Start Your Business in India
Anywhere in India - 100% Online
We assist in starting new businesses anywhere in India with a 100% online process and easy documentation. Our packages are reasonably priced and affordable. Talk to our start-up advisor today to get started.
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Pricing To Start Business
(Simple & Clear Pricing. No Hidden Charges)
OPC
Owned by a single person, a better option than a proprietorship firms.
₹ 6,499/-
₹ 13,000/-
SAVE 50%
- One Digital Signature
- DIN For One Directors
- Name Approval of Company
- MOA & AOA
- Certificate of Incorporation
- Company e-PAN & TAN
Pvt Ltd
The most common form of business among startups and tech companies in india.
₹ 7,999/-
₹ 18,000/-
SAVE 50%
- Two Digital Signature
- DIN For Two Directors
- Name Approval of Company
- MOA & AOA
- Certificate of Incorporation
- Company e-PAN & TAN
LLP
Ideal for professional service providers. features of LLP is a mixture of partnership & company.
₹ 6,999/-
₹ 14,000/-
SAVE 50%
- Two Digital Signature
- DIN For Two Partners
- Name Approval of LLP
- LLP Registration Certificate
- LLP e-PAN & TAN
- LLP Agreement & Form 2
Not Applicable in the State of Punjab, Madhya Pradesh & Kerala.
We are definitely
Your Business.
How To Start a Business?
In the recent past, India has witnessed a rapid growth in entrepreneurial ventures, with several unicorns originating in India and dominating the world. Our purpose here is to provide end-to-end legal assistance to such ventures, so that they can commence their business with utmost ease and effortlessness. For this, we have a robust team of legal and professional experts which analyses the requirements of your business right from its inception, and guides you through all its stages of operations.
Our process here begins with selecting the best suited form of business for your startup, based on a number of factors like its ownership, capital, goals and objectives. If need be, we also help you incorporate your startup with the appropriate authority in the manner prescribed under law. Our services extend to post-incorporation compliances as well, to ensure that your startup is well protected against consequences of non-compliance in its initial stages.
Hence to start your business, all you need to do is contact us, subscribe to our wholesome packages, provide us the details and documents that we ask for, and wait for the timely delivery of our services to you. If you’re still doubtful, do not hesitate in sharing your queries with our consultants, at extremely marginal fee.
For-Profit Business Types
It is for small businesses with a low budget, like small shops may open their store as a proprietorship concern. It’s a one-person show where all profits and loss goes to the proprietor alone. Proprietorship business cannot be registered as such. However, all other registration may apply.
An old form of business, traditionally it’s not widespread and relevant. You can start a partnership firm by just signing a partnership deed. Even its registration is not mandatory, however, is necessary as an unregistered firm can not recover beyond Rs. 100 from its debtors.
An LLP is an advancement over the traditional partnership firms, with some characteristic features of a company such as the limited liability. The process of incorporation of the LLP is complicated & at the same time, it lacks the potential to grow & is not preferred for funding.
Now you can form a company with just one person as a shareholder and director. You need another person to become your nominee. However, an OPC needs to convert as a private/public company in case its capital crosses 50 Lacs, and the turnover exceeds 2 Crores.
A Private Limited Company is the most preferred form of business for Startup India, It is easy to incorporate and manage. Angel investors and any other long-term investors insist on a Company making the investment. Further options for issuing ESOP are available in a company
Seven or more persons are needed as promoters of a public limited company, out of which at least three persons should be the first directors of the company. There is no maximum limit on the number of shareholders of a public limited company.
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Business Structure Comparison Chart
| Features | Private Limited | OPC | LLP | Partnership | Proprietorship |
|---|---|---|---|---|---|
|
Popularity |
***** |
**** |
**** |
** |
*** |
|
Applicable Law |
Companies Act, 2013 |
Companies Act, 2013 |
LLP Act, 2008 |
Partnership Act, 1932 |
No Law |
|
Number of Owners |
|
|
|
|
|
|
Number of Directors/ Designated Partners |
|
|
|
Not Required |
Not Required |
|
Need for Registration |
Mandatory |
Mandatory |
Mandatory |
Optional |
Not Required |
|
Authority for Registration |
Registrar of Companies |
Registrar of Companies |
Registrar of Companies |
Registrar of Firms |
Registration not required |
|
Tax Rates |
15% for manufacturing companies,
22% for all others |
15% for manufacturing companies, 22% for all others |
30% for all LLPs |
30% for all firms |
For a small business with low turnover, there is the benefit of individual tax slabs |
|
Statutory Compliance |
High Pvt Ltd Companies have several one-time, annual and monthly RoC and tax compliances |
High
OPCs have several one-time, annual and monthly RoC and tax compliances |
Low LLP do not have any one-time or monthly compliance. THey only have 3 annual compliances that is filing annual returns in form 11, annual financial statements in Form 8, and ITR |
Low
Only ITR is to be filed on the due date. |
Least
ITR is required to be filed if the taxable income is more than 2.5 Lac |
|
Foreign Investment (FDI) |
Available in the automatic route |
Not Allowed |
Not Allowed |
Available in the automatic route |
Available in the automatic route |
|
Separate Legal and Financial Identity of the business |
Yes |
Yes |
Yes |
No |
No |
|
Liability of the Owners |
Limited to the unpaid
subscribed capital of the shareholders |
Limited to the unpaid subscribed capital of the shareholders |
Limited to the unpaid subscribed capital of the partners |
Liability of each partner is unlimited, and even their personal assets are at the risk for loss |
Liability of the proprietor is unlimited and even his personal assets are at a risk of loss |
|
Transfer of Ownership |
Possible by selling the shares of the departed shareholder |
Possible by inheritance of the nominee of the departed shareholder |
Possible, if all partners give their consents for the transfer |
Not Possible, as the admission or removal of a partner amounts to the new firm. |
Not possible, as a proprietorship dies with the death or departure of its proprietor |
Registration no more a tedious task with setindibiz.All process are simplified.Just sign some documents and get you establishment registered.
A good platform for small businesses. They have professional team which helps since inception to all the tax compliance.
Absolutely great service, professional is all aspects, good guidance and follow up, helped me get my startup recognition in no time. Totally recommend their services.
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Shubendu was good, in explaining what would work well for us in terms of company registration and overall process was smooth.Giving 4 star as i had to followup on a couple of occasions , otherwise all good.
I'm very happy to apply my Company Registration with Setindiabiz.Below are the reasons:Very ProfessionalEverything was done as per committedYou get every help when you need.All the coordinator was very proactiveAll my appreciation and a big thank you to the team from Setindiabiz.
I have interacted with Mr. Sushant on our day-to-day work with SETINDIABIZ and he is amazing gentleman. Quick response and soft spoken are his great strengths. I enjoy interacting with him.
I am happy with flawless work. ease of accomplishing . In time delivery. I am still IN for their services.
Timely Service and reminders provided along with proactive assistance in all matters of financial accounting.
Extremely responsive great team. I had a wonderful experience. The team kept me updated of every action and executed the task expeditiously. I wish Ms Misba from SetIndiaBiz and her team all the very best in every future endeavours of theirs.
Great services for filing for income tax, GST registration and company registration. Have been using their services for the last 5 years. No need to visit any of their offices as everything happens on the phone and online.
