Unicorn Startup is a privately held technology company valued at $1 billion or more. The term “unicorn” was coined in 2013 by venture capitalist Aileen Lee to describe the rarity of such companies. These companies are often characterized by rapid growth, significant market disruption and have the potential to change the way industries operate. UNICORN …
STARTUP INDIA SCHEME: DEFINITION, ELIGIBILITY & TAX EXEMPTION The Startup India Scheme is an initiative of the Government of India in 2016. The primary objective of Startup India is the promotion of startups, the generation of employment, and wealth creation. Startup India has initiated several programs for building a robust startup ecosystem and transforming India …
DOMESTIC MARKET PROMOTION (DMP) SCEHME INTRODUCTION: The Domestic Market Promotion (DMP) Scheme is introduced by the Coir Board in lieu of the Rebate Scheme. The DMP scheme is linked with the sales performance of the beneficiary/unit. The DMP scheme aims to provide incentives for better performance. PURPOSE OF THE SCHEME: The main goal of the …
Credit Guarantee for Startups A credit guarantee for startups is a type of financial support provided by the government or other financial institutions to help small businesses access credit from banks or other lenders. The guarantee helps to mitigate the risk for the lender by providing a guarantee that the loan will be repaid, even …
The Startup India registration is a process by which start-ups can register themselves with the Department for Promotion of Industry and Internal Trade (DPIIT) to become eligible for the benefits provided under the Startup India scheme. BENEFITS OF STARTUP INDIA REGISTRATION The government under the leadership of PM Narendra Modi has started and promoted Startup …
EVERYTHING YOU NEED TO KNOW ABOUT NSIC SINGLE POINT REGISTRATION The Single Point Registration Scheme was introduced in 1976 with the objective to avoid the multiple registrations. NSIC (National Small Industries Corporation Limited) has been working to promote aid and faster the growth of micro, small and medium enterprises in the country. NSIC is public …
AN OVERVIEW OF STARTUP INDIA SEED FUND SCHEME Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Shri Piyush Goyal launched the Startup India Seed Fund Scheme (SISFS). The Fund aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. The Scheme …
FOUR FINTECH HELP IN EMPOWERMENT OF MSME’s TO AVAIL EASY LOAN Fintechs helps MSME’s to access loan to grow and expand their businesses. MSME is the abbreviation used for Micro, small and medium enterprises. MSM Enterprises or small-scale industries (SSIs) are like a backbone of the economy of the developing country like India. The growth …
Process and Eligibility Criteria for Initial Public Offerings (IPO) The Initial Public Offering (IPO) is a very important point at which an unlisted company decides to go public for the first time by publicly listing its shares and selling its stocks to the investors. It is an offer of shares typically made to raise capital for …
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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