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Hello, I want to open an online business to sell products like clothes, shoes, etc. What kind of license do I need? Any other legal compliance?
You have to take the following steps to set up your e-commerce business:
- Register your business as a Sole Proprietorship/ LLC/ Private Ltd. Company
- Obtain a GST Tax Registration
- Open a bank acco...
Professional
Hello, I want to open an online business to sell products like clothes, shoes, etc. What kind of license do I need? Any other legal compliance?
-
ProfessionalYou have to take the following steps to set up your e-commerce business:
- Register your business as a Sole Proprietorship/ LLC/ Private Ltd. Company
- Obtain a GST Tax Registration
- Open a bank account in the name of the business
- Set up a payment gateway to process customer payment
- For your website - draft the terms & conditions, privacy policy, disclaimer, return policy, etc.
- Compliance with cyber-law due diligence is mandatory. E-commerce websites in India must ensure privacy protection, data protection, data security, cybersecurity, confidentiality maintenance etc.
- Get the domain name for your website registered.
- Other agreements like - Cofounders Agreement, Vendor Agreement
- If you use any logo/design, get the necessary intellectual right protection.
To take this discussion forward and get your business registered seamlessly, all you have to do is ->"Get Started"
almost 3 years ago
View answer
Hello, I want to open an online business to sell products like clothes, shoes, etc. What kind of license do I need? Any other legal compliance?
-
Professional
You have to take the following steps to set up your e-commerce business:
- Register your business as a Sole Proprietorship/ LLC/ Private Ltd. Company
- Obtain a GST Tax Registration
- Open a bank account in the name of the business
- Set up a payment gateway to process customer payment
- For your website - draft the terms & conditions, privacy policy, disclaimer, return policy, etc.
- Compliance with cyber-law due diligence is mandatory. E-commerce websites in India must ensure privacy protection, data protection, data security, cybersecurity, confidentiality maintenance etc.
- Get the domain name for your website registered.
- Other agreements like - Cofounders Agreement, Vendor Agreement
- If you use any logo/design, get the necessary intellectual right protection.
To take this discussion forward and get your business registered seamlessly, all you have to do is ->"Get Started"
almost 3 years ago
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