What is the process and documentation of starting online business
22-Jul-2023 (In Documentation Law)
I want to start my site. but I have same different concept. Which law /act under I can start my work. Which type legal documentation I need.
Hi have I don't know what type of business you to start I give you general documents for online business
1.Company or LLP Registration-While starting an online venture it good to have a private company or LLP to have limited liability protection and improve the ease of doing business.
2.Bank Account-Once the Company or LLP is incorporated, a bank account can easily be opened in the name of the business by contacting a Bank.
3.Payment Gateway
A payment gateway would be required for a proprietary online website to process customer payments. Payment gateway providers allow for the website to accept credit card, debit card, net banking, internet banking payments from multiple banks and credit card companies. Therefore, one payment gateway is sufficient to accept many forms of online payments
4.Legal Documents
While selling online, it is important to protect the business and the promoters of the business through proper legal documentation and contracts for your business. The terms and conditions, disclaimer and privacy policy would have to be drafted by the business based on the nature of its activities and products sold online.
5.Adherence to cyber law crimes
6.CERTAIN PIECES OF ADVICE TO BE KEPT IN MIND TO AVOID ANY LEGAL HASSLES:
Taxes-Until the Goods and Services Tax regime comes into force in India, service providers in many sectors will have to pay tax on the services rendered by them.
7.Intellectual Property Protection- registration of trademark
These are the small documents list which we required before starting the online company.
1.Company or LLP Registration-While starting an online venture it good to have a private company or LLP to have limited liability protection and improve the ease of doing business.
2.Bank Account-Once the Company or LLP is incorporated, a bank account can easily be opened in the name of the business by contacting a Bank.
3.Payment Gateway
A payment gateway would be required for a proprietary online website to process customer payments. Payment gateway providers allow for the website to accept credit card, debit card, net banking, internet banking payments from multiple banks and credit card companies. Therefore, one payment gateway is sufficient to accept many forms of online payments
4.Legal Documents
While selling online, it is important to protect the business and the promoters of the business through proper legal documentation and contracts for your business. The terms and conditions, disclaimer and privacy policy would have to be drafted by the business based on the nature of its activities and products sold online.
5.Adherence to cyber law crimes
6.CERTAIN PIECES OF ADVICE TO BE KEPT IN MIND TO AVOID ANY LEGAL HASSLES:
Taxes-Until the Goods and Services Tax regime comes into force in India, service providers in many sectors will have to pay tax on the services rendered by them.
7.Intellectual Property Protection- registration of trademark
These are the small documents list which we required before starting the online company.
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