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Wazzeer blog

Best legal and accounting services blog in India


New Rules in GST Registration and Filings

May 24, 2018

On 21st July 2017 India bought out its most significant reforms in taxation by implementing GST (Goods and Services Tax). A GST Council was formed for...

Funding Compliance

Different Sources of Funding for Startups in 2018

May 18, 2018

At different stages of startup lifecycle, namely – startup and early-stage development, growth and expansion, and maturity, the requirement for ...


Top 8 things to help you verify the legality of Employment Bonds

May 17, 2018

Employment training bond is an agreement entered by the employee and the employer stating that the employee is required to serve the agreed period, an...

Business Formation

Register business in Estonia and operate from anywhere in the world – Know How

May 9, 2018

Estonia’s business regulation is very flexible, in fact, some call it as the perfect solution for entrepreneurship, for reasons like a flat income tax...


Top Tax Havens of the World

May 7, 2018

Tax havens are defined as countries that provide foreign investors with low or zero tax rates and attractive regulatory policies. They are typically s...


How to identify if an Agreement is void?

May 3, 2018

Let me give you a real-life example that inspired me to write on this topic, A is a vendor of B and agrees to sell to B thousand pieces of carton boxe...


Financial Year End Compliance for LLP

May 2, 2018

“Annual Declaration” means a declaration required to be lodged by a Limited Liability Partnership (LLP) under section 68 of LLP Act. Annua...

Start up Lessons

How Successful startups deal with Compliance – Episode 1 with BigHaat

April 30, 2018

There are about 23% of aspiring entrepreneurs who shy off from starting up due to legal complexities. In fact, on Wazzeer Counsel application, we have...

Business Formation

A2Z of Starting a Partnership Firm in India

April 25, 2018

We at Wazzeer, have written several blogs tied up to Partnership Firm, this time we thought we will take a strategic approach, to provide all informat...


Software Patenting in India – Discover the possibilities

April 23, 2018

Software patenting has been a point of discussion for long. There have been three amendments in CRI (Computer Related Inventions) guidelines in the pa...


Taxation rules that a LLP should be aware of

April 17, 2018

Did you know that not until 2009 a defined rules set was established to govern LLP Taxation? It was Budget 2009 that realized the importance of laying...

Funding Compliance

Private Limited Company can be Loaned by these 5 Stakeholders

April 4, 2018

Credit goes to Companies (Amendment) Act, 2015 issued by the Ministry of Corporate Affairs (MCA) that made borrowing funds in form of loans from direc...


Startups in Bangalore it is high time you get Shops and Establishment License

April 2, 2018

It has come to our notice that businesses that are operating from office premises or shops in Bangalore have been encountering uninvited visits from i...

Export Import Registration

Mandatory Registrations for setting up an Export Business

March 28, 2018

The Foreign Trade (Development and Regulation) Act 1992, defines export as “taking out of India any goods by land, sea or air” Export is complete...


Top 5 Agreements for a Partnership firm

March 26, 2018

What we know about a partnership firm is, that a partnership is defined as a relation between two or more persons who have agreed to share the profits...

Winding up of Company

Things to know before initiating Winding up of a company

March 23, 2018

When over 3L directors faced directorship suspension (which means they cannot be directors in any company for 5 years), entrepreneurs or directors who...


International Double Taxation – Things to note with relevance to Indian Tax System

March 21, 2018

In the current era of cross-border transactions and constant growth of international trade and commerce, more and more residents of a country are exte...


4 Corporate Agreements you will need when your Company raises funds

March 19, 2018

In India, from the business registration point of view, under profit generating business kind, there are 5 major business entity types.  There are qui...


Corporate Criminal Liability – Can startups be held responsible for their crimes?

March 14, 2018

We all know startups, except for sole proprietorship firms and partnership firms, are considered separate legal entities, distinct and independent fro...


Top 9 Agreements related to Property in India

March 12, 2018

Majority property buyers get the agreements done by the seller, but there are agreements which the owner (or going to be the owner) of the property ha...


What if a firm takes the secretly Non – Compliant path?

March 8, 2018

A company being non – compliant, Ooh, that sounds interestingly controversial, doesn’t it? This topic has been among the most sorted topics in debate ...

Business Formation

What does the government imply by “Zero Registration Fees”?

March 7, 2018

The announcement of ‘Zero Fees for Registration of Companies having authorized capital up to INR 10L’ was a ‘Yay!’ moment for many.  Entrepreneurs, sw...

Business Formation

Bitcoin – Another Bold Legal Review

March 6, 2018

Bitcoin was the first decentralized digital currency to be introduced on the darknet by an unknown programmer using the pseudo name – ‘Satoshi Nakamot...

