Start Your Business in India
Online & with Expert Guidance πTransform your entrepreneurial vision into reality with Setindiabiz! We streamline company registration, ensure 100% statutory compliance, and provide comprehensive end-to-end support throughout your business journey. Join 10,000+ successful businesses we've empowered across India with our expert guidance and dedicated assistance!
Why Choose Setindiabiz for Startup? β¨
India's thriving economy offers unprecedented opportunities for entrepreneurs. Under the Companies Act, 2013 and Limited Liability Partnership Act, 2008, you can establish robust business structures like Private Companies, LLPs, or OPCs with complete legal protection and growth potential.
Recent 2025 amendments have modernised corporate compliance through digitisation, with the MCA migrating forms to the advanced V3 portal. At Setindiabiz, our certified experts navigate these regulatory frameworks seamlessly, ensuring swift registration and 100% compliance. Let's build your success story together! πΌ
Pradeep Vallat
Founder "Niflr & Clyra"
"Setindiabizβs knowledgeable, disciplined, and organized team made our company registration, tax, and IPR filings smooth, hassle-free, and worry-free. π"
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Happy Clients99.9%
Success RateSetindiabiz is Trusted By Leading Brands
Calculate the Cost of Starting a Business
Transparent Pricing for Your Business Registration!
π Special Offer Alert!
Enjoy βΉ0 MCA fees for companies with authorised capital up to βΉ15 lakh! The primary cost is Stamp Duty, which varies by State (ranging from βΉ1,000 to βΉ25,000) and authorised capital. Professional fees depend on your chosen business structure. To get an exact, all-inclusive quote with state-specific stamp duty and avoid surprises, use our FREE instant cost calculator now!
Ideal for startups and businesses with resident Indian directors.
Click to Know All-Inclusive Cost
Most Popular Business Types in India
Select the optimal structure for your entrepreneurial vision! Each entity type provides distinct advantages tailored to specific requirements. From individual ventures to scalable enterprises, we guide you through every option, ensuring informed decisions aligned with your growth strategy. Setindiabiz specialists analyse your needs to recommend the perfect structure for sustainable success!
Private Limited Company
This is the most preferred structure for startups and growing businesses. Attracts investors easily, enables equity funding, and offers credibilityβa separate legal entity with limited liability and perpetual succession benefits.
Limited Liability Partnership
Modern hybrid structure combining partnership flexibility with corporate-style limited liability protection. Lower compliance than companies. Preferred by professionals like CAs, lawyers, and consulting firms.
One Person Company (OPC)
Revolutionary single-member company structure with limited liability benefits and separate legal entity status. Enables solo entrepreneurs to enjoy corporate advantages while maintaining complete ownership control.
Section 8 Company
Non-profit company structure for charitable, educational, social, and religious objectives. Enjoys tax exemptions and government grants. Profits reinvested for social causes, not distributed to members.
Sole Proprietorship
Single-owner business with complete control over operations and decision-making. Simplest structure with minimal compliance but unlimited personal liability. Ideal for small-scale individual ventures and consultants.
Partnership Firm
Two or more partners jointly manage a business, sharing profits, losses, and unlimited liability. Governed by the Partnership Act 1932. Perfect for professional services requiring combined expertise and shared resources.
Private Limited Company vs LLP: Which Suits You?
Selecting between a Private Limited Company and a Limited Liability Partnership (LLP) significantly impacts funding capabilities, compliance requirements, taxation structure, and operational flexibility. This comprehensive comparison helps you understand the fundamental differences to determine your ideal business framework. Let me break down each aspect to help you make an informed decision that aligns with your business goals and growth strategy.
