Indian Startups & their Basic Legal Compliances | Corporate Law Attorney in Delhi NCR
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India is on a very fast pace of development not only in terms of its GDP but also in terms of its infrastructure and entrepreneurship. The population of the country consists of young and dynamic people who have now boarded on their journey and have been launching and incorporating new businesses which can been referred as “Start-up”. Each Start-up has to fulfill a lot of legal compliances i.e. statutory and non-statutory from the time of its inception and also during its working. The first and foremost requirement before a Start-up is to be clear about the nature and type of its business. Founders will need to incorporate the business as a specific business typ having a separate legal entity i.e. Sole Proprietorship, registered and unregistered Partnerships, Companies etc and each business type comes with its own set of statutory and non-statutory compliances.
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