Secretarial Compliance

Corporate Insolvency Resolution Process and Liquidation

February 26, 2018

The Insolvency and Bankruptcy Code (IBC), based upon the recommendations of the Bankruptcy Law Reform Committee, provides for a single Code to resolve...


Ten actions that are not considered as Copyright Infringement

February 22, 2018

Wazzeer has produced articles on –  What Copyright is; How Copyright can be filed; What the top 10 questions people tend to ask about Copyright;...

Business Formation

The Companies (Amendment) Act, 2017 – What Startups should know?

February 19, 2018

The year welcomed the implementation of 15 major amendments in Companies Act, called as the ‘Companies (Amendment) Bill, 2016’ which was passed by the...

Business Formation

Wazzeer – Why we do what we do!

February 18, 2018

With loads of memory piled up, this is the very first time that our CEO Mr. Chandan Kumar who is also the Cofounder of Wazzeer opens up to a public pl...

Business Formation

3 Aspects to keep in mind before registering LLP

February 15, 2018

Entrepreneurs, in general like flexibility or rather I should say a mix of that and a mix of this, and while choosing an entity type to register their...

Business Formation

Top 10 Compliance to plan for before starting a Recruitment Agency

February 8, 2018

If you are reading this, then you are on the right track to get that dream HR Consultancy business kick off. The industry could be a fight, but with s...


Should you use R or TM for Trademark Registration?

February 5, 2018

Let me start by telling you a story, a few days back, an entrepreneur reached out to us on Counsel, seeking advice on Trademark registration. His ques...


Why does your CA say this? Episode 3

February 2, 2018

What does the CA say? Establishing Accounting Policies when your company grows in size of more than 10 employees. Is Accounting Policies rea...

Business Formation

New Rules brought by MCA that New ventures should be aware of

February 1, 2018

Recently, there has been a series of amendments made to the Companies Act, 2013. The sole objective of these changes was to encourage startups to form...

Board of Directors

Best Practices while deciding on the Board of Directors

January 31, 2018

When Stakeholders own the ship, the directors appointed by them run the ship. The board of directors stands in a fiduciary relationship with sharehold...


Breach of Contract – Consequences that Startups should avoid

January 30, 2018

Let’s take a situation here, say there are two organizations- A and B. A enters a contract with B to outsource tech team. The Contract is a well vette...


Why does your CA say this? Episode 2

January 25, 2018

What does the CA say?Maintain Employee handbook right from the early stage.Is Employee handbook really important?One of the best practice that is norm...


The kind of Food businesses that require FSSAI License

January 24, 2018

Food License or FSSAI was established to achieve three objectives:Framing an integrated Food LawPrioritizing Consumer SafetyHarmonizing food standards...


Top 3 Corporate and Securities Laws considerations in Acquisitions

January 22, 2018

1. Acquisition of Shares: Acquisitions may be via an acquisition of existing shares of the target, or by subscription to new shares of the target...


Why does your CA say this? Episode 1

January 19, 2018

What does the CA say?Maintain Chart of Accounts right from the early stage of the venture. Is Chart of Accounts really important?A company’s Char...


Startups involved in manufacturing cosmetics or Drugs, this is why and how you acquire Manufacturing License.

January 19, 2018

Ayurveda or the revolutionary remarks by Patanjali and growing demand for organically developed cosmetic products is catching up blazing demand, and w...

Federal Income Tax Returns Filing

General rules of Income Tax Returns Filing in the US

January 18, 2018

In this blog, we will look into tax rules that affect every person who may have to file a federal income tax return in the US. It answers some basic q...


Procedure to get Homestay License in India

January 17, 2018

Ever thought of starting a Homestay business and placing it for rent on Airbnb? If yes, then this is a blog is for you. Homestays are gaining populari...

Business Formation

What is the best way to Register societies (NGOs) in India?

January 12, 2018

On an average, the time consumed to register societies is around 30 days’, which is not an affordable thing for entrepreneurs. With the given regulato...

ITR Filing for Freelancers

Income Tax Returns Filing for Freelancers

January 10, 2018

Filing of Income Tax returns is a mandatory duty along with the payment of Income Tax to the Government of India. It is important to understand that I...

Contracts and Agreements

How to Manage Contracts Risk in a Startup?

January 8, 2018

 There are tons of contracts that any startup would come across in its day to day life, to remind a few – Employees contract, Vendor Agreement, L...

Business Formation

Before you become a partner in an LLP things you should know

January 4, 2018

What you know is right, to incorporate an LLP you need two or more persons with a view to becoming only subscribers of profit that the business would ...


