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Why Register a Company or LLP?

Registering a Company or LLP offers legal recognition, limited liability protection, and enhances credibility with clients and investors. “Company formation India” also opens doors to tax benefits, government schemes, and easier access to funding and global markets.

  • Separate Legal Entity - The company is legally independent from its owners, shielding them from personal liability and risks.
  • Easier Access to Funding - Attract bank loans and investments more easily with a formally registered business.
  • Stronger Capital Base - Allows greater capital contribution, enhancing long-term financial stability.
  • Government Support - Benefit from tax incentives and simplified regulations offered to registered companies.
  • Perpetual Existence - Even if the company faces insolvency or one of the owners passes away, the company will continue to operate.
  • Optimised for Tax and Expansion - Offers better tax planning and facilitates international business growth.
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Steps for Company Registration in India

The process of company registration in India involves actionable steps to ensure legal compliance and smooth establishment. From consulting experts to opening a bank account, each step is crucial for successfully launching your business.

Consultation

Seek professional advice to understand the suitable business structure for your goals, tax obligations, and legal requirements.

Documentation

Prepare and submit necessary documents, including identity proofs, address proofs, director’s signature and incorporation forms, for approval.

Registration

Register your company with the Ministry of Corporate Affairs (MCA), obtaining a unique company name and Digital Signature Certificate (DSC).

Bank Account

Open a company bank account from recognised banks to facilitate financial transactions, required for business operations and investments.

Certification

Receive your Certificate of Incorporation and commence operation, which legally recognises your company as a distinct entity under Indian law.

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Company Formation in India: Key Features

Starting a company in India is a streamlined process backed by digital platforms and government support. With various business structures available, entrepreneurs can choose one that best suits their goals and compliance needs.

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Benefits of Registering A Company In India

Why Choose the IT Sector in India?

Skilled Workforce:

India boasts a large, tech-savvy workforce with expertise in software development, AI, data science, and more, making it a global IT talent hub.

Cost Efficiency:

IT services and labor in India are cost-effective, enabling startups and enterprises to reduce operational expenses without compromising on quality and innovation.

Global Client Base:

Indian IT companies cater to top global clients, offering wide exposure to international markets, high-value projects, and long-term business growth opportunities.

Government Support:

Schemes like Digital India and Startup India promote IT growth through tax incentives, simplified regulations, and funding support for tech entrepreneurs.

Advanced Infrastructure:

India has well-developed IT hubs, reliable connectivity, modern office spaces, and data centers, fostering seamless and secure technology operations.

Innovation & Startups:

India's vibrant startup ecosystem and focus on digital innovation create a dynamic environment for launching, scaling, and funding new IT ventures.

Why Choose the Import and Export Sector in India?

Expansive Global Trade Network:

India maintains strong trade relationships with major global economies, offering vast opportunities for importers and exporters across diverse sectors.

Government Incentives:

Schemes like MEIS, RoDTEP, and EPCG provide tax benefits, duty drawbacks, and financial support to boost export competitiveness and profitability.

Diverse Product Range:

India exports a wide variety of goods—from textiles and spices to machinery and pharmaceuticals—catering to multiple international market demands.

Growing Infrastructure:

Modern ports, logistics hubs, and digital customs systems ensure faster clearance, reduced turnaround time, and efficient trade operations.

Favorable Trade Agreements:

India has signed multiple Free Trade Agreements (FTAs), allowing easier access to foreign markets with reduced tariffs and barriers.

High Domestic Production Capacity:

India’s strong manufacturing base enables consistent supply for exports while supporting imports with a stable and growing consumption market.

Why Choose the Tourism and Hospitality Sector in India?

Rich Cultural and Historical Heritage:

The vibrant culture of India, ancient monuments, and UNESCO World Heritage sites attract travellers around the world each year.

Growing Domestic and International Tourism:

With increasing disposable income and improved infrastructure, both domestic and international tourist numbers continue to rise steadily.

Government Support and Initiatives:

Schemes like Incredible India and Dekho Apna Desh promote tourism, offering incentives and simplified policies for hospitality businesses.

Diverse Travel Experiences:

India offers everything from spiritual retreats and adventure tourism to luxury stays and eco-tourism, attracting varied traveler segments.

