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What all legal formalities do i need to go through if starting a e-commerce startup as a sole propri
21-Oct-2023 (In Startup Law)
What all legal formalities do i need to go through if starting a e-commerce startup as a sole proprietor. Since i am uncertain about the results so doesn't want to spend on getting it registered and taking gst number.what would be the best option initially, so have to spend only minimal amount on legal formalities.
You may have to get registration under the relevant Shops & Establishment Act and a few other acts depending on your model of business. It is advised that you do not take short cuts because if your business does actually take off, non compliance will bring everything down. Even at the time of pitching to investors, it will be hugely beneficial for you to have had proper systems since inception.
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