Remedies for Copyright Infringement in India

December 20, 2017

Copyright is an asset celebrated by Copyright Certificate holders, this intellectual property protection right protects original work of authorship in...


What has to be done when you lose DSC?

December 19, 2017

As you know Digital Signature Certificate is a very important document which facilitates one to sign documents digitally and the signature is consider...


How Donations made to an NGO will save you on Income Tax?

December 18, 2017

Individuals or Businesses making a donation to an NGO are eligible to deduce the donation amount from the total income; thereby this amount will be ex...


Top 12 Agreements and Contracts for an E-commerce startup

December 14, 2017

E-commerce laws and regulations in Indian startup ecosystem are still evolving, but the general laws like – Company Law, IP Law etc., are applic...

Business Formation

How to convert OPC into another entity type?

December 13, 2017

OPC an entity dedicated to single entrepreneurs with an objective to facilitate a viable ecosystem such that single entrepreneurs can start their own ...


Patent Search – A game changer in Patent Registration process

December 8, 2017

Entrepreneurs before filing for patent registration – highly honored intellectual property rights, go through a critical step – Patent search. Patent ...

Start up Lessons

7 Laws applicable to all business types in India

December 7, 2017

Irrespective of the type of business type there are certain business laws that would be applicable to all business types. Here is the checklist of 7 L...

Subsidiary Company

Plans to start your Branch Office in India? Learn what a typical Branch Office is allowed to do

December 4, 2017

Foreign companies setting up branch offices and liaison offices require prior approval of the Reserve Bank. In India, branch offices must be registere...


How to exit from a Startup when there was no Exit Plan

December 4, 2017

Would just a good idea be sufficient to invest your money and effort into it, all based on “the Trust Factor”? No, people change as time passes by, cr...

Business Formation

Startups working their way to build a Travel Agency Product

December 1, 2017

Just to be clear, A Travel Agency (TA) is the one who makes arrangements in form of an offline/ online platform to buy tickets for travel by air, rail...


28 Questions you need to ask your Cofounders upfront

November 30, 2017

Importance of asking the right questions to the founding even before creating an entity will protect the organizational culture and safeguard relation...

Start up Lessons

Starting up in 2018? Plan to bag the Startup India incentive

November 29, 2017

Startup India stand up India is rightly called the bag of incentives because it not just makes the compliance part easy, but has compartments for a hu...

Direct Taxes

Direct Taxes in India that startups should know

November 27, 2017

In this article, we shall look into the Top 14 Direct Tax scenarios that a typical a statup in its journey would be eventually encountering with. Let&...

Business Formation

Legal regulations to Start Bike Taxi Business in India

November 24, 2017

Taxis in India have always been popular but recently, with the increasing use of technology and companies releasing their app-based models, a new mark...

Business Formation

Top 7 reasons to incorporate the startup as Private Limited Company

November 22, 2017

Out of 4 startups born every day in India, 75% register their startup. This blog is intended to remind the importance of incorporating the startup. Ye...

Partnership Firm

How to Check if your Partnership Deed is Valid?

November 21, 2017

Indian Partnership Act, 1932 clearly states that there must be an agreement between the partners of a partnership firm by a contract, and the partners...

Post Incorporation

Checklist for a New Venture planning to be Fully Compliant

November 20, 2017

Guess what is the next set of action items in the Checklist for a new Startup planning to be a fully compliant? The answer is – Legal, Accounting, and...


Trademark Registration – Multi Class Application is Trending Now

November 15, 2017

Speaking of wild thoughts, imagine if Apple had trademarked its logo just under one class, say Class 9 – It Covers all types of Mobile Applications (A...

Secretarial Compliance

Transfer of Shares – What, Why and How may it be done

November 14, 2017

Shares, like any other property, is an investment in a business which can be sold out, when something like that happens the process is called transfer...


When is an Agreement or Contract considered as breached?

November 13, 2017

Our basic understanding intimates that – when one party fails to fulfill the conditions of the contract then the agreement is considered breache...

Business Formation

What authorizations and compliance should a clinical data management and Analytics Company is required to undertake?

November 10, 2017

Whether it is laboratory services, clinical research or any other facet or practice that forms the part of the process of diagnosis of diseases, their...

Business Formation

Foreign Citizens planning to incorporate a Private Limited Company in India

November 9, 2017

Foreign direct investment up to 100% into a private limited company is under the automatic route, wherein no Central Government permission is required...

Secretarial Compliance

Just the right things to know about Shares

November 8, 2017

What are ‘Shares’? Shares are units of ownership interest in a company that provides for an equal distribution of any profits, if any are ...


