HOW TO SET UP BUSINESS IN INDIA
how to set up business in India- India, a land of opportunities is one of the fastest-growing countries. After its independence, the country has never looked back. The country has shown tremendous growth in different sectors of the economy, including but not limited to agricultural products, industrial goods, and services segments. The number ie., revenue has shown a great increase in all these sectors due to which most world-known names approaching to carry out liaison office, branch office, project office in India.
With world eying on India and Modi’s target to make the country as 5 billion economies by 2025, one has every good opportunity to set up business in India. This article will help you to understand what and how to set up business in India from scratch. Before setting up a business one needs to do research more on Indian markets. The service sector, including electronics, transport, telecommunication, biotechnology, hotels, and tourism are some of the segments while thinking about how to set up business in India.
Letscomply can assist you in getting deep understanding with detailed analysis. Call us at 91 97178 22448 or mail us at firstname.lastname@example.org
After getting the detailed knowledge about the trend in India creating a plan on paper is required or we can also say a vision document is required so that you should know precisely what is required in advance. There can be various forms of businesses such as:
- Private Limited Company
- Limited Liability Partnership
- Sole Proprietorship
- One Person Company
All forms have different advantages and disadvantages, one can start a business in any form of business. Letscomply can assist you in setting up your business in the following ways:
- We will guide you which type of company or forms of business to start with whether its Private Limited Company or Public Company, Partnership, Limited Liability Partnership, Sole Proprietorship or One Person Company;
- We will assist you in getting the DIN and DSC for proposed directors;
- Reservation of name will be the third step;
- Then we will file the application for registration of the company;
- We will submit the documents like MOA/AOA and other documents as required under the Law.
- We will get the certification of incorporation so that you can start your business.
Above are the steps which are needed to be followed to set up a business in India.
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