BUSINESS REGISTRATION PLANS

* Below prices indicate starting prices.

In India, entrepreneurs can choose from various business structures, each with distinct features, costs, registration durations, and benefits. Here’s an overview:

Sole Proprietorship

Price: ₹ 1000/- to ₹ 3000/-

Duration: 5 - 10 Days

A business owned and managed by a single individual.

Partnership Firm

Approx ₹ 5,000 to ₹ 10,000.

Duration: 10 - 15 Days

A business owned by two or more individuals sharing profits and liabilities.

OPC Private Limited

Approx ₹ 15,000 to ₹ 20,000.

Duration: 15 - 20 Days

A company structure allowing a single individual to own and manage, enjoying limited liability.

LLP (Limited Liability Partnership)

Approx ₹ 15,000 to ₹ 20,000.

Duration: 15 - 20 Days

A partnership where partners have limited liabilities, combining benefits of a partnership and a company.

Private Limited

Approx ₹ 15,000 to ₹ 25,000.

Duration: 15 - 20 Days

A privately held company with limited liability, restricting share transfers.

Public Limited

Approx ₹ 30,000 to ₹ 50,000.

Duration: 30 - 40 Days

A company whose shares are publicly traded, with no limit on the number of shareholders.

Note: The costs and durations mentioned are approximate and can vary based on professional service fees, state-specific charges, and other factors.

Choosing the appropriate business structure depends on factors like the nature of the business, capital investment, liability concerns, and future expansion plans.