Service Offering - New Business Package

We proudly introduce ourselves as a one-stop destination for all new business services. Whether you want to establish an LLP, a sole proprietorship, or

a private limited company – VPRP & Co LLP has you covered! Our expert team caters to all aspects of launching a new business, including accounting, payroll management, business plan development, and more.

Market Studies and Research

Our finance experts conduct industry-specific market research and analyze the feasibility of a startup in India. In-depth market research facilitates easy decision-making for new businesses.

Business Plan Development

Crafting a business plan is crucial for individuals who want to establish a startup in India. We work with business owners to design a new business plan that can attract funding from investors.

Entity Structuring

Entity structuring indicates the various legal forms under which a company can operate. Some forms include sole proprietorship, limited liability partnership (LLP), non-government organization (NGO), and corporation.

Sole proprietorship registration and structuring assist businesses with proper tax liability operations. Furthermore, one of the main advantages of sole proprietorship is that it helps new businesses make better financial decisions.

Incorporation and Regulatory Approvals

Obtaining legal permits by submitting the necessary documents is a major component of our business incorporation solutions. We also help business operations adhere to regulatory approvals.

Optimizing tax liabilities according to the government’s regulations is essential. Customized tax planning and structuring for businesses can help save on taxes.

Tax Planning and Structuring

Internal Risk Controls and Policies

Setting up internal controls and risk management policies is essential for new businesses. It stabilizes the company and earns the stakeholders' trust to attract investments.

Employee Stock Option Advisory

Employee Stock Option Advisory or ESOP services are dedicated to advising employees and companies on stock options to foster a sustainable financial future.

Compliance Support

Businesses require government approvals and permits to function properly. We help new businesses, including LLCs, comply with all regulations.

Accounting and Payroll

Accounting and payroll processing for companies at regular intervals can be complex. Outsourcing solutions can help owners save time and focus on their business operations.

Want to explore new business ideas? Book a strategy session with our team of financial experts today!

FAQs

1. What are the financial requirements of a business?

Depending on a business's size, sector, and goals, its financial requirements can vary. Common financial requirements include startup capital for upfront costs, working capital for ongoing operations, money for growth or expansion, and emergency reserves. Additionally, companies require funds to pay their employees, marketing, inventory, and other company expenses.

2. How would you finance a new business?

There are various ways to finance a new company, including:

● Individual savings

● Family and friend loans

● Bank and credit union business loans

● Entrepreneurs or angel investors

● Small Business Administration (SBA) loan crowdsourcing

● Bootstrapping

3. What documents are required for business finance?

Depending on the type of financing requested, more documentation may be required for the company’s finances. However, the following are commonly required:

● Business strategy

● Financial statements, including cash flow estimates, income statements, and balance sheets

● Information on both personal and business credit

● Individual and business tax returns

● Legal documentation, including contracts, agreements, and company licenses

● The supporting documentation needed to secure a loan

● Identity proof for individuals (such as a passport or driver's license)

● Incorporation and partnership agreements as proof of business ownership

● Bank statements

4. What is the process of registering a new business in India?

Registering a new business in India is guided by the Ministry of Corporate Affairs (MCA), governed by the Companies Act 2013, and varies as per the entity of choice. For instance, if you decide to register your business as a private limited company, start by submitting an application for the Digital Signature Certificate and Director Identification Number (DIN), check if your business name is available, apply for it, and file the EMOA and EAOA. Once you have applied for the PAN and TAN, you can obtain a certificate of incorporation.