For many startups, securing adequate funding is a crucial step toward turning their innovative ideas into thriving businesses. One prominent avenue for funding is venture capital (VC). Venture capital firms invest in early-stage or high-growth startups with the potential for substantial returns. However, before diving into the world of venture capital, it is essential for […]
As a business owner, it’s important to ensure that you comply with all applicable laws and regulations, including GST (Goods and Services Tax) regulations. Failure to comply with GST regulations can result in penalties, fines, and legal action. That’s why conducting a thorough GST audit is essential for businesses of all sizes. In this blog
IP valuation plays a critical role in mergers and acquisitions transactions, as it helps both the buyer and the seller to determine the value of the IP assets involved in the transaction. IP assets, such as patents, trademarks, copyrights, and trade secrets, can be significant drivers of value in M&A transactions, particularly in industries where
ROC (Registrar of Companies) compliance is important for startups for several reasons: Legal compliance: Compliance with ROC regulations ensures that a startup is legally compliant with the Companies Act, 2013, and other relevant laws and regulations. Corporate governance: ROC compliance helps maintain good corporate governance practices by ensuring transparency, accountability, and responsible decision-making by the
Starting a new business is an exciting venture, but it can also be incredibly challenging, especially when it comes to marketing. As a startup founder, you may face several common marketing challenges, such as limited resources, competition, and the need to build brand awareness from scratch. However, with the right strategies and mindset, you can
An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan that allows employees to own a portion of the company they work for through the acquisition of company stock. ESOPs are typically used as a retirement benefit, but they can also be used to provide employees with an ownership stake in the
ROC Compliance is particularly important for financial institutions, as they handle sensitive financial data and are subject to strict regulations. The role of third-party vendors: Financial institutions often rely on third-party vendors for services such as payment processing or data storage. We will discuss how financial institutions can ensure that their vendors are also compliant
AI, or artificial intelligence, is a powerful tool that can be used to prevent proactive GST tax evasion. By analyzing large amounts of data and identifying patterns and anomalies, AI can help detect potential tax evasion before it occurs. AI can also be used to automate compliance checks and reduce the risk of human error.
In recent years, we have witnessed a significant rise in social entrepreneurship and the impact it has had on changing the world. Social entrepreneurship is a relatively new concept that refers to entrepreneurs who create and run businesses with the primary objective of generating positive social and environmental impacts. These social entrepreneurs are using innovative
As a freelancer or self-employed individual, filing your income tax returns can be a difficult task. However, it is essential to file your taxes accurately and on time to avoid penalties and legal consequences. In this blog, we’ll provide you with some useful tips on how to file your income tax returns accurately. Keep your
GST on Cryptocurrencies: An Analysis of Recent Developments The emergence of cryptocurrencies has led to a change in the way we perceive and conduct financial transactions. While the decentralized nature of cryptocurrencies offers several advantages, it also poses challenges for regulatory bodies worldwide. In India, the Goods and Services Tax (GST) has been a topic
ROC compliance is a critical aspect of any online business. It refers to the set of guidelines and regulations that businesses must follow to protect the sensitive data of their customers. In this blog post, we will discuss why ROC compliance matters and how it can help protect your business online. First and foremost, ROC
Legal Suvidha has been a one-stop Compliance Provider for all start-ups and entrepreneurs.
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.
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.
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.
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.
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.
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.
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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