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Commencement of Business: There are various options to consider when starting a business, such as a private limited company, limited liability partnership, partnership firm, one-person company, or sole proprietorship. Each option has its own set of advantages and disadvantages, so it’s important to choose the one that is the best fit for your business. For example, a private limited company registration might be a good choice if you plan to seek funding in the future. If you need assistance in deciding which option is right for you, you can contact Start-Up Kro Team for advice. They offer excellent service at a reasonable price and can also help you check the availability of a company name here.

Mandatory Compliance: It means that if you have started a private limited company or an LLP, it is not enough. You must follow all the rules and regulations set by the Ministry of Corporate Affairs and the Income Tax Act. This includes letting them know about any changes to your company, such as adding or removing directors or partners, or increasing the amount of authorized share capital. You also need to file annual returns and keep your accounts up to date. If you have a private limited company, you may also need to have your accounts audited. At StartUp Kro, we offer all these services online, which means you can hire a professional to take care of all the necessary paperwork for you while you focus on running your business.”

GST/FSSAI/Trade License: In India, it is necessary to obtain various licenses and registrations in order to conduct business. For example, if you own a manufacturing business, you must obtain a GST Registration and a Trade License. If you run a food business, you will need an FSSAI license. Additionally, if you have employees, you must obtain Professional Tax registration and Shops & Establishments Act Registration. In addition to obtaining these licenses and registrations, it is also necessary to file GST Returns and Professional Tax Returns.”

It is important to note that we are a platform that connects people with reliable professionals, but we do not offer legal services ourselves. We are not a law firm. The information provided on this website is for informational purposes only and should not be considered legal advice.

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