Business Formation. Structure decided before it is registered.

Choosing between a proprietorship, LLP, private limited company or a holding structure looks like a registration formality. In practice it decides how profits are taxed, how easily capital can be raised, how liability is contained, how founders exit, and how much compliance the business will carry for its entire life.

We start from the intended shape of the business three to five years out — external funding, family succession, multi-state operations, related-party trade, ESOPs — and then work backwards to the structure that makes those futures cheap rather than expensive.

Shareholding splits, vesting, reserved matters, transfer restrictions and deadlock resolution belong in documents signed while the founders still agree. We draft the constitutional documents, shareholders' or partners' agreements and board process so control and economics are explicit.

Where a group already exists, we review cross-holdings, related-party flows and thin capitalisation exposure, and design a clean-up path that does not disturb ongoing operations.

Incorporation is only the first of a set: PAN and TAN, GST, professional tax, Shops & Establishment, PF and ESIC thresholds, Udyam, IEC for exporters and sector licences. Missing one usually surfaces as a penalty or a blocked bank account months later.

Each new entity leaves our desk with a registration register, a first-year compliance calendar and named owners for every recurring obligation.