Professional Practice Setup.
Starting a professional practice involves two sets of rules: the business registrations every firm needs, and the conditions your professional body places on how you may practise. We help chartered accountants, doctors, architects, advocates and other professionals choose a structure, complete registrations, and set up accounts and tax systems from the first day.
Typically three to six weeks from the structure decision, driven by name approvals, LLP incorporation with the MCA and the processing time of your professional body.
A partner — a chartered accountant or company secretary — from the first call to sign-off.
Based on your situation, and fixed in writing before any work starts.
Is this for you?
- Professionals leaving employment to start an independent practice
- Two or more professionals forming a partnership or LLP
- Doctors opening a clinic or day-care centre
- Existing practices restructuring, for example from proprietorship to LLP
What you receive at the end.
- 01Recommendation note on structure
- 02Executed partnership deed or LLP agreement with registration or incorporation certificate
- 03Professional body firm registration, where applicable
- 04PAN, TAN, GST, professional tax and Shops and Establishments registrations as needed
- 05Accounting setup with invoice and engagement letter templates
Professional Practice Setup, step by step.
Typically three to six weeks from the structure decision, driven by name approvals, LLP incorporation with the MCA and the processing time of your professional body.
- 1
Structure consultation
We compare proprietorship, partnership and LLP on liability, tax, partner admission and what your regulator permits. Chartered accountants, for instance, can practise through an LLP but not through a company.
- 2
Professional body formalities
We prepare firm-level filings such as firm name approval and firm registration with ICAI. Personal enrolment with your medical council, Bar Council or Council of Architecture stays in your own name.
- 3
Entity formation
We draft the partnership deed or LLP agreement and complete registration or incorporation.
- 4
Tax and local registrations
We obtain PAN and TAN, GST registration where needed, professional tax and Shops and Establishments registration, and support opening the firm's bank account.
- 5
Accounts and tax setup
We set up accounting software, invoice formats and engagement letter templates, and advise whether presumptive taxation under section 58 of the Income-tax Act, 2025 (formerly section 44ADA) suits your expected receipts.
What we need from you.
Don't have everything yet? We send a short checklist after the first call and work with what you have.
- PAN, Aadhaar and photographs of each professional
- Certificate of practice, council registration or Bar Council enrolment
- Proof of office address with the owner's consent or a lease
- Proposed firm name options
- Capital contribution and profit-sharing terms between partners
- Digital signatures of partners or designated partners
The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.
- Government fees and statutory charges are billed at actuals.
- When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
Questions about Professional Practice Setup.
Ready to discuss Professional Practice Setup?
30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.