A SOC 2 Type 2 report for a 10–50 person company costs ₹4–8 lakh all-in. That figure covers both the readiness work and the fee of the licensed CPA firm that issues the report, because quoting readiness alone and leaving the attestation fee out produces a number nobody can actually budget against.
What you are buying
SOC 2 is not a certification, and the distinction matters commercially. There is no certificate and no certification body. A licensed CPA firm examines your controls and issues an attestation report under AICPA standards. Anyone advertising a "SOC 2 certificate" — and several firms in India do — is describing something that does not exist.
Two report types:
| Report | What it tests | Observation window |
|---|---|---|
| Type 1 | Controls are designed appropriately, at a point in time | A single date |
| Type 2 | Controls actually operated effectively over a period | Typically 3–12 months |
Enterprise buyers almost always want Type 2. A Type 1 is useful as a staging post when a deal is waiting, but it rarely closes procurement on its own.
The cost, and what sits inside it
| Engagement | All-in cost |
|---|---|
| SOC 2 Type 2, 10–50 employees | ₹4–8 lakh |
That covers readiness assessment against the Trust Services Criteria, control design and remediation, evidence collection through the observation window, and the examination and report themselves. Praxis-Q runs the readiness and issues the report: our US entity holds a CPA firm permit, so the examination and the attestation are delivered by one team rather than handed to a third party mid-engagement.
Below roughly ₹4 lakh, something is being left out — usually the attestation fee, occasionally the observation window itself. Because the examination is ours, there is no second invoice arriving from an external CPA firm after the readiness work is done.
What moves the number
Which Trust Services Criteria are in scope. Security is mandatory. Availability, Confidentiality, Processing Integrity and Privacy are each optional and each adds controls, evidence and audit effort. Most SaaS companies scope Security plus Availability; adding Privacy is the single biggest jump.
Observation window length. A three-month window costs less in elapsed evidence effort than twelve, but a short first window sometimes reads as thin to a demanding buyer. Three to six months is the common first Type 2.
Your infrastructure. A single AWS account with infrastructure as code is materially cheaper to evidence than four environments assembled by hand across two clouds.
Existing compliance work. If you hold ISO 27001, a large share of the control set and evidence transfers directly. Companies doing both together spend meaningfully less than companies doing them a year apart.
Timeline
Readiness runs in weeks. The binding constraint is the observation window itself: a Type 2 report cannot exist until controls have operated for the agreed period, and no amount of preparation compresses that. Plan the window start date first and work backwards — that single decision sets your report date.
SOC 2 or ISO 27001?
SOC 2 is what North American buyers ask for. ISO 27001 is what European, UK, Middle Eastern and Indian enterprise buyers and tenders ask for. They overlap heavily in controls but not at all in recognition, so the right answer is usually decided by where your customers are, not by which is technically stronger.
Running both together is common and considerably cheaper than sequentially, because one evidence set serves both examinations. Our ISO 27001 certification service covers that side, and ISO 27001 is priced at ₹1.5–2.5 lakh all-in for the same 10–50 person band.
Before you sign anything
Ask which CPA firm will issue the report and confirm that firm holds a permit to perform attestation engagements — an individual CPA licence is not the same thing. Ask whether their fee is inside the quote or arrives separately. And treat "SOC 2 certification, lowest cost, no advance fees" advertising as the warning it is — the report's value to your buyer comes entirely from the credibility of the firm that signed it.
For a scoped quote against your actual criteria, window and infrastructure, get in touch.
Frequently asked questions
Is SOC 2 a certification?
No. It is an attestation report issued by a licensed CPA firm under AICPA standards. There is no certificate and no certification body, and vendors advertising a "SOC 2 certificate" are misdescribing the product.
Does Praxis-Q issue the SOC 2 report?
Yes. Our US entity holds a CPA firm permit, which is what a practitioner needs to perform an attestation engagement, so readiness and the report come from the same firm. Most India-based compliance consultancies have to hand the examination to an external CPA firm at that point.
How long is a SOC 2 report valid?
A Type 2 report covers a stated observation period and is generally treated as current for twelve months from the period end. Most companies run the examination annually on a rolling window.
Can we do SOC 2 and ISO 27001 together?
Yes, and it is usually the cheaper path if you need both. The control sets overlap substantially, so one evidence-gathering effort supports both the ISO audit and the CPA examination.
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Sahil Dubey
Compliance & Security Expert
Praxis-Q’s compliance and offensive-security practitioners deliver ISO 27001, SOC 2, PCI DSS, HIPAA, GDPR and DPDP engagements for banks, payment gateways and regulated fintechs.
