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ITR Filling - Corporate & Individuals
Company Registration Licenses & Registrations Corporate Compliance Convert your business Shop Registration Labour Compliance GST and All other Taxs

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Online Company Registration

Online company registration is the procedure for incorporating an existing firm or registering a new one using a website or online platform.

A particular sort of business structure that is registered as a different legal entity from its owners is a private limited company. It can raise money by issuing shares, has a distinct legal character, and limits on shareholder liability.

The flexibility of a partnership and limited liability protection offered by a company are combined in an LLP, a sort of corporate structure. It has a distinct legal identity and is registered as a separate legal entity from its partners.

An OPC is a sort of corporate structure that enables a one person to own and manage a corporation. It has a different legal personality from its owner and is registered as a separate legal entity.

A business structure called a sole proprietorship allows one person to own and run the company. The owner is legally liable for all of the company's obligations and liabilities, and there is no separation between the owner and the business.

A Nidhi business is a non-banking financial business (NBFC) that was established with the sole aim of encouraging its members to practice frugal living and conserving money

A producer company is a particular kind of business created by 10 or more people who are either actively producing primary produce or have the intention of engaging in any activity linked to primary produce

When two or more people jointly own and run a business, this sort of business organization is known as a partnership firm.

Licenses & Registrations

Depending on the sort of business and the sector it serves, different licences and registrations may be needed to launch it. Business licences, tax registrations, permits for particular operations, and certifications and licences specific to certain industries are a few examples of common licences and registrations.

An electronic signature that is used to verify the signer's identity and guarantee the truthfulness of the document or message being signed is known as a digital signature certificate.

Small and medium-sized businesses can register with the government through the MSME/SSI Registration process to take advantage of the many incentives and programmes offered by the government

Through the ISO Certification process, a business can receive certification from the International Organisation for Standardisation (ISO) for adhering to particular quality management requirements.

According to the Food Safety and Standards Act of 2006, all enterprises in India that deal with food are required to register with the FSSAI. It guarantees that the company's food items are produced, stored, or delivered in accordance with particular safety requirements.

Businesses that import or export goods or services from India are given an Import/Export designation (IEC), a 10-digit designation, by the Directorate General of Foreign Trade (DGFT).

The Bureau of Indian criteria (BIS) can certify a product as satisfying specific quality and safety criteria through the BIS Registration process.

Corporate Compliance

Corporate compliance is the collection of rules, guidelines, and practices that a company uses to make sure it complies with all applicable laws, rules, and moral principles.

A company's financial records and transactions are examined annually to make sure they are accurate and compliant with accounting rules.

RBI Compliance is the term used to describe the set of rules and directives that the Reserve Bank of India (RBI) has given and that all Indian banks and financial institutions must abide by in order to conduct themselves morally and lawfully.

A balance sheet is a type of financial statement that gives a quick overview of a company's financial situation at one particular time. It displays the assets, liabilities, and equity of the business.

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A Proprietorship can become a Private Limited Company for a number of reasons, including:As a Private Limited Company, the owners' or shareholders' liability is constrained to the value of their ownership stake. In the event that the business experiences financial difficulties, this means that the owners' personal assets are safeguarded.

Additional sources of funding A Private Limited Company can raise money for the firm by selling shares and soliciting investments. Enhanced credibility: A Private Limited Company has a distinct legal identity, which can boost its standing in the marketplace.

As an LLP, the liability of the partners is limited to the amount of their contribution. This means that the personal assets of the partners are protected in case the LLP faces financial difficulties.

More funding opportunities: A Public Limited Company can raise funds from the public by issuing shares, which can be beneficial for expanding the business.

  • Tax Benefits: An OPC is taxed like any other company, which can provide tax benefits compared to a sole proprietorship.
  • Separate Legal Entity: An OPC is a separate legal entity from its owner, which can improve its credibility and reputation in the market.
  • Limited Liability: As an OPC, the liability of the sole shareholder is limited to the extent of his/her shareholding.

Labour Compliance

Labour Compliance refers to the legal framework that governs the relationship between employers and employees. It includes various laws, rules, and regulations that ensure the protection of workers' rights and welfare.

ESI (Employee's State Insurance) Registration is a mandatory registration process that businesses with 10 or more employees (in some states, the threshold is 20 employees) need to undergo to provide health insurance benefits to their employees.

Provident Fund (PF) Registration is a mandatory registration process that businesses with 20 or more employees (in some states, the threshold is 10 employees) need to undergo to provide retirement benefits to their employees.

Professional Tax is a tax levied by state governments on salaried employees, professionals, and traders for practicing their profession or conducting their business.

A Shops and Establishments License is a mandatory registration that all businesses operating within a state must obtain. This license is issued by the respective state government and is meant to regulate the working conditions of employees in shops, commercial establishments, and other businesses.

An Employee Stock Option Plan (ESOP) is a program that allows employees of a company to purchase a certain number of company shares at a discounted price.

POSH Compliance refers to compliance with the Prevention of Sexual Harassment (POSH) of Women at the Workplace Act, 2013. This act mandates that all employers in India with more than 10 employees implement policies and procedures to prevent sexual harassment in the workplace.

GST and All other Taxs

GST (Goods and Services Tax) is an indirect tax that is levied on the supply of goods and services in India. It was implemented on July 1, 2017, to replace multiple indirect taxes such as Central Excise Duty, Service Tax, Value Added Tax (VAT), etc.

Any business or individual that engages in the supply of goods or services in India and has an annual turnover exceeding Rs. 40 lakhs (for goods suppliers) or Rs. 20 lakhs (for service providers) is required to register for GST.

GST Filing refers to the process of filing GST returns on the GST portal. It involves furnishing details of sales, purchases, and tax paid to the government for a specific period.

GST Advisory is a service provided by professionals to help businesses comply with the GST laws and regulations. It involves providing advice and guidance on various aspects of GST, such as registration, filing returns, availing input tax credit, etc.

TDS (Tax Deducted at Source) Return Filing refers to the process of filing the details of TDS deducted and deposited by a business or individual to the Income Tax Department.

Individual Income Tax Filing refers to the process of filing income tax returns by individuals for the income earned during a financial year.

Proprietorship Tax Return Filing refers to the process of filing income tax returns by sole proprietors for the income earned by their business during a financial year.

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Frequently Asked Questions

A Digital Signature Certificate is an electronic form of signature that is used to authenticate the identity of the signer and ensure the integrity of the document or message being signed.

MSME/SSI Registration is a process through which small and medium-sized enterprises can register themselves with the government to avail various benefits and schemes provided by the government.

ISO Certification is a process through which a company can obtain certification from the International Organization for Standardization (ISO) for meeting specific quality management standards.

FSSAI Registration is a mandatory registration required for all food-related businesses in India as per the Food Safety and Standards Act, 2006. It ensures that the food products manufactured, stored or distributed by the business meet certain safety standards.

Import/Export Code (IEC) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) to businesses that import or export goods or services from India.

BIS Registration is a process through which a product can be certified by the Bureau of Indian Standards (BIS) for meeting certain quality and safety standards.

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