Bengaluru is India's startup capital with a thriving ecosystem. If you're planning to start a business, this guide covers everything about startup registration in Bengaluru - from choosing the right business structure to compliance requirements. Balu Associates has helped hundreds of startups get registered and compliant.
Types of Business Structures in India
1. Sole Proprietorship
- Best for: Small businesses, freelancers
- Liability: Unlimited personal liability
- Registration: No formal registration required
- Compliance: Minimal
2. Partnership Firm
- Best for: Small to medium businesses with 2+ partners
- Liability: Unlimited joint liability
- Registration: Optional but recommended
- Compliance: Moderate
3. Limited Liability Partnership (LLP)
- Best for: Professional services, consulting firms
- Liability: Limited to contribution
- Registration: Mandatory with MCA
- Compliance: Moderate
4. Private Limited Company
- Best for: Startups seeking funding, scalable businesses
- Liability: Limited to share capital
- Registration: Mandatory with MCA
- Compliance: High but structured
Private Limited Company Registration Process
- Obtain DSC (Digital Signature Certificate) for all directors
- Apply for DIN (Director Identification Number)
- Name Reservation through RUN (Reserve Unique Name)
- File SPICe+ Form with MCA
- Submit MOA and AOA
- Receive Certificate of Incorporation
- Apply for PAN and TAN
- Open Bank Account
Documents Required for Company Registration
- PAN Card of all directors
- Aadhaar Card of all directors
- Passport-size photographs
- Address proof (Passport/Voter ID/Driving License)
- Registered office address proof
- NOC from property owner
- Utility bill (not older than 2 months)
MSME/Udyam Registration
Udyam Registration (formerly MSME registration) provides various benefits to small businesses:
MSME Classification
| Category | Investment | Turnover |
|---|---|---|
| Micro | Up to ₹1 Crore | Up to ₹5 Crore |
| Small | Up to ₹10 Crore | Up to ₹50 Crore |
| Medium | Up to ₹50 Crore | Up to ₹250 Crore |
Benefits of MSME Registration
- Priority sector lending from banks
- Lower interest rates on loans
- Government tender preference
- Subsidy on patent registration
- Protection against delayed payments
- Tax benefits and exemptions
Startup India Registration
Register under Startup India initiative for additional benefits:
- Tax exemption for 3 consecutive years
- Self-certification for labor and environment laws
- Fast-track patent application
- Easy winding up process
- Access to Fund of Funds
Eligibility for Startup India
- Entity should be less than 10 years old
- Annual turnover less than ₹100 crore
- Working towards innovation or improvement
- Not formed by splitting or reconstruction
Essential Registrations for Startups
- Company/LLP Registration - Legal entity formation
- PAN & TAN - Tax identification
- GST Registration - If turnover exceeds threshold
- MSME/Udyam Registration - For benefits
- Startup India Registration - For tax benefits
- Professional Tax Registration - State-specific
- Shop & Establishment License - For office
- ESI & PF Registration - If hiring employees
Startup Registration Costs in Bengaluru
| Registration | Government Fee | Professional Fee |
|---|---|---|
| Private Limited Company | ₹5,000 - ₹15,000 | ₹8,000 - ₹15,000 |
| LLP Registration | ₹3,000 - ₹8,000 | ₹6,000 - ₹10,000 |
| GST Registration | Free | ₹999 - ₹2,000 |
| MSME Registration | Free | ₹500 - ₹1,000 |
| Startup India | Free | ₹1,000 - ₹2,000 |
Start Your Business Journey Today!
Balu Associates provides complete startup registration services in Bengaluru - from company formation to GST registration and compliance. We've helped 100+ startups get started.
Get Startup Advisory Call +91 9535725179Startup Services by Balu Associates
- ✅ Company/LLP Registration - End-to-end support
- ✅ MSME/Udyam Registration
- ✅ Startup India Registration
- ✅ GST Registration & Filing
- ✅ Accounting & Bookkeeping
- ✅ Annual Compliance - ROC filings, ITR, GST
- ✅ Payroll & ESI/PF
