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Cred Compliances

How to Start a Business in India — A 10-Step Founder's Guide (2026)

From idea to incorporation to first invoice — the complete playbook for first-time founders in India.

25 June 2026·8 min read

Starting a business in India in 2026 is faster than ever — but the wrong structure or missed filing can cost lakhs later. Here is the exact 10-step path we walk every founder through.

Step 1 — Validate the idea

Talk to 20 potential customers before spending on registration. Confirm they'll pay for what you're building.

Step 2 — Choose the right structure

  • Proprietorship — solo, low-cost, unlimited liability
  • OPC — solo, limited liability
  • LLP — partners, low compliance
  • Pvt Ltd — funding-ready, ESOPs, credibility

Step 3 — Reserve a name & register

Use SPICe+ (Pvt Ltd/OPC) or FiLLiP (LLP). Trademark-search the name first to avoid conflicts.

Step 4 — Get PAN, TAN, bank account

Bundled with SPICe+. Open a current account within 30 days.

Step 5 — GST registration

Mandatory if turnover > ₹40L (goods) / ₹20L (services), inter-state sales, or e-commerce sales.

Step 6 — Sector licences

  • FSSAI — food
  • IEC — export/import
  • Shop & Establishment — physical premises
  • Trade licence — city-specific

Step 7 — Protect your IP

File the trademark before you build the brand. Costs ₹4,500 (individual/startup) or ₹9,000 (others) per class.

Step 8 — Setup accounting & compliance calendar

Cloud accounting, GST returns, TDS, ROC — track from day one.

Step 9 — Startup India / DPIIT

Recognition unlocks tax holidays, 80-IAC exemption, self-certification and easier funding.

Step 10 — Hire compliantly

EPF at 20+ employees, ESIC at 10+, professional tax varies by state.

Need help? Call Cred Compliances at +91 9873602607 or email document@credcompliances.com to start your filing today.

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