Company Registration in India

“You are master of your own! Choose your battles and fights wisely!”

You have left your comfy, and high paying jobs. Plunged in to a world of uncertainties. For what? To maintain accounts? To do compliances? Should these be the battles to fight? We cannot fight the white walkers, but we can surely fight these for you! with our three most deadly weapons responsibility, accuracy and transparency.

OUR SERVICES

“What battles can we fight?”

SETUP SERVICES

Setting up of an organisation could be tricky and complicated process. It is much more than just registration/formation of new company. SetMyCompany helps you make right choice between different types of organisation and supports you throughout all stages of setting it up.

AUDIT & TAXES

Our experienced team’s technical knowledge encompasses both national and global law, which helps us offer you comprehensive accounting and tax planning services. We help you face new and complex events. Our extensive data validation checks ensure factual as well as legal precision.

GST COMPLIANCE

We help you understand India’s biggest tax reform, and reap maximum benefits out of it. We assist you not only in understanding and implementation of GST, but also provide comprehensive assistance in various periodical filings and compliances.

PAYROLL SERVICES

India is tricky country when it comes to labour laws, numerous compliances can be burdensome. We help you concentrate on your business by managing complete employee services throughout their life cycle i.e from joining to exit.

DUE DILIGENCE

We help you make right decision or give you a valuable insight, by comprehensive appraisal and in-depth investigation of businesses undertaken. We help you make an informed decision.

FUNDING COMPLIANCE

We help you throughout the funding process and assist you understand the term sheet, shareholders / subscription/ purchase agreement and various compliances involved and guide you on best industry practices. Gain from our experience.

Fall in love again with what you love to do. We’ve got your back!

Let us manage your :

Yes, please help!

STAGE OF SERVICES

You have just finished scribbling the idea.

You have got the entity setup and ready rock the world now! (angel)

Business is doing well, you have got calls from VCs! Time to rock n roll! (Seed)

Money is sufficient, completed Series A, B…..Z.

You have got an offer you can’t resist! Or want to spent your life watching your children grow

You are an overseas Company, wanting to set up base in India (market with Billion people)

You are still not sure what services you might need!

You have just finished scribbling the idea.

We can help you with :

Choosing the right type of entity (LLP / Pvt Ltd / Public Limited) and setting It up
Virtual office setup, so you never miss an important document.
Founder’s agreement
Designing the investor’s pitch
Setting up policies, organization framework
Filing of trademarks, patent etc
Basic accounting / payroll management

That’s not all of it, want to know more?

You have got the entity setup and ready rock the world now! (angel)

Once the above essentials have set up, we can help you with :

Setting up accounting systems
Payroll management
Tax management, secretarial records.
Cloud based accounting / paperless.
Periodic regulatory filings

Well, we just got started, but long website don’t look good!

Business is doing well, you have got calls from VCs! Time to rock n roll! (Seed)

We would love to rock n roll too! We can help you with :

We can review the pitch deck, help you make one.
Create budgets, forecasts make understand the investors how the money would be utilized.
Oh! Your earlier accountant has not maintained the books clean? Or wait, you never had one earlier! Don’t worry we can help you rewrite the history.
Support in due diligence, financials, board reports etc.
Allocate shares, manage cap tables etc.
Well, do the fun year end stuff – the regulatory filings m/.

I think, I have something else to be done before I rock and roll.

Money is sufficient, completed Series A, B…..Z.

Glad, you’ve reached this level! You just need to concentrate on growth and let us :

Keep an eye on KPIs and track the record.
Record ongoing day-to-day transactions, reconciling bank and credit card accounts…a continuous battle that someone has to fight!
Vendor management and accounts payable
Invoice raising and accounts receivable.
End to end payroll management, help your employees with taxation.
Prepare financial statement, file your income tax. Great! That relieves me a lot. Can do you more?

You have got an offer you can’t resist! Or want to spent your life watching your children grow

You have worked hard indeed! Let us ensure a smooth exit:

Make you due diligence ready
Merger / Acquisition / Closure of the entity.
Calculate founder earnings / employee exits.

Please help me! In fact, please handle it entirely for me.

You are an overseas Company, wanting to set up base in India (market with Billion people)

A very good decision! India is a market not to miss out! We can

Help you with resident director services.
Setup virtual office to manage the paper work.
Bank account opening
Payroll management, employee taxes, etc.
Insta Company solution.
Manage all the documentation, tax filings, GST filings, TDS filings etc

Wow! Looks like you would help us unravel India!

You are still not sure what services you might need!

Don’t worry we are click away. To walk you through.

200

Businesses Managed

5000

Employees Managed

25000

Tax Filings Done

$10 M
Investment raised in Equity and Debt by our clients.

