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Siddhu ManojFounder & CEO of Two-LYP Computations Pvt. Ltd.
“Incorporating my Startup with IncorpX was an incredibly smooth and hassle-free experience. The team was highly professional, guiding us every step of the way with clear communication and prompt support. The registration process was fast, and every detail was handled with precision and accuracy. Highly recommend IncorpX for anyone starting a business.”
Abhishek LohaniDirector at Lohani Learnings
“Company is good and service is also smooth. I used their compliance service and the response was timely with no delay and price are also convenient. They are always available to cater your need.”
Chandan Kr. ChaudharyFounder of Creative Minds
“I am very satisfied with the team of IncorpX for providing the top notch services. Team of IncorpX was giving the update on daily basis was one of the best thing which I experience in Corporate. keep doing it. Thank you!”
Jayavijaya SJFounder of Agro Farms
“Don't think twice.Got my company incorporates here. Tbh very impressed by the quality of service provided by this team. Very organized and friendly team. Had a smooth and peaceful experience. Timely regular updates were provided by the team. Overall a great experience.”
Anoop KrishnanFounder of EIGHTH DAY FORGE
“It's rare to find a service provider who makes the process feel personal - IncorpX absolutely did. From day one, they patiently explained every detail without any jargon, making it easy to understand and stress-free. There was zero chasing, no delays-just efficient, smooth execution all the way through. I felt supported, heard, and confident at every step of registering my company EIGHTH DAY FORGE (OPC) Private Limited. Thanks to Mr. Sriram and his wonderful team.”
Ramesh LankeFounder of EKnal Technologies
“IncorpX made the entire registration process for our company, EKnal Technologies, smooth and stress-free. Their team was professional, efficient, and incredibly supportive from start to finish. Highly recommend them to any founder looking for a reliable partner in their business journey! Special shoutout to Sriram and Aswin-your support, clarity, and responsiveness made the whole process incredibly smooth.”
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WHY CHOOSE US?
Expert Legal Team
Experienced legal experts in company formation and corporate law.
Fast Turnaround
Kickstart your venture with efficient company setup, generally processed within a week.
Dedicated Support
Personal manager by your side, every step of the way and beyond.
Complete Documentation
We handle all paperwork and ensure full legal compliance.
Business Growth Tools
Free business resources to fuel your company's success from day one.
24/7 Customer Service
Round-the-clock assistance for all your concerns.
Need a Professional Contract Drafted?
Get your business contracts and agreements professionally drafted - starting from ₹2,999. Quick turnaround in 5-7 working days.
HERE'S HOW IT WORKS
1. Fill the Form
Simply fill the above form to get started.
2. Call to discuss
Our startup expert will connect with you & complete legalities.
3. Get Your Contract Drafted
Get professional assistance with contract and agreement drafting.
SIMPLE & TRANSPARENT PRICING
MOST POPULAR
Contract Drafting Service Package
₹2999 /one-time
Complete within 7 days
7-day turnaround 100% guaranteed
Initial Legal Consultation
Requirement Analysis
Custom Contract Drafting
Legal Clause Review
Compliance Verification
Risk Assessment
Unlimited Revisions
E-Stamp Paper Assistance
Notarization Support
Digital & Physical Copies
*Government fees are additional and vary based on company structure
4.9/5 based on 1000+ reviews
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Top rated service
IncorpX Prime
An all-inclusive solution for startups and expanding enterprises seeking a streamlined, compliant incorporation process.
Key Benefits
Personalised support from dedicated incorporation specialists.
Application prepared and filed within 2 days.
24/7 customer assistance.
Important Notes
We strive to register your preferred business name whenever feasible.
Alternative name suggestions are provided if the preferred name is not approved.
Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.
A Contract is a legally binding agreement between two or more parties that creates mutual obligations enforceable by law. In the business world, contracts form the backbone of all commercial relationships, from hiring employees to partnering with vendors, from licensing intellectual property to securing investments. A well-drafted contract protects your interests, clearly defines rights and responsibilities, and provides legal recourse in case of disputes.
Contract drafting is the process of creating a written document that accurately captures the terms agreed upon by all parties involved. This requires not only a deep understanding of the law but also knowledge of the specific industry, business practices, and potential risks involved. A professionally drafted contract anticipates future contingencies, includes appropriate protective clauses, and ensures compliance with applicable laws such as the Indian Contract Act, 1872, Specific Relief Act, 1963, and relevant industry-specific regulations.
