Startup

Common Mistakes Founders Make During Incorporation

10 Incorporation Mistakes Founders Make

  1. Picking the wrong structure (LLP when you want funding)
  2. Name selection without a backup plan
  3. Mismatch in PAN/Aadhaar spelling
  4. Using unclear/old address proofs
  5. Registered office proof not aligned
  6. Rushing MOA/AOA without future thought (ESOP/investor readiness)
  7. Ignoring post-incorporation steps (GST/TDS/bank/accounting)
  8. Not setting up a compliance calendar early
  9. No template system for documents and approvals
  10. Relying on scattered vendors → no accountability

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