Starting a business in India? Setting up a private limited company in India is a popular choice for foreign companies due to its flexibility, limited liability, and credibility. At BGA Advisory, we simplify the process for businesses from Turkey, UAE, Saudi Arabia, Japan, and South Korea. Here’s everything you need to know about company setup in India.
Why Choose a Private Limited Company?
A private limited company offers benefits like limited liability, separate legal entity status, and ease of raising capital, making it ideal for new business setup in India. It’s perfect for startups, SMEs, and foreign companies looking to establish a presence in India’s booming market.
Steps to Setup a Company in India
- Obtain Digital Signature Certificate (DSC): Required for all directors to file online forms securely.
- Director Identification Number (DIN): Unique ID for directors, obtained via the MCA portal.
- Name Reservation: Choose a unique name and reserve it through the SPICe+ form.
- Incorporation Filing: Submit Memorandum and Articles of Association with SPICe+.
- PAN and TAN: Automatically issued upon incorporation for tax purposes.
- Bank Account Opening: Open a corporate bank account to start operations.
Company Setup Cost in India
The company setup cost in India varies based on government fees, professional charges, and compliance requirements. On average, expect costs starting at ₹7,999 for basic registration, excluding additional services like GST registration or trademark filing. BGA Advisory offers transparent pricing with no hidden charges.
Why Partner with BGA Advisory?
With over 10 years of expertise, BGA Advisory streamlines setting up a business in India by handling DSC, DIN, name approval, and filings. We ensure compliance with FEMA/RBI regulations, especially for foreign companies from Turkey, UAE, Saudi Arabia, Japan, and South Korea.