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Legal issues regarding startup of a music production company
26-Jun-2023 (In Startup Law)
I would like to start a music production company what are the legal aspects of starting a company
There are 5 types of companies that can be registered in India
1.Sole Proprietorship Company
2.Partnership Company
3.One Person Company
4.Limited Liability Partnership
5.Private Limited Company
Better register the company as per companies act .Private Limited Companies are the most preferred option for any startup that is looking at scaling up by external funding as it is very easy in Private Limited Company to issue fresh equity shares in lieu of funding received.No special business license is required for music production companies.Also take license from local body .
1.Sole Proprietorship Company
2.Partnership Company
3.One Person Company
4.Limited Liability Partnership
5.Private Limited Company
Better register the company as per companies act .Private Limited Companies are the most preferred option for any startup that is looking at scaling up by external funding as it is very easy in Private Limited Company to issue fresh equity shares in lieu of funding received.No special business license is required for music production companies.Also take license from local body .
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Adv. Ajay NS
Ernakulam | 200+ Answers
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