Business Entity Setup (Proprietorship / LLP / Pvt Ltd)
Who needs it: Anyone planning to export as a business. Proprietorship works for small MSMEs; Pvt Ltd / LLP is recommended once turnover crosses ₹40–₹50 lakh or you need external investors.
Documents required
- PAN card of proprietor / directors
- Aadhaar of proprietor / directors
- Address proof of business premises (electricity bill / rent agreement + NOC)
- Passport-size photos
- Cancelled cheque
Step-by-step procedure
- Decide entity type — Proprietorship (fastest), OPC, LLP, or Private Limited.
- For Pvt Ltd / LLP: obtain DSC (Digital Signature Certificate) and DIN via MCA SPICe+ form.
- File incorporation on MCA portal — get Certificate of Incorporation, PAN and TAN.
- Open a Current Account in the entity name with any AD-Category-I bank.
- Register under Shop & Establishment Act with your state municipal body.
- • Proprietorship: skip MCA — go straight to GST + IEC.
- • Use MSME/Udyam registration (free) to unlock priority-sector lending and PSU tenders.