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CompSci • 1y
Starting a startup in India involves several legal considerations. Here's a detailed point-wise list of the general legal processes : 1. Choose a Business Structure : Decide on the legal structure of your startup, such as Sole Proprietorship, Partnership, Limited Liability Partnership (LLP), Private Limited Company, or Public Limited Company. 2. Register the Business : Register your business entity with the Ministry of Corporate Affairs (MCA) if it's a company, or with the Registrar of Firms if it's a partnership firm or LLP. Obtain a Certificate of Incorporation or Registration accordingly. 3. Obtain Necessary Licenses and Permits : Depending on your industry and the nature of your business, obtain the required licenses and permits from the relevant authorities. This could include GST registration, shop and establishment license, FSSAI license for food-related businesses, etc. (1/3)
Business | infograph... • 2m
If you ever wonder to start a company, you should have to know this. There are three types of companies: 1) Private Limited Company Eligibility: Minimum 2 directors and 2 shareholders (at least 1 Indian resident). Pros: Limited liability protecti
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Why LLP is the Best Way to Launch a Startup? 🚀🚀 Starting a business is an exciting yet challenging journey. Choosing the right legal structure is crucial, as it impacts taxation, liability, compliance, and growth. Among various options, a Limited
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Why LLP is the Best Way to Launch a Startup? 🚀🚀 Starting a business is an exciting yet challenging journey. Choosing the right legal structure is crucial, as it impacts taxation, liability, compliance, and growth. Among various options, a Limited
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