| No | Feature | Private Limited Company | Limited Liability Partnership |
|---|---|---|---|
| 1 | Governing Act | Governed by the Companies Act, 2013, which mandates stricter compliance requirements and detailed regulations | Governed by the Limited Liability Partnership Act, 2008, offering greater operational flexibility and simplified procedures |
| 2 | Legal Status | β Separate legal entity, utterly distinct from its shareholders, with independent existence | β Separate legal entity, entirely distinct from its partners, with independent legal recognition |
| 3 | Ownership Structure | Owned by 2 to 200 shareholders - ideal for distributing equity and structured ownership | Owned by a minimum of 2 partners with no upper limit - perfect for professional collaborations |
| 4 | Fundraising Capability | β Most preferred structure for raising capital from Angel Investors, VCs, banks, and the public | Limited to partner contributions and loans from financial institutions - equity funding restricted |
| 5 | Transfer of Ownership | β Effortless - ownership transferred by just transferring shares to another person | β Complex process requiring unanimous consent of all existing partners for any transfer |
| 6 | Compliance Burden | Higher - Mandatory board meetings, Annual General Meetings (AGM), annual filings (AOC-4, MGT-7) | Lower - No mandatory meetings required; audit only if turnover exceeds βΉ40 Lakhs annually |
| 7 | Meeting Requirements | Minimum four board meetings yearly, 1 AGM mandatory within 6 months of the financial year end | No statutory meeting requirements - partners decide meeting frequency based on business needs |
| 8 | Taxation Structure | π° Lower effective rate: 22%-25% (plus cess) under the new tax regime - more tax efficient | 30% flat rate (plus surcharge and cess) on profits - higher tax burden for profitable ventures |
This comparison reveals that while Private Limited Companies excel in fundraising and growth potential with lower taxation, LLPs offer operational simplicity and flexibility with reduced compliance. Your choice should align with your long-term business vision, funding requirements, and appetite for regulatory compliance. Setindiabiz helps you navigate this crucial decision with expert guidance tailored to your specific business needs!
Eligibility Criteria for Company Registration in India
Ensure you meet these fundamental criteria under the Companies Act, 2013,
before starting the company registration process to ensure smooth and successful incorporation.
Resident Director
As mandated by Section 149(3) of the Companies Act 2013, at least one director must be an Indian resident who has stayed in India for a minimum period of 182 days during the previous financial year.
Minimum Members
Private Limited Companies require a minimum of 2 and a maximum of 200 shareholders. One Person Companies need only one member. LLPs must have at least two designated partners to ensure shared responsibility.
Unique Business Name
Your proposed company name must be distinct and not identical or similar to any existing company or registered trademark. MCA guidelines under the Companies (Incorporation) Rules 2014 strictly apply.
Capital Requirements
No minimum capital requirement for Private Companies since the 2015 amendment! Start with any amount you choose. LLPs need partner contributions. Maintain adequate working capital for operations.
Registered Office
A physical Indian address is mandatory within 30 days of incorporation for receiving official MCA communications, legal notices, and maintaining statutory records as per Section 12 of the Companies Act.
Lawful Business Purpose
Business objectives mentioned in your Memorandum of Association must be legal and legitimate. Any activity violating Indian laws, public policy, or morality will result in registration rejection.
Documents Checklist for Business Registration
Setindiabiz ensures streamlined documentation! Prepare these for expedited processing
For Directors/Partners (Indian Nationals)
PAN Card
Mandatory permanent account number for tax identification, KYC verification, and linking all financial transactions of directors
Identity Proof
Government-issued photo ID (Aadhaar/Voter ID/Passport/License) establishing legal identity and citizenship status for MCA records
Address Proof
Recent bank statement or utility bill (within 2 months) verifying current residential address for official correspondence purposes
Photograph
Latest passport-size colour photograph in JPEG format for director identification on the MCA portal and official company documents
For Registered Office
Utility Bill
Recent electricity/water/gas bill (max 2 months old) proving active establishment and verifying registered office address details.
NOC from Owner
Written authorisation from the property owner permitting commercial use of premises for company registration and business operations.
Your Business Registration Journey with Setindiabiz
Our fully digitised, streamlined process ensures seamless company registration through the MCA portal within 7-10 working days! From document collection to final incorporation, we handle everything online with real-time tracking and expert support at every step.
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Step 1: Digital Signature & Name Reservation π
Initially, we procure Digital Signature Certificates for all directors, which are mandatory for e-filing. Concurrently, we reserve your distinctive company name via SPICe+ Part A on the MCA portal, ensuring adherence to the Companies (Incorporation) Rules, 2014. The Registrar of Companies (ROC) validates your unique business identity!
