FAQ
Frequently asked questions
Straight answers about working with KNAP Advisory. Each service page also answers the questions we hear most about that service.
About working with us
What does KNAP Advisory do?
KNAP Advisory helps startups and established businesses set up and stay compliant in India. We register companies, LLPs, partnerships and proprietorships; obtain licences such as GST, FSSAI, IEC and Udyam; and handle accounting, income tax, TDS, GST returns and annual ROC filings.
Who leads KNAP Advisory?
The firm was founded by CA Neeraj Rohilla and CA Kunal Mehta, both practising Chartered Accountants, and is supported by a team of compliance, registration and accounting professionals.
Where is KNAP Advisory located?
Our office is at LGF, Shiv Shah Bhawan, Building No. 2, Lane No. 1, Westend Marg, Saket, New Delhi 110030, India. You can call us on +91 93119 72982 or email hello@knapadvisory.com.
Do you work with clients outside Delhi?
Yes. Most registrations and filings in India are completed online, so we work with clients across India and with overseas founders and investors setting up in India.
Do I need to visit your office or a government office?
Usually not. Company and LLP incorporation, GST registration and most tax and ROC filings are done online using digital signatures and scanned documents. You are welcome to meet us at our Saket office if you prefer.
Which business structure should I choose?
It depends on how many owners you have, whether you plan to raise investment and how much compliance you are prepared to manage. A private limited company suits businesses seeking investors; an LLP suits professional and service firms; a One Person Company or proprietorship suits solo founders. We recommend a structure after understanding your plans.
How much do your services cost?
Fees depend on the service, the structure of your business and the government fees and stamp duty that apply. We quote clearly before starting any work. Call us or send an enquiry for a quote.
Can you handle compliance after registration?
Yes. After incorporation we can take care of bookkeeping, GST and TDS returns, income tax returns, director KYC and annual ROC filings, so one team looks after your compliance calendar.
Questions by service
Business Registration
- How long does private limited company registration take?
- What is the difference between a private and a public limited company?
- Can an NRI register a One Person Company?
- Can a Section 8 company earn a profit?
- What annual filings does an LLP have?
- Is registration of a partnership firm compulsory?
- How do I prove my sole proprietorship exists?
Startup Recognition
Licences & Registrations
Income Tax & GST
Compliance & Accounting
Company & LLP Changes
- Can a director be appointed without a DIN?
- Can the board remove a director?
- Is Form DIR-11 mandatory?
- Is increasing authorised capital the same as issuing shares?
- Does changing the objects require a new name?
- How long does it take to change the registered office to another state?
- Does a name change affect existing contracts?
- Is stamp duty payable on transfer of shares?
- Can a company with pending annual filings be closed?
- What is the difference between a partner and a designated partner?
- How long does it take to close an LLP?
Advisory
Have a question that is not answered here?
Tell us what you need and we will explain the requirements, documents and timeline before you commit.