Business Formation Services in India
One of the most important decisions entrepreneur need to take while starting the Business is the type of entity that suits him best considering the nature of business and the future growth plans.
Startups face challenges in getting answers and assistance on the various aspects –
- Type of entity (Proprietorship/ Private Limited Company / Limited Liability Partnership (LLP))
- Various registrations (PAN, TAN, Good and Service Tax (GST), Professional Tax (PTRC & PTEC), Employees Provident Fund (EPF) and Employee’s State Insurance Scheme (ESIC)
- Business/ Project reports
The final decision is a function of answers to various questions including the nature of the business, scale of operations, plans of growth, raising funds from the market, taxability of the business, prospective market and customers.
Experts at Team Azalea will facilitate the choice of best suitable mode to start the Online business formation according to your business requirements.
Private Limited Company
“Ideal for startups planning to raise the funds, growing technology & Offshore businesses”
- Better creditability
- Higher confidence of investors/stake holders
- Preferance for investments by Bankers, Angel Investors, Venture Capitalists
- Benefit of limited liability
- Attracts talents easily
Limited Liability Partnership (LLP)
“Ideal for the startups intending to run a small scale business and want to pilot run the business idea.”
- An alternative business form
- Benefits of limited liability
- Flexibility of a partnership.
- Cost effective incorporation
- No minimum capital requirements
- Hassle free compliances
- No Dividend Distribution Tax (DDT) on profits to Partners
One Person Company (OPC)
“Ideal for the small riskier ventures being managed by the individual”
- OPC allows single entrepreneur to start and manage the business
- Benefit of proprietorship
- Protection of owner’s personal assets from the business
Registered Partnership Firm
” Ideal for service providers providing gamut of services”
- Easy formation
- Zero ROC compliance Requirements
- Flexibility of Operations
- Sharing of Risk
- Protection of interest of all partners
Tax Registrations
- PAN/ TAN
- Goods and Service Tax (GST)
- Professional Tax (PTRC & PTEC)
- Employees Provident Fund (EPF)
- Employee’s State Insurance Scheme (ESIC)
Azalea Advisors has been an invaluable help to my business. They have provided excellent service for the registration of our LLP. We are impressed with their professionalism and diligence in everything they did during the registration process. We look forward to working with you guys in the future.
Neha Makdey
Director - Expert Academic Help Services LLP
Payroll was never a problem when we had about 50 employees. However, when the strength increased to 100+, processing payroll became increasingly difficult to manage in-house. The number of man-hours spent on it was too much then we decided that it was the right time to outsource payroll to expert Payroll management consultancy. The relationship with Azalea Advisors has been excellent. Team Azalea has taken care of our company's end-to-end payroll right from employee master creation to processing salary. The implementation process was smooth and efficient and they were able to migrate the entire excel data into the application in weeks time. Their account management team and support team are very responsive. I will definitely recommend them for their payroll services. Looking forward for a continued relationship.
Shashi Kumar
CEO – Grand View Research Private Limited
Azalea Advisors is one stop solution to start your Organization right from the incorporation to handling accounting, compliances and filling returns. I am very impressed with their helpful staff and quick response. They are easy and reliable therefore we have given them to take care of our entire financial process. Excellent services! I will surely recommend to everyone - friendly, hassle free and absolutely affordable services for startups.
Bhawna Bhutani
Director – Global Market Insights Research Private Limited
Azalea Advisors has been handling our company's payroll for more than a year and the overall experience has been more than satisfactory. We save 4 to 5 man-days that can be spent effectively by focusing on our core activities. Their support team and account-management team have been very responsive in handling all our queries.
Charanjeet Singh
Director – Global Market Insights Research Private Limited
Thanks to Azalea Advisors who have helped us in all the formalities while forming the company and made the process very smooth . We received the right kind of co-operation from their team at every step. While they stand out exceptionally in terms of professionalism, Team Azalea is always keen to assist in many other aspects related to business. I personally would recommend them to friends and acquaintances in my circles for their timely assistance, transparency in work, clear and correct information that they provide and their well disposed outlook with each and every client.
Soumya Vilekar
Director - Involute Metal Powder Technologies LLP
