Formalities that will be needed to start a Business”
- Register your business, give it the legal existence that is required.
These are the following option to register as legal Business:-
- Register as Sole Proprietorship Firm
- Register as Partnership Firm
- Register a Limited Liability Partnership
- Register as Private Limited Company
- GST Registration because without GST Registration you cannot sell in the Marketplace.
- A Current Account is required for operating the Business.
- Payment gateway integration and related compliance to accept any form of online payments.
- There are digital agreements like ‘Terms of Service’ and ‘Privacy Policy’ are mandatory documents that have to be put up on your website.
With these compliances in place, you can run your business without any glitches for 6-12 months. As your company grows, organizational responsibilities increases, the case is same in case of legal and accounting compliance works that has to be performed with growth.
‘Get a Wazzeer’ to have an expert Lawyer or a CA to take care of all the above-mentioned compliances seamlessly.
Best Regards,
Your Wazzeer
over 4 years ago