Reasons and the Government Procedure for Opening a Gym Business in Jaipur
Jaipur, the cradle of royalty and art crafts, capital of the seventh fastest-growing state in India, has multiple reasons to be one of the leading cities in India. People here are proud of their ancestry, culture, diversities, colorful lifestyle, and pink-colored homes.
Given its vibrant and strong economy, the city is growing as a favorite destination for gym business owners, fitness center chains nationally and internationally.
Reasons for opening a gym business in Jaipur:
High Economic growth
Per capita GDP is one of the most reliable indicators of a state’s economy, and Rajasthan has a strong per capita GDP of Rs.118,000.
High disposable income results from increased foreign direct and indirect investment, economic zones, large areas under the Golden Quadrilateral project, and several other economic factors.
These people with high income and awareness about health issues want high-end gyms and fitness centers. Gym businesses can be set up to tap this huge burgeoning customer base.
Alter-effects of modernization
With modernization comes to alter effects too. Jaipur being the capital city, is getting the most attention. Lifestyle problems such as diabetes, hypertension, sleep disorder, heart problem, etc., are growing rapidly.
Facts of rising lifestyle-related diseases
Arvind Gupta, a renowned endocrinologist in Jaipur, said in an interview with The Hindu, “Around 5.7 percent of the people in Rajasthan are suffering from diabetes mellitus, and most of them are in Jaipur and nearby areas.”
Urban areas in Jaipur are suffering from obesity problems. Around 2.5 percent people in total and 3.2 percent of women have obesity as a problem. In Jaipur, around 44.7 percent of people are expecting to suffer from hypertension by the year 2025.
All of these problems are lifestyle-related problems, and the best solution is to keep yourself healthy. Strong immunity and a fit physique are equipped to handle these problems.
Scope of business
With rapid modernization and changes related to lifestyle, the need for gym and fitness centers are more than ever. It is the best time to tap this market and launch your gym business with a leading gym manufacturer in Jaipur. One of the leading equipment suppliers in Jaipur is Meerut gym & gymnastic works.
Contact us for the best indoor and outdoor gym set up in Jaipur and explore unlimited opportunities in the gym business here.
Government requirements to start a gym business in Jaipur
Clearance from the police department
- Starting a gym business requires proper verification and clearance from the local police authority. The Procedure for obtaining clearance is given below:
- You, as an owner, need to visit the local police station and meet the concerned personnel.
- He/she will brief you on the process for clearance. Please ask for an application form or sometimes writing on an A4 sheet to do the work.
- Ask for all the required documents to be submitted along with the application.
- Attach and submit with the concerned official. Do it personally to avoid any delays or errors.
- The police department will verify the documents, inspect the location mentioned for the gym or fitness center. Upon satisfaction, they will sanction clearance for the gym business and setup.
- For online application, visit the Rajasthan Police official page and select the appropriate option for clearance application.
Application for the license
After selecting an area for the gym business, obtaining a license from a local municipal corporation is essential.
Like police clearance, you can also apply for a license from an online medium. Contact details are on Rajasthan Government’s official page, along with the respective department and district.
- The traditional method is to go to the municipal corporation office and meet with the concerned official.
- The concerned person will guide you through the Procedure to obtain a license for the gym business.
- Obtain the concerned application form or on an A4 paper. Submit the application form or paper with all the required supporting documents.
- The next step is to pay processing fees and take the receipt of the application submission.
- After receiving the application, authorities of the corporation inspect and verify the fitness center location. They cross-verify documents and details.
- Once satisfied with all proceedings, you will receive a notification from the authority on your contact details. You need to be attentive about notification to obtain the license for operation.
Municipal corporation changes terms & conditions from time to time. So, you should consult the authority at regular intervals to know about any regulatory changes.
Mandatory things for operating a gym business in Jaipur
- The gym or fitness center must have a toilet and a clean drinking water facility.
- SSI, Labor, and Service tax are must before opening the gym business and business registration as per Government rules.
Documents for obtaining the new license
- Application form
- Clearance from the local police authority
- Registration certificate of the business
- GST number
- Official letterhead
- Registration certificate from the labor department
- Details of equipment and tools to be used in the fitness center or gym
- ID-proof-Aadhar card
- Address proof-Rental agreement or property documents
- Any other documents as required from time to time according to local and national rules & regulations.
- Passport size photographs
Registration of the business
As per Indian government rules & regulations, Gym and Fitness centers can be registered either as Limited Liability Partnership or a Pvt. Ltd. Company. Consult a CA firm or Legal firm, and they will guide you through all the technical and legal details.
Ask for all the documents and formalities required. Before starting, understand every little detail of the gym business and operate smoothly by adhering to the government rules and regulations.
Small scale industries registration
Registering for small-scale industry certification is beneficial for various reasons. You should go for it before initiating gym business. It will help you to grow better.
Benefits of SSI certification
- Government funds through banks are easily available based on SSI certificates.
- There are several tax rebates available if a business has SSI registration.
- Your business will get carry forward of credit for Minimum Alternate Tax up to fifteen years.
- If you want to apply for a government tender as a gym or fitness center owner, your unit with an SSI certificate will get preference.
- With rebates, exemption on taxes overall set up cost reduces. Money saved from these rebates and exemptions can be utilized for acquiring quality equipment from a gym equipment manufacturer in Jaipur.
Service tax registration
Another major government formality to operate a gym business in Jaipur is service tax registration. Every business or person who has taxable service of value is more than nine lakh rupees in the previous financial year is subject to service tax registration and payment.
Central Excise and Service Tax Department is the authority for service tax registration.
These are all reasons and government formalities for opening a gym business in Jaipur. Authorities have made several liberal policies for encouraging gym business and manufacturing. One of the leading suppliers of gym machines and equipment, Meerut gym & gymnastic works has established itself as the best equipment maker in Rajasthan and serving leading gyms and fitness centers across the Jaipur area.