Software Companies In India Are Growing Day By Day. Even India Is 3rd Largest Startup Ecosystem In The World. So Let’s Talk About How To Start A Software Company In India. Before Starting A Software Company Let’s Understand Growth About The It Industry Or Software Industry In India. The Indian It Sector Is Expected To Grow At A Rate Of 12-14 Per Cent For Fy2016 In Constant Currency Terms. The Sector Is Also Expected Triple Its Current Annual Revenue To Reach Us$ 350 Billion By Fy 2025, As Per National Association Of Software And Services Companies (Nasscom).
Even As Per Pwc Report The Indian Companies In The Top 100 Emerging Markets List Bring Combined Revenue Of 797 Million Usd. India Ranks Fifth Among The Emerging Markets Based On Revenues.
How to start a software company in india
Before Starting a Software Company in India We have to choose the right type of company as service or product based so let’s understand about How many types of the software companies in india exist.
Types Of The Software Companies In India
Software Companies In India Can Be Categorized Broadly. To Starting A Software Company In India We Have To Choose Right Category Of The Software Company. So In India There Are 2 Types Of Software Company –
- Service Or Consulting Based Software Company
- Product Or Development Based Software Company
For Establish A Software Company In India We Have To Know About Their Expert Domain On Categorized Based –
Service Or Consulting Based Software Company
These Companies Provides Services Regarding The Business Consulting, Information Technology , Software Engineering And Outsourcing Services To The Clients.
Type Of Services Which Is Provided By The Companies –
• Custom Business Solutions
• Database Migration Services
• Customization Services
• Application Development
• Erp Solutions
• Collaborative Commerce
• Programming Services
• Quality Assurance And Testing Services
• Multimedia Offering
Product Or Development Based Software Company
These Type Companies Have A Products Or Set Of Products Which Are Providing Major Portion Of The Revenue.
Top Software Product Or Development Based Software Company In India –
How To Get Projects For Software Consultancy Company In India
For The Open A Software Consultancy Company In India You Need A Good Clients For The Starting Purpose. Its Need Lot Of Networking And Good Contacts Which You Getting Through Your Personal Or Professional Resources. As Per Quora User Brucelin Kithion If You Are Working Already In Another Software Company Then You Have To Find A Client Which Can Outsourced His Work To You On Trust Or Experienced Based.
Another Sources Like You Can Advertisement Online Or Use Some Online Good Platforms Like Freelancer, Worknhire In India , Upwork And Start The Bidding For The Projects. This Is The Best Way To Start A Software Company In India With No Money As Freelancer.
How To Get Projects For Product Or Development Based Software Company
For The Product Or Software Development Based Company Have To Think About The Ideas & Implantation The Things But It’s Require Lot Of Money Upfront For The Development And Marketing. In India Most Of The Startup Software Companies Bring The New Ideas Or Tools And Build A Saas(Software As Service) Software Companies. Here Is The Prefect More Than 64+ Software Startup Ideas List.
How To Raise Funds For Software Company In India
In The 2016 There Is Lot Of Opportunity To Raise The Funds For The Software Company In India. Traditional Businesses Are Depending On The Bank Loans And Friend & Family But These Days Venture Capital Funding Works For The Startup Software Companies. There Are Lot Of Angel Investor Or Venture Capital Fund Which Are Invested In The Software Development Companies Or Looking For The Products Or Technology Which Disrupt The Market.
How To Register A Software Company In India
Legally Before Starting A Business In India You Need A Legal Entity For Business. In India There Are Mostly 5 Popular Legal Entity Which Is Enable To Doing The Business In India.
a) Sole Proprietorship Firm As Software Firm – It’s A Best Legal Entity To Try Your Ideas In The Starting With The Nominal Cost. Its Not A Company But You Can Say A Simple Firm Or Sole Proprietorship Company Which Helps To Start Your Business.
b) Partnership Firm – It’s A Good When You Have Co-Founders And Just Try The Idea With The Minimum Legal Cost.
c) Llp Or Private Limited Company – It’s A Real Company In India. More Than 90% Companies Are Registered In India As Private Limited Company.
Are you looking for Software Company Registration in India ?
Get Register Your Software Company as Private Limited Company. Just Fill-up below form and Get Started your Dream Software Company in India. We Helps you everything from License to Registration.
Common Documents Required For Starting A Software Company In India –
• Pan Card Copy Of The Owner Or Partners.
• Adhar Card , Voter Id Or Adhar Card Or Driving License As Address Proof Of The Owner Or Partners.
• Business Address Proof Like Utility Bills Copy Or Rent Agreement Copy Even You Can Register Your Home Address Also As Business Place.
Other Common License And Legal Registration For Open A Software Company In India –
a) Service Tax Registration For Consultancy Business
b) Vat/Cst Registration When Providing Software In Cds Or Any Other Medium
c) Stpi License Which Is Good For The New Software Companies For The Zero Taxes And No Export Duty On Hardware Or Software Products.
d) Trademark Registration To Protect Your Brand Name.
e) Copyright Registration On Your Source Codes
f) Patent Registration On Technology
g) Software License Agreements
We Recommendation Myonlineca For The Register Your Startup Software Company In India.
Tip : Get Instant Proposal in your Email Inbox with the Full Pricing , Procedure and Documents to setup your Private Limited Company in India.
Office Location Or Space For Software Company in India
In The Starting You Can Start With The Home Address But If You Are Live Outside India And Want To Run A Company In India Then There Are Lot Of Virtual Space Service Provider In India Which Are Providing Mailing And Office Sharing Space On Reasonable Pricing Like Regus Across The World.
Hiring Or Recruitment Process For Software Company in India
There Are Lot Of Free Tools Or Job Listing Website Which Can Provide You Quality Resumes Or Candidates. Even You Can Use Freelancer Website To Use Talent From US And Other Countries. Hope this Article helpful for you regarding the How to start a software company in india.