Entity Setup
Establishing a legal structure or entity for a business or
organization.
WHAT WE DO
Entity setup refers to the process of establishing a legal structure or entity for a business or organization.
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This choice of entity structure has significant implications for various aspects of the business, including liability, taxation, management, and compliance. Here are some key points to note about entity setup.
Types of Entities
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There are several common types of business entities, including One Person Company, Private Limited Company, Public Limited Company, Limited Liability Partnership, Branch office and Liaison office. The choice of entity depends on factors such as the nature of the business, ownership structure, liability considerations, and tax implications
In summary, entity setup is a foundational step in establishing a business or organization. The choice of entity has far-reaching consequences, impacting liability, taxation, governance, and more. At Navup our experts will ensure that you understood the entity setup requirements and other obligations before a decision is made. Some of the other areas wherein we extend help post entity setup is obtaining the statutory registrations. This include:
PAN and TAN.
Goods and Service Tax (GST).
Import and Export Code (IEC).
Employee Provident Fund (EPF) and Employee State Insurance (ESI) .
Other business related registrations.
