How SNS Legal Aid Handles Business Formation & Structuring?
At SNS Legal Aid, we approach business formation with a 360-degree strategic perspective. Our expert legal team evaluates your business goals, risk profile, industry, and future growth roadmap to determine the most suitable business structure—whether it’s a Private Limited Company, LLP, OPC, Partnership, or a Section 8 Company.
We provide end-to-end support, from name reservation, DIN/DSC acquisition, and drafting incorporation documents to post-incorporation compliance and licensing. We also guide startups and entrepreneurs in choosing investor-friendly and tax-efficient structures, ensuring compliance with regulatory and governance norms. Each structure is tailor-made for scalability and legal robustness, minimizing liabilities and ensuring long-term success.
Laws and Acts Involved
- Companies Act, 2013
- Limited Liability Partnership Act, 2008
- Indian Partnership Act, 1932
- Start-up India Scheme Guidelines
- FEMA (Foreign Exchange Management Act), 1999 (for foreign investment structures)
- Income Tax Act, 1961 (for tax structuring)
- SEBI regulations (if planning for fundraising or IPO)
Services We Provide in Business Formation & Structuring
- Legal consultation on best-fit entity type
- Company/LLP/OPC/NGO registration
- Drafting MOA, AOA, LLP Agreements & Partnership Deeds
- Tax-efficient structuring advice
- Foreign company registration & FEMA compliance
- Startup recognition and DPIIT registration
- Licensing (FSSAI, GST, Shops & Establishment, etc.)
- Conversion of entities (e.g., Proprietorship to LLP)
- Post-incorporation compliances
- PAN, TAN, and bank account assistance
Frequently Asked Questions (FAQs)
It depends on factors like funding plans, scalability, taxation, and liability concerns. Most funded startups prefer Private Limited Companies due to investor-friendly provisions.
Yes, under the FEMA guidelines, NRIs and foreign nationals can register a company in India with at least one Indian resident director. FEMA and RBI regulations must be complied with.
An LLP offers operational flexibility with limited compliance, while a Private Ltd Company is more structured and investor-ready but involves stricter compliance norms.
Yes, a physical address in India is necessary. However, virtual offices in major cities are also acceptable under certain jurisdictions.
Yes, with proper legal documentation and ROC procedures, conversion is possible and often advisable for growth and funding purposes.
Typically, it takes 7–15 working days if all documents are in place. Delays can occur due to name rejection or document discrepancies.
No. All procedures are now fully online through the MCA portal, and our team handles the complete filing and follow-up on your behalf.
You must open a bank account, get GST registered (if applicable), appoint an auditor, and file ROC and tax compliances periodically.
Yes, under FEMA regulations, with RBI approval, a foreign entity can open a liaison/branch/project office in India.
A strong legal structure avoids future disputes, simplifies tax filings, attracts investors, and supports smooth business scaling and compliance.