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Legal Formalities for Starting a Small Business – Fundamentals To Be Aware Of

Find out the legal formalities for starting a small business in India. Know the different types of registrations.

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Legal Formalities for Starting a Small Business – Fundamentals To Be Aware Of

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  1. Legal Formalities for Starting a Small Business – Fundamentals To Be Aware Of Starting a business in India is not a child’s play. Ranging from financial regulations, law regulations related to employment and tax obligations, there are several aspects that you must consider before starting your business here. Legal startups in India have mushroomed of late and with that the need to abide by the legal formalities for starting a small business in India. Legal requirements apply to startups and those businesses that have already established themselves and are old enough. In this brief article, let us find out the legal formalities for starting a small business in India.

  2. Legal requirements for starting a business in India – follow these steps Any entrepreneur intending to set up a business in India must ensure that the business model complies with the laws of the land. And one such step is to register the business legally. If you have registered the company, the next step is to select the business or company structure while at the same time looking into the documentation of the same. To start a business, you can choose from among the following types of proprietorship, namely, 1.Partnership 2.Sole Proprietorship 3.OPC or One Person Company 4.LLP or Limited Liability Partnership 5.Private Limited Company 6.Public Limited Company

  3. You can read the full content:https://www.businessupside.in/legal- formalities-for-starting-a-small-business/ Business Upside India Email ID: support@businessupside.com Phone No.: 1800-270-3002 Visit Us: https://www.businessupside.in/ Stay Connected Via: https://www.facebook.com/businessupside https://www.youtube.com/c/BusinessUpside https://twitter.com/BusinessUpside1 https://www.instagram.com/businessupsideusa/ https://www.linkedin.com/company/businessupside/

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