What is the Payment Structure?

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

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.

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)

Last updated