Choose a Business Structure: Determine the legal structure for your startup, such as a sole proprietorship, partnership, limited liability company (LLC), or corporation. The structure will have implications for ownership, liability, and taxation.
Choose a Business Name : Select a unique and appropriate name for your startup that complies with the naming guidelines provided by the government authorities. Ensure that the chosen name is not already registered or trademarked by another entity.
Register with the Government : File the necessary registration forms and documents with the appropriate government agency or registrar. This may involve submitting information about the business structure, ownership details, business address, and other relevant information.
Obtain Licences and Permits : Identify and acquire any specific licences or permits required for your startup's industry or activities. This could include general business licences, professional licences, health and safety permits, or industry-specific permits.
Tax Registration : Register your startup for taxation purposes. Obtain a tax identification number and ensure compliance with the tax regulations and obligations of your jurisdiction. This may involve registering for value-added tax (VAT), sales tax, employer identification numbers, or other relevant tax requirements.
Employment and Labor Compliance : Understand and comply with the labour and employment laws in your jurisdiction. This includes adhering to regulations related to hiring employees, employment contracts, minimum wage laws, benefits, and workplace safety.
Intellectual Property Protection : Consider protecting your startup's intellectual property, such as trademarks, copyrights, or patents. Consult with legal experts to understand the appropriate steps and requirements for safeguarding your intellectual property assets.
The startups consider Two significant types of Intellectual Property agreements-
In case you plan to or have started a new business, you must register it under the startup registration process. We have a competent team of experts and professionals who can help you register for this service in the most appropriate manner. You can consult the professionals here for any query related to the eligibility of the criteria as well. You will be required to share all your data and thereon will be successfully registered under the startup registration program.