What is the Payment Structure?
Last updated
Last updated
Here's an approximate breakdown of the average professional services fees that businesses in India might incur for assistance in the business registration process. These fees can vary based on the service provider, location, and the specific requirements of the business.
Step
Description
Cost (Approximate)
Choosing Business Structure
Decision on the type of business entity (e.g., Sole Proprietorship, Partnership, Pvt Ltd Company).
N/A
Obtaining DSC (Digital Signature)
Acquiring a Digital Signature Certificate for electronic document signing.
₹800 to ₹2,000 per DSC
Acquiring DIN (Director ID Number)
Obtaining Director Identification Number for company directors.
Included in professional service packages
Filing for Name Approval (RUN)
Reserving a unique name for the business through the RUN service.
₹1,000 to ₹2,000
Drafting MOA and AOA
Preparing the Memorandum of Association and Articles of Association.
Included in professional service packages
Registration with MCA
Submission of incorporation documents and registration with the Ministry of Corporate Affairs.
Government Fees (varies based on authorized capital) + Professional Fees (can range from ₹5,000 to ₹20,000)
Obtaining PAN and TAN
Application for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
₹50 to ₹200 per application
Opening Bank Account
Establishment of a business bank account.
No specific cost (varies by bank)
GST Registration
If applicable based on turnover or business type.
No cost for businesses below the threshold; professional fees for assistance.
Additional Registrations and Licenses
Depending on business type and activities (e.g., Shop and Establishment License, Professional Tax, etc.).
Varies based on specific requirements
Service Package
Description
Average Cost (Approx.)
Basic Package (Sole Proprietorship/Partnership)
Includes assistance in DSC, DIN, name reservation, and MCA registration.
₹5,000 to ₹10,000
Private Limited Company Package
Comprehensive package for Pvt Ltd company registration, including DSC, DIN, name reservation, MOA, AOA, and MCA filing.
₹15,000 to ₹25,000
GST Registration Package
Assistance in obtaining GST registration.
₹2,000 to ₹5,000
Additional Compliance Package
Ongoing compliance support, including filing annual returns, maintaining records, etc.
₹5,000 to ₹15,000 per annum (annual retainer)