CA Rajni GoswamiChartered Accountant · Gurgaon & DelhiCall now

Business Setup

Company registration, and the compliance that starts the day after

Incorporation is the straightforward part. What catches most new companies is what follows — director KYC, the first board resolutions, ROC filings, an auditor appointment within thirty days of incorporation. Registering the company and handling what comes next are really the same job, and it helps considerably if they are the same person.

Which structure, and why it matters

Private limited company

The default where there are outside investors, multiple founders, or a plan to raise capital. Most compliance obligations, most credibility.

Limited liability partnership

Lighter annual compliance than a private limited. Often suits professional practices and partnerships not seeking equity investment.

One person company

For a single founder who wants limited liability without a second shareholder. Converts to private limited later if the business grows into it.

How it runs

  1. Structure is decided before anything is filed

    Based on who the owners are, whether investment is likely, and what the compliance appetite is. This decision is harder to reverse than it looks.

  2. Digital signatures and director identification

    DSC for each proposed director, then DIN. Nothing can be filed until these exist.

  3. Name approval

    Names get rejected for reasons that are not always obvious. Alternatives are prepared in advance so a rejection costs days rather than weeks.

  4. Incorporation documents drafted and filed

    Memorandum, articles and the incorporation application. The objects clause is worth reading properly rather than accepting a template.

  5. The first thirty days after incorporation

    Auditor appointment, bank account, capital deposit, and the first board meeting. This is the part most people are not warned about.

What is needed

  • PAN and Aadhaar of every proposed director
  • Passport-size photographs
  • Address proof for each director — bank statement or utility bill
  • Proof of the registered office address
  • A no-objection letter from the property owner
  • Two or three proposed company names, in order of preference

An auditor must be appointed within thirty days of incorporation. Missing this is one of the more common early mistakes and it attracts penalties that are entirely avoidable.

Fees

ServiceFee
Private limited company registrationExcludes government fees and stamp dutyCall and discuss
LLP registrationCall and discuss
One person company registrationCall and discuss
Annual ROC compliancePer year, small company; scales with activity and turnover₹10,000 – ₹30,000

Ranges are indicative and confirmed before any work starts. Government fees and stamp duty vary by state and by authorised capital, and are billed at actuals on top of the professional fee. 18% GST applies on professional fees.

Questions people ask first

How long does registration take?

TBD — confirm typical current turnaround before publishing a number. It depends largely on how quickly name approval comes through and whether documents are complete at the start.

Can I register a company at my home address?

In most cases yes, with a no-objection letter from the owner and proof of the address. Whether it is wise depends on the business.

What happens after the company is registered?

Auditor appointment within thirty days, a bank account, capital deposit, the first board meeting, then annual ROC filings and director KYC each year. All of that can be handled here rather than becoming your problem.

Private limited or LLP — which should I choose?

If outside investment is likely, private limited. If it is a professional practice or a partnership with no equity-raising plans, an LLP is usually lighter to run. Call and describe the business; it is a short conversation.

Do you handle the GST registration too?

Yes, and it usually makes sense to do both together since the documents overlap substantially.

Talk through the right structure first

Fifteen minutes on the phone before anything is filed usually saves considerably more than it costs. Describe what you are setting up and who is involved.

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