Business Registration in Pune
Rahul R. Mohite & Co., Chartered Accountants assists with setting up a proprietorship, partnership firm, LLP or private limited company, and with the registrations a new business needs. CA Rahul R. Mohite (ICAI Membership No. 622387) handles each engagement himself.
What the work covers
- Comparing structures: proprietorship, partnership firm, LLP and private limited company
- Proprietorship: setting up through registrations such as GST, Udyam and the Shop and Establishment intimation or registration
- Partnership firm: drafting the partnership deed, stamp duty and registration with the Registrar of Firms, Maharashtra
- LLP: name reservation, incorporation, and filing the LLP agreement
- Private limited company: incorporation through SPICe+, with PAN, TAN and other registrations
- Digital signature certificates, and the first compliances after registration
Who it applies to
- Individuals starting a business or profession in Pune
- Partners forming a firm or converting a firm to an LLP
- Founders incorporating a private limited company
- Existing businesses adding a new registration
Documents usually needed
- PAN and Aadhaar of the proprietor, partners or directors
- Recent photographs and proof of residential address
- Proof of the business address: rent agreement or ownership document, and a recent utility bill
- No-objection letter from the owner of the premises, if rented
- Proposed business name and a description of activities
- Details of capital contribution and profit sharing, for firms and LLPs
Process
| 1 | Discuss the business and choose the structure |
|---|---|
| 2 | Check name availability and prepare the documents |
| 3 | Obtain digital signatures where needed |
| 4 | File the registration or incorporation application |
| 5 | Obtain PAN, TAN, GST and other registrations that apply |
| 6 | Set out the first-year compliance calendar |
Key provisions
| Proprietorship | No separate registration of the entity; the business operates under the proprietor’s PAN |
|---|---|
| Partnership firm | Governed by the Indian Partnership Act, 1932; registration is optional but has legal benefits |
| LLP | Governed by the LLP Act, 2008; at least two designated partners, one of whom is resident in India; LLP agreement to be filed within 30 days of incorporation |
| Private limited company | Governed by the Companies Act, 2013; at least two directors and two shareholders; declaration of commencement of business within 180 days |
The scope of each engagement is agreed in writing after understanding your requirement.
Related guides
Questions
Which structure should I choose for a new business?
It depends on the number of owners, the need to limit liability, plans to raise funds, and the compliance cost you can carry. A proprietorship is the simplest; an LLP or a private limited company limits liability but has more filings.
Does a proprietorship need to be registered?
There is no registration of a proprietorship as such. It is identified through registrations taken in the proprietor’s name, such as GST, Udyam, and the Shop and Establishment intimation (registration is needed only where the establishment has 20 or more workers).
Is registration of a partnership firm compulsory in Maharashtra?
Registration is optional under the Indian Partnership Act, 1932, but an unregistered firm cannot file certain suits to enforce its rights. In Maharashtra, an application made after the time allowed under the state amendment attracts a penalty. Stamp duty applies to the partnership deed under the Maharashtra Stamp Act, 1958.
How many people are needed to form an LLP or a private limited company?
An LLP needs at least two designated partners. A private limited company needs at least two directors and two shareholders, and a One Person Company can be formed by one individual who is an Indian citizen.
What has to be done after incorporation?
Common first steps include opening a bank account, appointing the first auditor (by the Board within 30 days), filing the declaration of commencement of business for a company (within 180 days), and taking GST and other registrations that apply.
General information only, not professional advice. Provisions are to be read with the Income-tax Act, 2025, or the Income-tax Act, 1961 for earlier years, and other laws in force from time to time. Thresholds and dates may change by notification.