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Wazzeer blog

Best legal and accounting services blog in India


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...


This is how an Indian Company can Partner with a Foreign Company

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 Sectors are 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...


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...


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,...

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 ...

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...

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...

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...

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...


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...


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...


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...


Registration Process for Importer Exporter Code

May 20, 2016

Importer Exporter Code (IEC) is mandatory for anyone who is Importing in India or exporting out of India. IEC Code is a unique 10 digit code that woul...


Why and how to Register Trademark in India?

May 5, 2016

A Trademark is a name, logo, tagline, colors that identify a product or service. Business owners are given rights on their trademarks. Trademark is es...

Change in Office Address

Change in Registered Office of a Private Limited Company

May 4, 2016

The process to change registered office from one state to another:In order to change registered office from one state to another:You need to first con...


Diffrence between Trademark, Copyright and Patent

April 28, 2016

People have so many questions regarding IP, like who seeks this protection? What does it protect? What benefits does it give? How long does it last? S...


Importance of Privacy Policy for any Startup

January 27, 2016

This blog talks about the Importance of Privacy Policy for any Startup and how Startups could safeguard their relationship with customers on the long ...


Importance of a formal Co-Founder agreement

January 15, 2016

This post will stress the importance of having this conversation (or more likely, conversations) early on, explain why co-founder agreement is a valua...

Business Formation

Advantages and Disadvantages of LLP – Limited Liability Partnership

January 14, 2016

Advantages and Disadvantages of LLP is one of the most asked questions by entrepreneurs in India.  We at Wazzeer decided to help you understand you un...

Business Formation

What are the entity options to register a business in India?

January 11, 2016

This article talks about different entity options to register a business in India, starting from advantages to regulations to costs are detailed out. ...