Step 1: SPICe+ incorporation
The MCA's SPICe+ form handles name reservation, PAN, TAN, GST, EPFO, ESIC, and Companies House filings in one bundled submission. 2-4 weeks typical.
Hire, onboard, and pay India talent with one trusted EOR partner. Reply within 24 hrs (business hours ยท IST).
Private Limited Company registration for global parents. Six to ten week timeline. โน4-6 lakh setup cost. The EOR-first vs entity-first decision math, transparently. Versatile coordinates with three vetted legal counsel partners.
I read every form personally. You will hear from me on email within 4-6 hours, with a draft offer letter attached.
By submitting, you agree to our privacy & terms. First month is on us. Or email our team directly.
Used by 59+ global companies hiring engineers, designers, and operators in India
Each route speaks your tax authority, your currency, your data regulator, your entity type. Click your flag to see the EOR setup your finance and legal teams will read first.
Not sure which fits? See the full country router.
Used by 59 companies hiring engineers, designers, and operators in India
Setting up an Indian Private Limited involves Companies Act 2013 incorporation through the MCA SPICe+ form, GST registration, professional tax registration in every operating state, Shops & Establishments registration in every operating state, EPF and ESIC registration, bank account opening, and ongoing statutory compliance (annual filings, audits, transfer pricing documentation). The end-to-end timeline is 6-10 weeks and the all-in setup cost runs โน4-6 lakh. After setup, the annual operating cost (legal counsel, audit, payroll software, India CFO) typically runs โน40-60 lakh in Year 1.
The MCA's SPICe+ form handles name reservation, PAN, TAN, GST, EPFO, ESIC, and Companies House filings in one bundled submission. 2-4 weeks typical.
Shops & Establishments registration in every operating state. Professional tax registration. 1-2 weeks per state.
India current account opening with FEMA documentation for foreign capital. 2-3 weeks.
EPFO Trust setup (if exempt PF), ESIC enrolment, contract labour registration where applicable.
Auditor appointment, transfer pricing documentation infrastructure, secretarial compliance calendar.
Monthly payroll, statutory filings, annual audit, transfer pricing study, board meetings. Steady-state operations.
| Item | Versatile handles |
|---|---|
| Timeline | 6-10 weeks setup, ongoing operations |
| Setup cost | โน4-6 lakh (legal + filings + first-month payroll software) |
| Year 1 operating cost | โน40-60 lakh all-in (5-employee team) |
| Break-even vs Versatile EOR | 25-30 India hires |
| EOR alternative (under 25 hires) | $99-$399 PEPM, $15K-$24K/year for 5 hires |
| Versatile support | Three vetted legal counsel partners |
Below 25-30 hires, Versatile EOR is cheaper and faster ยท Above 25-30, your own entity wins ยท We walk through the math transparently
Map your India entity decision โIf you found this page useful, these are the next ones to read.
India-native EOR. Four years on the books. Foo Falcon Pvt Ltd.
Read โ More from VersatileWhen does EOR end and entity begin? Breakeven at 25-30 hires. Cost math included.
Read โ More from VersatileBuild your India GCC through a direct-entity EOR. Audit-grade documentation, 100% pass rate.
Read โ More from Versatile$99-$399 EOR. $19/contractor. $49 payroll. $99-$1,199 recruitment. Same range as India-native peers.
Read โ More from Versatile3 vendors โ 1. Scaled to 30 hires. Hybrid entity transition.
Read โ More from VersatileThe definitive 5-step guide. 8 statutory items. 5-day onboarding.
Read โTell me about your first hire. I will reply on email inside 4-6 hours, with a draft offer letter attached. Then my support team takes the depth.