SHARE CERTIFICATES goes missing – Learning from a Law suit

November 3, 2017

Ideally Shareholders should keep this document safe, but things going missing is rare but plausible. This article talks about how entrepreneurs should...

Business Formation

When you realize the Company has to be converted into an NGO

November 2, 2017

When you realize the company has to be converted into an NGO, it is never too late to roll out the conversion process, because the Indian government h...

Business Formation

To Start FMCG products Manufacturing Business in India

October 27, 2017

To Start FMCG products manufacturing business in India will invite certain scrutiny that comes under policies in fast moving consumer good (FMCG) segm...


New Rules in the GST Game that Businesses should know

October 26, 2017

SMEs are stuck in the GST  spider web, why? The regime is simply undergoing changes every now and then, the lack of not having a accounting and secret...

Contracts and Agreement

How to validate your Memorandum of Association Document?

October 25, 2017

Do you believe in perfection, so that you could just avoid rework? That is exactly what you could be achieving if Memorandum of Association (MoA) the ...

RoC Filing

During the final countdown of RoC filling what should be done

October 24, 2017

The news of Over 2 lakh directors to be barred from board posts for not complying with RoC filing has been driving awareness among startup community a...

Business Formation

How to start a business in Dubai?

October 20, 2017

Dubai in the UAE has proved to be one of the most attractive places to businessmen from all over the world. Dubai’s law expresses its leniency for fre...

Business Formation

Is One Person Company still in fashion?

October 17, 2017

When Ministry of Corporate Affairs introduced 5 entity types as options to incorporate one’s business under ‘for profit organization’, the...


How to register as an Real Estate Developer under RERA Act

October 16, 2017

The Real Estate Act makes it mandatory for all commercial and residential real estate projects where the land is over 500 square meters, or eight apar...

Post Incorporation

The Payment Systems in international trade- options for Importers and Exporters

October 15, 2017

The global market is growing at an incredible pace with the countries recognizing the importance of globalization and open economies that facilitate e...


Impact of GST on Trading Sector

October 13, 2017

The main reason to implement GST was to abolish the cascading effect on tax, with GST there is only  simplified and cost saving system as procedural c...


What do when original documents of your property is lost?

October 12, 2017

Loosing original property documents like sale deed, power of attorney, conveyance deed, agreement to sell, etc. You cannot afford to put yourself in t...

MSME Registration

Benefits under MSME Registration that Startups should not miss on

October 9, 2017

MSME enterprises are the backbone of any economy and are an engine of economic growth, promoting equitable development for all. Therefore, to support ...


12 Ways Startups can protect digital data

October 8, 2017

Startups should consider several factors when designing a data protection plan for storing and protecting digital data. In all cases, companies should...

RoC Filing

Consequences of not filing Annual Return

October 6, 2017

An Annual Return is the most important document that is to be filed by every company with the Registrar of companies as this one document reflects the...


What is e-way bill and how it could affect your business?

October 4, 2017

What is an e-way bill?GST e-way bill is an electronic bill which will be required for the movement of goods from one place to another. The bill can be...


Registered a private limited company. What next?

October 3, 2017

Once you received the certificate of incorporation, it means, all legal formalities required for company registration is completed. There are certain ...


How to Transfer Trademark to a 3rd party?

September 21, 2017

Trademark is essentially another word for brand or brand name. A trademark can be any name, word, symbol, slogan, or device that serves to both identi...


Vendor GST Registration – dealing with a vendor who is not GST registered.

September 20, 2017

The fact is, yes, when dealing with a vendor who is not GST registered, you need to pay GST for unregistered dealer on supply under Reverse Charge Mec...


GST registration is a must have to sell on Amazon

September 18, 2017

Introducing you to Ravi, whose main stream businesses was to sell designer dress materials at a local community. Ravi, seeing the positive response fr...


GST Returns who, when and how should it be filed

September 7, 2017

Since GST got rolling, we have been facing interesting questions on GST, in fact, some of them where hilarious, (comment below if you want me to share...

Restoration of Company

How to restore companies that have been stricken off?

September 6, 2017

The news of over 2 lakh directors being barred from the board and suspension of directorship for 5 years has created a turmoil in the Startup and SMEs...

RoC Filing

Over 2 lakh directors to be barred from being board member in any new venture

September 5, 2017

This news has been a buzz in the market and has put entrepreneurs and business owners in a tensed situation. Over 2 lakh directors to be barred from b...

Business Formation

Top 10 Features that Partners of Partnership Firm should know

September 4, 2017

This article will talk about the Top 10 Features that Partners of Partnership Firm should know:Two or more Members – At least two members are re...

