Everything you need to know on “How to Start a Service-Based IT Company in India?”

India offers a diverse range of growing domestic markets, highly skilled labor, and business-friendly policies. As a result, India has become a favorite destination for both local and international business enthusiasts and corporations wishing to grow their operations and build a long-term commercial empire. In this blog, there will be a detailed discussion on how to start a Service-Based IT Company in India.

What is a service-based IT Company?

A service-based business is one that offers customers or clients the best solution to their needs or provides a service to another business. The company’s service is intangible, and it can be delivered in the form of Amenities, Skills, and Knowledge.

What is included in IT Services?

• IT Consultancy

Without an experienced team of IT professionals on hand, an IT project can become too vast or sophisticated to plan. If this is the case, consulting services from your IT service provider may be the answer. They can collaborate with numerous departments or contractors on large-scale hardware and infrastructure overhauls, as well as business-wide software and operating system updates, to ensure that no technical aspect is ignored. IT consultancy service providers include companies like TCS (Tata Consultancy Services) and Tech Mahindra.

• Cloud Computing

Cloud services are rapidly gaining traction among enterprises and businesses. Cloud services are not only cost-effective, but they also provide excellent performance and efficiency. Businesses and companies can get anything they need on the move due to cloud services. Furthermore, the security procedures and access control strategies used by cloud services are far superior to those used by physical storage facilities. Microsoft and Amazon are two of the most well-known providers of cloud computing services.

• Website Development

Website development service is a vital component of any business since it makes the first impression on customers and clients. With the advent of technology in the industry, Website development services have become more important. All forms of web-based software are designed, built, supported, and evolved using web development services.

• IT Security

IT Security such as Network Security, End-point security, Internet Security used for protecting business data and all the client’s personal information. Databases, software, applications, servers, and devices are all covered by IT security. IT security also incorporates the concept of information assurance in order to ensure protection.

• IT Support

IT Support refers to the process of giving assistance with a variety of IT-related challenges, such as database management, network configuration, cloud computing, among other examples. The primary objective of these services is to ensure that all IT-related functions run smoothly.

Business structures that can be registered as service-based IT companies in India

• One Person Company
• Partnership Firm
• Private Limited Company
• LLP (Limited Liability Partnership)
• Sole proprietorship Firm

If a foreign entity desires to start a business in India, it can do so by registering as an Indian subsidiary. The answer to the question “How can I start a business in India?” remains the same. So, let’s have a look at the steps involved in starting a service-based IT Company in India.

Flow chart of IT services in India

With many entities looking to set up business in India, there are a few things to consider when you’re going for registering your business in India. With that in mind, we’re happy to present a few fundamental documents/requirements that are necessary for registering any business in India. Below is the list of documents required to start a business in India.

Documents required to start an IT Services Company in India

Start-Up India Registration

Now if you are a Start-Up, then you might require some more registrations and licenses, what are they? Let us have a look at the whole list of Registrations and Licenses required for registering a business as a startup in India.

Conclusion

There are numerous types of businesses that can be effectively conducted in India. There has recently been a trend for businesses to operate successfully using unlimited digital and online channels, and the government has backed this movement by digitizing the ways of registering the business in India.