Commercial & Business Law
Business formation in India involves choosing and registering the right legal structure, such as a private limited company, LLP, partnership, or sole proprietorship. What it is: the legal process of setting up a business entity, including incorporation, obtaining identifiers, and drafting founding documents. When it applies: when entrepreneurs start a venture, bring on co-founders or investors, or convert an existing business into a formal entity. Companies and LLPs are registered with the Registrar of Companies under the Companies Act and LLP Act respectively. How an advocate helps: an advocate advises on the most suitable structure for liability and tax, drafts the memorandum and articles or partnership deed, handles incorporation filings, and sets up founder and shareholder agreements. The advocate also flags licences and compliance obligations relevant to your sector. First steps: decide your business activity, ownership split, and capital; keep identity and address proofs for the promoters ready. Book a consultation to compare structures, understand the registration steps and ongoing compliance, and get your founding documents drafted correctly from the start under Indian company law.