Welcome Rajul Shah & Co.

Types of business/start up structure in India

An individual can set up as a sole trader/proprietor, as a Partnership firm, or Limited Liability Partnership etc.or can set up various types of companies such as:

Private limited company (the most used business structure)
One-person company
Small company
Limited company
Nidhi company

All above mentioned structures are different from each other. They have different types of formations, rules and regulations governing them. So, it is very crucial to understand which business structure will perfectly suit our business requirements.

Requirements for Start- up /business registration

One Person Company

1 Shareholders
1 Directors
1 Nominee
DIN of Director
DSC of director
Minimum Authorised Share Capital 1 Lakh

Private Limited Company

Minimum 2 Shareholders
Minimum 2 Directors
DIN of directors
DSC of directors
Minimum Authorised Share Capital 1 Lakh

Limited Liability Partnership

2 Designated Partners
DIN of partners
DSC of partners
Capital Contribution 10000/-

Proprietorship

PAN
Adhaar
Bank Details
Business Details

Partnership Firm

Minimum 2 Partners
PAN of Partnership firm
Capital Contribution 10000/-

Annual Fillings

Every company doing business in India is registered with ROC (Registrar of Companies) which mandates in accordance to Companies act, 2013 to fulfill applicable Corporate Compliances, Roc Filing, Annual Filing of the company or XBRL Annual Filing irrespective of its operation size or business.

Private Limited Company Annual Filing & Compliances

The private limited company has been relaxed from many legal & regulatory compliances, but still, there are lot many compliances applicable including the Annual Filing of the company with ROC. The following compliance are required within the applicable due date:

Auditor Appointment (eform ADT-1) to be submitted within 15 days from the AGM
Annual Return form (eform MGT-7) to be submitted within 60 days of AGM
E-form AOC-4 within 30 days of AGM

LLP Annual Filing

Following is compliance requirement for LLP

Form 11 (Annual Return)- within 60 days from the closure of financial year that is on or before 30th May every year
Form 8 (Balance sheet and Profit Loss)- on or before 30th October every year

One Person Company Annual Filing

Following is compliance requirement for LLP

Annual Return form (eform MGT-7) to be filed within 60 days of AGM.
Financials (eform AOC-4) within 30 days of AGM

How RAJUL SHAH & CO help you

RAJUL SHAH & CO help you fulfil your entrepreneur dreams.

We provide assistance in obtaining a range of business and tax registrations in a fast and hassle-free manner. Not only do we help in obtaining registrations, we understand what our client’s current requirements are, their future aspirations and prospects, and accordingly advise them as to the best form of business and provide them with an understanding of various legal and taxation aspects they need to know so as to align with their long term needs.

Application for New/modification in PAN/TAN
Formation and registration of Partnerships, HUFs, Trusts, etc
Incorporation of Companies
Obtaining GST and Profession Tax registrations
Opening Indian Bank Account
Registration under MSME
Assistance in protecting Brand/Logo/Trademark
Assistance in drafting legal documents like rent/lease agreements, vendor agreements, gift deeds, dissolution deed, deed of retirement of partner, HUF Deed, etc.
Obtaining Local Trade License
Obtaining Shops & Establishment License
Employee Provident Fund (EPF) & Employee State Insurance (ESI) registrations
Obtaining Food License (FSSAI)

We don’t just stop at Business Registrations - It’s just a beginning!