Company & LLP incorporation

Choosing the entity

Private limited company, LLP, one person company, partnership or proprietorship - each carries different consequences for liability, taxation, investment and annual compliance. The firm sets out the trade-offs on the client's actual facts: who the owners are, whether outside investment is expected, and how profits will be drawn.

Broad considerations

• Private limited - suited where equity investment or ESOPs are contemplated; higher compliance
• LLP - partnership flexibility with limited liability; no equity fundraising
• OPC - a corporate form for a single founder, within its thresholds

Incorporation filings

Once the form is chosen, the firm prepares and files the incorporation documents with the Ministry of Corporate Affairs - name reservation, charter documents, and the integrated incorporation forms - and follows the application to the certificate of incorporation.

Typically covered

• Digital signature certificates and director identification numbers
• Name reservation and objects drafting
• MOA/AOA or LLP agreement preparation
• SPICe+ / FiLLiP filings and follow-up to registration

Registrations that follow

A certificate of incorporation is a beginning, not an end. The entity still needs its tax registrations and bank account before it can invoice its first rupee.

Typically covered

• PAN and TAN allotment
• GST registration, where required or advisable
• Professional tax and Shops & Establishment registrations, as applicable
• Commencement of business declaration (INC-20A) for companies

First-year compliance

New entities inherit a calendar: board meetings, statutory registers, auditor appointment, annual filings such as AOC-4 and MGT-7 for companies or Form 8 and Form 11 for LLPs. The firm prepares this calendar at incorporation so nothing arrives as a surprise.

Government fees, stamp duty and processing timelines vary by state and by MCA workload. Specifics are discussed at the time of engagement.