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Step 2: Drafting Your Company Constitution π
Post name approval, our legal specialists draft your Memorandum of Association (defining objectives & capital structure) and Articles of Association (internal governance framework). These fundamental documents are crafted meticulously as they regulate your company's complete operations. All documentation is filed electronically through Setindiabiz!
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Step 3: SPICe+ Form Filing - One Form, Multiple Registrations! π»
The revolutionary SPICe+ Part B form consolidates applications for DIN, PAN, TAN, GSTIN, EPFO, ESIC, and Professional Tax (Maharashtra). We submit this alongside e-MOA and e-AOA to MCA's Central Registration Centre (CRC). Single submission accomplishes all registration requirements!
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Step 4: Your Business is Born!
Following verification, ROC issues your Certificate of Incorporation (COI) - legal evidence of company existence! PAN and TAN are allocated simultaneously, as mentioned on the COI. Congratulations!
β±οΈ Registration Timeline with Setindiabiz
Document Collection
We gather & verify all documents, and apply for DSC
Name Approval
Your unique business name gets MCA approval
Form Submission
SPICe+ Part B filing with MOA & AOA
Business Ready!
Receive COI, PAN, TAN - Start operations!
Frequently Asked Questions
- All
- General Overview
- Eligibility & Requirements
- Documentation & Process
- Costs, Fees & Tax Benefits
- Timeline & Compliance
- Startup India Benefits
Incorporation creates a separate legal entity, safeguarding personal assets through limited liability protection. It enhances credibility with stakeholders, facilitates fundraising, and ensures perpetual succession. Under the Companies Act, 2013, incorporated entities enjoy statutory recognition. Setindiabiz manages the complete process, ensuring 100% compliance!
India offers Sole Proprietorship, Partnership Firm, LLP, OPC, and Private Limited Company structures. Each provides unique features regarding liability protection, compliance requirements, scalability potential, and taxation benefits. Private Companies suit startups seeking funding, while LLPs benefit professionals. Setindiabiz experts analyse requirements and recommend optimal structures!
Private Companies attract investors easily with equity funding capabilities and are taxed at 22-25%. LLPs provide operational flexibility with reduced compliance but face 30% taxation. Companies can avail an income tax exemption for three consecutive years out of 10 years under Startup India. Setindiabiz guides your strategic choice! π‘
SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) revolutionises registration! This integrated form combines name reservation, DIN allocation, incorporation, PAN, TAN, GSTIN, EPFO, and ESIC MCA has transferred forms to the V3 portal for enhanced efficiency. Setindiabiz expertly navigates this streamlined process! π
Yes! Foreign nationals can become directors/shareholders, subject to FDI policy guidelines. However, Section 149(3) of the Companies Act, 2013 mandates that one resident director must stay 182 days in India during the previous financial year. Setindiabiz manages FDI compliance seamlessly! π
Yes, Section 12 of the Companies Act, 2013 requires a registered office within 30 days of incorporation. Residential addresses are acceptable with proper documentation and NOC. Setindiabiz arranges virtual/shared office solutions when needed! π’
Excellent news! No minimum capital requirement since the Companies (Amendment) Act, 2015! Start with βΉ10,000 or βΉ1,00,000 - your choice. Simply deposit subscribed capital post-incorporation. Setindiabiz advises on optimal capital structuring! π°
Any individual (including foreign nationals) or corporate entity can hold shares. Private companies require a minimum of 2 and a maximum of 200 shareholders under the Companies Act, 2013. Setindiabiz helps structure shareholding patterns! π₯
Section 149(3) of the Companies Act, 2013 defines a resident director as one staying in India for a minimum of 182 days during the previous financial year. This mandatory requirement applies to all Indian companies. π
Names must be unique, not resembling existing companies/trademarks per the Companies (Incorporation) Rules, 2014. Avoid prohibited words and offensive terms. Setindiabiz conducts comprehensive searches on the MCA portal and trademark registry! π·οΈ
MOA (Memorandum of Association) constitutes your company charter, defining objectives & capital. AOA (Articles of Association) establishes internal governance for management & operations. Both are mandatory under Sections 4 and 5 of the Companies Act, 2013. Setindiabiz drafts these professionally! π
