Business Registration & Compliance
Choose the right legal form. Reduce risk. Unlock growth.
Drishti Consultancy Services advises and assists entrepreneurs in selecting and implementing the optimal business constitution—Proprietorship, Partnership or Private Limited Company—and in meeting all post-registration statutory compliances so your enterprise is legally sound and commercially scalable.
Which structure suits your business? — clear, legal guidance
Proprietorship
Ideal for single-owner ventures and professionals, a proprietorship is economical, quick to form and simple to operate. It offers minimal regulatory formalities and direct control of business decisions. However, the proprietor bears unlimited personal liability for business obligations, which is an important legal consideration when assessing risk.
Partnership
Suitable where two or more persons combine complementary skills or capital. A partnership provides shared management, flexible profit-sharing and lower formation costs compared with a company. It should be governed by a clear partnership deed that sets out capital contribution, roles, profit-sharing, dispute resolution and exit mechanisms to avoid future disputes and legal exposure.
Private Limited Company
The preferred choice for investors, growing SMEs and businesses planning external funding. A private limited company is a separate legal entity, which limits shareholder liability, enables easy transfer of ownership, offers stronger corporate governance and enhances credibility with banks, customers and institutional clients. It does, however, involve greater regulatory compliance and formalities (board meetings, statutory filings, maintenance of records).
Practical strategy — start simple, scale legally
Many entrepreneurs start as a proprietorship to validate the business model and later migrate to a private limited company when growth, investor interest or regulatory considerations make incorporation advantageous. Drishti Consultancy Services prepares the roadmap for migration—document updates, statutory filings, share allotment, and compliance transition—so the changeover is legally compliant and operationally seamless.
Essential post-registration compliances (what you must not overlook)
Registration is the first step; consistent compliance protects your business from penalties and reputational harm. Common statutory obligations after registration include (as applicable):
- GST registration and timely return filing when turnover or supply conditions require.
- Shops & Establishment / Commercial Establishment registration and local licence renewals.
- Labour compliances such as Provident Fund (PF), Employees’ State Insurance (ESI), Professional Tax and Labour License where thresholds apply.
- MSME / Udyam registration to access priority schemes and benefits.
- Annual statutory filings, board minutes and maintenance of corporate records for companies.
Our team audits your obligations, creates a compliance calendar, prepares filings and represents you before regulatory authorities to minimise legal exposure.
Why engage expert counsel & consultancy
Selecting a business form and maintaining compliance are legal decisions with commercial consequences. We help you:
- Assess liability, tax, funding and governance implications of each structure.
- Draft foundational documents (partnership deed, shareholders’ agreement, memorandum & articles).
- Execute registrations and manage ongoing filings (tax, labour, statutory returns).
Ready to register or restructure your business?
Drishti Consultancy Services delivers end-to-end business registration and compliance services—from formation and documentation to ongoing statutory management—so your business is legally protected and positioned for growth. Contact us today to schedule a consultation and receive a personalised incorporation and compliance plan.
- Provide practical compliance systems that integrate with payroll, accounting and operations.