📖 About This Step
The complete administrative setup: company incorporation, PAN/TAN, bank account, GST registration, and the first 90 days of compliance Indian founders almost always get wrong.
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Tasks (6)
6 tasks total
1
Choose entity type — Pvt Ltd vs LLP vs OPC
For startups raising future capital, Pvt Ltd. For 2-founder service businesses, LLP. For solo founders not raising, OPC. Decide once, expensive to change.
2
Apply for DSC + DIN
Both required for filing SPICe+. Get DSC from eMudhra or Sify (Rs 1500). DIN auto-allotted during incorporation.
3
File SPICe+ on MCA portal
Includes name reservation, MOA, AOA, incorporation. Use a CA or Vakilsearch — they'll handle the form. Rs 6000-10000 all-in.
4
Apply for PAN, TAN, and open current account
Bundled with SPICe+. Open current account at HDFC, ICICI, or Axis — bring incorporation certificate, MOA, AOA, board resolution.
5
Register for GST when turnover crosses Rs 20 lakh
Voluntary registration before turnover threshold helps if you have B2B customers. Mandatory above Rs 20 lakh (Rs 10 lakh for special category states).
6
Set up basic monthly compliance
TDS quarterly, ROC annual filing, GST monthly. Use Cleartax, Quicko, or hire a virtual CFO at Rs 8000-15000/month.
📅 Daily Plan View
2 days
Task 1
Choose entity type — Pvt Ltd vs LLP vs OPC
3 days
Task 2
Apply for DSC + DIN
7-12 days
Task 3
File SPICe+ on MCA portal
7 days
Task 4
Apply for PAN, TAN, and open current account
5 days
Task 5
Register for GST when turnover crosses Rs 20 lakh
Ongoing
Task 6
Set up basic monthly compliance
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