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Quickly Start Business in India

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At Setindiabiz, we make setting up business in India easy and affordable. Our startup advisors are trained to assist you in making the correct decisions while selecting a specific form of business in which you want to Startup your enterprise. We offer end to end service for company or LLP Registration anywhere in India.

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We offer high-quality & effective compliance services for Indian startups and MSMEs at a competitive fee.

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Easily Startup In India
Select Suitable Business Format

Limited Liability Partnership

Package Inclusions

₹ 6,921/-*

  • Two Digital Signature
    ? The application for Incorporation of the Company is a 100% online process, and the Spice Form need to be signed with the DSC of the Promoters. Making DSC is the first step.
  • DIN For Two Partners
    ? Every director is allotted a Unique Identification Number by the MCA, known as Director Identification Number (DIN). In addition, our package includes the issuance of two DINs during the incorporation process.
  • Name Approval of LLP
    ? The new company’s name needs to be unique and should not be the same or similar to an already existing company or trademark. For the name approval by the ROC, a separate application in the name of the RUN Application is filed.
  • Professional Certification
    ? The MOA is one of the basic incorporation documents that set out the object for which a company has been incorporated, the authorised capital, and the amount of paid-up capital the promoters have subscribed to.
  • Incorporation Filing
    ? The Articles of Association (AOA) of a company is the internal constitution for the company that sets the rules and regulations for the management and administration of the company.
  • Certificate of Incorporation
    ? The Spice Plus Form, e-MOA, and e-AOA are signed by the promoters and must be further certified by a practicing professional such as a High Court Advocate, Chartered Accountant, Company Secretary.
  • LLP PAN Card & TAN
    ? Spice Plus form is prescribed for filing an application to the ROC for Incorporation of a Company in India. In the Spice+ Form, the promoters ID and Address proof along with MOA and AOA are filed for the approval of the ROC.
  • LLP Agreement Drfating
    ? Issuance of the Certificate of Incorporation is the conclusive proof of Registration of Company with the ROC. The Spic Plus application with professional Certification is filed with MCA for company incorporation.
  • Form 3 Filing.
    ? The Pan Number and TAN for a company are generated at its incorporation and are printed on its Certificate of Incorporation. The Income Tax Department issues e-Pan and e-Tan these days, and no physical; card or letter is sent.

One Person Company

Package Inclusions

₹ 5,742/-*

  • One Digital Signature
    ? The application for Incorporation of the Company is a 100% online process, and the Spice Form need to be signed with the DSC of the Promoters. Making DSC is the first step.
  • DIN For One Directors
    ? Every director is allotted a Unique Identification Number by the MCA, known as Director Identification Number (DIN). In addition, our package includes the issuance of two DINs during the incorporation process.
  • Name Approval of Company
    ? The new company’s name needs to be unique and should not be the same or similar to an already existing company or trademark. For the name approval by the ROC, a separate application in the name of the RUN Application is filed.
  • Memorandum of Association
    ? The MOA is one of the basic incorporation documents that set out the object for which a company has been incorporated, the authorised capital, and the amount of paid-up capital the promoters have subscribed to.
  • Articles of Association
    ? The Articles of Association (AOA) of a company is the internal constitution for the company that sets the rules and regulations for the management and administration of the company.
  • Professional Certification
    ? The Spice Plus Form, e-MOA, and e-AOA are signed by the promoters and must be further certified by a practicing professional such as a High Court Advocate, Chartered Accountant, Company Secretary.
  • Filing of Spice Plus Form
    ? Spice Plus form is prescribed for filing an application to the ROC for Incorporation of a Company in India. In the Spice+ Form, the promoters ID and Address proof along with MOA and AOA are filed for the approval of the ROC.
  • Certificate of Incorporation
    ? Issuance of the Certificate of Incorporation is the conclusive proof of Registration of Company with the ROC. The Spic Plus application with professional Certification is filed with MCA for company incorporation.
  • Company e-PAN & TAN
    ? The Pan Number and TAN for a company are generated at its incorporation and are printed on its Certificate of Incorporation. The Income Tax Department issues e-Pan and e-Tan these days, and no physical; card or letter is sent.

