How to Start Pharmaceutical Marketing Company in India – It is a dream to start your own company or business. But most of the people do not start the company even we can say their dream not completed. There are various reasons behind that but the most important issue we will discuss in this article is that How to Start Pharmaceutical Marketing Company in India. We will give you complete solutions to all the queries and questions regarding having your own venture in any location of India. The first thing that comes when we think about the business is money, investment, capital, funds for the pharmaceutical business. If we talk about the manufacturing of medicines then the cost will be so high or you can say in crores in amount.

How to Start Pharmaceutical Marketing Company in India

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5 Simple Steps To Start a Pharma Marketing Company in India

So starting a pharmaceutical company with less money could be possible. PCD franchise Business model is the best option for those who don’t have much money but have a big dream of having their own pharma Business and want to grow in their life. The second thing that is required for your own business is trust in your capabilities. Starting a pharmaceutical marketing company can be the best choice for a pharma professional who has relevant experience in this industry.

Registration of the Pharmaceutical Company:-

It is the first and essential step to register your company as per the standards, norms, rules, guidelines. The applicant must have a Drug license if he/she wants to start third-party manufacturing. Registered companies are more liable as compared to others. There are some following steps of register a Company:

Apply for Digital Signature Certificate
The company needs to apply for a DIN number, if there is a partnership firm then both partners need to apply for Director Identification Number.
Apply for PAN number
Apply for GST number
You need two passport size photos
You need address proof.
Apply for MOA(Memorandum Of Association) or/and AOA (Article Of Association).

Hold access to the Drug license number:-

The pharma professional needs to obtain proper details about the progression so they need to have a drug license number. The pharma professional can get the drug license through the local inspector as well as the drug selling authority. There are various fundamental guidelines like one of the Franchise partners needs to be a registered pharmacologist or a qualified person with a registration underneath local authorities. With help of a Drug license, the person can apply for third-party manufactures. The pharma company needs a qualified pharmacist if any partners are not qualified then they need to appoint a registered pharmacist.

Get the GST number registration which is free of cost:-

If the person wants to start their own Pharmaceutical Business then they need to register the GST number. The person can have the GST number within 3 months but the condition is that the turnover is further than 2.5 Million. The turnover is not the only factor though. There are some following steps to register a GST number:

You have to visit www.gst.gov.in
There will be two options that you are a new user and an existing user.
You should click on new user and give all details
You should enter your registered mobile number and the email address of the authorized business person.
You will get an OTP on your mobile number
After that, you should enter the required details and scanned documents as mentioned in the Provisional registration form

The Trade Mark which is must be registered:-

The next step is to start a pharma company is to have the Trade Mark which is must be registered. The Trade Mark is the identification of the company. It is very important to have a Trademark registration to run a pharmaceutical company.

Qualification and Eligibility for The PCD Franchise Business:-

The person must be a registered pharmacist under the state pharmacy council. If the person is from a Pharma background then the person must have a minimum of one and a half years of experience at a registered wholesale drug licensed firm. The person must be graduate or completed the 12th standard. If the person is experienced then at Drug Office and he gets his salary by cheque or account transfer because at the time of apply license bank statement is required.

Conclusion

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