Formalities and Compliances to be Adhered to by New Start-ups
Ishanee Sharma
Author - Ishanee Sharma
There has been a momentous upsurge in the number of Indian startups. Along with prevailing laws, each type of startup is governed by different legislation. It is obligatory to adhere to labour laws, tax laws, securities laws, environmental laws, contract laws, IPR laws, and many others aside to incorporation laws. There are various compliances that a company needs to follow while operating a business.
To avoid paying hefty fines for non-compliance, strict adherence to them is necessary. Every startup needs to evaluate its standing in the legal compliance spectrum, whether by a quick self-assessment or through a legal audit. It helps the startup close the gaps remaining uncovered due to ignorance or lack of knowledge. Once done, the startup must create a system to monitor amenability status and stay well-informed of the changes stirring in the regulatory and legal environment. Compliance must be a key part of the entire operating model of the startup or company. Becoming compliant enables startups to benefit from various government schemes and initiatives while being protected from severe fines and penalties of going against the law. « Read more »
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Ishanee Sharma
"Established a varied and prestigious client base in the corporate industry. Widespread exposure in the field of litigation comprising of the High courts,the company law tribunal, the Competition commission, Rera tribunals and the Supreme Court of India."
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.