Type of Entities

  • Proprietorship
  • Partnership Firm
  • Limited Liability Partnership
  • Company
    1. Private Limited
    2. Limited (Public Company)
    3. One Person Company

 

  • Proprietorship

A Sole Proprietorship Firm Registration is Single Person Firm Registration. It is one of the most common forms of business in India, used by small businesses operating in the unorganized sectors. It enables to do business in India with Less Compliance and Less Costing. This form of business is suitable for small entities especially for those who have a narrow area of operation.

Advantages:

  • Easy to start
  • Only one person is required as owner of business
  • Complete control on business
  • Lower cost of formation and less legal compliances
  • Individual Taxation provisions are applicable to Proprietary concern

Disadvantages

  • Unlimited Liability
  • Lack of credibility
  • Difficulty in raising funds
  • Difficulty in expanding area of operation

STEPS TO START A PROPRIETORY CONCERN

  1. Arrange some basic documents/ information of the proprietor
  2. Apply for your PAN (if not already obtained)
  3. Apply for your Shop Establishment Registration (For Gwalior Region Only)
  4. Get your registration and PAN
  5. Start your Doing Business

MINIMUM REQUIREMENTS

  1. Only one person as Proprietor

PRICING: 

WHAT YOU WILL GET

  1. PAN of Proprietor
  2. TAN
  3. Shop Establishment Registration Certificate

 



PARTNERSHIP FIRM

Partnership Firm are the most popular forms of business organisations in India where there are more than one promoter

 

 Advantages:

  • Easy to start
  • Only minimum 2 persons are required as partner
  • More capital can be infused with more partners
  • Less legal compliances than companies or LLP

Disadvantages:

  • Unlimited liabilities of partners
  • Less credibility than company or LLP
  • Less features as compare to LLP with same cost of formation
  • If unregistered, then firm cannot sue any third party into the court.

STEPS TO START YOUR PARTNERSHIP FIRM

  1. Arrange some basic documents / information of partners
  2. We’ll draft your Partnership Deed
  3. We’ll apply for registration of your Partnership Deed with Registrar of Societies & Firms(Optional), (For Gwalior Region only)
  4. Get your registration done
  5. Start doing your business

 

MINIMUM REQUIREMENTS

  1. Minimum 2 persons as partners
  2. One suitable name for partnership firm

PRICING: Rs. 4499/- (Exclusive of Stamp duty)

  • This price is applicable if capital contribution by the partners is not more than Rs. 1 lakh. Price will increase with increase in capital contribution.
  • Promoters are required to purchase the stamps in their own name and print the Partnership agreement on it and get it notarized. Amount of stamp duty will depend upon the rates applicable in particular state which shall be borne by the promoters.
  • Separate Fee for Registration of Partnership Deed: 3000/-

WHAT YOU WILL GET

  • Partnership Deed
  • PAN of Partnership firm
  • TAN/ TDS number
  • Registration of your Partnership
  • Documents support for opening current account

  • Limited Liability Partnership (LLP)

Limited Liability partnership is newly introduced form of business. It combines the advantages of both a private limited company and a partnership firm. In other word it is the next version of the Partnership form of business.

 

Advantages:

  • Separate Legal entity
  • Require minimum of only 2 persons
  • Limited liability of partners is the main feature
  • Audit is not mandatory like companies (There is turnover and capital limit)
  • Easy transferability of business

Disadvantages:

  • Less features as compare to company
  • Difficult to get funds as compare to company

 

STEPS TO GET YOUR LLP INCORPORATED

  1. Arrange some basic information / documents of Partners
  2. We’ll apply for DIN and DSC of Partners
  3. We’ll prepare LLP agreement and other legal documents
  4. We’ll file Incorporation Documents and forms with Govt
  5. Get your Incorporation Certificate of LLP

MINIMUM REQUIREMENTS

  1. Minimum 2 persons as partners
  2. Minimum amount capital to be decided which will be brought in by the partners
  3. DIN for all the partners
  4. DSC for all the partners

PRICING: Rs. 7999/- (Exclusive of Stamp duty)

  • This price is applicable if there are only two partners and capital contribution by them is not more than Rs. 1 Lakh. Price will increase with increase in number of partners and/ or capital contribution.
  • Promoters are required to purchase the stamps in their own name and print the LLP agreement on it and get it notarized. Amount of stamp duty will depend upon the rates applicable in particular state which shall be borne by the promoters.
  • Promoters are also required to provide notarized affidavit for DIN application. In this regard promoters need to purchase the stamps in their own name and arrange for notarization. Cost for the same will be upto Rs. 300/- per person which shall be borne by the promoters. (Draft format of affidavit will be provided by us, promoters only have to purchase the stamp and arrange for notarization)

WHAT YOU WILL GET

  1. LLP Agreement
  2. DIN for 2 partners
  3. DSC for 2 partners
  4. Incorporation Certificate
  5. LLP PAN card
  6. LLP TAN/ TDS number
  7. Support documents for opening Current Account in Bank

  • One Person Company

One Person Company is a new type of business entity that allows a single entrepreneur to operate a corporate entity with limited liability protection.

