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5 Essential Legal Tips for Business Setup

In this PPT, we explain 5 essential legal tips who help to novice entrepreneurs to establish his lucrative small business without any hassle. http://bit.ly/2L5kM1V

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5 Essential Legal Tips for Business Setup

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  1. AHLAWAT & ASSOCIATES ADVOCATES

  2. AHLAWAT & ASSOCIATES ADVOCATES 5 Essential Legal Tips for Business Setup

  3. AHLAWAT & ASSOCIATES ADVOCATES • These days, business setup in Indiamake news headlines every day with new pillars of success. In order to build and develop a successful business easily and smoothly, you need to follow some careful tips mentioned in this content. • These tips will help novice entrepreneurs to establish his lucrative small business without any hassle.

  4. AHLAWAT & ASSOCIATES ADVOCATES 1. Choose Your Business Structure Wisely • There are different types of companies in India, such as Limited Liability Partnership(LLP), Liaison Office, Branch Office, Project Office, and Subsidiary Company. Different laws are implemented to regulate such companies. • So, before starting your company, you need to take a decision about the type of company you want to have.o, before starting your company, you need to take a decision about the type of company you want to have. • If you don’t understand all these company formats, it would better for you to hire lawyers in India. They will help you choose the right business model depending upon the nature of your business and comfortability.

  5. AHLAWAT & ASSOCIATES ADVOCATES 2. Make All Business Contracts In Writing A company or business represents the interest of several parties, such as the company owner, employees, CEOs, shareholders, investors, affiliates, etc. Therefore, in order to avoid any conflict, you must make business contracts in writing.

  6. AHLAWAT & ASSOCIATES ADVOCATES 3. Fulfill Your Tax Obligations • Taxes are a necessary part of doing business and the worst thing about them is that they are time-consuming and easily error-prone. • The taxing authorities provide you due dates and directions for filing your taxes without any fail. • Filing and paying taxes on a timely basis is essential failing which you will be subject to tax penalties, sanctions, interest, criminal proceedings, etc.

  7. AHLAWAT & ASSOCIATES ADVOCATES 4. Obtain Your Necessary Legal Documents Without Any Delay To set up your business successfully and smoothly, you need to have NOC documents from different departments and various papers as well, such as confidentiality agreements, partnership agreements, payment agreements, etc.

  8. AHLAWAT & ASSOCIATES ADVOCATES 5. Take Steps To Protect Your Intellectual Property • Protecting your intellectual property is crucial if you are expecting grandiose success in your business. Not only a unique product but important marketing and promotional tools like logos, brand names, etc. need to be protected from unauthorized usage. • IP laws help businesses establish legal ownership over their unique items as well as other assets.

  9. AHLAWAT & ASSOCIATES ADVOCATES Contact Info Mailing Address A-33, Lower Ground Floor, Defence Colony, New Delhi – 110024, India. Website & Email address https://www.ahlawatassociates.com/ admin@ahlawatasscociates.in Phone +91 11 23384517

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