At IncorpX, our team of experienced corporate lawyers and legal experts specializes in drafting a wide range of business contracts and agreements. Whether you need a simple service agreement or a complex joint venture contract, we ensure that every document is tailored to your specific needs, legally sound, and commercially practical. Our 100% online process allows businesses across India to access professional contract drafting services conveniently and affordably.
We understand that every business is unique, and so are its legal requirements. That's why we don't rely on generic templates. Instead, we take the time to understand your business objectives, analyze the risks involved, and draft customized contracts that protect your interests while maintaining fair and balanced terms for all parties.
What is a Contract?
A Contract is a legally enforceable agreement between two or more parties that creates specific obligations and rights for each party. Under Section 2(h) of the Indian Contract Act, 1872, a contract is defined as "an agreement enforceable by law." For an agreement to become a valid contract, it must meet certain essential requirements including lawful offer, acceptance, consideration, capacity of parties, free consent, and lawful object.
Contracts can be written or oral, though written contracts are always preferred in business dealings as they provide clear evidence of the terms agreed upon. A well-drafted written contract eliminates ambiguity, reduces the risk of disputes, and provides a legal framework for resolution if disagreements arise. In the business context, contracts govern virtually every relationship and transaction.
The importance of proper contract drafting cannot be overstated. A poorly drafted contract can lead to misunderstandings, financial losses, and costly litigation. On the other hand, a well-drafted contract provides clarity, protection, and peace of mind to all parties involved. It sets clear expectations, allocates risks appropriately, and provides mechanisms for dispute resolution.
Essential Elements of a Valid Contract:
Offer and Acceptance:
One party must make a clear offer, and the other must accept it without any modifications.
Consideration:
Something of value must be exchanged between the parties (money, services, goods, or promises).
Capacity to Contract:
All parties must be legally competent (of legal age, sound mind, and not disqualified by law).
Free Consent:
Consent must be given freely, without coercion, undue influence, fraud, misrepresentation, or mistake.
Lawful Object:
The purpose of the contract must be legal and not against public policy.
Certainty of Terms:
The terms and conditions must be clear, specific, and capable of being performed.
Did You Know?
According to the Indian Contract Act, 1872, a contract made by a minor (person under 18 years) is void ab initio (void from the beginning) and cannot be enforced by law. This is why verifying the capacity of all parties is crucial before entering into any agreement.
Types of Contracts & Agreements We Draft:
At IncorpX, we provide comprehensive contract drafting services across various categories to meet diverse business needs. Our expert legal team is proficient in drafting both simple and complex agreements tailored to specific requirements.
Non-Disclosure Agreement (NDA)
Protects confidential business information shared between parties during negotiations, employment, or partnerships.
Service Agreement
Defines the terms and conditions for provision of services, deliverables, timelines, and payment structures.
Employment Contract
Establishes the employer-employee relationship, job responsibilities, compensation, benefits, and termination terms.
Partnership Deed
Governs the rights and duties of partners in a partnership firm, profit sharing, and dissolution procedures.
Shareholders Agreement
Protects shareholder rights, defines governance mechanisms, share transfer restrictions, and exit strategies.
Franchise Agreement
Outlines the relationship between franchisor and franchisee, territorial rights, fees, and quality standards.
Vendor/Supplier Agreement
Governs the supply of goods or raw materials, pricing, delivery schedules, quality standards, and warranties.
Lease/Rental Agreement
Defines terms for renting commercial or residential property, rent amount, duration, and maintenance responsibilities.
Joint Venture Agreement
Establishes terms for business collaboration between two or more entities for a specific project or purpose.
Licensing Agreement
Grants permission to use intellectual property, software, or other assets under specified terms and conditions.
Consultant Agreement
Defines the scope of consultancy services, fees, intellectual property ownership, and confidentiality obligations.
Memorandum of Understanding (MoU)
A preliminary agreement outlining the key terms and intentions before a formal contract is executed.
Why Are Professional Contracts Important?
In the business world, handshakes and verbal agreements are not enough. Professional contracts are essential for protecting your interests, managing risks, and building trustworthy business relationships. Here's why every business needs properly drafted contracts:
Legal Protection
A well-drafted contract provides legal protection and recourse if the other party fails to fulfill their obligations. It serves as evidence in court proceedings.
Clarity of Terms
Contracts clearly define the rights, responsibilities, and expectations of all parties, eliminating ambiguity and reducing misunderstandings.