Advantages:

  • Separate Legal entity
  • Require only one member
  • Limited liability is the main feature
  • Easy transferability of business
  • Better borrowing capacity

Disadvantages:

  • One director must be Indian
  • Legal compliances are high
  • Costing is high as compare to LLP/Firm

STEPS TO GET YOUR ONE PERSON COMPANY INCORPORATED

  1. Arrange some basic documents/ information
  2. We’ll apply for DIN and DSC of Directors
  3. We’ll draft Memorandum of Association (MOA) and Article of Association (AOA) and prepare other legal documents
  4. We’ll file incorporation forms and documents with ROC with fees
  5. Get your Company Incorporation Certificate

MINIMUM REQUIREMENTS

  1. One Shareholder
  2. Minimum 1 Director
  3. Shareholder and Director can be same person
  4. Minimum 1 Nominee
  5. Shareholder, Nominee and One Director must be resident of India
  6. DIN for all the Directors
  7. DSC for one Director

PRICING:

State Rs.
Andaman Nicobar, Assam, Dadra & Nagar Haveli, Haryana, Himachal Pradesh, Jammu Kashmir, Jharkhand, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Tamilnadu, Tripura, West Bengal 11,799/-
Arunachal Pradesh, Chandigarh, Karnataka, Lakshyadweep, Orrissa, Uttar Pradesh, Uttarakhand 12,299/-
Aandhra Pradesh, Bihar, Chhatisgarh, Daman & Diu, Delhi, Goa, Kerala, Maharashtra, Telangana 13,299/-
Gujarat, Rajasthan 16,799/-
Madhya Pradesh 18,799/-
Punjab 21,299/-

 

  • This price is applicable if there is only one Director and Authorised Share capital is not more than Rs. 10 Lakh (Punjab – Rs. 1 Lakh). Price will increase with increase in number of directors and/ or Authorised Share Capital.
  • There is differences in incorporation prices in different states due to difference in stamp duty, incorporation fees, filing fees etc. in different states.
  • Promoters are also required to provide notarized affidavit for DIN application and other declarations. In this regard promoters need to purchase the stamps in their own name and arrange for notarization. Cost for the same will come upto Rs. 300/- per person which shall be borne by the promoters. (Draft format of affidavit / declarations will be provided by us, promoters only have to purchase the stamp and arrange for notarization)

WHAT YOU WILL GET

  1. DIN for 1 Director
  2. DSC for 1 Director
  3. MOA and AOA of Company
  4. Incorporation Certificate
  5. New Incorporation kit
  6. Company PAN card
  7. Company TAN/ TDS number
  8. Support documents for opening Current Account in Bank

 

  • Private Limited Company

Private limited company is the most popular corporate entity amongst small, medium and large businesses in India due to various advantages. It is best form of business to start a new start-up with wide area and range of operations.

Advantages:

  • Separate Legal entity
  • Require only two persons i.e. Directors
  • Limited liability of members
  • More Credibility as compare to others
  • Better borrowing capacity

Disadvantages:

  • Legal Compliances are High.
  • High incorporation Cost as Compare to Others.
  • Restricted to transfer of the shares to others without agreements.

STEPS TO GET YOUR PRIVATE LIMITED COMPANY INCORPORATED

  1. Arrange some basic documents/ information
  2. We’ll apply for DIN and DSC of Directors
  3. We’ll draft Memorandum of Association (MOA) and Article of Association (AOA) and prepare other legal documents
  4. We’ll file incorporation forms and documents with ROC with fees
  5. Get your Company Incorporation Certificate

MINIMUM REQUIREMENTS

  1. Minimum 2 Shareholders (Subscribers)
  2. Minimum 2 Directors
  3. Shareholders and Directors can be same person
  4. One Director must be resident of India
  5. DIN for all the Directors
  6. DSC for one Director

PRICING:

