Tacfinn | Company formation Service | Company Incorporation Service

If you are planning to start a new venture, Team TacFinn can help you do that.

Proprietorship

Starting from ₹ 3,999/- (excluding Government fees)

Timeline: 5-7 working days

Pros

Easy to start and close
Least compliance cost
Least Compliances

Cons

Limited area of operation
No separate taxation
Unlimited liability

Documents required:

1Aadhar card

2Contact details – Mobile number and Email id

3Notarized Rent agreement (if rented) along with NOC from owner

4PAN Card of Individual

5Photo

6Property tax of business premises

7Utility Bill (Electricity, Mobile, Gas) of business premises

Partnership

Starting from ₹ 3,999/- (excluding Government fees)

Timeline: 5-7 working days

Pros

Easy to start and close
Less Compliances
Normal compliance cost
Separate taxation

Cons

Highest tax rate
Unlimited liability

Documents required:

1Aadhar card of all partners

2Contact details – Mobile number and Email id

3Notarized Rent agreement (if rented) along with NOC from owner

4PAN Card of all partners

5Photo of all partners

6Property tax of business premises

7Utility Bill (Electricity, Mobile, Gas) of business premises

Limited Liability Partnership

Starting from ₹ 5,999/- (excluding Government fees)

Timeline: 6-7 working days

Pros

Less Compliances
Limited Liability
Normal compliance cost
Registered under Ministry of Corporate Affairs (MCA)
Separate taxation

Cons

Approval required to shut the business
Highest tax rate
Mandatory annual compliances

Documents required:

1Aadhar card of all partners

2Contact details – Mobile number and Email id

3Notarized Rent agreement (if rented) along with NOC from owner

4PAN Card of all partners

5Photo of all partners

6Property tax of business premises

7Utility Bill (Electricity, Mobile, Gas) of business premises

8Voter Card, Passport or Driving License of the Director

One Person Company (OPC)

Starting from ₹ 5,999/- (excluding Government fees)

Timeline: 6-7 working days

Pros

Limited Liability
PAN India Presence
Registered under Ministry of Corporate Affairs (MCA)
Separate taxation

Cons

Approval required to shut the business
Mandatory annual compliances

Documents required:

1Aadhar card of the Director

2Bank statement of the Director(with bank cover page showing address and latest transaction page)

3Contact details – Mobile number and Email id of the Director

4Notarized Rent agreement (if rented) along with NOC from owner

5PAN Card of the Director

6Photo of the Director

7Property tax of business premises

8Utility Bill (Electricity, Mobile, Gas) of business premises

9Voter Card, Passport or Driving License of the Director

Limited Companies (Private or Public)

Starting from ₹ 6,999/- (excluding Government fees)

Timeline: 6-7 working days

Pros

Limited Liability
PAN India Presence
Registered under Ministry of Corporate Affairs (MCA)
Separate taxation

Cons

Approval required to shut the business
Mandatory annual compliances

Documents required:

1Aadhar card of the Director

2Bank statement of the Director(with bank cover page showing address and latest transaction page)

3Contact details – Mobile number and Email id of the Director

4Notarized Rent agreement (if rented) along with NOC from owner

5PAN Card of the Director

6Photo of the Director

7Property tax of business premises

8Utility Bill (Electricity, Mobile, Gas) of business premises

9Voter Card, Passport or Driving License of the Director

Trust:

Starting from ₹ 7,999/- (excluding Government fees)

Timeline: 7-8 working days

Pros

No Taxation (After approval from Income Tax)
Limited Liability
PAN India Presence
Separate taxation

Cons

Mandatory annual compliances

Documents required:

1Aadhar card of the Trustees

2Contact details – Mobile number and Email id of the Trustees

3Notarized Rent agreement (if rented) along with NOC from owner

4Photo of the Trustees

5Property tax of business premises

6Utility Bill (Electricity, Mobile, Gas) of business premises