STARTING A BUSINESS IN INDIA

Starting a new business or entrepreneurial venture in India involves navigating a complex web of legal, tax, and regulatory compliances. For new entrepreneurs and startups, the initial setup can often be overwhelming, given the number of registrations, licenses, and documentation required even before operations begin. Choosing the right business structure is one of the most crucial first steps. The choice depends on factors such as ownership preferences, funding requirements, risk exposure, scalability, and legal liability. Our firm provides comprehensive advisory and registration services to help you start your business in India with ease, ensuring legal compliance and strategic alignment from Day 1.

Types of Business Structures in India

Businesses in India can be incorporated under one of the following structures, depending on the promoters’ vision, business model, funding requirements, and scalability plans:

Sole Proprietorship

Owned and operated by a single individual; ideal for small businesses and freelancers.

Partnership Firm

Registered under the Indian Partnership Act, 1932; governed by a partnership deed among partners.

Private Limited Company

Registered under the Companies Act, 2013; suitable for startups and businesses planning to raise capital.

Public Limited Company

Requires minimum seven members and three directors; ideal for large-scale businesses or those planning an IPO.

Limited Liability Partnership (LLP)

Hybrid structure offering benefits of both partnership and company; limited liability and separate legal identity.

One Person Company (OPC)

Introduced under Companies Act, 2013 for solo entrepreneurs who want corporate structure with limited liability.

Choosing the right structure impacts compliance, taxation, funding, liability, and ease of doing business.

Areas of Practice – Starting a New Business in India

Our firm offers end-to-end solutions to help you set up your business in India seamlessly, while remaining compliant with relevant laws.

  • Private Limited Company, LLP, OPC, Section 8 Company
  • Drafting and filing MOA (Memorandum of Association) and AOA (Articles of Association)
  • Drafting LLP Agreements, Partnership Deeds, and Founders’ Agreements
  • Support in name reservation, INC forms, and certificate of incorporation
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  • Advisory on choosing the appropriate legal structure based on ownership, liability, taxation, and growth plans
  • Designing profit-sharing structure and voting rights among founders/partners
  • Drafting and vetting of:
    • Partnership Agreements
    • Shareholders’ Agreements
    • Non-Disclosure Agreements (NDAs)
    • Service Level Agreements (SLAs)

We help obtain various statutory registrations required for legal functioning and credibility:

  • DIN (Director Identification Number) and DSC (Digital Signature Certificate)
  • PAN & TAN Application with Income Tax Department
  • GST Registration under CGST/SGST/IGST laws
  • Shops and Establishment Registration (mandatory for commercial establishments)
  • Udyam Registration (MSME) for availing government benefits and subsidies
  • Startup India Registration – DPIIT recognition and tax exemptions
  • Professional Tax Registration for employer/employee deductions
  • Provident Fund (PF) Registration under EPFO
  • Employees’ State Insurance (ESI) Registration
  • FSSAI Registration for businesses dealing in food and beverages
  • Trademark Registration for brand protection
  • Import Export Code (IEC) for exporters and importers – issued by DGFT
  • STPI Registration – applicable to IT/ITES businesses for availing tax benefits and export incentives
  • Assistance in preparing project reports, financial models, and CMA data for banks
  • Support in applying for:
    • Business loans
    • Cash credit/Overdraft facilities
    • Startup and MSME funding schemes
    • Subsidy claims

Why Start Your Business with Us?

  • End-to-end assistance from incorporation to operational readiness
  • Customized advisory based on business vision and industry
  • Seamless handling of documentation, registration, and compliance
  • Regular updates and reminders on statutory filings and deadlines
  • Access to experts in taxation, company law, labor laws, and funding