Pricing & FAQ

Nowadays, Most of Start Up is registering as Private Limited because this type of business firm registration brings more stability to your organisation, easy to build trust and it is most format of entity have the high chance to get funded easily through angel investors, Venture capitalist and from potential investors. 

In India there is no particular registration format for Sole proprietorship to carry the business legally and lawfully GST Registration is suggested and it also acts as proof of Business Entity and helps in opening the Current account for your business in Banks as one of the KYC document.

Presently, there is no government fee if the authorised capital is less than Rs.15 lakhs. However, stamp duty is chargeable as per respective state government stamp duty provisions.

As per the latest amendment made by Govt. of India, there is no minimum capital required for starting a private limited company.

In order to promote growth and investment, Income tax act has amended new tax provisions from FY 2019-20 which enables all domestic companies an option to pay income-tax at the rate of 22% subject to condition that no exemption/incentive is availed. Considering surcharge and cess, the effective tax rate for private limited companies shall be 25.17%. Also, such companies need not pay Minimum Alternate Tax.

No, it is not mandatory. However, registering it with registrar of firms is recommended to keep the entity valid and enforceable and LLP’s must to Register under company’s act.

Yes, non-resident Indians and foreign nationals can start an LLP in India, provided, one of the designated partners in an LLP should be a Resident in India. After submitting the necessary documents with notarization from the respective authorities in their country in which they stay, NRIs can get registered as designated partners in the LLP.

Income tax is applicable to LLP @ 30.90% on net profit of the company.

MOA stands for Memorandum of Association and AOA stands for Articles of Association. These both are the byelaws or rules based on which significant aspects like main business of the company or meetings is being decided. These legal documents are prepared by Company Secretaries during incorporation of the Company.

LLP Agreement is byelaws or rules on which important matters such as main business of the LLP, capital or meetings is fixed. It is a legal document prepared by Company Secretaries during its registration.