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GET IN TOUCH

271, 1st floor, 14th Cross
Eshwara Layout, CMH Road,
Indiranagar, Benglauru,
Karnataka 560038

+91 96111 89911 (IN)

support@setmycompany.com

Many entrepreneurs start their businesses in Bangalore as it is the Silicon Valley of India. Are you ready to start a business? You have business ideas but unsure how to go about it? Don’t worry! We are here to help you. There are a few legal requirements that you should follow while setting up a company. Here is a detailed look at what you need to do.

Starting up a business in India

There is a plethora of ideas to start a business in India. Ideas tend to bloom from nowhere. If you have one idea that you want to turn into reality, then you give shape to your business idea based on your vision. Building a business is not a piece of cake and it requires hard work and tenacity.

Need for registration

Once you are ready to start a company, then the first step that you should take is to register your company. Your company name needs to get recorded in Indian official records i.e., the Ministry of Corporate Affairs (MCA).

Different types of company registration

You may ask how to register a startup or company in India. There are different types of company registration in India available for you to register. As a founder, you should be clear about the business structure and the technicalities of each type. Before deciding the business type, you should know what type of business you are going to start.

Selecting the business structure and entity

If you are looking for a startup India registration process, it is crucial to select a business structure and entity. SetMyCompany is ready to help you with the company registration process. We will help you to choose from the various types of company registration available and guide you in setting up a business in India.

Starting up a business in India

Private Limited Company
Many entrepreneurs prefer to go for this business structure because of the availability of limited liability protection. This type of company has a minimum of two and a maximum of 200 members. The company cannot publicly issue the shares. And the shares of the company can be easily transferred to the other person. The private limited company registration process is simple and easy. It requires Directors Identification Number (DIN), which is a unique code. You are required to have a bank statement, phone and electricity bill, PAN card and Aadhaar card.
Partnership company
If you want to start a partnership firm, then registering your company under the partnership company structure is the easiest way as it is flexible. You need a "partnership deed", which is an agreement between persons who have agreed to share profits of the business. Registering a partnership company is not mandatory and is at the discretion of the partners.
One Person Company (OPC)
Introduced by the Indian government in 2013, it is a new type of business structure where an individual could start a company and be the sole director. It makes it easier to get loans from banks. This business structure has minimum compliances.
Limited Liability Partnership (LLP)
This structure is a combination of partnership and sole proprietorship. It is expensive to operate. There is less paperwork in LLP when compared to other registrations. And that makes it easier to form. LLP is flexible when it comes to profit sharing.
Sole Proprietorship
If you want to become the boss of your company, then the sole proprietorship is the ideal choice. It is the easiest form of company registration in India . There is no government registration involved and no compliances to be fulfilled.

What is the process involved in registering a company?

It is important to select the business structure as it impacts your tax returns. Whether it is private limited company registration or LLP, each business structure has a set of compliances that have to be met. Once you have selected the business structure for your business, here are the simple steps for registration of the company.

Obtain Digital Signature Certificate (DSC)
Acquire Director Identification Number (DIN)
New user registration
Certificate of Incorporation

Selecting the name for your company

Do you have a name for your venture? We agree that it takes time to find a name relevant to your business. Rushing into a name for the sake of getting a name does no good. Generally, people remember and associate brands by their names. It is important to select a name that is strong and well-aligned. The name should reflect your brand image.

Steps to select the company name

First Name – It represents your business. Make sure that the company name is not registered already under Companies Act, 2013.
Middle Name – The company’s middle name reflects the primary or main objectives of the company.
Last Name – If your company is under private limited company registration, the last name should be “Private Limited” or Pvt. Ltd.
For One Person Company, the last word should be "OPC Company."
Profit or non-profit companies cannot use "Limited" or "Private Limited" as the last name.

Documents required for various types of company registration in India

PAN Card
1 identity proof
1 address proof
2 passport size photographs
Clear scanned copies of proofs

Duration of the company registration process

With SetMyCompany, you can register your company in 8-10 days.

Why choose SetMyCompany for the company registration process

SetMyCompany is a reputed legal consultant in Bangalore for company registration. Setting up of a company or organization may look like an intimidating process. We have a wide range of experience in incorporating nearly 200+ businesses in India. We help you in picking the right business structure while applying for company registration in India and guide you throughout all stages of setting it up. Our experienced team is ready to help you with company registration, taxation, accounting, compliances and more.

Planning to register your company in India? Contact us at +91 96111 89911 or write mail to support@setmycompany.com. Check with us to know about the various type of company registration cost in India. We will help you throughout the registration process. Get in touch with SetMyCompany for your startup registration in India!

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