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The Ultimate Guide to Starting Your Startup: From Idea to Launch and Beyond

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Introduction The startup ecosystem thrives on innovation, yet navigating it requires meticulous planning and strategic decision-making. This guide offers a comprehensive roadmap for aspiring entrepreneurs, from ideation to launch and beyond, equipping you with the knowledge needed for a successful startup journey.   Part 1: Ideation and Validation   Finding Your Idea Innovation starts with …

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eForm FC-3: Explanation and Requirements

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Mandatory Filing: Every foreign company must prepare and file financial statements within 6 months at the end of its financial year to Delhi ROC using eForm FC-3. Legal Basis: Companies Act, 2013: Section 381 Companies (Registration of Foreign Companies) Rules, 2014: Rules 4, 5, and 6 Documents Required: Financial Statements: Prepared for Indian business operations …

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Understanding Form ADT-3: Auditor Resignation Statement

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Form ADT-3 is a statutory document mandated by Section 140(2) of the Companies Act, 2013, and Rule 8 of the Companies (Audit and Auditors) Rules, 2014. It is essential for auditors who resign from a company to file this form within 30 days from the date of their resignation. Legal Obligations As per Section 140(2) …

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E-Registering a Trademark in India: Step-by-step Guide and Fees

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A trademark is an emblematic symbol, logo, or brand name that distinguishes one company from another. Well-known trademarks like the Nike tick symbol, the Puma wild cat, and brands like Amul and Nestle are instantly recognizable by customers. Registering a trademark is a crucial step for standing out in a competitive market and protecting your …

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FSSAI Registration for Home Bakers: A Comprehensive Guide

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Introduction to FSSAI: The Food Safety and Standards Authority of India (FSSAI) is a government-established regulatory body overseeing food safety and quality in India. FSSAI mandates registration for home bakers to ensure adherence to food safety standards and guidelines. What is FSSAI Registration for Home Bakers? FSSAI serves as an independent body ensuring food safety …

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Distinguishing Between Public and Private Companies in India

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Although public and private companies share some similarities, they possess significant legal distinctions. A Private Limited Company is collectively owned and operated by its members, whereas a Public Limited Company, as governed by the Companies Act 2013, has limited liability and extends its stock offerings to the public through mechanisms like an Initial Public Offering …

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The Registration Process under GST Section 68: How to Enroll for GST

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Every business conducting operations in India is obligated to undergo GST Registration, a mandatory requirement ensuring streamlined taxation and prevention of tax fraud. The Goods and Services Tax (GST) is a significant taxation reform in India, unifying various indirect taxes imposed by Central and State Governments. Section 68 of the IT Act necessitates GST Registration …

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Understanding eForm INC-22 for Registered Office Verification

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eForm INC-22 is a mandatory filing required by companies to provide the Registrar with verification of their registered office within thirty days from their incorporation date. Additionally, any subsequent changes in the registered office location must be communicated within fifteen days using the same eForm INC-22. This filing obligation is stipulated under Sections 12 (2) …

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Private Limited Company Compliances in India: Benefits, Requirements, and Consequences

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Compliance with regulatory requirements is vital for companies operating in India, irrespective of their categorization—be it a Private Limited Company, Public Company, or One Person Private Limited Company as per the Companies Act 2013. Fulfilling these obligations outlined by the Ministry of Corporate Affairs is crucial for the well-being of the company. In this comprehensive …

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Understanding eForm GNL-1: Fees and Application Purposes

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eForm GNL-1 serves as an application submitted to the Registrar of Companies under the Companies Act, 2013. It covers a spectrum of purposes, including compounding offenses, extending the AGM up to three months, schemes of arrangement, amalgamation, and other legally mandated reasons. The necessity for filing eForm GNL-1 is detailed in rule 12(2) of the …

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Understanding Form CHG-1 and Its Significance

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All companies are mandated to register specifics regarding the creation or modification of charges within a designated timeframe with the Registrar of Companies. These charges can encompass various asset types, either within or outside India, and may be in favor of entities like banks or financial institutions. Indian companies must file using eForm CHG-1, while …

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Legal Suvidha has been a one-stop Compliance Provider for all start-ups and entrepreneurs.

 

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Legal Suvidha :

Want to Setup your business in India? Connect with the best Online Registration, Licenses and Return filing solution providers for business across India. Since 2007, LegalSuvidha has been a one-stop shop for all startups or entrepreneurs looking for a chartered accountant, company secretary or lawyer. We have been ensuring Startups and SMEs are fully compliant with India’s legal system. Over the past 15 years, the depth of our offerings has increased and that too at affordable prices and customer satisfaction has made our standing different and we are giving a tough competition to other online facilitators of legal services in India. We have the best team for Company incorporation, Trademark Registration, Auditing, Advisory and Tax Filing for large, medium, small businesses and Startups in India.

Starting a Business :

Most of the budding entrepreneurs are in dilemma about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship? Each of these has its advantages and disadvantages. The type of entity should be chosen only after one round of consultation with our experts, as they will be in a better position to guide on the same. For example, Registering as a private limited company would be a good fit for any venture that will look for funding at a later stage. You can contact Legalsuvidha for any type of registration and advice you need for your business transactions. We assure you of great professional service at a reasonable price. You can connect with us for a free check on the Company name availability.

Intellectual Property :

The importance of intellectual property is very much but most of the businesses are not aware of the same. We at LegalSuvidha simplify the process for you to register a Trademark for your brand, to get copyright for your artistic, creative ability and will also help you in patenting the process after a proper patent search patents which will ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At Legalsuvidha, we are very well equipped to handle all your IP requirements. We facilitate trademark applications in just two days, copyright registration for all your software, pictures, audio, and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.

Government Registrations :

To do any business in India, you need a license for almost everything. Started a manufacturing business? You need a GST Registration and a Trade License. For a food business, you need an FSSAI license. In case you have employees, You need a Professional Tax registration and Shops & Establishments Act Registration. If that’s not enough, you also need to file GST Returns and Professional Tax Returns.

Legal Documentation :

There is a lot of importance of legal documentation when you start your business, whether with your Investors, partners/co-directors, employees and any vendors you deal with. By getting a lawyer to draft contracts or agreements with new vendors, employees, and investors, you’re ensuring that you have all the downsides covered. At LegalSuvidha, we connect you to lawyers who will deliver complex documents, from shareholders’ agreements and founders’ agreements to terms of service/privacy policy and non-disclosure agreements, at a reasonable cost in a few days.

Mandatory Compliance :

It’s not enough to have started a private limited company or an LLP. You need to comply with all the requirements of the Ministry of Corporate Affairs, Central Board of Indirect taxes and Central Board of direct taxes once you register your business. You need to inform them of every relevant change you make, whether it is adding a director, removing a partner or increasing authorized share capital. You also need to file annual returns and maintain your accounts. In the case of a private limited company, you even need them audited. At LegalSuvidha, we facilitate all these services completely online. This means you can engage a professional on retainer for the year and we’ll ensure that all the formalities are completed for you while you focus on your business.

ITR portal for Salaried employees and Businesses :

We are Authorized e-return Intermediaries and have recently launched our own ITR filing platform, this will help the salaried employees and businesses to get their ITR filed within the time and at a reasonable price. Through the use of automation, the system is highly effective and will help in filing ITR in up to 10 minutes for Salaried employees. We have on-boarded the best Chartered Accountants who will provide consultation for both Salaried employees and Businesses to file proper taxes to the government of India. This will help in avoiding legal notices in the future and will also help in getting the returns processed at the earliest. We are the first in the market to launch the ITR filing facility for FY 2018-19.

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