The Food business operators like petty food manufacturers and also the small-sized manufacturers, storage units, transporters, retailers, marketers, distributors etc are thus required to obtain the FSSAI License online Registration.

The FSSAI Registration is however issued by the State Government. Depending upon the eligibility, an FBO can thus fall under the State or Registration license. It is thus mostly for the units having an annual turnover which is up to 12 lakh.

Food business operators like small to medium sized manufacturers, storage units, transporters, retailers, marketers, distributors etc. are however required to obtain the Fssai State License. The State License is issued by the State Government and it is important that you have operations in only 1 state, in order to obtain the State license. It is thus mostly for the units having an annual turnover of more than 12 lakh.

Food business operators such as the Importers, 100% Export Oriented Units, large manufacturers, operators in the Central Government agencies, airports, seaports etc. are however required to obtain a Central Food License. The Central license is issued by the Central Government. Furthermore, FBOs have to obtain the Central License for their head office, and if they have operations in more than 1 state. It is thus mostly for the units who are having an annual turnover which is greater than 20 crores.

Private Limited Company is a legal entity and a juristic person established under the Companies Act. Hence, a company has a range of legal capacities including opening of a bank account, hiring of employees, taking on equity or obtaining licenses and more as an independent corporate entity. The members (Shareholders/Directors) of a company have no personal liability to the creditors of a company for company’s debts.

Private Limited Companies can raise equity funds in India. Companies can also issue equity shares, preference shares, debentures and accept deposits with RBI permission. Banks and Financial Institutions prefer to provide funding to a company rather than partnership firms or proprietary concerns.

Businesses often need to borrow money. In structures such as General Partnership, partners are personally liable for all the debt raised. So if it cannot be repaid by the business, the partners would have to sell their personal possessions to do so. In a private limited company, only the amount invested in starting the business would be lost; the directors’ personal property would be safe.

Private Limited Company has ‘perpetual succession’, meaning uninterrupted existence until it is legally dissolved. A company being a separate legal person, is unaffected by the death or other departure of any member and continues to be in existence irrespective of the changes in ownership.

Private Limited Company being an artificial person, can acquire, own, enjoy and alienate, property in its name. The property owned by a company could be machinery, building, intangible assets, land, residential property, factory, etc., No shareholder can make a claim upon the property of the company – as long as the company is a going concern.