State Rs.
Andaman Nicobar, Assam, Dadra & Nagar Haveli, Haryana, Himachal Pradesh, Jammu Kashmir, Jharkhand, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Tamilnadu, Tripura, West Bengal 15,599/-
Arunachal Pradesh, Chandigarh, Karnataka, Lakshyadweep, Orrissa, Uttar Pradesh, Uttarakhand 16,099/-
Aandhra Pradesh, Bihar, Chhatisgarh, Daman & Diu, Delhi, Goa, Kerala, Maharashtra, Telangana 17,599/-
Gujarat, Rajasthan 20,599/-
Madhya Pradesh 22,599/-
Punjab 24,599/-

 

  • This price is applicable if there are only Two Subscribers & Directors and Authorised Share capital is not more than Rs. 10 Lakh (Punjab – Rs. 1 Lakh). Price will increase with increase in number of subscribers/ directors/ Authorised Share Capital.
  • There is differences in incorporation prices in different states due to difference in stamp duty, incorporation fees, filing fees etc. in different states.
  • Promoters are also required to provide notarized affidavit for DIN application and other declarations. In this regard promoters need to purchase the stamps in their own name and arrange for notarization. Cost for the same will come upto Rs. 300/- per person which shall be borne by the promoters. (Draft format of affidavit / declarations will be provided by us, promoters only have to purchase the stamp and arrange for notarization)

 

WHAT YOU WILL GET

  1. DIN for 2 Directors
  2. DSC for 1 Director
  3. MOA and AOA of Company
  4. Incorporation Certificate
  5. New Incorporation kit
  6. Company PAN card
  7. Company TAN/ TDS number
  8. Support documents for opening Current Account in Bank

 


  • Public Limited Company

Limited company is the ideal choice of corporate entity for medium and large sized businesses that raise equity capital from the public.

Advantages:

  • Separate Legal entity
  • There is no maximum limit of number of members
  • Limited liability of members
  • Easy transferability of shares
  • More Credibility as compare to others
  • Better borrowing capacity
  • Money can be raised from public

Disadvantages:

  • Legal Compliances are High.
  • High incorporation Cost as Compare to Others.

STEPS TO GET YOUR PUBLIC LIMITED COMPANY INCORPORATED

  1. Arrange some basic documents/ information
  2. We’ll apply for DIN and DSC of Directors
  3. We’ll draft Memorandum of Association (MOA) and Article of Association (AOA) and prepare other legal documents
  4. We’ll file incorporation forms and documents with ROC with fees
  5. Get your Company Incorporation Certificate

 

MINIMUM REQUIREMENTS

  1. Minimum 7 Shareholders (Subscribers)
  2. Minimum 3 Directors
  3. Shareholders and Directors can be same person
  1. One Director must be resident of India
  2. Minimum Authorised Share capital should be Rs. 5,00,000/-
  3. DIN for all the Directors
  4. DSC for 2 Directors

PRICING:

State Rs.
Andaman Nicobar, Assam, Dadra & Nagar Haveli, Haryana, Himachal Pradesh, Jammu Kashmir, Jharkhand, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Tamilnadu, Tripura, West Bengal 36,999/-
Arunachal Pradesh, Chandigarh, Karnataka, Lakshyadweep, Orrissa, Uttar Pradesh, Uttarakhand 37,499/-
Aandhra Pradesh, Bihar, Chhatisgarh, Daman & Diu, Delhi, Goa, Kerala, Maharashtra, Telangana 37,999/-
Gujarat, Rajasthan 38,499/-
Madhya Pradesh 43,999/-
Punjab 51,499/-

 

  • This price is applicable if Subscribers are not more than SEVEN, Directors are not more than THREE and Authorised Share capital is not more than Rs. 5 Lakh. Price will increase with increase in number of Subscribers/ Directors/ Authorised Share Capital.
  • There is differences in incorporation prices in different states due to difference in stamp duty, incorporation fees, filing fees etc. in different states.
  • Promoters are also required to provide notarized affidavit for DIN application and other declarations. In this regard promoters need to purchase the stamps in their own name and arrange for notarization. Cost for the same will come upto Rs. 300/- per person which shall be borne by the promoters. (Draft format of affidavit / declarations will be provided by us, promoters only have to purchase the stamp and arrange for notarization)

 

WHAT YOU WILL GET

  1. DIN for 3 Directors
  2. DSC for 2 Directors
  3. MOA and AOA of Company
  4. Incorporation Certificate
  5. New Incorporation kit
  6. Company PAN card
  7. Company TAN/ TDS number
  8. Support documents for opening Current Account in Bank