Risk Mitigation
Professional contracts identify and allocate risks appropriately through indemnification, limitation of liability, and insurance requirements.
Financial Security
Clear payment terms, penalties for delays, and dispute resolution mechanisms protect your financial interests throughout the contract period.
Confidentiality Protection
Contracts can include confidentiality clauses that protect your trade secrets, business strategies, and other sensitive information.
Dispute Resolution
Pre-defined dispute resolution mechanisms like arbitration or mediation provide faster and cost-effective ways to resolve conflicts.
Protect your business with professionally drafted contracts!
Key Elements of a Well-Drafted Contract:
Every contract, regardless of its type, should contain certain essential elements to be legally valid and practically effective. Understanding these elements helps in evaluating whether your contract adequately protects your interests.
Element
Description
Importance
Preamble/Recitals
Introduction describing the parties and the background of the agreement
Provides context and establishes the parties' intentions
Definitions
Clear definitions of key terms used throughout the contract
Ensures consistent interpretation and avoids ambiguity
Scope of Work
Detailed description of the goods, services, or obligations
Sets clear expectations and deliverables
Payment Terms
Amount, schedule, method of payment, and late payment penalties
Protects financial interests and ensures cash flow
Duration/Term
Start date, end date, and renewal provisions
Defines the contract period and termination timeline
Termination Clause
Conditions under which the contract can be ended prematurely
Provides exit options and protects against indefinite commitments
Confidentiality
Obligations to protect sensitive information shared during the contract
Safeguards trade secrets and business information
Intellectual Property
Ownership and usage rights of IP created or used during the contract
Prevents disputes over ownership of creations
Indemnification
Obligation to compensate for losses caused by specified events
Allocates risks and protects against third-party claims
Limitation of Liability
Caps on the maximum amount of damages that can be claimed
Limits financial exposure in case of breach
Dispute Resolution
Mechanism for resolving disputes (arbitration, mediation, or litigation)
Provides efficient and cost-effective conflict resolution
Governing Law
The jurisdiction whose laws will govern the contract
Determines which legal framework applies
Force Majeure
Events beyond parties' control that excuse performance
Protects against liability for unforeseeable events
Signatures
Authorized signatures of all parties with date
Makes the contract legally binding
Our Contract Drafting Process:
At IncorpX, we follow a systematic approach to ensure every contract we draft is comprehensive, legally sound, and tailored to your specific needs. Here's how we work:
Step 1: Initial Consultation
We start with a detailed discussion to understand your business requirements, the nature of the agreement, the parties involved, and any specific concerns or terms you want to include. This helps us capture your objectives accurately.
Step 2: Requirement Analysis
Our legal team analyzes your requirements, reviews any existing documents or templates, identifies potential risks, and recommends appropriate protective clauses based on industry best practices and legal requirements.
Step 3: Draft Preparation
Our experienced lawyers prepare the first draft of the contract, incorporating all necessary clauses, terms, and conditions. We ensure the language is clear, precise, and legally enforceable while remaining commercially practical.
Step 4: Review & Revision
We share the draft with you for review. Based on your feedback and any additional inputs, we make necessary revisions. We offer unlimited revisions to ensure the final document meets your expectations perfectly.
Step 5: Finalization
Once you approve the draft, we prepare the final version of the contract. We also assist with e-stamp paper procurement, printing on appropriate stamp paper, and notarization if required.
Step 6: Execution Support
We guide you through the signing process and can assist with digital signatures for contracts that need to be executed online. We also provide advice on proper storage and management of executed contracts.
Get your contract drafted in just 5-7 working days!
Contract Review Services:
Already have a contract that you need reviewed? Our contract review services help you understand the terms, identify potential risks, and suggest improvements to protect your interests better.
Comprehensive clause-by-clause analysis of the contract
Identification of unfavorable or risky terms
Assessment of legal compliance and enforceability
Comparison with industry standards and best practices
Plain English summary of key terms and obligations
Recommendations for modifications and improvements
Negotiation support with the other party
Red flag highlighting for immediate attention items
Whether you're about to sign a major business deal, enter into a partnership, or hire a key employee, having an expert review the contract before you sign can save you from significant problems down the road. Our lawyers bring years of experience in identifying hidden risks and negotiating better terms.
Why Choose IncorpX for Contract Drafting?
