A Private Limited (Pvt Ltd) Company has a more formal structure with directors and shareholders, making it ideal for raising external funds. A Limited Liability Partnership (LLP) is simpler to manage, offers flexibility in its structure, and has lower compliance requirements, making it suitable for professional firms or businesses without immediate funding plans.

Missing deadlines for annual filings with the Registrar of Companies (ROC) can lead to significant penalties that increase daily. It can also result in the company being marked as "non-compliant," affecting its creditworthiness, ability to raise funds, and may even lead to the disqualification of directors.

Typically, the entire process, from name approval to receiving the Certificate of Incorporation, takes about 7-10 working days. This timeline depends on the accuracy of the documents submitted and the processing speed at the Ministry of Corporate Affairs (MCA).

A trademark provides legal protection for your brand name, logo, and slogan. It gives you the exclusive right to use them in your industry and prevents others from using a similar mark, thus protecting your brand identity, reputation, and customer goodwill.

A Founders' Agreement is a crucial document that outlines the roles and responsibilities of each founder, equity ownership, vesting schedules, decision-making processes, intellectual property ownership, and exit clauses. It helps prevent future disputes and aligns all founders from day one.