Employment and Business Opportunities:

The sector generates millions of jobs and is ideal for entrepreneurs, from running hotels and resorts to travel agencies and tour operations.

Strong Foreign Exchange Earnings:

Tourism is a key source of foreign exchange, contributing significantly to India's economy through international visitor spending.

Why Choose the EdTech Sector in India?

Rapid Digital Adoption:

India has witnessed a surge in digital learning, with increasing smartphone and internet penetration driving EdTech growth across urban and rural areas.

Large Student Population:

With over 250 million school students and millions in higher education, India offers a vast, untapped market for EdTech solutions.

Supportive Government Policies:

Initiatives like NEP 2020 and Digital India encourage online education, innovation, and public-private collaboration in the education sector.

Growing Investment and Funding:

Indian EdTech startups attract strong domestic and international investor interest, making it a high-potential sector for entrepreneurs.

Demand for Skill-Based Learning:

The rising need for vocational training, coding, and job-ready skills has created strong demand for non-traditional, tech-enabled learning platforms.

Global Market Reach:

Indian EdTech platforms are expanding globally, offering scalable models that cater to students worldwide through affordable and flexible online learning.

Why Choose the Fintech Industries Sector in India?

Large Tech-Savvy Population:

With millions of digitally active users, India offers a vast customer base ready to adopt digital banking, payments, and financial services.

Strong Government Support:

Initiatives like Jan Dhan Yojana, UPI, and Digital India have created a favorable ecosystem for Fintech growth and financial inclusion.

Booming Digital Payment Systems:

India leads in digital transactions, with platforms like UPI revolutionizing real-time payments and making fintech solutions mainstream.

High Investment Potential:

The Indian fintech sector attracts significant global investments, offering startups and businesses strong funding opportunities and growth potential.

Innovative Regulatory Framework:

Regulatory bodies like RBI and SEBI are adapting to fintech innovation, ensuring compliance while supporting industry expansion and innovation.

Untapped Rural Market:

A large portion of India's rural population is still under banked, presenting immense opportunities for fintech companies to provide inclusive financial solutions.

For the last 20+ years

I have worked with founders who are driving global impact and solving large-scale problems. I understand your challenges and pain points.

Navigating the complexities of global business can be daunting. At TMG., we take that burden off your shoulders, providing a one-stop shop for legal, tax, and accounting needs across borders. Whether you’re a startup entering new markets or a seasoned company seeking international growth, TMG. scales with you.

We are proud to have empowered over 750+ Growth-Stage Businesses, Unicorns, and Enterprise Clients to navigate the global landscape confidently. We aim to be your trusted advisor, helping you navigate the unknown and establish a strong regional presence.

-Alok Patnia, Managing Partner, TMG
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Your Most Asked Questions Answered

In India, business structures include Sole Proprietorship, where an individual has full control and responsibility; Partnership, which involves two or more individuals sharing ownership and liabilities; Limited Liability Partnership (LLP), combining the flexibility of a partnership with limited liability for its partners; Private Limited Company, a separate legal entity offering limited liability to shareholders; and Public Limited Company, which allows public share offerings and typically operates on a larger scale.

When choosing a business structure for company registration in India, consider factors like the scale of operations, liability, and ownership. A Sole Proprietorship is ideal for small businesses with one owner, while a Partnership suits businesses with multiple owners. An LLP offers limited liability protection and flexibility, whereas a Private Limited Company is better for larger ventures seeking investment. It's important to assess financial requirements, control, and long-term goals before making a decision.

Yes, you can incorporate a company by yourself in India. As a sole founder, you can register a Private Limited Company, provided you meet the legal requirements, including appointing a director, obtaining a Digital Signature, and registering with the Ministry of Corporate Affairs.

If your company name is already taken, you’ll need to choose a different one. The Ministry of Corporate Affairs (MCA) checks for name availability during registration, and if a name is already registered, it cannot be used for your business.

Any individual who is at least 18 years old and has the capacity to enter into a legal contract can become a director of a Private Limited Company. They must also not be disqualified by the Ministry of Corporate Affairs.

The company incorporation process in India typically takes 7 to 15 days, depending on the complexity of the documents and the name approval. Delays can occur if there are issues with documentation, so it's important to submit accurate information.
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