How do I register my PCD pharma franchise company?

Starting a PCD (Propaganda Cum Distribution) pharma franchise company can be a lucrative business opportunity for individuals looking to enter the pharmaceutical industry. It allows for the distribution of products from an established pharma company under their brand name, providing a ready-made market and established customer base. However, the first step to begin this journey is to register your PCD pharma franchise company. In this blog, we will discuss the necessary steps to register a PCD pharma franchise company with Neorganic Healthcare.

What is PCD Pharma Franchise?

PCD Pharma Franchise is a business model where an individual or company gets the right to sell products under a pharma company’s brand name. The PCD pharma franchise company operates as a third-party distributor, promoting and selling the products of the parent company to doctors, hospitals, and pharmacies. In return, the parent company provides the necessary support, marketing materials, and products at a discounted rate.

Why Choose Neorganic Healthcare for your PCD Pharma Franchise?

Neorganic Healthcare is a renowned pharmaceutical company that offers a wide range of high-quality products in various segments such as antibiotics, analgesics, vitamins, and more. With over 25 years of experience, Neorganic Healthcare has established a strong presence in the market and has a loyal customer base. Here are some reasons why you should choose Neorganic Healthcare  for your PCD pharma franchise:

Quality Products – Neorganic Healthcare is known for its high-quality products that adhere to all the necessary standards and regulations.

Wide Product Range – The company offers a wide range of products in various segments, providing a diverse portfolio for franchisees to choose from.

Marketing Support – Neorganic Healthcare provides comprehensive marketing support to its franchisees, including promotional materials and strategies to promote their products effectively.

Training and Development – The company also offers training and development programs for franchisees and their staff, ensuring they have the necessary knowledge and skills to promote and sell the products successfully.

Attractive Margins – Neorganic Healthcare offers attractive profit margins to its franchisees, providing a lucrative business opportunity.

How to register your PCD Pharma Franchise Company with Neorganic Healthcare?

Choose a Location

The first step is to choose a suitable location for your PCD pharma franchise. It is essential to select a place with good market potential and accessibility to reach out to doctors and hospitals easily.

Obtain a Drug License

As per the Drugs and Cosmetics Act, 1940, it is mandatory to obtain a drug license to sell pharmaceutical products. You can apply for a drug license at the office of the State Drugs Controller.

GST Registration

It is essential to register for GST (Goods and Services Tax) as it applies to all businesses with an annual turnover of more than Rs. 40 lakhs. You can register online on the GST portal.

Obtain TIN Number

TIN (Taxpayer Identification Number) is a unique 11-digit number assigned to businesses for the identification and tracking of tax-related transactions. You can apply for a TIN at the office of the State Sales Tax Department.

Choose a Business Entity

You can either register your PCD pharma franchise company as a sole proprietorship, partnership, or private limited company. It is advisable to consult a legal advisor to choose the best business entity for your company.

Register with Neorganic Healthcare 

Once you have completed all the necessary registrations, you can apply for a PCD pharma franchise with Neorganic Healthcare. The company will conduct a thorough evaluation of your application and, if approved, will provide you with a franchise agreement.

Complete the Registration Process with Neorganic Healthcare 

To register your PCD pharma franchise company with Neorganic Healthcare, you will need to follow these steps:

• You can download the registration form from the Neorganic Healthcare website or obtain it from their office. Fill out all the necessary details, including your company name, address, and contact information.
• Along with the registration form, you will need to submit a copy of your company registration, drug license, and other relevant licenses and permits.
• A one-time registration fee is required to be paid to Neorganic Healthcare. This fee may vary depending on the company and the products you wish to distribute.
• Once you have submitted all the necessary documents and paid the registration fee, you will need to wait for approval from Neorganic Healthcare. This process may take a few weeks.

Start Your Business Operations

Congratulations! You are now a registered PCD pharma franchise company with Neorganic Healthcare. You can now start your business operations by promoting and distributing their products in your designated territory. It is important to maintain a good relationship with the company and follow all the terms and conditions outlined in the franchise agreement.

Conclusion

Registering your PCD pharma franchise company with Neorganic Healthcare is a straightforward process that requires you to complete the necessary legal and tax registrations and obtain a drug license. As a reputed pharmaceutical company, Neorganic Healthcare offers a wide range of products, marketing support, and training programs to help franchisees establish a successful business. With a strong brand presence and attractive profit margins, Neorganic Healthcare is an excellent choice for anyone looking to start a PCD pharma franchise company.