tax (GST) or any Tax registration required in concern country
  6. NOC from other departments if required
  7. Trademark registration
  8. FSSAI Registration

All the above mentioned are some important documents that you required to start a company in your city. To know more you can visit the drug inspector office of your area and let the officer will help you to prepare the documents and give the copy of specimen of the documents so that you can prepare it by your own

Important steps to take the Drug Marketing License in India?

  • Work with the registered pharma PCD companies or take training from any institute. 
  • Set your business goals and do proper planning to achieve them.
  • Choose the location where you want to start your business you can also do market research and take help from experts to know more about the available palaces.
  • Choose the building, space, office and storage place where you can place your final products and operate work.
  • Research the market trends, demands and need and prepare a list of the particular drug or the combination you want to work on.
  • Ask your bank for the loan and financial help (Investment, Insurance, loan, etc.)
  • Register your company, choose a unique name which is easy to pronounce and remember by the people. You can check the list or already registered names and choose one which is not registered yet. 
  • Consult a registered and experienced PCD pharma franchise experts or you can also take help from the third party pharma companies to know more about procedures.
  • Obtain all the important documents and certificates including ISO, GMP, WHO, and Drug license to run your business with full rights.
  • Contact vendors and wholesale drug suppliers for the products.
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