E-commerce Taxation

Legal and Tax Compliance for an E-commerce startup in India

September 1, 2017

Running a business through e-commerce may seem uncomplicated and economical, there are a variety of legal factors that an e-commerce business must ser...

Funding Compliance

How can I raise funding for my healthcare startup?

August 30, 2017

The growth of the IT sector in India has led to the emergence of Healthcare Tech sector in India. And, as a part of this immense development, to scale...


Planning to enter an MoU? Here is the quick guide

August 29, 2017

Before we talk about MoU, I will quickly help you distinguish between Contract and MoU. A contract is a legally enforceable agreement between two or m...


What does an LLP Agreement consist that partners should know?

August 28, 2017

Before an LLP could start its operations, an LLP agreement is should be entered between partners. LLP agreement covers how members can be expelled, an...


Startups planning to Export – Top 3 things to note

August 22, 2017

Export and Import trade is regulated by the Directorate General of Foreign Trade (DGFT) and its regional offices, functioning under the Ministry of Co...


< 1 Year old startups here are the 7 Tax Questions to nearly memorize

August 18, 2017

Early stage startups are usually busy with Bootstrapping, less than 6 months old startups, 99% do not have a proper accounting advisors in place. Ther...


Joint Venture Agreement – Who, Why, How, and What are the requirements

August 17, 2017

For an Indian company can partner with a Foreign Company, Joint Venture is the solution. This article will talk on the lines of eligibility criteria, ...

Business Formation

Alert Founders! Top 15 Business Registration Questions this Year

August 9, 2017

This year is seeing the most remarkable changes, be it GST, AADHAR, RoC Filing penalties etc. One thing that we all can agree upon is our nation is sh...

Make in India

‘Make in India’ incentives for Manufacturing Startups

July 31, 2017

The opening Page of Make in India greets with the words “To facilitate investment, foster innovation and enhance Skill development” These words signif...

Business Formation

This is why Coca Cola Started as a Sole Proprietorship in 1980’s

July 26, 2017

There are 11 Crore Businesses in the unorganized sector, 75% of them registered as sole proprietors. But, why? You must have learned somewhere that, S...


Reminding of GST for Suppliers on Ecommerce Platforms

July 24, 2017

E-commerce is a rapidly growing market currently valued at $30 billion and there is no stopping it. This rise and expansion of e commerce business pav...

Contracts and Agreement

Maintenance Contract for Service Providers

July 19, 2017

What is a maintenance contract?A maintenance contract is basically a written document which constitutes the terms of an agreement between a client and...

Business Formation

Legal and Accounting Compliance Every Freelancer Should Know About

July 6, 2017

As a freelancer, it is easy to put the legal and accounting compliance for freelancers on the backburner. However, being a freelancer is not just bein...


Top 17 Startup Legal Disputes

May 2, 2017

In the rising culture of Startups and Small businesses, one thing that cannot be avoided is a rising number of legal disputes. Even the Giant Startups...

Business Formation

A2Z of Starting a Non Profit Organization

April 26, 2017

Special mention: This blog is dedicated to our beloved fans, you guys make our day better and better. 🙂 In India, you can register a Non-profit organi...

Contracts and Agreement

Post Incorporation Compliance for your Gaming Startup

April 24, 2017

Music License: You can use a free public domain or CC 3.0 licensed music from the web, however, most of the time it’s tough to find good music s...

Board of Directors

When you decide to add a Director to your Company

April 20, 2017

Building a Company is at hands of the super team (we call it the Board of Directors) that your company forms, Director is the most important person re...

Startup Funding Paperworks

The reason behind strong correlation between IP Rights and Fundraising

April 16, 2017

Did you know that 90% of startups that have IP protection raised funding successfully? IP is any form of original creation that can be bought or sold....


How to go about Divorce by Mutual Consent?

April 16, 2017

Sometimes it is the solution. Mutual Consent is the term used when both the parties agree to a peaceful separation. It is a simple way of coming out o...


Impact of GST on Food Businesses in India

April 12, 2017

One nation, one tax! That is the concept of the new indirect tax passed by the Rajya Sabha. The Goods and Services Tax is one indirect tax for the who...

Secretarial Compliance

Different ways to Close a Company in India

April 5, 2017

It is better to abandon a sinking and damaged ship than to sink with it. A business may need to be closed for many reasons that may be due to business...


Decoding GST for Infrastructure and Construction Sector

April 5, 2017

Infrastructure and Construction Sector is no doubt the most important pillars of Developing Economy. In absence of it, no resources can be extracted, ...

