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Need help for starting e commerce business what are the legalities
16-Aug-2023 (In Startup Law)
Hello I want to start my e commerce business. My business is in planning stage right now. What legal procedure do i have to follow to start my business. Is it legal to sell 1st copy(replica) products? And what if i get bill etc. Is it still illegal. What is MSME registration? Should we register with it in starting phase. Thank you
It all depends on services going to be offer on e-commerce website, but you have to ensure that your website complies with IT act 2000 and TCCPR 2010 regulations, also there is special provision and mandate for grievances officer etc, on legal side you have to comply with IT act, data security and privacy, payment gateway security ( under SDPI). If you fail to take care of any thing special on IT part you will be responsible under criminal and civil, read bit about to have meaningful discussion with council, if you want self-reading please read FDI policies and compliances on e-commerce, and read section 72A, 72, 79 & 43 IT act although there is more this should be enough for now!! good luck
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Adv. Nischal Arvind Singh
Delhi | 25+ Answers
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Congratulations for your new venture.
You first need to register your entity , like company, LLP, PARTNERSHIP, Etc, as per your business models and requirements. No its illegal to sell any replica unless the designs registration has expired of the original owner.
You can opt for digital bills or offline billing as per needs, or you can also go for both.
MSME Registration is done with the ministry for getting benefits, but it is not necessary though recommended.
You can register at any point of time after you fulfill the eligibility.
You first need to register your entity , like company, LLP, PARTNERSHIP, Etc, as per your business models and requirements. No its illegal to sell any replica unless the designs registration has expired of the original owner.
You can opt for digital bills or offline billing as per needs, or you can also go for both.
MSME Registration is done with the ministry for getting benefits, but it is not necessary though recommended.
You can register at any point of time after you fulfill the eligibility.
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Adv. Rajesh Kumar
Delhi | 25+ Answers
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