Starting a Business

Many founders are confused about what kind of entity to register once they start their business. Should it be a private Ltd., limited liability partnership, partnership firm, one-person company, or a sole proprietorship? Each of those has very specific advantages and drawbacks. there’s no one type for all businesses. A private Ltd. registration, for instance, would be an honest fit for any venture which will search for funding at a later stage. you can contact LegalMaps for all the recommendation you need. We assure you of great service at an affordable price. you’ll find a company name availability here.

Intellectual Property

In modern business, there’s no other asset as valuable as intellectual property, and yet numerous startups find themselves neglecting it. But this is often surely not advisable, as trademarks, copyrights, and patents make sure that you’ve got sole rights to your creation, be it your brand, your designs, or your inventions. At LegalMaps, we are well equipped to handle all of your IP requirements. We facilitate trademark applications in only three days, copyright registration for all of your software, pictures, audio, and video content, and may connect you to patent attorneys to conduct a patent search and file your patent applications. you’ll find a Trademark availability here.

Government Registrations

In India, you would like a license for everything in business. Started a manufacturing business? you would like a GST Registration and a Trade License. For a food business, you would like an FSSAI license. Have employees? you would like a professional Tax registration and Shops & Establishments Act Registration. If that’s not enough, you furthermore may get to file GST Returns and Professional Tax Returns.

Legal Documentation

The worst way to approach a business is to only get into new partnerships and arenas without examining any consequences. By getting a professional lawyer to draft contracts or agreements with new vendors, employees, and investors, you’re ensuring that you simply have all the downsides covered. At LegalMaps, we connect you to lawyers who will deliver complex documents, from shareholder’s agreements and founders’ agreements to terms of service/privacy policy and non-disclosure agreements, at an affordable cost during a few days’ time.

Mandatory Compliance

It’s not enough to possess started a private Ltd. or an LLP. you would like to suits all the wants of the Ministry of Corporate Affairs and taxation Act once you are doing. you would like to tell them of each relevant change you create, whether it’s adding a director, removing a partner, or increasing authorised share capital. you furthermore may get to file annual returns and maintain your accounts. within the case of a private Ltd., you even need them audited. At LegalMaps, we facilitate these services completely online. which suggests you’ll engage a professional on retainer for the year and we’ll make sure that all the formalities are completed for you while you focus on your business.