The first step for any business from compliance perspective is to decide on the form of business. i.e whether the entity should be a company (private/ public), LLP, partnership firm, proprietary concern, etc. This decision is dependent on numerous factors such as nature of business activity, scale of operations, capital requirements, degree of control and management, degree of risk and liability and so on. Advice on suitable form of business and assistance in incorporation would enable the entity to focus on its business operations instead of getting tied up with the compliance procedures.