Company Incorporation

Company Incorporation In India

The selection of an appropriate legal entity for a startup is a critical decision that has significant implications for the future of the business. There are a range of options available to startups, each with its own legal requirements and implications. Engaging the services of a knowledgeable startup lawyer can help to evaluate the available choices and determine the most suitable structure for the business.  Startups can register themselves as one of the following entities: A partnership, which is governed by the Partnership Act. A limited liability partnership (LLP) is regulated by the Limited Liability Partnership Act (LLP Act) or a private limited company, which is regulated by the provisions of the Companies Act, 2013.

The choice of legal entity for a startup is a complex decision that should be made on a case-by-case basis. However, by carefully considering the factors involved, startups can choose the structure that is best suited for their business and their individual needs.

Our Services

  • Structuring Evaluation: We assist in evaluating the most suitable structure for your business based on your specific requirements. Our experts provide guidance to ensure you choose the optimal legal entity that aligns with your goals.
  • Name Selection Assistance: To avoid any future disputes, we offer assistance in selecting a unique and legally compliant name for your company. Our aim is to help you secure a distinct brand identity while adhering to legal requirements.
  • Drafting the Memorandum of Association and Articles of Association: Our team specializes in drafting essential legal documents, including the Memorandum of Association (MOA) and Articles of Association (AOA). These documents define the company’s objectives, internal regulations, and operational framework.
  • Drafting Director/Subscriber declarations: Our team specializes in drafting all the required declarations required from the Director/Subscriber for the purpose of incorporation. These include consents, undertakings, disclosure of interest etc.,
  • End-to-End Coordination with the Registrar: Our dedicated professionals ensure seamless coordination with the registrar throughout the company incorporation process. We handle the necessary paperwork, filings, and liaisons, ensuring smooth and efficient registration of your company.
  • Statutory registrations/Licenses: Our dedicated professionals will assist in procuring the statutory registrations/licenses such as PAN, TAN, EPF, ESIC, GSTIN, IEC etc., as may be applicable to the Company. Our team is well equipped to liaise with the respective regulatory body/ies to ensure seamless and hassle-free registrations in a time-bound manner.
  • Nominee Resident Services: We offer nominee resident director services to fulfil resident director requirements as mandated under the Indian Companies Act, 2013 as well as act as a local representative to banks and authorities.
  • Registered Office Services: We also offer our premises to be used as the registered office of the Company for the purpose of incorporation until the Company procures its own registered office space and also for fulfilling the statutory registrations to be obtained post incorporation and other compliances as may be applicable under the various Indian Regulations.
  • Bank Account: We also have tie-ups with various Multinational Banks which will help expedite the process for opening the bank account of the company in a time-bound manner subject to submission of the requisite documents.

Key Highlights

  • Legal Identity and Recognition for Your Business: Incorporation in India provides your business with a distinct legal identity, offering recognition and credibility in the marketplace.
  • Numerous Tax Benefits: Company incorporation in India offers various tax advantages, including deductions and exemptions, which can significantly reduce your tax liabilities.
  • Access to Investment and Funding: Incorporating your business opens doors to investment opportunities and funding options, allowing you to attract potential investors and secure financial support for your growth and expansion plans.
  • Limited Liability Protection: By incorporating your company, your personal liability is limited. This means that in case of any legal or financial obligations, your personal assets are protected, and you are not personally liable for the company’s debts or liabilities.
  • Enhanced Brand Image and Improved Trust: Company incorporation enhances your brand image, instilling trust and confidence among customers, suppliers, and partners. It demonstrates a higher level of professionalism and commitment to legal and regulatory compliance.

Key Professionals

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FAQs

What are the benefits of incorporating a company?

Incorporating a company offers several benefits, including legal recognition, tax advantages, access to funding, limited personal liability, and an enhanced brand image. It provides a structured and credible platform for your business to thrive.

How can I choose the right legal structure for my business?

Choosing the appropriate legal structure depends on various factors such as your business goals, nature of operations, ownership preferences, and liability concerns. Our experts can evaluate your specific requirements and guide you in selecting the most suitable structure for your business.

How can a power of attorney help during company incorporation?

The power of attorney grants authority to individuals or entities to act on your behalf during the company incorporation process. It enables efficient handling of paperwork, representation before authorities, and ensures smooth coordination with the registrar.