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Vedant SD

Finance Geek | Conte... • 1y

Day 29: Legal Masala for Your Bangalore Startup Spice up your startup journey! Here's the legal masala you need to navigate Bangalore's business world: * Structure Showdown: Decide your game plan - sole proprietor, partnership, or LLC? Each has its own flavor of liability and taxes. * Registration Raita: Get your business officially sizzling! Register with the MCA to operate legally and avoid a regulatory pickle. * License Labyrinth: Not all businesses are created equal. Research industry-specific licenses and permits to keep your operations squeaky clean. * Tax Tandoor: From GST to income tax, understand the tax landscape. Consider a professional to navigate this complex menu. * IP Invigorator: Protect your secret sauce! Trademark your brand and explore patents for unique inventions to keep copycats at bay. By getting the legalities in order, you'll lay a strong foundation for your Bangalore startup. Remember, consulting a lawyer ensures a smooth journey. DYOR 😅.

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