ComplyKart Services
Letter Of Intent
Most deals start with a handshake on commercial terms — price, timelines, key conditions. A letter of intent captures that understanding in writing: binding on confidentiality and exclusivity, non-binding on the deal itself, so negotiations proceed on agreed ground.
CA/CS-guided review
Your documents and structure are checked before anything is filed.
Written scope first
Inclusions and payable charges are explained before work begins.
Support till it’s done
One team owns your filing, from the first call to the final handover.
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Experience behind every filing
A quick snapshot of the work so far.
Fees
Fees and packages for Letter Of Intent
Every requirement is a little different, so we quote after a short discussion — the consultation itself is free.
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Letter Of Intent
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Letter of Intent Package Inclusions
- LOI drafting with commercial terms
- Binding vs non-binding segregation
- Exclusivity and due-diligence window
- Definitive agreement roadmap
- Execution-ready draft
Overview
What this document actually does
A letter of intent (LOI) records the preliminary understanding between parties before the definitive agreement is drafted.
It typically covers the proposed transaction, key commercial terms, timelines, and conditions for moving forward.
Well-drafted LOIs are explicit about what's binding (usually confidentiality, exclusivity, governing law) and what's not (the commercial terms themselves).
It serves as the instruction sheet for lawyers drafting the final agreement — clear LOIs produce faster, cheaper definitive documents.
In M&A and investment contexts, the LOI often includes exclusivity (no-shop) periods and break-fee concepts.
Benefits
Why businesses get this drafted through us
Open each benefit to see what it means for you.
Binding versus non-binding, made explicit
The most litigated LOI question is whether it binds. We state it clause by clause, so there's nothing to argue about later.
Negotiations stay on track
A clear LOI prevents re-negotiation of settled points when the definitive agreement is drafted.
Confidentiality from day one
Binding confidentiality and non-disclosure provisions protect information shared during negotiations.
Faster definitive agreements
Lawyers draft faster and bill less when the commercial terms arrive pre-agreed in a clean LOI.
Documents
What documents do you need for a Letter of Intent?
Clear, current documents matter more than a long checklist. Names, dates of birth and addresses should match across every record — that's what the MCA checks first. Tick what you already have below.
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Party details
Verified against MCA requirements
Transaction outline
Verified against MCA requirements
What is a CIN?
Every Private Limited Company gets a unique 21-character Corporate Identification Number from the MCA. It's proof your company legally exists. You'll need it for bank accounts, tax filings, and contracts. We handle the entire application — you just provide the documents above.
Not sure if your documents are ready?
Send us what you have. A ComplyKart expert will review them for free and tell you exactly what's missing — no obligation.
Get Free Document ReviewQuestions Founders ask us about documents
What if my address proof is old?
Utility bills and bank statements must be less than 2 months old. If yours are older, get a fresh copy — the MCA rejects stale proofs.
Do I need original documents?
No. Clear scans or photos work for the entire process. We never ask you to courier originals.
What if directors live in different cities?
That's normal. Each director uploads their own documents separately. Our system keeps everything organised.
I'm outside India. Can I still register a company?
Yes. India allows 100% foreign ownership in most sectors, and the entire process happens online. You need one Indian resident director, and your passport + address proof must be apostilled — we'll guide you through both. NRI founders and foreign investors do this with us regularly.
Check if you're eligible →How long does registration actually take?
7 to 10 working days from the day your documents are verified. Name approval takes 2-3 days, MCA incorporation another 5-7. We track every stage and update you.
Can I start if I'm missing one document?
Yes. Start now with what you have — we begin name reservation and DSC while you arrange the rest. Most founders are missing one proof; it rarely blocks the timeline.
Process
Letter of Intent process — step by step
You’ll see each stage, what’s pending and what we need from you — so filings don’t bounce back.
Step 1 of 5
Define the deal outline
We capture the proposed transaction, key terms, and what must happen before the final agreement. An LoI sets the negotiation framework without locking anyone in prematurely.
