5 Essential Legal Tips for Business Setup

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AHLAWAT ASSOCIATES ADVOCATES
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AHLAWAT ASSOCIATES ADVOCATES
5 Essential Legal Tips for Business Setup
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AHLAWAT ASSOCIATES ADVOCATES

• These days, business setup in India make news
  headlines every day with new pillars of success.
  In order to build and develop a successful
  business easily and smoothly, you need to follow
  some careful tips mentioned in this content.
• These tips will help novice entrepreneurs to
  establish his lucrative small business without
  any hassle.

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AHLAWAT ASSOCIATES ADVOCATES
1. Choose Your Business Structure Wisely

• There are different types of companies in India,
  such as Limited Liability Partnership(LLP),
  Liaison Office, Branch Office, Project Office,
  and Subsidiary Company. Different laws are
  implemented to regulate such companies.
• So, before starting your company, you need to
  take a decision about the type of company you
  want to have.o, before starting your company, you
  need to take a decision about the type of company
  you want to have.
• If you dont understand all these company
  formats, it would better for you to hire lawyers
  in India. They will help you choose the right
  business model depending upon the nature of your
  business and comfortability.

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AHLAWAT ASSOCIATES ADVOCATES
2. Make All Business Contracts In Writing
A company or business represents the interest of
several parties, such as the company owner,
employees, CEOs, shareholders, investors,
affiliates, etc. Therefore, in order to avoid any
conflict, you must make business contracts in
writing.
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AHLAWAT ASSOCIATES ADVOCATES
3. Fulfill Your Tax Obligations

• Taxes are a necessary part of doing business and
  the worst thing about them is that they are
  time-consuming and easily error-prone.
• The taxing authorities provide you due dates and
  directions for filing your taxes without any
  fail.
• Filing and paying taxes on a timely basis is
  essential failing which you will be subject to
  tax penalties, sanctions, interest, criminal
  proceedings, etc.

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AHLAWAT ASSOCIATES ADVOCATES
4. Obtain Your Necessary Legal Documents Without
Any Delay
To set up your business successfully and
smoothly, you need to have NOC documents from
different departments and various papers as well,
such as confidentiality agreements, partnership
agreements, payment agreements, etc.
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AHLAWAT ASSOCIATES ADVOCATES
5. Take Steps To Protect Your Intellectual
Property

• Protecting your intellectual property is crucial
  if you are expecting grandiose success in your
  business. Not only a unique product but important
  marketing and promotional tools like logos, brand
  names, etc. need to be protected from
  unauthorized usage.
• IP laws help businesses establish legal ownership
  over their unique items as well as other assets.

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AHLAWAT ASSOCIATES ADVOCATES
Contact Info
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Delhi 110024, India.
Website Email address
https//www.ahlawatassociates.com/ admin_at_ahlawatas
scociates.in
Phone
91 11 23384517