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Fees and timelines in 2024

Fees

pay fee by instalmentsIncorporation costs for an Indian LLC in year 1 amount to US$5,200, and annual company costs in year 2 and thereafter amount to US$1,700. The total average engagement fees will be US$27,300, including company incorporation, opening a corporate bank account, VAT and tax registration and all government fees.

Different India entity types Cost Draft invoice
Tax resident LLC US$27,300 View invoice PDF
Public Limited Company US$21,255 View invoice PDF
Branch of a foreign company US$19,555 View invoice PDF
Representative office US$19,385 View invoice PDF
Project office US$19,555 View invoice PDF
Free zone company US$18,455 View invoice PDF
Limited liability partnership US$19,305 View invoice PDF
India nominee LLC (fast solution) US$39,465 View invoice PDF
India import LLC without travel US$29,605 View invoice PDF
Subsidiary company US$27,300 View invoice PDF
Holding company US$15,355 View invoice PDF

Click here to create your own India invoice

Other fee considerations

Timelines

The average India company registration period is 16 weeks as outlined below:

Service LLC India PLC Branch Representative office India project office Free zone company LLP
Engagement Planning 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Company incorporation period 8 weeks 8 weeks 12 weeks 12 weeks 12 weeks 12 weeks 8 weeks
Bank Account approval 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Internet Banking approval 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Engagement completion 1 week 1 week 1 week 1 week 1 week 1 week 1 week
Total engagement period 16 weeks 16 weeks 20 weeks 20 weeks 20 weeks 20 weeks 16 weeks


India business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in India, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon