Introduction
Startups need to follow legal requirements to avoid compliance issues. Here’s a legal checklist to help you launch smoothly.
1. Register Your Business
- Choose the right business structure (LLP, Private Ltd, Sole Proprietorship).
- Register under MCA, GST, and Income Tax.
2. Get Necessary Licenses & Permits
- Industry-specific permits like FSSAI, MSME, and Shop & Establishment Act.
3. Tax Compliance & Legal Agreements
- Register for GST, PAN, and TDS compliance.
- Draft Founder’s Agreement, Employee Contracts, and NDAs.
Conclusion
Startups must follow corporate laws and tax regulations to operate smoothly.