Private Limited Company

Package Inclusions

₹ 6,862/-*

  • Two Digital Signature
    ? The application for Incorporation of the Company is a 100% online process, and the Spice Form need to be signed with the DSC of the Promoters. Making DSC is the first step.
  • DIN For Two Directors
    ? Every director is allotted a Unique Identification Number by the MCA, known as Director Identification Number (DIN). In addition, our package includes the issuance of two DINs during the incorporation process.
  • Name Approval of Company
    ? The new company’s name needs to be unique and should not be the same or similar to an already existing company or trademark. For the name approval by the ROC, a separate application in the name of the RUN Application is filed.
  • Memorandum of Association
    ? The MOA is one of the basic incorporation documents that set out the object for which a company has been incorporated, the authorised capital, and the amount of paid-up capital the promoters have subscribed to.
  • Articles of Association
    ? The Articles of Association (AOA) of a company is the internal constitution for the company that sets the rules and regulations for the management and administration of the company.
  • Professional Certification
    ? The Spice Plus Form, e-MOA, and e-AOA are signed by the promoters and must be further certified by a practicing professional such as a High Court Advocate, Chartered Accountant, Company Secretary.
  • Filing of Spice Plus Form
    ? Spice Plus form is prescribed for filing an application to the ROC for Incorporation of a Company in India. In the Spice+ Form, the promoters ID and Address proof along with MOA and AOA are filed for the approval of the ROC.
  • Certificate of Incorporation
    ? Issuance of the Certificate of Incorporation is the conclusive proof of Registration of Company with the ROC. The Spic Plus application with professional Certification is filed with MCA for company incorporation.
  • Company e-PAN & TAN
    ? The Pan Number and TAN for a company are generated at its incorporation and are printed on its Certificate of Incorporation. The Income Tax Department issues e-Pan and e-Tan these days, and no physical; card or letter is sent.
All-inclusive Fee for Company Registration in Delhi. Please obtain an official quotation for your state and capital
How To Start a Business?
As you read about startups, we congratulate you for taking the first step in becoming an entrepreneur; India is the land of startups, with several unicorns originating from India and dominating the world. Let’s understand what is required to set up a business from the Idea stage to the stage of earning revenue. The process begins with selecting the best business format; the popular choices are Private Limited Company and Limited Liability Partnership (LLP). A one-person company (OPC) is also an excellent choice for a single owner.
We are an experienced team of startup specialists helping thousands of new businesses set up and grow in India. The first step to starting your business is to contact us. You may call us at +91-98996000605 or use the chat option or fill Call Back Request form at our website. We will explain the pros and cons of a specific business type and help you select the most suitable business type for your startup. We will also explain the stepwise process and list of documents required for starting the company and the cost thereof.
For Profit Business Types
Proprietorship
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.
Partnership
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.
Limited Liability Partnership
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.
One Person Company
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.
Private Limited
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
Public Limited
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.

Wondering How to Start a Business.

Our startup advisors are available to answer all your queries on the requirements, step-wise process, cost and the documents required to set up a business.

Business Structure Comparison Chart
S.No Features Proprietorship Partnership LLP Company
1.
Governing Law
No Specific Law
Partnership Act, 1932
LLP Act 2008
Companies Act 2013
2.
Definition
An unregistered business entity controlled and Managed by a single individual
Two persons come together for a common business objective and share the profit and loss in an agreed ratio. Registration of partnership firms is optional
An LLP is a hybrid entity that combines the simplicity of a partnership with the benefits of the limited liability of a corporation.
An incorporated entity under the Companies Act, 2013. The company form of business provides the benefit of limited liability for its shareholders.
3.
Ownership
Sole ownership with one person
  • Minimum - 2 Person
  • Maximum - 20 Person
  • Minimum - 2 Person
  • Maximum - Unlimited
  • Minimum - 2 Person
  • Maximum - 200 Person

(In case of OPC only single person)

4.
Profit Sharing
100% to the Proprietor
Shared in agreed profit sharing ratio as per the partnership agreement
Shared in agreed ratio as per LLP Agreement.
Shareholder are entitled to dividend out of the profits of the company
5.
Management
With sole proprietor
All partners (mutual agency)
Management of LLP is with Designated Partners and they take decisions in their meetings.
Directors of the company are responsible for day to day management of the company.
  • Minimum Director - 2
  • Maximum Director - 15
6.
Registration Time
1 Day
1 Day
7-15 Days
2-7 Days
7.
Promoter Liability
Unlimited
Unlimited
Limited
Limited
8.
Documentation
  • MSME
  • GST Registration
Partnership Deed
  • Certificate of Incorporation
  • LLP Agreement
  • MOA
  • AOA
  • Certificate of Incorporation
9.
Transferability
Non Transferable
Transferable if registered under the partnership act
Transferable
Transferable
10.
Regular Compliance
  • GST
  • TDS
  • PF & ESIC if Employee
  • GST
  • TDS
  • PF & ESIC if Employee
  • PT
  • GST
  • TDS
  • PF & ESIC if Employee
  • PT
  • GST
  • TDS
  • PF & ESIC if Employee
  • PT
11.
Compliance
File ITR if the turnover is more than ₹2.5 Lakh
ITR - 5
  • Form 11
  • Form 8
  • ITR-5
  • Statutory Audit
  • ITR-6
  • ROC Annual Return

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