We Provide Complete Guidance for how to Start Business India and Business Compliance to be maintained.
Simple and Easy Business Formation Process also for Foreigner / Foreign Subsidiary in India.
Step wise explanation for Business Startup and Compliance.
There are multiple ways for starting a business in India. Mainly, are proprietorship and partnership firm business formation is popular as both options are cost-effective for formation. However, Company formation is popular for medium to large scale business idea. In addition, the Company form of business entity gives the advantage of government “STARTUP INDIA” and “MAKE IN INDIA” Scheme benefits.
Foreign Investor or Foreign Company who is willing to start a business in India can create Fully Owned Foreign Subsidiary Company, where foreign company/ foreigner will hold 100% Ownership of company. However, One Indian Resident Director required for the formation of a Fully Owned Foreign Subsidiary Company.
Let’s Understand the Stages for the Business formation and compliance management.
Indian Resident Can Start Proprietorship business with personal PAN. It is Simple and have lowest formation cost.
Two or more Person can start joint owned business with formation of partnership firm. foreign individual engagement not allowed.
Two or More person can start joint business with LLP. it is same as partnership firm but this formation is more recognized.
One Member Can Form OPC with One Director.
Maximum Capital Restricted to Rs. 50 Lakhs.
NO Foreign Member allowed.
Minimum Two Shareholder and Two Directors Required. Foreign Director and Shareholder can participate in company.
Minimum Seven Shareholders and Three Directors required. Foreign Directors and member allowed in company.
Suitable for producer activity like agricultural activity. FDI Restricted in producer company. only Primary producer activity allowed.
Non Profit Organization can start their activity by forming Section 8 Company, which is for non profit nature of activity.
Foreign Company can start their business in India by forming subsidiary fully owned by foreigner Company or NRI.
Registration Services
Compliance & Filings
Corporate Consultancy
Legal ADDA is India’s best Business Registration Consultant having the largest legal team consist of Chartered Accountants (CA’s), Company Secretary (CS’s), Lawyer, and Tax Practitioner. We Provide consultancy in the area of Company Registration, License, Tax Compliance, and Management Services in Ahmedabad, India. Connect with us for one-stop compliance solutions.
