Company Incorporation & Allied Services
Company incorporation and allied services include business setup, regulatory compliance and process setup, legal documentation etc.
Advisory on suitable constitution
Selecting the right business constitution is a key step before starting operations in India. Options include Private Limited Company, Limited Liability Partnership (LLP), One Person Company, Partnership Firm, or Sole Proprietorship. The choice depends on factors including ownership structure both present and future, funding requirements, compliance obligations, liability exposure. Each form carries distinct legal and tax implications. A thorough evaluation of business objectives, risk profile, and scalability helps determine the most suitable structure, ensuring long-term sustainability and regulatory alignment.
Incorporation of company/ LLP
Incorporation is the process of legally registering the business entity with the Ministry of Corporate Affairs (MCA). It involves obtaining Digital Signature Certificates (DSC), Director Identification Numbers (DIN), reserving the name, drafting partnership deed for LLP and filing incorporation documents through the MCA portal. Once approved, the entity receives a Certificate of Incorporation and Unique Identification Number. This marks the business’s legal existence and eligibility to commence operations, open bank accounts, and enter into contracts under Indian law.
Application of PAN, TAN, trade license, p tax, Udyam, GST
After incorporation, various statutory registrations are required for operational compliance. Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) are essential for income tax and TDS compliance. Trade license and Professional Tax (P Tax) are state-level registrations depending on location and activity. Udyam registration classifies MSMEs for government benefits, while GST registration enables tax collection and credit claims. Timely application and correct categorization under each law ensure smooth business operations and prevent regulatory lapses.
Setup of accounts and related process
Establishing a sound accounting framework is essential after incorporation. This includes designing a chart of accounts, setting up accounting software, defining process flows and controls, and integrating invoicing and payroll systems with accounting software. A structured accounting process ensures accurate financial reporting, supports compliance with statutory requirements, and enables effective decision-making. Businesses should also define document management, approval hierarchies, and periodic reconciliation procedures to maintain controls, integrity and information, audit readiness. Further, in our opinion, it is easier and simpler to define the SOPs, and set up the process in this initial stage when the quantum of transactions is lower.
Advisory on applicable compliances and related assistance
Every entity in India must adhere to a range of post-incorporation compliances under the Companies Act, Income Tax Act, GST, and local laws. These include board meetings, statutory filings, maintenance of registers, and periodic returns. Understanding applicable provisions helps avoid penalties and ensures corporate governance. Regular compliance tracking, timely documentation, and adherence to filing timelines support credibility and operational continuity. Awareness of evolving regulations is crucial to maintain compliance across all business functions.