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Complete guide: entity types, registration, costs, taxes, labor laws, and break-even analysis
~42 days
Setup Time
~$140
Setup Cost
25.17%
Corporate Tax
100%
Foreign Ownership
#63
Ease of Business
| Entity | Min Capital | Foreign % | Liability | Min Shareholders | Best For |
|---|---|---|---|---|---|
Private Limited Company प्राइवेट लिमिटेड कंपनी | None | 100% | Limited | 2 | Most credible entity for foreign investors — 100% FDI via automatic route in most sectors |
Limited Liability Partnership (LLP) | None | 100% | Limited | 2 | Professional services, smaller ventures — no minimum capital |
Branch Office | None | 100% | Unlimited | 0 | Manufacturing, trading — RBI approval required |
Wholly Owned Subsidiary | None | 100% | Limited | 1 | Full control by foreign parent — treated as Indian entity for tax purposes |
Obtain Digital Signature & DIN
Digital signature certificate for directors + Director Identification Number
1-3 days
~$25
MCA
Reserve Company Name (RUN)
Apply via Reserve Unique Name service on MCA portal
1-3 days
~$15
MCA
File SPICe+ Form
Simplified Proforma for Incorporating Company Electronically — includes PAN, TAN, GST
3-10 days
~$100
MCA / ROC
Open Bank Account
Open corporate account with incorporation certificate
1-5 days
Free
Commercial Bank
Register for GST
Mandatory if revenue >Rs 40L (goods) or Rs 20L (services)
3-7 days
Free
GST Network
Register with EPFO & ESIC
Employee provident fund and state insurance if 20+ employees
3-14 days
Free
EPFO / ESIC
$80/mo
Minimum Wage
$500/mo
Average Wage
48 hrs/week
Work Hours
15 days/year
Paid Leave
2 weeks/year
Severance
12.5% of salary
Employer Social Security
12% of salary
Employee Social Security
Required
Foreign Worker Permit
Foreign Worker Quota: Employment visa required — no formal quota but must prove skill not available locally
#63/190
Ease of Business Rank
14 days
Starting a Business
58 days
Registering Property
1445 days
Enforcing Contracts
39/100
Corruption Perception
52%
Internet Penetration
INR
Currency
UTC+5:30
Time Zone
12
Retail (months)
10
F&B (months)
10
Tech (months)
20
Manufacturing (months)
8
Services (months)