Introduction of GeM Registration
GeM portal (Government e-Marketplace) is an online portal launched by the government through which government issues tenders for various day-to-day needs of different government organizations, public sector undertakings, and departments. The main motive to introduce the GeM portal is to enhance transparency, efficiency speed in public procurement as well as employment. By registering through this portal, the seller as well as the buyer can buy or sell their products to the government.
What is GeM Registration?
The government e-marketplace, commonly known as GeM, is a platform hosted by DGS&D for the procurement of goods and services by the Government department. Public procurement has always been an essential part of government activities. The government’s intention behind introducing GeM was to enhance transparency, efficiency, and speed in public procurement. GeM provides the tools of e-bidding, reverse e-auction, and demand aggregation to facilitate government users achieve the best value for their money.
The list of entities that can register their business on the GeM portal is Sole Proprietorship, Partnership Firm, Limited Liability Partnership, Private Limited Company, Public Limited Company, Foreign Subsidiary Company, etc.
GeM PORTAL: It is an e-commerce portal to facilitate and enable easy online procurement of consumer goods and services required by several government departments, associations, and public sector undertakings in India. The sole purpose of this online portal is to enhance transparency, efficiency, and speed in public procurement along with inclusion. To avail of all the benefits of the GeM, one needs to register as a buyer or seller on the online GeM portal.
Important Points:
- To act as a Reseller, an Authorisation letter (From OEM) is required for a particular category of products
- OEMs are classified into 5 Types:
- Manufacturers
- Brand Owners & Third-Party Manufacturing
- Importer & Authorised Sellers
- Service Provider
- Assemblers
Why we should opt for GeM Registration?
GEM registration helps to authorize the manufacturer, small dealers, and service providers to enter the wide and interactive online platform, where they can directly sell their products & services to various buyers from government departments, organizations, and PSUs. It enables authorized governments to buy goods and services directly from private traders and manufacturers instantly and hassle-free.
Documents required for GeM Registration:
Documents required for Proprietorship Registration:
- PAN Card
- Aadhar Card
- GST Certificate
- Email Id
- Mobile Number
- Bank Account Details
- ITR Form last three years (if the company is more than 2 yr old)
- UDYAM Certificate(if have)
Documents required for the registration of the Partnership firm:
- Company PAN
- Director PAN Card (key person)
- Aadhar Card (key person)
- GST Certificate
- Email id
- Mobile Number
- Bank Account Details
- ITR Form last three years (if the company is more than 2 yr old)
- UDYAM Certificate (if have one)
Documents required for the registration of the Company:
- Company PAN
- Director PAN Card (key person)
- Aadhar Card (key person)
- GST Certificate
- Email ID
- Mobile Number
- Bank Account Detail
- CIN Number
- ITR Form last three years (if the company is more than 2 yr old)
- UDYAM Certificate (if have one)
Documents required for registration of Trust/Society:
- Company PAN
- Director PAN Card (key person)
- Aadhar Card (key person)
- GST Certificate
- Email id
- Mobile Number
- Bank Account Details
- ITR Form last three years (if a company is more than 2 yr old)
- UDYAM Certificate(if have)
Read: A Step-by-Step Process For GeM Portal Registration
Why choose Legaltax for GeM Registration (Government e-Marketplace)
- Our Professional Team works with all the ethics and professionally with good teamwork.
- We communicate with the Departments.
- We provide you proper assistance for around 1 year.
- We provide you accurate information.
- Due to our most efficient professional team, we help you to save time by providing all the services at the proper time.
- We constantly follow up with you people or with your team.
- Upload products and get approvals.
- We always guide you to maintain your ratings.
For GeM registration, you can get expert advice and consult from Legaltax – Get a free legal advice helpline 24 hours in India Call: +91 9711939395 or drop a Mail: at info@legaltax.in.