Board of Directors

Director Removal or Resigning, how to go about that?

April 3, 2017

Director (Important Batsman in the company)The first thing which investors look before making an investment is about the directors of the company as d...

Business Formation

OPC – When you are the only one running the ship

March 24, 2017

The concept of One Person Companies was introduced in India through the Companies Act, 2013 to support entrepreneurs who are capable of starting ventu...


GST and You, for the Biggest Migration

March 21, 2017

With GST replacing most of the indirect tax especially VAT and Service Tax, it becomes necessary for existing suppliers (registered at respective tax ...

Business Registration

Choosing business name in India? Maybe you should do it over

March 16, 2017

Every business entity needs to be given some name and the functioning of the business is carried out in that name only. In the case of a company which...

Business Registration

Why Private Limited Companies convert into LLP?

March 12, 2017

In Limited Liability Partnership or LLP under LLP Act 2008, where all or some of the partners have limited liability as per the shares and offers them...

MSME Registration

What are the Incentives for MSMEs under Udyog Aadhar?

March 10, 2017

You would agree with me that most startups are under the categories of Micro Enterprise that is having an investment of less than Rs 25 lakhs. Conside...


New Trademark rule will get you co-founders feeling crazy!

March 9, 2017

The Government on March 6, 2017 notified a new set of trademark rules which have replaced the old rules constituted way back in the year 2002. The mai...

Start up Lessons

New Trademark rule will get you co-founders feeling crazy!

March 9, 2017

The Government on March 6, 2017 notified a new set of trademark rules which have replaced the old rules constituted way back in the year 2002. The mai...

Business Registration

Converting Sole proprietorship to other Entity options

March 3, 2017

Sole proprietorship is the easiest form of business which some small businesses and startups choose to start with. By doing any one of the registratio...


Biggest mistake that Food Startups could do is to miss out on FSSAI License

March 2, 2017

FSSAI license is mandatory to carry any business activity which deals with production, manufacture, processing, distribution, selling, import, export,...

Legal notice

Started – Incorporated – Forgot – Penalised

February 22, 2017

What is shaking up the startup community is the Legal Notice that the Ministry of Corporate Affairs (MCA) is sending.There are 2000+ startups in Banga...

Business Formation

Strategies that Women Entrepreneurs should consider following like “Starting from Now”

February 15, 2017

Research says the bigger the firm the less likely it is to be headed by a woman. The ILO estimates that while 22 per cent of men’s productive po...


Which Startup Ideas are Patentable?

February 13, 2017

Wait! Did you know? Not all innovations are ‘inventions’ Defining a Patent as per patent Act, a new product or process involving an invent...

Contracts and Agreement

Service Level Agreement in Vendor Agreement for startups

February 7, 2017

Basically, vendor is someone who provides you with a service or goods. For instance, a person providing house cleaning services is a vendor, a person ...

Business Registration

Importance of VAT Registration and why does it exist ?

February 6, 2017

Did you know, VAT or the famous Value Added Tax was originally called as Sales Tax? This is an indirect applicable whenever there is goods and service...


Quick Checklist of Licenses for Restaurants and Food Joints

February 3, 2017

Baam! got an idea, incorporated my food startup, but what are the post incorporation compliance that I need to know to start my operations? Well, that...

Business Registration

Starting Healthcare Business in India – Guide for Entrepreneurs

February 2, 2017

Economists can just turn the table, don’t they? When reports about Healthcare sector expecting to touch $158.2 billion by 2017 came up, entrepre...


Starting a Franchise in India

January 27, 2017

Starting a Franchise in India is an old hat but that always work, Franchising, since the economic liberalization of 1991, many foreign companies with ...


10 Most asked Questions on Copyright Ever!

January 24, 2017

What is copyright?A copyright is used to protect IP that is in an original literary, dramatic, musical or artistic work, cinematograph films, and soun...

Business Formation

Oh, Mighty Bitcoin Startups Here are your Top 15 must follow Regulations

January 23, 2017

Bitcoin is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user persp...


20 Ways to Reduce Tax Liability of your Startup

January 17, 2017

Did you know? Before March, 2017 you have all the chances to do arrangements to reduce tax liability. Startups and other businesses have already start...

Business Formation

Ever thought of starting a Liquor Venture?

January 16, 2017

We have been receiving requests from our ever-loving fans to write an article on starting a liquor venture in India online, so here it is. Note: To ca...

Authorized Share Capital

The Big Mistake Founders do about Authorised Capital of a Company during incorporation

January 12, 2017

Curtain-raising,  what should the authorized capital of a company during incorporation should be? Authorized Capital of a company during incorporation...