DSC represents the electronic equivalent of physical signatures issued by licensed Certifying Authorities. Legally mandatory for MCA e-filing, ensuring document authenticity and security. Setindiabiz procures DSCs efficiently! βοΈ
With a streamlined SPICe+ process, typically 7-10 working days! Timeline depends on document readiness and ROC Central Registration Centre processing. The dematerialisation deadline has been extended to June 30, 2025. Setindiabiz ensures the fastest registration! β±οΈ
Directors require a PAN card, identity proof (Aadhaar/Passport), address proof (bank statement/utility bill), and a photograph. The office needs ownership proof, NOC, and utility bills. Setindiabiz verifies all documentation! π
Yes! Residential addresses are acceptable with utility bill proof and the property owner's NOC authorising commercial usage. Setindiabiz arranges proper documentation! π‘
Government fees include ROC filing charges, DSC costs, and stamp duty (state-specific). Professional fees vary. Setindiabiz offers transparent, all-inclusive packages covering the entire registration! π΅
DPIIT-recognised startups enjoy 100% tax exemption under Section 80-IAC for any three consecutive years out of the first 10 years! Additionally, exemption from Angel Tax under Section 56(2)(viib). Setindiabiz facilitates DPIIT recognition! πΈ
DPIIT certification from the Department for Promotion of Industry and Internal Trade offers benefits including a 3-year tax holiday, self-certification for labour laws, and easier government tenders. Available for companies under 10 years old with a turnover below βΉ100 crores. Setindiabiz obtains recognition efficiently! π―
Yes! Fund of Funds managed by SIDBI provides up to 50% contribution to SEBI-registered venture funds: DPIIT-recognised startups access government equity funding and various schemes. Setindiabiz connects you with funding opportunities! π
Section 56(2)(viib) exemption prevents taxation on investments received above fair market value. DPIIT-recognised startups can apply for this exemption, protecting against excessive valuation taxes. Setindiabiz guides the application! π
Key requirements include appointing an auditor, conducting a minimum of two board meetings (with a 90-day gap), one AGM, filing Form MGT-7/7A (annual returns) and Form AOC-4 (financial statements). The recent 2025 amendments require enhanced disclosures in board reports. Setindiabiz offers comprehensive compliance packages! π
Heavy penalties accrue daily for the company and directors! The company risks being struck off; directors face disqualification from other appointments. The 2025 amendments introduced a tiered penalty system based on company size. Setindiabiz prevents compliance lapses! β οΈ
Immediately upon receiving COI! Open a bank account, deposit capital, and commence business (in case of a company, after you file INC-20A). GST registration, if applicable. Setindiabiz ensures a smooth operational launch! π
Yes! Converting a proprietorship or partnership to a company involves formal agreements, asset valuation, and ROC filings. Section 366 of the Companies Act, 2013, enables an LLP to convert into a Private Limited Company. Setindiabiz manages seamless transitions! π
A company/LLP continues existing despite the death, retirement, or insolvency of members. An entity survives until formally wound up per law. Your business outlives founders! βΎοΈ
Apply through the National Single Window System (NSWS) after creating an investor account. Add "Registration as a Startup" form, submit business details and innovation description. Setindiabiz handles complete applications! π
The entity must be under 10 years old (15 for biotechnology), have a turnover below βΉ100 crores annually, be incorporated as Private Limited/LLP/Partnership, and be working on innovation/improvement. Setindiabiz verifies eligibility! βοΈ
Typically, 2-7 working days after application submission. You receive a recognition number immediately upon application, and a certificate is issued after verification. Setindiabiz expedites the process! β‘
Yes! Existing entities meeting criteria can apply - under 10 years old, below βΉ100 crore turnover, innovation-focused. They access the same benefits, including tax exemptions and IPR fast-tracking. Setindiabiz facilitates recognition! π
We provide comprehensive assistance: structure selection, documentation preparation, MCA filing, post-incorporation support, compliance management, taxation guidance, and DPIIT recognition. Join 10,000+ satisfied clients! Free consultation available! π