Step by Step process on setting up an IT Consultancy in India

Introduction

In India, there are numerous prospects for all types of businesses. It does not matter if it is a trading firm or a ready-made clothing company if it is a food company, a pharmaceutical company, or an IT solutions or software company. India has a blend of booming domestic market prospects, highly skilled labor, and business-friendly policies. All of this makes India a popular destination for both local and international business enthusiasts and corporations wishing to grow their operations and build a long-term business empire. In this blog, we will include information on how to start an IT Consultancy Business or Company in India. Before moving towards the formation of an IT consultancy in India, let us have a look at what is an IT consultant.

What is an IT consultant?

Clients receive guidance from consultants in a variety of formats, including reports and presentations. IT consultants assist individuals and enterprises with technology purchases, strategic decisions, and problem-solving. An IT consultant can act as a virtual CIO (Chief Information Officer) for a company that lacks high-level IT knowledge in-house, giving expert advice on IT strategy.

What is included in IT Consultancy Services?

IT consultancy can provide below any services to their clients:

• IT Security
• IT Support
• IT Consultancy
• Cloud Computing
• Relocation Services
• Website Development

The business structure that can be registered as an IT Consultancy in India

• One Person Company
• Public Limited Company
• Limited Liability Partnership
• Private Limited Liability
• Sole Proprietorship Firm
• Partnership Firm

If a foreign person wishes to start a business for IT Solution services in India then he may register his business as an Indian Subsidiary However the answer for “How to start a business in India?” remains the same. So, let us have a look at the process for starting a business.

Flow chart for IT consultancy registration in India

There are a few factors to consider while registering your business in India, especially with so many businesses trying to do so. With that in mind, we are pleased to share a few basic paperwork/prerequisites that are required for every business to be registered in India. The documentation needed to start a business in India is listed below.

Documents required to start an IT consultancy 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

The Indian government’s Make in India program, ease-of-doing-business policies, and large labor pool have undoubtedly opened up the country’s long-stagnant domestic manufacturing sector to both domestic and international investors. 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 a business in India.