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Accelerators and Incubators Offering Funding in India

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Accelerators and Incubators Offering Funding in India Introduction Accelerators and incubators play a crucial role in nurturing startups in India by providing funding, mentorship, networking opportunities, and resources. While they share a common goal of supporting startups, they differ in terms of the stage they assist, the services offered, and the engagement model. Here’s a […]

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Credit Guarantee Scheme for Startups (CGSS): How It Works

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Credit Guarantee Scheme for Startups (CGSS): How It Works Introduction The Credit Guarantee Scheme for Startups (CGSS) is a government-backed initiative aimed at providing collateral-free loans to startups in India. By offering credit guarantees, the scheme encourages financial institutions to lend to startups, fostering growth and innovation. Key Features of CGSS Objective CGSS aims to

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Startup India Seed Fund Scheme: Eligibility and Benefits

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Startup India Seed Fund Scheme: Eligibility and Benefits Introduction The Startup India Seed Fund Scheme (SISFS) is a government initiative launched by the Ministry of Commerce and Industry, Government of India, to provide financial assistance to early-stage startups. This scheme addresses the funding challenges faced by startups in their initial stages, fostering innovation and entrepreneurship

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Revenue-Based Financing: Non-Dilutive Capital for Startups

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Revenue-Based Financing: Non-Dilutive Capital for Startups Revenue-Based Financing (RBF) is an alternative funding model for startups and small businesses that allows them to raise capital based on their revenue-generating potential, without giving up equity or ownership. In essence, RBF is a form of non-dilutive financing that ties the repayment to a percentage of the company’s

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Crowdfunding for Startups: Platforms and Strategies

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Crowdfunding for Startups: Platforms and Strategies Crowdfunding has become an increasingly popular method for startups to raise capital. It allows entrepreneurs to access funding from a large number of individual investors (the crowd) rather than relying on traditional financing methods such as venture capital, bank loans, or angel investors. Crowdfunding can be a game-changer, particularly

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Stages of Venture Capital Funding: Seed to Series C

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Stages of Venture Capital Funding: Seed to Series C Venture capital (VC) funding plays a crucial role in supporting the growth of startups and emerging businesses. The stages of venture capital funding are typically categorized into various rounds, with each round serving a specific purpose depending on the company’s growth stage. Below is a detailed

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Equipment Financing: How It Works for SMEs in India

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Equipment Financing: How It Works for SMEs in India   1. Introduction Equipment financing plays a pivotal role in helping small and medium enterprises (SMEs) in India acquire the tools and machinery necessary for business operations. This guide explores the ins and outs of equipment financing, helping business owners make informed decisions. 2. What is

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Overdraft Facilities for Working Capital Management in India

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Overdraft Facilities for Working Capital Management in India   1. Introduction to Overdraft Facilities An overdraft facility allows businesses to withdraw more money than what is available in their bank account, up to a pre-approved limit. This financial tool is crucial for managing short-term liquidity needs and ensuring operational efficiency. 2. How Overdraft Facilities Work

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Understanding Lines of Credit for Businesses in India

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Understanding Lines of Credit for Businesses in India Managing cash flow and financing short-term needs is a constant challenge for businesses, especially in India. One popular and flexible financial tool is a line of credit (LoC). In this guide, we’ll explore the concept of LoC, its types, benefits, and how Indian businesses can leverage it

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Pradhan Mantri Mudra Yojana: Benefits and Application

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Pradhan Mantri Mudra Yojana: Benefits and Application   The Pradhan Mantri Mudra Yojana (PMMY) is a flagship initiative launched by the Government of India in April 2015 to provide financial assistance to micro, small, and medium enterprises (MSMEs) and individuals, particularly from the underprivileged and entrepreneurial backgrounds. The primary objective is to ensure easy access

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Revenue-Based Financing: A Guide for SMEs in India

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Revenue-Based Financing: A Guide for SMEs in India What is Revenue-Based Financing (RBF)? Revenue-Based Financing (RBF) is a type of funding where businesses receive capital in exchange for a percentage of their future monthly revenue until a predetermined repayment cap is reached. Unlike traditional loans, RBF does not involve fixed EMIs or interest rates, nor

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Factoring vs. Invoice Discounting: What’s the Difference?

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Factoring vs. Invoice Discounting: What’s the Difference? Cash flow management is a critical concern for businesses, especially those that deal with a significant volume of invoices. While there are several ways to manage working capital, two popular financing solutions are Factoring and Invoice Discounting. Both options offer quick cash flow solutions, but they differ in

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

 

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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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