We draft the LoI
Our lawyers draft the LoI under the Indian Contract Act, 1872, covering the proposed terms, conditions precedent, exclusivity period, confidentiality, costs, governing law, and a clear binding/non-binding split. First draft typically takes 2-3 working days.
Negotiate the binding clauses
While commercial terms stay non-binding, clauses like exclusivity, confidentiality, and governing law are usually binding — we make sure both sides understand exactly what they're committing to.
Signing
The LoI is signed on letterhead or stamp paper depending on content. Stamp duty varies by state.
Proceed to definitive documents
We outline the path to the final agreement — due diligence, approvals, and drafting — so momentum isn't lost after the LoI.
Why ComplyKart
Why ComplyKart for this
You should know who’s doing what. Open a stage to see how the work is shared.
Precision on binding effect
This is where LOIs succeed or fail legally, and it's where our drafting is most careful.
Deal-paced
LOIs are time-sensitive. We draft fast without cutting the corners that matter.
Full deal support
We can carry the transaction from LOI through definitive agreements to closing.
Precision on binding effect: This is where LOIs succeed or fail legally, and it's where our drafting is most careful.
For NRI founders & foreign investors
If a founder or investor is outside India
You don't need to fly down. Most of our foreign-founder incorporations are completed without the founder ever visiting India — 100% foreign ownership is allowed in most sectors, and the entire process happens online.
Before you start
- 100% foreign ownership is allowed in most sectors — no Indian partner needed
- One Indian resident director is required by law — we help you find a compliant way forward
- Check whether your sector permits automatic-route foreign investment
- Your passport + address proof need an apostille, not an embassy visit
- Map ownership, beneficial ownership and pricing early
After incorporation
- Receive funds through permitted banking channels
- Complete RBI/FEMA reporting (FC-GPR, FLA) and keep the bank evidence
- Coordinate tax and ongoing compliance advice early
Free 15-minute eligibility call. No obligation.
FAQ
Frequently asked questions
Search all 6 answers, or filter by the stage you’re thinking about.
Showing 6 of 6 answers
It depends on what's written. Typically the commercial terms are non-binding while confidentiality, exclusivity, and governing law are binding. We make the split explicit.
They're close cousins. An LOI usually precedes a specific transaction and is more term-focused; an MOU often records a broader understanding or partnership intent. We advise which fits your situation.
Typically 2–3 working days for the first draft.
Not before a lawyer reviews it — especially the binding provisions. We review counterparty LOIs and negotiate protective changes.
It prevents the other party from negotiating with competitors for a defined period. Useful for buyers and investors; we draft the duration and exceptions carefully.
For simple deals, yes. For anything with negotiated commercials, an LOI saves time and legal cost overall.
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What clients say about working with us
Real stories from businesses we've worked with.
Our Trademark was applied in all the classes with a short span of time by Complykart Trademark Experts and I can say the level of expertise and commitment they carry is remarkable. It's an A+ from my side. We are now sticking to ComplyKart only.
I found the professionalism of the staff at complykart.com, a pleasure to work with. As a foreigner to India, they took the time to explain the documentation and assisted in every question I raised. I was pleased that complykart.com made it easy for my Business.
Trust, Commitment, Dedication and responsiveness are the best things with ComplyKart. Thanks for handling our Merger assignment with so much care. After my business disputes, complykart handles all things with own sense of understanding.
Trust & transparency
Sources & how we keep this page accurate
Primary sources we refer to:
- Ministry of Corporate Affairs (MCA)
- GST Portal
- Income Tax Department
- IP India (Trademark / Patent / Copyright)
Last verified: 6 October 2026
Compliance rules change. If something on this page looks outdated, tell us on WhatsApp and we'll fix it — and your filing will always follow the current rules, not just what's written here.
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Talk to a ComplyKart professional about Letter Of Intent. The first consultation is free.
