Essential Legal Compliance That Every Startup Should Know

1. Essential Legal Compliance That Every Startup Should Know Many social and technological of recent years are owed to an explosion in the culture of a startup. Be it Amazon, Flipkart, or even Urban company; tech based startups have simplified the tedious process by making themselves directly accessible to you at your finger-tips. As we celebrate this new-age of startups and their contribution to our Indian economy, it is also essential for us to know the provisions of the legal system supporting the same. The laws that need to be followed, whether the website or app requires to be registered or not, and also of the presence of some special government schemes are availed for startups. Choosing the type of business You must understand the type of company you are starting, as each style has its own rules and regulations, that determine, registration, taxation, etc. And under Indian law only, private limited company, a partnership firm can be considered as a startup.

2. Registering your startup, Before commencing operations, you need to register your startup as a legitimate business, following the required registration process. founding agreements It is prudent to make a founding agreement that has details of the roles and responsibilities of each founder, along with operational information. protecting your intellectual property It is essential to protect your innovative ideas that are the basis of your startup. While registration for a trademark patent can often be a complicated process, but there are government schemes under Startup India initiative that makes these process easy and affordable. Startup Lab, being a refined and experienced Company Registration, is a Brand Patent Registration. Provides you with startup IT services in Delhi, Annual Compliance Services, Registered Patent Attorney Search and also serve you for Compliance Services for Startups and LLP Registration are available to you with an affordable cost.