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Direct answers to the questions we hear most often — on incorporation, GST, income-tax notices, and IP. Statutory sections cited, not paraphrased. For matter-specific advice, talk to an advisor.
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Choosing, forming, and converting Indian business entities.
A private limited company is incorporated in 7 to 14 working days through the MCA's SPICe+ (INC-32) integrated form once all director KYC, DSC issuance, and name approval (RUN) steps are complete. Delays occur when address proofs are inconsistent or a proposed name clashes with an existing company on record.
Next stepStart your Pvt Ltd incorporationSPICe+ filing · 7–14 working days · fixed feeA Private Limited Company issues shares, admits institutional investors, supports ESOPs, and is preferred for venture funding. An LLP has partners instead of shareholders, taxes profits only at the entity level (no dividend tax), and is preferred for professional services firms not seeking equity capital. Conversion between the two is possible under Sec. 366 of the Companies Act, 2013.
Next stepCompare entities and registerAdvisor-led scoping · route Pvt Ltd or LLPYes. Every company must declare a registered office within 30 days of incorporation under Sec. 12 of the Companies Act, 2013. A residential address is acceptable if the owner issues a No-Objection Certificate. A virtual office is acceptable only if the provider furnishes a valid utility bill and rent agreement in the company's name.
Next stepRegister or change your officeSec. 12 filing · INC-22 · address proof packThere is no statutory minimum paid-up capital requirement since the Companies (Amendment) Act, 2015. A company may be incorporated with any amount of authorised and paid-up capital. Stamp duty on Form INC-33 varies by state of registration.
Next stepBegin Pvt Ltd registrationNo minimum capital · state-wise stamp duty handledSection
Registration, filings, and responding to statutory notices.
GST registration is mandatory when aggregate turnover exceeds ₹40 lakh for goods (₹20 lakh for services), for interstate suppliers regardless of turnover, for e-commerce operators, for casual taxable persons, and for entities liable under reverse charge. Voluntary registration is permitted for input tax credit access.
Next stepFile your GST registrationREG-01 · GSTIN in 3–7 working daysGST registration is issued in 3 to 7 working days once the application (Form REG-01) and supporting documents are submitted. Aadhaar authentication of the authorised signatory reduces processing time; if declined, physical verification of the principal place of business is triggered and adds 15 to 30 days.
Next stepStart GST registrationAadhaar-authenticated · GSTIN in 3–7 daysA Sec. 143(2) notice initiates scrutiny assessment and must be responded to within the specified timeline, typically 15 to 30 days. Do not ignore it — engage a tax advisor to review the notice, reconcile the flagged items, and file a substantive response through the Faceless Assessment portal along with supporting documentation.
Next stepGet help with your tax noticeFaceless Assessment response · advisor-reviewedA private limited company must file Form AOC-4 (financial statements) within 30 days of the AGM, Form MGT-7 (annual return) within 60 days of the AGM, DIR-3 KYC for each director annually, and income-tax return by 31 October (audit cases). Board meetings must be held at least four times per year with a maximum gap of 120 days between meetings.
Next stepSet up annual complianceAOC-4 · MGT-7 · DIR-3 KYC · ITRSection
How we structure engagements, fees, and confidentiality.
Every engagement is quoted on a fixed-fee basis after a scoped review by an advisor. The engagement letter separates advisory fees, statutory government fees, and applicable GST line-by-line. We do not charge for the initial matter review. Hourly billing is reserved for open-ended advisory work and is disclosed upfront.
Talk to an advisorEvery file has a named advisor as your single point of contact for the duration of the engagement — not a rotating support queue. A second advisor reviews every filing and every notice response before it goes out.
Talk to an advisorYes. All client communications are treated as strictly confidential and shared only within your engagement team. Documents are stored in an encrypted data room with role-based access scoped to your matter, timestamped audit trails, and no third-party sharing without your written consent.
Talk to an advisorYes. SP & SC works with founders, growing companies, and established enterprises across India, coordinating filings and registrations wherever required. Client meetings are conducted over secure video conferencing with documents exchanged via the encrypted data room.
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