Founded your venture? Want to know how you can draw the salary?

January 10, 2017

When entrepreneurs decide on the key things to be taken care of while starting up a venture, he or she would find varied notions around the globe, but...

Subsidiary Company

Are you a NRI planning to start a business in India? Here is the complete guide

January 9, 2017

Every business continues to explore various geographical segments to experiment with the strongly believed products, if we are talking about the fast ...

Business Formation

11 Things you should know about incorporating a Subsidiary in the USA

December 26, 2016

There is much vibe in IOT space, startups are just banging this opportunity, which is super cool. Getting out the product in the tech-savvy market is ...

Business Formation

Complete Guide for running a Food Business in India

October 3, 2016

The Food & Beverage service market is worth INR 2,04,438 crore and is expected to reach INR 3,80,000 crore by 2017. The F&B sector has evolved...

Secretarial Compliance

Why Shut Down your Startup when there are Options for Legal Existence

September 21, 2016

Entrepreneurs remain Entrepreneurs! Sometimes, what surprises me the most is, Why Shut Down your Startup when there are Options for Legal Existence? M...

Business Formation

Plans for a Subsidiary company in Singapore? This is what you should know

September 20, 2016

Singapore is now a popular place to raise international funding. Companies leverage its operational and legal convenience to set up a base or regional...

Business Formation

Guide to Start a Manufacturing Startup in India

September 16, 2016

‘Make in India’ ambitious to see India on the world map as a manufacturing hub and give global recognition to the Indian economy. India...

Business Formation

Odisha Startup Policy a dream comes true.

August 29, 2016

Odisha aims to emerge amongst the top 3 Startup Hubs in India by 2020.   This startup policy would provide incentives and exemptions over and above th...

Business Formation

Top 5 things Startups should learn from SUITS

August 3, 2016

Suits created by Aaron Korsh, known as the most educated program on television, modernized the perception of lawyers worldwide, to a billionaire busin...


Every Venture Wanting to Raise Funds, things you need to know

June 29, 2016

Every Venture wanting to Raise Funds has to invest a lot of time and effort to raise money to scale and keep the business going. All the effort and ti...


10 Legal Mistakes made by Startup Entrepreneurs

June 23, 2016

Setting up your startup involves a lot of work and effort. Many things need attention, including developing a proof of concept, finding product/market...

Funding Compliance

Government to make changes in section 56(2) of income tax act in a bid to promote startups

June 21, 2016

The ‘angel tax’ for investors, who provides funding for startups, has been removed by the Government, to boost entrepreneurship and job cr...

Start up Lessons

OLA starts renting cabs on hourly basis

June 20, 2016

Ride hailing service Ola, is going to add a new service to its kitty. Now you can rent Ola cab on an hourly basis, in a marked contrast to its core bu...

E-commerce Taxation

Draft law proposes to bring e-commerce under GST

June 20, 2016

The draft model law on goods and service tax (GST) has proposed bringing all online buying within the purview of the proposed levy. The move will end ...


Amazon files law suit against Gujarat Government over Entry Tax

June 18, 2016

The legal atmosphere of the country is rising with Amazon recently filing a case against Gujarat state government for imposing Entry Tax. This is a ta...

MSME Registration

Policy Change to bring more startups in medium industry

June 17, 2016

The government is considering policy changes to broaden and energise one of PM Narendra Modi’s initiatives, Startup India, to include a bigger n...

E-commerce Taxation

Flipkart’s revised return policy faces threats from merchants

June 16, 2016

Ecommerce firm ‘Flipkart’ can be in trouble because of its revised return policy. Flipkart was threatened by merchants to either leave or ...

Start up Lessons

How Startups are going to be affected by Equalisation Levy on Google ads and Facebook ads

June 16, 2016

Equalisation levy on digital ads were introduced in the Indian ‘fiscal budget’ presented on February 29, 2016. From June 1st, an equalisat...


Simple Legal Contracts Ensuring Good Health of Your Business

June 16, 2016

Legal base of your business should be strong enough for it to achieve long term success. Budding entrepreneurs forget about it as they are more focuse...

Start up Lessons

Startups with slashed valuation may now need to pay tax on ‘extra’ consideration

June 15, 2016

Income tax department is planning to tax startups whose valuation has been slashed. Section 56 of the Income Tax Act confers the tax department the &#...

Start up Lessons

Learning From Ravi Gururaj’s QikPod Scrap: PUT EVERYTHING IN BLACK AND WHITE

June 15, 2016

Ravi Gururaj, one of the most well-known faces when it comes to the startup ecosystem in India, has found his latest startup Qikpod in legal mire. Qik...

