Home  / Value Added Advisory / Business Setup Advisory

Business Setup Advisory – Expertvuw
Advisory · Starting a Business

Business Setup Advisory: Choosing the Right Structure in India

Last updated: 2 October 2026

Proprietorship, partnership, LLP, One Person Company or private limited company: the right choice depends on who is involved, how you plan to raise money, the liability you are prepared to carry, and the compliance you can manage. We walk through the options with you, then handle incorporation and the registrations that follow.

Overview

How to choose a business structure

Each structure has a different legal identity, liability, tax treatment and compliance load. A sole proprietorship is simple to start but the owner is personally liable. A partnership firm under the Indian Partnership Act, 1932 is also based on unlimited liability. An LLP under the LLP Act, 2008 offers limited liability with a flexible internal agreement. A private limited company under the Companies Act, 2013 is usually preferred where outside investors or ESOPs are planned. A One Person Company allows a single founder to have a company, subject to conditions.

The questions that decide the choice are practical. Will you bring in investors? How many founders are there? Will you hire employees and offer stock options? Do customers or government tenders require a particular form? What compliance cost is reasonable at your stage?

Once the structure is chosen, we handle incorporation and the registrations that usually follow, such as PAN and TAN, GST where applicable, Udyam, a bank account and, for eligible entities, Startup India recognition. Tax planning questions are referred to independent Chartered Accountants.

Based on the Companies Act, 2013, the LLP Act, 2008 and the Indian Partnership Act, 1932. Last updated: 27 September 2026.

Talk to Our Team →
What This Service Covers

What the advisory covers

1

Comparison of structures for your specific situation

2

Founder roles, shareholding or profit-sharing

3

Incorporation of company, OPC or LLP

4

Registrations after incorporation: GST, Udyam, Startup India, Shops Act

5

First-year compliance calendar

Key facts at a glance

Private limited company

Minimum two directors and two members; up to 200 members

One Person Company

One member, who must be an Indian citizen resident in India

LLP

Minimum two partners; at least one designated partner resident in India

Company incorporation

SPICe+ form on the MCA portal

LLP incorporation

FiLLiP form on the MCA portal

Commencement

Companies with share capital file INC-20A within 180 days

Options Compared

Why structured advice helps

Changing structure later is possible but takes time and cost. A short discussion at the start avoids most of it.

Based on your plans

The recommendation follows your funding, hiring and customer plans, not a standard template.

Setup handled end to end

Name approval, incorporation and follow-on registrations are handled by one team.

Compliance from day one

You leave with a calendar of what is due in the first year.

Documents & Process

Related services

Related services.

Startup India Recognition

DPIIT recognition for eligible startups.

MSME Udyam Registration

Udyam registration for micro, small and medium enterprises.

GST Registration

Registration where turnover or activity requires it.

Annual Retainership

Ongoing compliance after setup.

Documents Required

Documents we need from you

Founder documents

Business documents

Our Process

How the process works

1

Consultation

We discuss founders, funding plans, activities and customer requirements.

2

Structure note

A short comparison of suitable structures with a recommendation.

3

Name and documents

Name options are checked and incorporation documents are prepared.

4

Incorporation

SPICe+ for companies or FiLLiP for LLPs is filed on the MCA portal.

5

Registrations

GST, Udyam, Startup India and local registrations as applicable.

6

Handover

Certificate, PAN, TAN and a first-year compliance calendar.

Talk to Our Team →
After Setup

After setup

What comes next in the first year:

Bank account

Opened using the incorporation documents.

First board meeting and auditor

For companies: first board meeting and appointment of the first auditor within 30 days.

Commencement declaration

INC-20A for companies with share capital within 180 days.

Ongoing compliance

Meetings, filings and returns through the year.

Get in Touch

Share your query and our team will reply during business hours.






    FAQs

    Frequently Asked Questions

    Which is better for a startup: LLP or private limited company?

    If you plan to raise equity from investors or offer ESOPs, a private limited company is usually more suitable. An LLP can suit professional or service businesses with fewer outside investors.

    Yes, as a One Person Company. The member must be an Indian citizen resident in India, and an OPC can later be converted to a private limited company.

    Yes, subject to conditions, including the requirement for at least one resident director or designated partner and FEMA rules on foreign investment.

    It depends on name approval and MCA processing. Documents in order and a clear name help avoid resubmissions.

    We cover the structural and compliance aspects. Detailed tax planning is referred to independent Chartered Accountants.

    About Expertvuw

    Who handles your case

    CS Chetna Shoor, Company Secretary and Director, Expertvuw

    CS Chetna Shoor

    ACS – Director, Expertvuw Management Pvt Ltd

    Advisory and company secretarial work is handled by Expertvuw’s team. Audits, certifications and representation that the law reserves for Chartered Accountants, advocates or other licensed professionals are provided by independent professionals engaged for your case.

    Expertvuw Management Pvt Ltd