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Travel Company Registration

The sector of tourism and hospitality is one among the most significant economic sectors of India particularly in terms of its contribution to the national GDP, employment-generation, foreign exchange earnings, foreign direct investment (FDI), and its positive impacts on other related economic sectors (such as agriculture & horticulture, handicrafts, IT & ITES, construction, and poultry). This webpage offers sumptuous information about our legal and advisory services for smooth and profitable engagement in the travel and tourism industry of India, essentially including the service for a travel company registration anywhere in entire country.

Travel Company Registration

Well-based in Delhi, our prestigious and internationally famous law firm offers superb, swift, and reasonably-charged legal services to the corporate world of India and the intellectual property world. For doing a business or providing services in any interested economic field anywhere in India, entrepreneurs and investors may avail our full-range of legal and supportive services that range from company incorporation and business/service establishment to corporate governance and growth. For past many years, our well-resourced law firm has been hugely popular and famous for swift online company registration in entire India.

Hence, in addition to company formation and establishment for providing services in the travel and tourism sector of India, the logos and service marks of travel companies may also be expertly registered with efficient support of our internationally renowned trademark lawyers. In general, the brand names or service marks of a travel company are registered under the Class 39 of the Nice classification.

Travel, Tourism Industry in India and Scope of Work (SOW)

Roughly, the travel and tourism sector of India contributes around 10% to the national GDP (contributed around 9.5% to national GDP in 2017), about 8% to country's employment, and is at present, the third largest foreign exchange earner. Again, this significant economic sector of India is hopefully expected to grow steadily with an annual growth rate of around 7%, incorporating high growth in the segment of medical tourism, and reach the level of US$500 billion by 2028.

Tourism industry of India is at present growing exponentially, and according to Indian official estimates as well as the Travel and Tourism Competitiveness Report 2017, the Indian tourism industry has outperformed the global tourism industry and ranked 40th among 136 countries of the world. This fact is based on its annual growth, volume of foreign tourists, and the revenue generated. Again, the sector of tourism and hospitality of India is one among the top 10 economic sectors of the country which draw the highest FDI.

The magnitude of foreign tourists arrived in India recorded a growth of about 15.5% by increasing from around 9 million in 2016 to over 10 million in 2017. The arrival of foreign tourists is highly predicted to reach over 15 million by the year 2025, according to a report by the World Tourism Organization. The domestic tourism in India has also been growing steadily owing to growth in the personal incomes, corporate world, education sector, and overall industrial and economic growth of the country. The most significant locations in respect of domestic and international tourism in India include the following --- Tamil Nadu, Uttar Pradesh, Delhi, Maharashtra, Rajasthan, Karnataka, West Bengal, etc.

In future also, the travel and tourism industry in india is highly expected to grow regularly owing to the following measures and factors --- Governmental policies and fillips; constantly improving road and rail infrastructure; quite good and easily affordable air transport; easy availability of e-visas to foreign tourists; India's enticing natural, historical, and cultural opulence and diversity; rise in income levels of the middle classes; and the persistent educational, industrial & technological, corporate, and economic developments in India.

How to Register a Travel/Tourism Company in India?

Based on specific types of activities or services, such as tour & travel services, booking or brokering, franchising, public relations or marketing, etc., any entrepreneur or investor may register a suitable type of travel company in India. Broadly, a company related with tours and travels could be a one person company (OPC), a private limited company, a limited liability partnership (LLP) company, or a public limited company. The below paragraphs provide exclusive information about how to register a travel/tourism company in india, as per one's specific service activities.

Our impeccable advisory and legal services for a tour or travel company are receivable at reasonable charges for company formation, service establishment and maintenance, and for the desired growth and profitability. The following are the main and most important tasks and processes related with these all:

  • Obtaining DSCs and DINs/DPINs for the directors/designated partners [Form DIR-3]
  • Name approval and reservation [Form-1 (for LLP) or Form INC-1]
  • Preparation of appropriate MOA & AOA/LLP Agreement, Consent Letters, Affidavits, Powers of Attorneys, etc.
  • Filing application for company incorporation [through Form INC-7/INC-2 (for OPC), or Form-2 (in case of LLP)]
  • Filing other forms and documents with the concerned ROC
  • Making of PAN, TAN, GSTIN, Bank Account, etc., for the company
  • Receiving necessary licenses from the concerned Governmental authorities
  • Registering the service marks, or logos of the company
  • Drafting various contracts or agreements related with tour and travel services, franchising, booking or brokering, public relations & marketing, commercial dealings & transactions, etc., of the travel company
  • All statutory compliances by the travel company with ROC and other regulatory authorities
  • Strategies for service growth and expansion
  • Processing and compliances concerned with various legal Acts and Statutes, such as Labor and Employment Laws, Intellectual Property Laws, Commercial Law, ESI and PF Regulations, Environmental Law, SEBI's Rules & Regulations, etc.

How to Contact for Travel Company Registration in India ?

Interested Indian or foreign entrepreneurs or investors may readily avail our expert and reasonably-charged advisory and legal services for registering the selected types of travel companies in India, just through calling over:+91-88001-00284; or sending their earnest queries or requests at: contact@Company-Registration.in

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