Business Registration

Flipkart Seller Registration

June 14, 2016

If you want to do business on Flipkart then you need to register, either yourself or your business, and become a Flipkart Seller by signing on with Fl...


Guidelines Received by Startups from Indian Patent office

June 13, 2016

In order to encourage aspiring entrepreneurs and also boost innovation, India Patent Office has issued guidelines for startups with respect to filling...

Start up Lessons

Steps to File a PAN Related Complaint Online

June 13, 2016

Have you ever faced issues related to your PAN application like the non-allotment of PAN or an error or mismatch in the name on the card? Did you know...


Impact of GST (Goods and Service Tax) on Indian Economy

June 11, 2016

In recent times, India has been abuzz with criticism on its archaic taxation structure and there is push for a simpler, flat tax structure that will p...

Start up Lessons

10 Basic Accounting Lessons For Startups

June 10, 2016

In today’s time, as soon as an entrepreneur starts his venture, he becomes busy trying to win the race to success. While they are running this r...

Start up Lessons

Companies (Amendment) Bill, 2016: A focus towards ‘Ease of Doing Business’ in India

June 9, 2016

The Companies Act which is considered to be one of the most important legal reforms in India, aims to bring Indian Company Law in par with global stan...


Share Transfer Process

June 9, 2016

The shareholdings of the company decide the ownership of that Private Limited Company. In order to introduce new investors or transfer the ownership o...


Protecting Intellectual Property: 11 Steps That Startups Should Embrace to Protect Their Intellectual Property

June 8, 2016

The number of startup, in every corner of the world, is increasing every second. This competition makes sure that each firm establishes unique image i...


Startups, this is the Procedure to Issue ESOP

June 7, 2016

ESOPs refer to plans that give employees the right to purchase a certain number of the company’s shares instead of salary. This provides the emp...

Start up Lessons

SEBI to ease settlement, compounding rules to fast-track cases

June 6, 2016

Markets regulator SEBI, has decided to ease its settlement and compounding norms as to make sure that the cases are closed faster where accused entiti...


Start collecting your TDS certificates now, deductors can’t delay anymore

June 6, 2016

The income tax department has set time limits for issuing of TDS certificates (Form 16 and 16A) by the deductors. Failure to issue TDS certificates by...

Start up Lessons

Things Entrepreneurs can learn from James Bond

June 4, 2016

The way to Entrepreneurship is not that easy, as it is filled with potholes and road blocks. But Entrepreneurs know how to overcome those problems and...


Everything you need to know before accepting ESOP

June 3, 2016

ESOP is not an unfamiliar term for the startup world. Initially, ESOPs were granted to grant reward or show acknowledgment to senior employees but now...


Changes In Service Tax By Union Budget 2016-17

June 2, 2016

Changes in Service Tax RatesKrishi Kalyan Cess at 0.5% on gross value of taxable servicesService tax rate increased from 14.5% to 15%Service tax on tr...


Modi government’s new way to tax Google, Facebook kicks in from today

June 1, 2016

On Monday 30th May new rules for equalization levy or ‘Google tax’ was announced by the government. Google tax is taxation of payments for...


How to File a DMCA Complaint to Resolve Website Content Scraping Issues

May 31, 2016

The article talks about the details of filing a DMCA (Digital Millennium Copyright Act) complaint to resolve website content scraping issues. You shou...


Financial Minister seeks suggestions on GAAR guidelines

May 30, 2016

The finance ministry started consulting with business on the General Anti-Avoidance Rule (GAAR), which is going to be implemented from the next financ...

Start up Lessons

Startup Acquisition – More startup buyouts poised to take place in the new fiscal

May 28, 2016

For startups who want to join hands with the bigger fish, this year can provide them that and make their wish come true. This fiscal year which ended ...


Intellectual Property Rights

May 27, 2016

The importance of intellectual property in India is well established at all levels- statutory, administrative and judicial. India gave its agreement e...

Post Incorporation

Provident Fund and Employees State Insurance – Key Elements

May 25, 2016

Provident Fund Provident fund is a benefit given to the employees of the firm. While the employee is working in the firm, he along with the employer c...

Start up Lessons

Funding squeeze causing stricter evaluation of e-commerce models

May 24, 2016

The funding Scenario in the Startup world has changed in 2016. Due to this change the Indian e-commerce ecosystem had to adopt stricter evaluation nor...


Patent Registration – Things to keep in my mind

May 23, 2016

What are the Rights granted by Patent? If the grant of the patent is for a product, then the patentee has a right to prevent others from making, using...