Setting up of Business

Doing business in India has improved in the last few years. Among the chosen 190 countries, India ranked 63rd in Doing Business 2020: World Bank Report. In 2014, the Government of India launched an ambitious program of regulatory reforms aimed at making it easier to do business in India.

Setting up of a Business in India can be in form of Sole Proprietorship, Partnership Firms, Limited Liability Partnership (LLP) or Companies. To start a business, person can choose any of the following entities:

India has emerged as one of the most attractive destinations not only for investments but also for doing business. India jumps 79 positions from 142nd (2014) to 63rd (2019) in ‘World Bank’s Ease of Doing Business Ranking 2020’. So if a foreigner or a person not resident in India wants to start business in India, they can choose any of the following types:

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