The first year of your startup journey is exciting but often challenging, especially when it comes to securing funding. Investors want to see a solid plan, compliance readiness, and financial discipline before they write a check. Here’s a step-by-step guide for new founders on how to make your startup funding-ready and attract the right investors. […]
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Starting a business is a bold move, and the first year is critical. As a founder, it’s easy to get overwhelmed by everything on your plate—building your product, managing finances, finding clients, and handling compliance. But here’s the truth: you don’t have to do it all alone. The key to a successful first year lies
Your First Year as a Founder – How to Stay Focused on What Matters Most Read More »
Starting a business is thrilling, but the early days can also be overwhelming. Among the many things on your plate, compliance might not feel like the most exciting task. However, ignoring compliance can lead to penalties that cost you time, money, and peace of mind. Here’s a simple, practical guide to help you avoid common
How to Avoid Penalties in Year One of Your Startup Journey Read More »
Starting a business is exciting, but taxes can feel intimidating—especially if you’re new to GST (Goods and Services Tax). As a founder, you’re already juggling product development, team building, and customer acquisition. The last thing you want is to worry about penalties or compliance issues. Here’s a simple, no-jargon guide to help you understand GST
Starting a company is a huge milestone—congratulations! But incorporation is just the first step. Now comes the crucial part: setting up operations, staying compliant, and preparing for growth. To help you navigate this phase, here’s a step-by-step checklist to ensure your startup starts on the right foot. 1. Open a Current Bank Account A dedicated
Post-Incorporation Checklist for Smooth Startup Operations Read More »
Starting a business is an exciting journey, but staying compliant can feel overwhelming for new founders. While you focus on building your dream venture, compliance might seem like a tedious task—yet ignoring it can lead to costly penalties and unnecessary stress. To help you navigate this crucial aspect of your startup, we’ve outlined the 10
10 Compliance Mistakes Startups Make in Their First Year and How to Avoid Them Read More »
Valuations play a pivotal role in scaling your business. Whether you’re preparing for funding, strategic planning, or mergers and acquisitions, understanding the true worth of your company gives you valuable insights for decision-making and growth. A business valuation isn’t just a financial number; it’s a reflection of your company’s potential, risk, and opportunities in the
Disclaimer: This content includes multiple resources and references attached for relevant topics to provide comprehensive and authentic information. These references are sourced from reliable and verified platforms. Readers are encouraged to bookmark this page for future reference and to access the attached resources easily. What is an ESOP? Meaning: An Employee Stock Option Plan (ESOP)
Complete Guide to ESOP Valuation: Understanding and Importance Read More »
Hello everyone! In today’s post, I want to discuss three crucial pillars that every founder should keep in mind when starting a business. If you’ve been following my previous discussions, you might already have an idea of what these are. While they may seem basic, fully grasping their importance can take some time. Let’s dive
Three Pillars Every Founder Should Focus On When Starting Up a Startup Read More »
Starting your own business is an exciting journey, and registering it as a Private Limited Company (Pvt Ltd) in India offers numerous benefits. However, understanding the registration process and associated fees can be confusing for many aspiring entrepreneurs. This comprehensive guide breaks down everything you need to know about Pvt Ltd company registration fees in
Understanding Pvt Ltd Company Registration Fees in India: A Complete Guide Read More »
What is DSC (Digital Signature Certificate)? In today’s digital age, ensuring the security and authenticity of electronic transactions and communications is paramount. One crucial tool in achieving this is the Digital Signature Certificate (DSC). This blog will delve into what a DSC is, its types, how it works, its importance, how to obtain Digital Signature
New TDS Rules for Social Media Influencers: What You Need to Know (Covering the 10% TDS on Benefits Over ₹20,000 Under Section 194R) Introduction Social media influencers have become a significant force in the marketing landscape, leveraging their online presence to promote products and services. As their influence and income grow, it is crucial for
New TDS Rules for Social Media Influencers under Section 194R Read More »
MSME Suvidha Powered By Legal Suvidha has been a one-stop Compliance Provider for all start-ups and entrepreneurs.
Want to Setup your business in India? Connect with the best Online Registration, Licenses and Return filing solution providers for business across India. Since 2007, LegalSuvidha has been a one-stop shop for all startups or entrepreneurs looking for a chartered accountant, company secretary or lawyer. We have been ensuring Startups and SMEs are fully compliant with India’s legal system. Over the past 15 years, the depth of our offerings has increased and that too at affordable prices and customer satisfaction has made our standing different and we are giving a tough competition to other online facilitators of legal services in India. We have the best team for Company incorporation, Trademark Registration, Auditing, Advisory and Tax Filing for large, medium, small businesses and Startups in India.
Most of the budding entrepreneurs are in dilemma about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship? Each of these has its advantages and disadvantages. The type of entity should be chosen only after one round of consultation with our experts, as they will be in a better position to guide on the same. For example, Registering as a private limited company would be a good fit for any venture that will look for funding at a later stage. You can contact Legalsuvidha for any type of registration and advice you need for your business transactions. We assure you of great professional service at a reasonable price. You can connect with us for a free check on the Company name availability.
The importance of intellectual property is very much but most of the businesses are not aware of the same. We at LegalSuvidha simplify the process for you to register a Trademark for your brand, to get copyright for your artistic, creative ability and will also help you in patenting the process after a proper patent search patents which will ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At Legalsuvidha, we are very well equipped to handle all your IP requirements. We facilitate trademark applications in just two days, copyright registration for all your software, pictures, audio, and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.
To do any business in India, you need a license for almost everything. Started a manufacturing business? You need a GST Registration and a Trade License. For a food business, you need an FSSAI license. In case you have employees, You need a Professional Tax registration and Shops & Establishments Act Registration. If that’s not enough, you also need to file GST Returns and Professional Tax Returns.
There is a lot of importance of legal documentation when you start your business, whether with your Investors, partners/co-directors, employees and any vendors you deal with. By getting a lawyer to draft contracts or agreements with new vendors, employees, and investors, you’re ensuring that you have all the downsides covered. At LegalSuvidha, we connect you to lawyers who will deliver complex documents, from shareholders’ agreements and founders’ agreements to terms of service/privacy policy and non-disclosure agreements, at a reasonable cost in a few days.
It’s not enough to have started a private limited company or an LLP. You need to comply with all the requirements of the Ministry of Corporate Affairs, Central Board of Indirect taxes and Central Board of direct taxes once you register your business. You need to inform them of every relevant change you make, whether it is adding a director, removing a partner or increasing authorized share capital. You also need to file annual returns and maintain your accounts. In the case of a private limited company, you even need them audited. At LegalSuvidha, we facilitate all these services completely online. This means you can engage a professional on retainer for the year and we’ll ensure that all the formalities are completed for you while you focus on your business.
We are Authorized e-return Intermediaries and have recently launched our own ITR filing platform, this will help the salaried employees and businesses to get their ITR filed within the time and at a reasonable price. Through the use of automation, the system is highly effective and will help in filing ITR in up to 10 minutes for Salaried employees. We have on-boarded the best Chartered Accountants who will provide consultation for both Salaried employees and Businesses to file proper taxes to the government of India. This will help in avoiding legal notices in the future and will also help in getting the returns processed at the earliest. We are the first in the market to launch the ITR filing facility for FY 2018-19.
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