Expert Team: Contracts drafted by experienced corporate lawyers
Affordable Pricing: Professional services starting at just ₹2,999
Quick Turnaround: Contracts delivered within 5-7 working days
Unlimited Revisions: We refine until you're completely satisfied
Dedicated Support: Personal legal advisor for your project
Industry Expertise: Experience across diverse sectors and industries
FAQs on Contract Drafting Services
Whether you're a startup entering your first partnership or an established business negotiating a major deal, understanding contract drafting is essential. Below are answers to the most frequently asked questions about our professional contract and agreement drafting services.
Contract drafting is the process of creating a legally binding document that outlines the terms and conditions agreed upon by parties entering into a business relationship. It is important because a well-drafted contract protects your interests, clearly defines obligations, allocates risks appropriately, and provides legal recourse if the other party fails to perform.
We draft a wide range of business contracts including: Non-Disclosure Agreements (NDAs), Service Agreements, Employment Contracts, Partnership Deeds, Shareholders Agreements, Franchise Agreements, Vendor Agreements, Lease Agreements, Joint Venture Agreements, Licensing Agreements, Consultant Agreements, MoUs, and many more custom agreements based on your specific needs.
The time required depends on the complexity of the contract. Simple agreements like NDAs can be drafted within 2-3 days, while complex contracts like Shareholders Agreements or Joint Venture Agreements may take 7-10 days. We provide an estimated timeline after understanding your specific requirements.
While you can draft a contract yourself, having a lawyer draft or review it is highly recommended. A legal professional ensures the contract is legally valid, includes all necessary protective clauses, complies with applicable laws, and adequately protects your interests. The cost of professional drafting is minimal compared to the potential losses from a poorly drafted contract.
To draft your contract, we typically need: (1) Details of all parties involved, (2) Nature and scope of the agreement, (3) Key terms and conditions you want included, (4) Payment terms and timelines, (5) Duration of the agreement, (6) Any specific concerns or requirements, and (7) Relevant supporting documents if any.
Yes, all contracts drafted by our lawyers are legally enforceable in Indian courts, provided they are executed properly by parties with legal capacity to contract. Our contracts comply with the Indian Contract Act, 1872 and other applicable laws. We also ensure proper stamp duty and registration requirements are met where applicable.
An agreement is a mutual understanding between parties, which may or may not be legally enforceable. A contract is an agreement that meets all legal requirements (offer, acceptance, consideration, capacity, consent, lawful object) and is enforceable by law. Not all agreements are contracts, but all contracts are agreements.
Stamp duty requirements vary by state and type of contract. Certain agreements like rental agreements, sale deeds, and partnership deeds must be on appropriate value stamp paper to be legally valid. We advise on the stamp duty requirements and assist with e-stamp paper procurement based on the type of contract and the state where it will be executed.
A Non-Disclosure Agreement (NDA) is a contract that protects confidential information shared between parties. You need an NDA when: sharing business plans or strategies, discussing potential partnerships or investments, hiring employees with access to sensitive information, engaging vendors or consultants, or anytime you're sharing proprietary information.
Yes, we can help you modify, amend, or update existing contracts through addendums or amendments. We review the existing contract, understand the changes needed, draft the amendment document, and ensure it is properly executed by all parties. Amendments should reference the original contract and clearly state the modifications.
Our contract drafting services start at ₹2,999 for simple agreements. The cost varies based on the complexity of the contract, the level of customization required, and any additional services like stamp paper procurement or notarization. We provide a detailed quote after understanding your specific requirements.
If a party breaches the contract, the other party can seek remedies including: (1) Specific performance (court ordering the breaching party to fulfill their obligations), (2) Damages (monetary compensation for losses), (3) Injunction (court order to stop certain actions), or (4) Contract termination. Our contracts include clear provisions for handling breaches.
Yes, electronic signatures are legally valid in India under the Information Technology Act, 2000. Most business contracts can be signed electronically using digital signature platforms. However, certain documents like sale deeds, wills, and negotiable instruments still require physical signatures as per specific laws.
Yes, we offer comprehensive contract review services. Our lawyers analyze the contract clause-by-clause, identify unfavorable terms, assess legal compliance, highlight risks, and provide recommendations for improvements. This service is valuable when you receive a contract from another party and want to understand its implications before signing.
Arbitration is an alternative dispute resolution mechanism where parties agree to resolve disputes through a private arbitrator instead of going to court. It is often included in contracts because it is faster, more cost-effective, confidential, and provides flexibility in choosing experts as arbitrators. Arbitration awards are enforceable like court judgments.
